Starting an Online Estate Agency

Starting an Online Estate Agency

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Discussion

jammy-git

29,778 posts

214 months

Monday 22nd January 2018
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Not that PurpleBricks accounts have much relevance to the OP, but didn't Amazon post a loss for several years running whilst they were growing and gaining market share?

Adam B

27,399 posts

256 months

Monday 22nd January 2018
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jammy-git said:
Not that PurpleBricks accounts have much relevance to the OP, but didn't Amazon post a loss for several years running whilst they were growing and gaining market share?
not losses but it made zero profit for many years as it had a policy of ploughing all profits into growth investment, as soon as that slowed down it was going to be showing big profits, which started recently - smae might be true of PB (not sure)

BoRED S2upid

19,770 posts

242 months

Monday 22nd January 2018
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Doesn’t one charge £99? I remember reading about the lad he was only young. That’s not going to leave much profit how much do Rightmove andZoopla charge to list? Cost is the only reason you would use online instead of a local agent.

superlightr

12,876 posts

265 months

Monday 22nd January 2018
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BoRED S2upid said:
Doesn’t one charge £99? I remember reading about the lad he was only young. That’s not going to leave much profit how much do Rightmove andZoopla charge to list? Cost is the only reason you would use online instead of a local agent.
exactly and Pbricks are now increasing their listing charges - why ? because it doesn't make them any money. worse than that it loses them money. Hence their usp of we are cheap doenst work. Anyone can be cheap and go bust.

EddieSteadyGo

12,224 posts

205 months

Monday 22nd January 2018
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superlightr said:
BoRED S2upid said:
Doesn’t one charge £99? I remember reading about the lad he was only young. That’s not going to leave much profit how much do Rightmove andZoopla charge to list? Cost is the only reason you would use online instead of a local agent.
exactly and Pbricks are now increasing their listing charges - why ? because it doesn't make them any money. worse than that it loses them money. Hence their usp of we are cheap doenst work. Anyone can be cheap and go bust.
Not sure where you are basing the quote of £99. Pbricks charges circa £1000.

DHE

4,534 posts

192 months

Monday 22nd January 2018
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EddieSteadyGo said:
superlightr said:
BoRED S2upid said:
Doesn’t one charge £99? I remember reading about the lad he was only young. That’s not going to leave much profit how much do Rightmove andZoopla charge to list? Cost is the only reason you would use online instead of a local agent.
exactly and Pbricks are now increasing their listing charges - why ? because it doesn't make them any money. worse than that it loses them money. Hence their usp of we are cheap doenst work. Anyone can be cheap and go bust.
Not sure where you are basing the quote of £99. Pbricks charges circa £1000.
He isn't saying Purple Bricks charge £99, but one of the online agents. https://doorsteps.co.uk/?gclid=EAIaIQobChMI7eqGmtT...

EddieSteadyGo

12,224 posts

205 months

Monday 22nd January 2018
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DHE said:
He isn't saying Purple Bricks charge £99, but one of the online agents. https://doorsteps.co.uk/
Interesting. Hadn't seen that. But they won't be around for long effectively doing it for free.

BoRED S2upid

19,770 posts

242 months

Tuesday 23rd January 2018
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DHE said:
He isn't saying Purple Bricks charge £99, but one of the online agents. https://doorsteps.co.uk/?gclid=EAIaIQobChMI7eqGmtT...
That’s the fella. Is PB’s really £1000?

superlightr

12,876 posts

265 months

Tuesday 23rd January 2018
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The fee is to List not to sell.