{"id":289,"date":"2015-05-22T10:22:52","date_gmt":"2015-05-22T10:22:52","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/zoopla-surprise-move-may-down-new-estate-agents-portal\/"},"modified":"2018-02-21T12:02:18","modified_gmt":"2018-02-21T12:02:18","slug":"zoopla-surprise-move-may-down-new-estate-agents-portal","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/zoopla-surprise-move-may-down-new-estate-agents-portal\/","title":{"rendered":"Zoopla surprise move may down new estate agents portal"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus 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sell a p<a class=\"wl-entity-page-link\" title=\"estate\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/estate-law\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/estate_law;http:\/\/rdf.freebase.com\/ns\/m.038t85;http:\/\/dbpedia.org\/resource\/Estate_(law)\" >roport<\/a>i<span id=\"urn:enhancement-cd3ccdaa-ee98-f2c8-5478-641af2add463\" class=\"text&lt;span id=\" urn:enhancement-4fb0c8f2-222c-5bed-31ae-0447842209a1=\"\">annotation&#8221;&gt;on of <\/span>its shares in Zoopla Property Group\u2019s with an initial p<span id=\"urn:enhancement-3e5474d3-d60b-c8ab-6426-b2547de74f0c\" class=\"textannotatio&lt;span id=\" urn:enhancement-4e092af9-dbc0-a9e0-fb9c-5ae044788f27=\"\">n&#8221;&gt;<\/span>ublic offering. <i>Zoopla <\/i>has also made a surprise move to woo <a href=\"https:\/\/www.thehouseshop.com\/compare-estate-agents\" title=\"estate agents\">estate agents<\/a> by offering 20% discount on its shares.<\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><span style=\"color: #333333; font-family: Georgia; font-size: medium;\">The move could be seen as an <span id=\"&lt;span\" class=\"textannotation\">&#8220;urn:enhancement-20b19a22-33d0-0849-2994-f305bc0ec79e&#8221; class=&#8221;textannotation&#8221;&gt;attempt diminish the threat posed by a new portal called <i>Agents Mutual<\/i> launching in January 2015<\/span><\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><span style=\"color: #333333; font-family: Georgia; font-size: medium;\"><a title=\"\" href=\"http:\/\/www.agentsmutual.co.uk\/\" target=\"\">Agents\u2019<span id=\"urn:enhancemen&lt;span id=\" urn:enhancement-26c9=\"\" span=\"\">c45a-114f-5d54-0bb9-a1669d339ed2&#8243; class=&#8221;textannotation&#8221;&gt;t-09a3f99d-c4be-81d9-1390-2147466a5c32&#8243; class=&#8221;textannotation&#8221;&gt; Mut<\/span>ual<\/a> was founded by estate and lettings agents in the UK to create a <span id=\"urn:enhancement-e6295fd7-cfd4-3c7f-205e-70776c50d7f4\" span=\"\" class=\"textannotation\">class=&#8221;textann<span id=\"urn:enhancement-332a2e1c-7492-f7d9-e9c4-9a4925d6f604\" class=\"textannotation\">ot<span id=\"urn:enhancement-63f3d775-234e-0ef6-1f33-9419e4601c10\" class=\"textannotation\">at<!--<\/span-->span&gt;ion&#8221;&gt;new pr<\/span>operty portal which is due to launch in January 2015. The Company will be owned 100% by the agent firms which list on its portal and each<span id=\"urn:enhancement-ff319e68-8e39-c93b-450a-e3d93a5cce6a\" class=\"te&lt;span id=\" urn:enhancement-2cee3102-5bab-=\"\" span=\"\">d358-8f62-58ee4fdec327&#8243; class=&#8221;t<span id=\"urn:enhancement-12b93be9-0&lt;span id=\" urn:enhancement-6dd52=\"\" span=\"\">9f7-62ae-0d77-6ea5-9513ce33ef1e&#8221; class=&#8221;textannotation&#8221;&gt;113-fbd1-c2fe-dbc9f940c89c&#8221; class=&#8221;textannotation&#8221;&gt;extan<\/span>no<\/span>tation&#8221;&gt;xtannotation&#8221;&gt; s<\/span>uch agent firm will become a member of the company thereby having an equal shared interest in it. One firm = one member = one vote, irrespective of firm size.<\/span><\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\">id=&#8221;urn:enhancement-c808b61f-1edd-c512-7d50-47ee3b45cb82&#8243; class=&#8221;textannotation&#8221;&gt;38845977b30&#8243; class=&#8221;textannotation&#8221;&gt;ize: medium;&#8221;&gt;Zoopla is the UK\u2019s second large&lt;sp<span id=\"\" span=\"\"><span id=\"urn:enhancement-4669dda3-8372-&lt;span id=\" urn:enhancement-75299907-5ac4-3=\"\" span=\"\">353-503c-5b34939ab544&#8243; class=&#8221;textannotation&#8221;&gt;3809-cb12-15a48af57ac8&#8243; class=&#8221;textannotation&#8221;&gt;=&#8221;urn:e<\/span>nhancement-86157d23-0598-d069-2042-2986db8593cf&#8221; class=&#8221;textannotation&#8221;&gt;an id=&#8221;urn:enhancement-cdaf9e8d-1937-1ba3-3471-79b1437459cf&#8221; class=&#8221;textannotation&#8221;&gt;st property website after Rightmove. It says it has an average of 40 million users per month and advertises 90% of residential property listings .