
Rightmove is a UK-based online property portal that allows users to search for properties to buy, rent, or sell. Founded in 2000 by Adrian Gill and Peter Brooks, Rightmove has become one of the largest property websites in the UK.
The company's services are primarily focused on providing a platform for estate agents to advertise properties online. Rightmove charges estate agents a fee to list their properties on the website, which is then paid for by the agent through their advertising budget.
Rightmove's website receives over 118 million visits every month, making it a go-to destination for people looking to buy, rent, or sell a property. The website's popularity is a testament to its user-friendly interface and extensive property listings.
With a vast database of properties, Rightmove provides users with a one-stop-shop for all their property needs. Whether you're a first-time buyer or a seasoned investor, Rightmove's services are designed to make the process of finding a property as smooth and efficient as possible.
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Investor Information
Rightmove has a long-standing share buy-back program, which aims to enhance shareholder value by reducing shares in circulation. This program was initiated in 2007.
The company purchased 50,000 shares at an average price of 768.872p, which is a small fraction of its total voting rights.
Rightmove's share price has fluctuated over the years, with a current price of 827p. Here's a rough breakdown of its share price performance over the past decade:
As you can see, Rightmove's share price has experienced some ups and downs over the years, but it's essential to keep in mind that this is a long-term investment, and short-term fluctuations are normal.
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Company Structure
Rightmove's company structure is made up of several key components.
The company is led by CEO Tim Bannister, who oversees the overall direction and strategy of the business.
Rightmove's parent company is United Internet AG, a German-based technology company.
Rightmove has a strong presence in the UK property market, with over 800 employees working across the country.
The company's headquarters is located in London, with additional offices in other major UK cities.
Rightmove's structure allows for a high level of autonomy among its regional teams, enabling them to respond quickly to local market trends.
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Advertising and Services
Rightmove offers a range of advertising options to help you sell your property quickly and efficiently.
With over 1 million properties listed on the site, Rightmove is one of the most popular property portals in the UK. Their advertising options cater to different budgets and needs.
You can choose from a range of pricing plans, including a free option that allows you to list your property for a limited time. This is a great way to test the waters and see how much interest your property generates.
Rightmove's premium advertising options include features like featured listings and priority search results. These can help increase the visibility of your property and attract more potential buyers.
Their customer support team is available to help you with any questions or issues you may have. They're known for being responsive and helpful, which is great for busy sellers who need to focus on other things.
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Analysis / Opinion
Rightmove plc is a UK-based online property portal that has been a major player in the industry for years. The company's presence is significant, with a strong brand that is widely recognized.
Rightmove's success can be attributed to its ability to flicker on the radar of potential buyers and sellers. This is evident in its quality offerings, which are designed to meet the needs of a wide range of customers.
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