Landlords using OpenRent WILL have listings on Rightmove after all

A brief statement to the London Stock Market this evening has confirmed that Rightmove will, after all, carry OpenRent listings in future, following an agreement over fees. 

There was speculation a deal would be struck, despite a separate statement by Rightmove two days ago saying OpenRent listings would be removed from the portal on September 1.

OpenRent contributes some 8% of Rightmove lettings listings, so its loss - had it happened - would have been one of the biggest blows to the Number One portal in recent years; the very threat of it prompted Rightmove to reassure shareholders that its long-term profit and revenue forecasts remained in place. 

The latest Rightmove statement says: “Further to the announcement on 6th August, Rightmove announces that OpenRent has entered into a new membership agreement. “Our guidance for the year remains as stated at our H1 2024 results.”

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