&lt;\/sp<\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><span style=\"color: #333333;&lt;span id=\" urn:enhancement-bc20913e-7271-9f25-6274-=\"\" span=\"\">b882798d5f81&#8243; class=&#8221;textannotation&#8221;&gt; f<span id=\"urn:enhancement-6fe169de-e3&lt;span id=\" urn:enhancement-a8fe32bd-7f49-dc08-fa06-8a6fc7d58ea5=\"\" class=\"&quot;textannotati&lt;\/span\">on&#8221;&gt;c7-3482-af0b-70f96374b&#8221; class=&#8221;textannotation&#8221;&gt;0babbf296&#8243; class=&#8221;textannotation&#8221;&gt;ont-fami<\/span>ly: Georgia; font-size: medium;&#8221;&gt;The seven-year-old homes portal is set to float with a valuation of around \u00a31bn, according to reports, following the recent \u00a31bn-plus listings of fellow technology companies AO World and Just Eat.<\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><img src=\"http:\/\/www.londonlovesbusiness.com\/pictures\/462xAny\/4\/4\/7\/5447_alex-chesterman.jpg\" alt=\"Alex Chesterman Zoopla\" align=\"none\" \/><span style=\"color: #333333; font-family: Georgia; font-size: medium;\"><br \/>\n<\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\">&gt;span&gt;urn:enhancement-4f7a6bd0-cccb-b62d-a92f-6fb0cb93fabf&#8221; class=&#8221;textannotation&#8221;&gt;mce-style=&#8221;color: #333333; f&lt;&lt;span&lt; span=&#8221;&#8221;&gt; id=&#8221;urn:enhancement-390a1f8f-ddc0-6e4e-b779-06926ffe8223&#8243; class=&#8221;textannotation&#8221;&gt;span id=&#8221;urn:enhancement-9fb5b4ea-f7f1-a8ef-50e9&lt;\/span&lt;&gt;-d5bd54259d55&#8243; class=&#8221;textannotation&#8221;&gt;ont-family: Georgia; font-size: medium;&#8221;&gt;Alex Chesterman, founder &amp; CEO of ZPG, said: \u201cWe are <span id=\"urn:enhancement-358384c6-96c&lt;span id=\" urn:enhancement-d49929f6-9d52-0b8e-=\"\" span=\"\">aaa6c262f17bc&#8221; class=&#8221;textannotation&#8221;&gt;-52cbbfn:enhancement-161db414-6450-b085-dbd4-d96a01c612a3&#8243; class=&#8221;textannotation&#8221;&gt;c80082&#8243; class=&#8221;textannotation&#8221;&gt;0-e55f-a0a7-f15c622e27ad&#8221; class=&#8221;textannotation&#8221;&gt;delighted t<\/span>o be able to offer our members the opportunity to become shareholders in our business by participating in our IPO at a significant discount.<\/p>\n<p class=\"textannotation\" style=\"margin: 0cm 0cm 18pt;\">position: initial initial; background-repeat: initial initial;&#8221; data-mce-style=&#8221;margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;&#8221;&gt;<span style=\"color: #333333; font-family: Georgi&lt;span id=;\" urn:enhancement-6a498f56-8533-5f89-8a8e-0119dd5c0f=\"\" span=\"\">47&#8243; class=&#8221;textannotation&#8221;&gt;a; font-size: medium;&#8221; data-mce-style=&#8221;color: #333333; font-family: Georgia; font-sizespan&gt;ancement-27985261-75e4-564b-a489-94a754d2ae10&#8243; class=&#8221;textannotation&#8221;&gt;:enhancement-c9907b8b-8c7d-8f8d-7f09-3f6ec17424be&#8221; class=&#8221;textannotation&#8221;&gt;: medium;&#8221;&gt;\u201cThis is a great way of thanking our members for their loyalty and support and with almost 20,000 members, the offer equates to a \u00a320m \u00a0discount to our loyal agent and developer members.\u201d<\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; backg&lt;\/span&gt;round-repeat: initial initial;\">13-7aaf-8bb5-de3c-47fe6d23ff91&#8243; class=&#8221;textannotation&#8221;&gt;font-family: Georgia; font-size: medium;&#8221;&gt;The 20% discount is, said Zoopla, \u201cdesigned to reward past and future customer loyalty and will allow each current member to purchase shares now and next year at the discount per branch.<\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><span style=\"color: #333333; font-family: Georgia; font-size: medium;\">Each will be ab<a class=\"wl-entity-page-link\" title=\"Real estate development\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/real-estate-development\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/real_estate_development;http:\/\/rdf.freebase.com\/ns\/m.028sdw;http:\/\/dbpedia.org\/resource\/Real_estate_development\" >le to buy u<\/a>p to \u00a32,500 shares per branch or per development.