Art Krymski voted "Man At The Top"

November 21, 2007 at 9:36 am | In artemi krymski, awards, extate, media | Leave a Comment

Not only does he have the biggest pagerank (;
but Art (the artist) Krymski, the genius behind Extate.com was recently nominated at Esquire magazine’s prestigious Man At The Top Awards for Best New Idea.
Art found himself up against some pretty hefty competition including billionaire entrepreneur Philip Green and Mark Price who currently heads up the retail giant Waitrose. Art eventually lost to Simon Woodroffe, founder of YO! Sushi and the newly launched Yotel.
Hearty congratulations to Artemi, Doug and the rest of the Extate team. We’re expecting very big news from Extate over the weekend. Stay pinged to Renthusiast, for the exclusive as and when it happens.

Oodle now powering classifieds for Magic FM

November 19, 2007 at 1:33 pm | In classified, media, oodle, partnership | 1 Comment

Magic Radio the number one station in London announced this morning, their partnership with the newly revamped Oodle Network, to power classified search on the Magic FM website.

“Radio Stations, with their strong local consumer base, have a great opportunity with online classifieds, by working with Oodle and offering free online classified listings to their users Magic have a tremendous opportunity to grab a significant share of this fast developing market.”

claims Duncan Dunlop, General Manager Oodle UK. although he did not elaborate on how exactly Magic would make money from the deal. Oodle plans to share display and PPC revenues generated from the classifieds with Magic.

“Classifieds market is worth over 3bn in UK and is the fastest growing segment on line so if they can secure even a small market share, revenues will look after themselves,”

according to Duncan

“We have found that our listeners are avid classifieds users, we’re excited about letting our 2m weekly listeners have the chance to post their listings for free, as well provide them with access to the largest number of classifieds listings in London.”

said James Walden, Business Development Director at Magic Radio.

This is the second major media partnership Oodle has scored in recent months. Earlier this year, they announced a partnership with Sun.co.uk, the online home of the UK’s biggest tabloid and a top 50 website according to Alexa rankings

Rightmove lifts embargo

September 14, 2007 at 2:12 pm | In breach, media, rightmove | Leave a Comment

After today’s unauthorized breach of the Rightmove September Index [pdf], the company has now decided to release the full report, in order to avoid “potentially misleading and selective reporting of the full September 2007 report.”

HIGHLIGHTS:

Rightmove claim that average asking prices have fallen by 2.5%, but blame the fall on the HIP kerfuffle as opposed to overall market conditions.

Greater London average asking prices’ dropped by 2.5% in September to £384,439
from £394,268 in August. The last time we saw such a negative figure was in August 2004, when prices dropped 4.3 % in a month. However, the lower number of ‘higher priced’ 4+ bedroom properties coming onto the market after the August 1st implementation of HIPs does exacerbate the average price drop, though the London market has fewer large properties than the rest of the country. Distortion of normal market forces will continue into next year due to HIPs implementation and phasing according to bedroom numbers.

[Full PDF]

Rightmove – "60% rise in six-month profit"

August 31, 2007 at 10:45 am | In advertising, investment, media, rightmove | Leave a Comment

So much for the cooling market, it certainly ain’t cooling online, with Extate’s new money and Rightmove’s expanding profit margin, certainly the right place to be investing – at least for the moment:

[Reuters]

Rightmove Plc, which runs Britain’s busiest property website, reported on Friday 13.2 million pounds ($26.5 million) in underlying operating profit for the six months to end June, as the number of advertisers rose by 26 percent and visits to its property website increased by 58 percent.
“We expect to generate a similar level of year-on-year growth in the second half … Property agents have to sell houses in a slowing market, and so they are doing promotions … We do not see any noticeable deterioration in our business,” Managing Director Ed Williams told reporters.
He said the length of time properties were staying on the market was rising, however.
Britain’s housing market has slowed as five interest rate increases in less than a year to 5.75 percent and expectations of another hike to 6 percent damp buyer interest.
Rightmove earns subscription fees from its customers such as estate agents, rental agents and new home developers in exchange for allowing them to advertise properties, new developments and rental properties.[more]

Renthusiast makes headlines!

