Propertyfinder Buy Property Shop

  • 16 years ago
  • Uncategorized
The Australian REA Group appears to be going from strength to strength with further purchases of established UK property websites. April 2008 saw global online property group buy and most recently the purchase of UKpropertyshop.
Launched in 1999, is one of the UK’s most comprehensive estate agent directories, listing the details of 17,000 UK agent offices in 3,000 towns.  In April this year, it was visited by 592,000 people, making it the 7th most popular property site in the UK (ComScore). 

UKpropertyshop has been operating at a slight profit with a business model focused on selling agents priority placements to promote their business details.

Propertyfinder Holdings will run in parallel with its existing and property search portals.  Agents who purchase a propertyfinder subscription will have their property listings displayed on all three sites for the price of one subscription.  In addition, agents will have the option of purchasing a priority position to increase the promotion of their business details on

Simon Baker, CEO and Managing Director of the REA Group said:

“We are extremely pleased to add the UKpropertyshop to our UK business.  The acquisition increases the reach of our UK network of sites and will help increase the number of leads an agent receives from their propertyfinder subscription.

“The Propertyfinder network, which includes, and, is in clear 2nd place in the UK market according to both ComScore and Hitwise.”

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