Rat and Mouse
Tue
02
Jan
KFH have gazed upon the property portal market...

... and seen that it's good:

"Over the last twelve months we have been closely monitoring the property portal market and coupled with this, we have conducted our own market research. 60 per cent of our buyers and 50 per cent of our tenants will look at a property portal before any other activity when looking for a new home and overall, 83 per cent of our buyers use a portal as part of their search. We have taken a very measured approach to online marketing and through our analysis it is an undeniably powerful tool in today's market place."

No shit. And it's for this reason that all KFH's London listings are now available on both Rightmove and Primelocation. We're just surprised it's taken so long.

Comments

It is exactly 12 months since Primemocation dropped their requirement to list exclusively on the site since and it looks like over 98% of their agents have taken advantage of this and now officially list elsewhere. KFH are the latest (in every sense of the word!). With more agents now listing elsewhere than on the site the silence you can hear is DMGT wondering why they paid over �47m for the business in December 2005.....

Posted by Country Mouse at January 2, 2007 5:37 PM


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