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Property Index admits to a period of change

01 July 2009
Written by rosalind renshaw

Property Index, the pay-per-lead property portal, is undergoing a period of ‘transition’, its chief executive has admitted.

Lee Bramzell said a number of changes were under way, including the possibility of putting sales staff on to commission-only pay. He said that a process of consultation was still going on.

It is believed that some of the staff who could be affected were formerly on the sales team made redundant at Rightmove.

Bramzell said he had also split the business into two – the overseas side, and the UK part of it. He also said there would be some kind of partnership, details of which have yet to be finalised, between Property Index and internet provider Byteplay.

Bramzell said: “To be frank, any business that has grown as rapidly as we have done will have to go through a period of consolidation and reflection.”

Property Index launched in the autumn of 2007 and, says Bramzell, has 9,000 agents signed up to its £1 per lead offering.

The site hit controversy earlier this year when it did a deal with eBay to provide agents’ listings.

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