Commercial People and Residential People boss calls for competition

December 2, 2019
Share this Post: 

Both Commercial People and Residential People are insisting that there is room for more competition in the industry.

The twin companies launched this year across the UK, UAE and South Africa, and are set to launch shortly in India, Nigeria and China, with ambitions to roll out across the globe.

They are free to list for both commercial and residential agents, and both say that this could help bring portal costs down generally.

London-based director Christopher May said:

“The hard work has just begun but we are overjoyed with the positive response we are getting from agents so far.”

May said that the international proposition is key, making it stand out from other portals.

“For example, Rightmove has approximately 635 properties in South Africa and we have over 25,000.”

May said:

“After constantly reading about the increasing costs of running a real estate agency and having been an agent myself, I fully appreciate the burden of the rising costs of running a successful real estate agency."

Read more here

Join us February 26-27 for the Property Portal Watch Conference Bangkok 2020.

December 2, 2019

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Yandex Bleak Houses
Yandex Reaches Settlement with Russian Classifieds Companies Over Competition Law Dispute

Russian search giant and online classifieds operator Yandex has reached a settlement with the country's Federal Antimonopoly Service (FAS) putting...

Read More
Otm British Street
OnTheMarket Performing 'Ahead of Expectations' as it Rapidly Approaches Breakeven

The majority agent-owned British portal OnTheMarket has released a trading update to the London Stock Exchange in which shareholders were...

Read More
Homesearch Searching For Home Pic
British PropTech Homesearch Gets Funding From Original Zoopla Backer Octopus Ventures

Property data prospecting system and one-time challenger portal operator Homesearch has secured £5 million in funding from Octopus Ventures. Founded...

Read More
Habi Aerial Backgorund Df
Mexican iBuyer Habi Acquires Portal and Tu Cantón

Colombian based iBuyer Habi has announced that it has acquired OKOL, the parent company of Mexican end-to-end brokerage and marketplace...

Read More

Popular News