Following the news last Friday that the 10,000th agency branch had committed to list on challenger portal, Homesearch, we were interested to hear from CEO Giles Ellwood about what it has been like to attempt to launch a new player in the market.

Homesearch launches for agents today. The public launch is on 15th July.

Ellwood wrote:

It’s just gone 11:37pm on Monday 29th June and we’re 24.4 hours away from showing estate agents what we’ve been deliriously working towards for the last 99 days.

In hindsight, we probably should have just said that we’re doing “it”, and not given a firm when.

But, if we’d developed in secret, or taken our time to get everything we wanted finished, we may have never found ourselves as far down the rabbit hole as we are today.

Pressure often does strange and wonderful things to people and businesses (I write as I wonder how many of our team are in as much need of a break as I am).

I’m writing this as an explanation as to where Homesearch is today as much as I am just to give myself a break from feed setups (I sincerely believe this is the lone reason so many challenger portals have failed. It makes you want to give up at times).

At the end of March we made a decision to build something that would give the members of the public a cleaner, more informed and less compromised search experience, and give agents a more cost effective way of marketing their stock and their services.

100 days later (a little overdue from our original goal of 25th May) we are baring all to the world (well, the estate agency world… and probably a few competitors).

What you’ll see from today is still very much a work in progress. It’s been rapidly designed and developed over the last 100 days.

This whole thing started with a letter to the industry and a pledge to try and make the property market a more informed and proactive place.

Have we achieved it? God no. Will we? With the industry’s help, we just might. Today is just the beginning.

If you use the site today, tomorrow, next week or next month you’ll notice some bits changing daily (like the number of instructions feeding in your area), while some glaringly obvious other missing links will take more time.

I want to say a big thank you to our team who have all worked literally day and night to try and pull this off.

Companies usually spend 90 days debating ideas, not actioning them hours after inception.

Our business, and we believe the industry, is all about progress.

If we can make small daily improvements to Homesearch then it’s our hope those marginal gains will transfer to your own business.

Our business, and we believe the industry, is all about progress.

If we can make small daily improvements to Homesearch then it’s our hope those marginal gains will transfer to your own business.

 

10,000th agency branch has committed to list with Homesearch