Agents are being asked to boycott Rightmove over a weekend in a mass industry demonstration.
A reader, “smile please”, has posted the call to action on the Arena part of our site.
The demonstration would be “about highlighting the unfair grip Rightmove has on our industry and their bullying tactics of charging more and more”.
The post continues: “I am suggesting that we turn off our feed to Rightmove from Friday 5pm until Monday 9am (date to be set).
“The reason behind this is to demonstrate to the portals that they have nothing if it was not for the support of the estate agents that they take for granted.
“Rightmove make 74p profit in every £1 they receive.
“Whereas we do not mind companies making a profit, this figure is ludicrously high. With fee erosion, transaction numbers down, the rise of online ‘listing agents’ and the monopoly Rightmove have on the industry (in my opinion) many good full service estate agents feel this is unfair.
“I am looking for the support of estate agents to switch their listings to invisible over a weekend.
“This will be the start of a planned sustained demonstration to Rightmove and other ‘service providers’ that as an industry we can come together and that we will not be bullied into paying whatever figure they feel they can squeeze out of us.
“Without our stock that we have invested in to obtain, Rightmove have little to offer the public.
“This is a very ambitious movement. We cannot expect the support of corporate estate agents as they have a stake in Rightmove. This will not work with just a few hundred estate agents signing up.
“This is why I am asking the industry to come together.”
The aim is to get 8,000 offices to join the “invisible weekend” protest.
“smile please” has set up a dedicated email account at email@example.com
Agents in support of the “invisible weekend” are also asked to spread the word on social media, using the hashtag #InvisibleWeekend
The full post is here