Landlords using OpenRent to lose Rightmove access
2 years ago | 10 comments
Rightmove and OpenRent U-turn in partnership shock
9:17 AM, 9th August 2024, 2 years ago
An announcement last night (8 August) has upended Tuesday’s announcement that Rightmove had severed ties with OpenRent.
The property portal giant has confirmed that the online letting agent has signed a new membership agreement.
Rightmove said: “Further to the announcement on 6th August, Rightmove announces that OpenRent has entered into a new membership agreement. Our guidance for the year remains as stated at our H1 2024 results.”
Public dispute over fees
This abrupt reversal follows a public dispute over fees that had led Rightmove to declare the partnership terminated from 1 September 2024.
Rightmove previously projected a 3% year-on-year membership decline due to OpenRent’s departure.
The UK’s dominant property platform, Rightmove boasts eight times more listings than its closest competitor.
More than 80% of online property searches occur on the site.
Tags:
estate agents, Landlords, lettings, online property, openrent, Property, property portal, Rightmove, UK Property Market
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