Join our community of smart investors

The contrasting fortunes of Rightmove and Foxtons

The relative performance of estate agents Foxton versus estate agency platform Rightmove shows where the real money in property is to be made.
August 1, 2021

 

  • The stamp duty tail-off is currently cooling the market
  • Quality comes at a price - technology platforms now have the edge

One of the more creative reasons the estate agents are giving for a lack of viewing appointments is that potential buyers were settling down to watch the Olympics – which, given the time difference with Japan, must mean that people regularly view houses at 2am on weekday mornings. Apart from the disruption caused by the pandemic, and the Olympics, obviously, the industry has had a good year with the government’s stamp duty holiday firing up the market for property outside of the big cities.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in