August 29, 2007 at 12:59 pm | In london, media, renthusiast | Leave a Comment

Yup, that’s right, we made the Rat and Mouse headlines this morning by calling out Liam Bailey over the weekend. Who’s next, Guardian, Times, Evening Standard, Metro, c’mon guys we know you’re reading, show your love (:
Thanks to Ben for the support, but more importantly, it’s nice to see we have backing in our argument, given the Telegraph article Rat and Mouse also linked to this morning. Ironically, that article also quotes extensively from Liam, but this time he’s supporting the theory that the foreign buyers are propping up the London market, also verified by Land Registry figures released today and the fact that London is apparently set to break another record in bonuses this year in spite of the credit crunch. Who knows, maybe we were a little premature in calling out Liam like that, since the Telegraph article shows that he was putting together the Prime Central London Index. Maybe he didn’t have all his figures together before FT went to press on Saturday; or maybe he was just plain misquoted, or maybe the FT was perhaps maybe guilty of a little sensationalism, tabloid style journalism? Could it be? Maybe? Nah … not the FT, say it ain’t so… please

Nestoria teams with Real Estate TV

April 25, 2007 at 9:11 pm | In media, nestoria, search | 2 Comments

Nestoria’s co-branded search program is taking off, the latest partner being none other than Real Estate TV. The co-branded search program has linked with mainly alternative media organizations so far, including Rat and Mouse, Londonist and HouseReview. Nestoria’s search aggregation has come under criticism for crawling established search portals, but recently, their search results appear to be generating more results from generic estate agents.

The Economist covers housing

March 26, 2007 at 6:20 pm | In bubble, housing market, media, subprime | Leave a Comment


Unfortunately, I don’t have an online subscription, but the teaser reads quite lovely …

JUNE is National Homeownership Month in America. National Foreclosure Month would be more apt. Some corners of the mortgage market—notably subprime loans aimed at those with poor credit records—have a nasty case of dry rot.…

Trump on Letterman

January 8, 2007 at 10:28 am | In donald trump, marketing, media | Leave a Comment

In the midst of Rosie vs Donald, Trump visited Letterman last week to once again, tell his side of the story. The most interesting exchange:
Trump: I help somebody and she calls me a pimp …
Letterman: but you wouldn’t mind being a pimp, if everything else went away
Trump: nods head in apparent agreement.


In more Trump news, peep this interview, where Don Jr describes his Dad as “the brand” and that “there are times when it may be exaggerated, but it’s pretty much him… hopefully we can perpetuate that.”
Season 6 of Trump’s Apprentice premiered last night on NBC

Miles Shipside defends Rightmove

December 13, 2006 at 9:21 am | In countrywide, media, rightmove | Leave a Comment

Last weeks controversial Mail on Sunday article, claimed Rightmove.co.uk was selling confidential data to the Valuation Tax office. In today’s edition of Estate Agency News, Rightmove’s commercial director Miles Shipside defended the allegation, claiming the MoS article was “an attack on the estate agency profession”:

The Valuation Office is one of the largest employers of professional surveyors in the UK and naturally uses comparable evidence from a wide variety of sources, including, most importantly, the sale prices from the Land Registry. Like other surveyors, Valuation Office employees search on Rightmove as well as other property portals and estate agents’ own sites. The Valuation Office approached Rightmove to license our Market Comparable Reporting Tool, which is widely used by Rightmove member agents. Using this tool helps the Valuation Office achieve high standards of accuracy and saves them time and money that would otherwise be spent searching properties advertised online and on agents’ own websites. I can reassure our members and their clients that Rightmove does not pass any property data to the Valuation Office and that they have no access to personal client data. All the information which the Valuation Office has access to has been freely available in the public domain whether on Rightmove, other property portals or agents’ own websites.

In other Rightmove news; in a comment concerning yesterday’s announcement on the sale of parent company Countrywide, the popular website claimed that as of Dec 8, estate agent members had increased to 11,170 from 10,360 at the end of June and that total membership for all lines of business has grown to more than 16,000 from 14,680 at the half year.

Londonist now partnering with Nestoria

December 12, 2006 at 8:12 pm | In london, media, nestoria, search | Leave a Comment

Popular and long-running blogsite Londonist (part of New York based Gothamist LLC) announced their property search partnership with Nestoria a few days ago.

Next Page »

Blog at WordPress.com. | Theme: Pool by Borja Fernandez.
Entries and comments feeds.