42244 10 3 econsultancy_xml <p> <a href="http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article2022559.ece">The Times</a> is reporting that <a href="http://www.fish4.co.uk/iad/homes">fish4homes</a> has pulled out of its contract with <a href="http://www.tescopropertymarket.com/">tescopropertymarket.com</a>. The move will initially damage Tesco's plans, as it would have expected to see many thousands of referrals from the fish4homes portal. </p> <p>Other online property portals have <a href="/blog/1435-tesco-moving-into-the-online-property-market">already refused to co-operate with Tesco</a>, as they mainly rely on estate agents for their business, and Tesco's DIY model excludes them altogether. </p> <p>Joe Slavin, CEO of fish4homes, said he was not aware that Tesco would be displaying DIY listings alongside their own:</p> <blockquote> <p> <em>"We thought it was going to be just another portal link. It was not clear [when we signed up] that they were going to have their own home sellers. It was supposed to be a classic white label partnership. Our agents win by getting traffic, they win by knowing who is in the market."</em> </p> </blockquote> <p>All of the properties listed on Tesco's property site at the moment are supplied by fish4homes, so the withdrawal of the listings may have quite an impact to begin with. </p> <p>However, in the longer term, who would bet against Tesco? Has fish4homes done the right thing by drawing a line and marking out Tesco as a competitor? Or, is this a dangerous / righteous ploy that may see Tesco redoubling its efforts to establish a real foothold in this nascent marketspace?</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Link URL="http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article2022559.ece" Window="New">The Times</Link> is reporting that <Link URL="http://www.fish4.co.uk/iad/homes" Window="New">fish4homes</Link> has pulled out of its contract with <Link URL="http://www.tescopropertymarket.com/" Window="New">tescopropertymarket.com</Link>. The move will initially damage Tesco's plans, as it would have expected to see many thousands of referrals from the fish4homes portal. </Paragraph> <Paragraph>Other online property portals have <Link URL="/blog/1435-tesco-moving-into-the-online-property-market" Window="New">already refused to co-operate with Tesco</Link>, as they mainly rely on estate agents for their business, and Tesco's DIY model excludes them altogether. </Paragraph> <Paragraph>Joe Slavin, CEO of fish4homes, said he was not aware that Tesco would be displaying DIY listings alongside their own:</Paragraph> <Block> <Paragraph> <Quote>"We thought it was going to be just another portal link. It was not clear [when we signed up] that they were going to have their own home sellers. It was supposed to be a classic white label partnership. Our agents win by getting traffic, they win by knowing who is in the market."</Quote> </Paragraph> </Block> <Paragraph>All of the properties listed on Tesco's property site at the moment are supplied by fish4homes, so the withdrawal of the listings may have quite an impact to begin with. </Paragraph> <Paragraph>However, in the longer term, who would bet against Tesco? Has fish4homes done the right thing by drawing a line and marking out Tesco as a competitor? Or, is this a dangerous / righteous ploy that may see Tesco redoubling its efforts to establish a real foothold in this nascent marketspace?</Paragraph> </FormattedContent> 2007-07-04T14:20:00+01:00 10 1 econsultancy_xml <p> <strong>A major estate agency partner has pulled out of Tesco's newly launched property website, concerned that Tesco's practice of listing private seller's homes for £199 conflicts with its own business.</strong>  </p> <p> <img alt="Tesco Property Market" src="http://farm2.static.flickr.com/1029/715087459_c68e8a8b77_o.jpg" /> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>A major estate agency partner has pulled out of Tesco's newly launched property website, concerned that Tesco's practice of listing private seller's homes for £199 conflicts with its own business.</Emphasis>  </Paragraph> <Paragraph Align="Center"> <Image AlternateText="Tesco Property Market" Source="http://farm2.static.flickr.com/1029/715087459_c68e8a8b77_o.jpg"> </Image> </Paragraph> </FormattedContent> false 1455 363720 Tesco's online property partner pulls out false 2007-07-04T17:21:00+01:00 tesco-s-online-property-partner-pulls-out 2009-04-30T05:12:02+01:00 2009-04-30T05:12:02+01:00 688