Discover and read the best of Twitter Threads about #hyperlocal

Most recents (3)

Are property portals necessary in 2022?

The high buyer demand we’re seeing largely obviates the need for a property listing aggregation site.

We’re seeing lots of reports of 20 – 25% of sales taking place off-portals.

Portals fail to present a full picture of the market.
With currently 19 or 29 buyers for every property (which ever report you prefer to quote), people waiting for portal alerts or manual checking the feeds themselves are risking a ‘snooze, you lose’ scenario.

Many properties are snaffled up on the first viewing (FOMO in action).
Low stock levels cause agents a huge problem of a different variety; the return on the investment they receive from advertising on the portals.

Many agencies are spending £2000+ every month alone on @rightmove at a time when they have the lowest number of available properties.
Read 10 tweets
Stamp Duty Holidays finally over ✅

Many sales brought forward & completed ✅

Shortage of stock / listing crisis emerging? ✅

Inflation up / higher chance of interest rate rises ✅

Cost of living soaring ✅

Record house prices ✅

More people (FTBs) being priced out ✅
Inflation-busting price increases from the No.1 portal, a large expense faced by most independent agents ✅

Independent agents & builders continuing to hugely subsidise corporate agency subscriptions ✅

Perfect storm to elicit strong action from independent estate agency? ✅
There's plenty that independent agents can disagree on; who gives the best service, who offers the best photography, who achieves the best results, who's got the best shop window, etc, BUT the one thing they all agree on - they hate paying Rightmove's truly exorbitant fees.
Read 10 tweets
We at have built a Covid-19 tracking console for Karnataka using the data launched by the Karnataka Government here:
You can use this console to plan your strategies, groceries and deliveries.

Some features on the console:
1. The grids show the aggregated number of quarantined people. & is colored based on density. You can change the resolution of grids in Settings.
2. There are 3 types of filters: Legend filters can be used to filter grids based on severity. The categorical filters are on the right. The location filters can be used to focus on POIs, areas, and places [Try Kormangala Bus Stand]
Read 8 tweets

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