Free-to-list portal sets out ambitious aim for more than a million listings

Free-to-list property portal Residential People has announced that it has secured 800 new property enquiries for UK estate agents in the past four weeks.

Residential People was launched in March by commercial agent Christopher May, and operates in the UK, UAE, Bangladesh, India, Nigeria, Pakistan and South Africa.

A spokesman said the bulk of the 800 enquiries has been for valuations.

The portal claims its current trajectory in the UK is to hit 6,000 new property enquiries per month and bring the total number of agents’ listings to 1.6m by the end of the year.

May said: “The support we have had from agents across the UK so far has been fantastic, and we are confident that we will be able to continue to create an attractive value proposition as we gradually scale-up our business to support more agencies from across the UK and beyond.

“In terms of value, our plus points are easy to see, we are a completely free-to-list portal and one that stays the same no matter how big or small an agent might be.”

UK users include Lambert Smith Hampton, Avison Young, Open House and Belvoir.

Agents and sellers can list for free but pay extra for marketing tools and to have a featured property.

The portal offers the usual listing features such as lead tracking generation and pictures, descriptions and microsites.

Users can transfer listings into pdfs and the portal has also launched a new facility allowing videos to be uploaded.

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3 Comments

  1. Penguin

    Good luck Chris!

     

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  2. Sam West

    Decent portal impressed so far.

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  3. Property Pundit

    Just what the industry needs, another copycat portal indistinguishable from the rest other than on cost.

    So we have one that charges a fortune, another that everyone thought would keep the charges of the main portal in check (it didn’t), one that doesn’t know what to charge or even if their advertisers will pay what they are now being told to (they won’t), one that claims to be free (above) and one that states it will pay agents for hosting their listings.

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