<\/span><\/p>\n<p class=\"&quot;texta&lt;\/span\" style=\"margin: 0cm 0cm 18pt; background-position: initial initial; b&lt;\/span&gt;ackgro&lt;\/span&gt;und-repea&lt;span id=\">nnotation&#8221;&gt;t: initial initial;&#8221;&gt;<span s=\"\" span=\"\" id=\"urn:enhancemen&lt;span id=\" urn:enhancement-d03d5726-023c-f834-bfc3-099f9b978586=\"\" class=\"textannotation\">t-47686519-fe66-c33a-f0f9-362a9f436ec9&#8243; class=&#8221;textannotation&#8221;&gt;tyle=&#8221;co<a class=\"wl-entity-page-link\" title=\"Property\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/property\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/property;http:\/\/rdf.freebase.com\/ns\/m.05wrt;http:\/\/dbpedia.org\/resource\/Property\" >lor: #33<\/a>3333; font-family: Georgia; font-size: medium;&#8221; data-mce-style=&#8221;color: #333333; font-family: Georgia; font-size: medium;&#8221;&gt;Zoopla like Rightmove will not allow listings from those homeowners that want to undertake a private house sale. <a id=\"urn:enhancement-c57e1f82-a693-ccf0-e1bf-fe6342e9b452\" class=\"&lt;\/span&gt;textannotation\"><\/a>title=&#8221;&#8221; href=&#8221;https:\/\/www.thehouseshop.com&#8221; data-mce-href=&#8221;https:\/\/www.thehouseshop.com&#8221;&gt;For Sale By Owner services such as those at<b> The House Shop<\/b>\u00a0are restricted from promoting \u00a0owners properties on both portals.\u00a0<\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><span style=\"color: #333333; font-family: Georgia; font-size: medium;\">Despite the restriction the <a title=\"\" href=\"https:\/\/www.thehouseshop.com\/property-for-sale?listing-type=sale&amp;autocomplete-selection=&amp;search=&amp;price-min=&amp;price-max=&amp;bedrooms=&amp;radius=1&amp;sort-by=most-recent\">private sale sector<\/a> is growing as more and more people seek peer to peer methods to sell property. \u00a0The savings of a DIY home sale are on average 2% of the property sale price . Recent\u00a0announcements\u00a0that estate agents will now start\u00a0to charge buyers who engage in bidding\u00a0<\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><span style=\"color: #333333; font-family: Georgia; font-size: medium;\">\u00a0<\/span><\/p>\n<p style=\"margin: 0cm 0cm 18pt; background-position: initial initial; background-repeat: initial initial;\"><span style=\"color: #333333; font-family: Georgia; font-size: medium;\">Author :<a href=\" https:\/\/plus.google.com\/115654041100964611788?rel=author\">Nick Marr<\/a><br \/>\n<\/span><\/p>\n<div style=\"display: block;\"><\/div>\n<p><!--EndFragment--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; 88c3c4557e1&#8243; class=&#8221;textannotation&#8221;&gt;; font-family: Georgia; font-size4-8bd6-822f46a21268&#8243; class=&#8221;textannotation&#8221;&gt;7d0bb93&#8243; class=&#8221;textannotation&#8221;&gt;: medium;&#8221;&gt;LSL Property Services has confirmed it intends to sell a proportiannotation&#8221;&gt;on of its shares in Zoopla Property Group\u2019s with an initial pn&#8221;&gt;ublic offering. Zoopla has also made a surprise move to woo<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/zoopla-surprise-move-may-down-new-estate-agents-portal\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":290,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[17],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"https:\/\/www.thehouseshop.com\/property-blog\/wp-content\/uploads\/2015\/02\/zoopla_surprise_move_may_down_new_estate_agents_portal.jpg","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/zoopla_surprise_move_may_down_new_estate_agents_portal","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/289"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=289"}],"version-history":[{"count":5,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/289\/revisions"}],"predecessor-version":[{"id":15489,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/289\/revisions\/15489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media\/290"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=289"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}