1,000 plus agent branches contracted to OnTheMarket since admission to AIM

March 14, 2018

OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, announced today that in the first 5 weeks since Admission to AIM (Alternative Investment Market), additional agent firms with more than 1,000 offices are now in listing agreements with it.

The total number of UK estate agency offices now covered by listing agreements with the Company is in excess of 6,500.

 Key to the Company’s new growth strategy is a substantial increase in the core customer base of estate and lettings agents, whose role in the property portals market is to provide the portal operators with both revenue and property listings content.

Ian Springett, Chief Executive Officer of OnTheMarket, said: “We are extremely pleased at the level of support we have experienced for an agent-backed challenger portal and at such a rapid and substantial increase in the number of signed-up estate agent offices in the first 5 weeks since Admission to AIM.

 “We believe that as we expand our sales team, we shall continue to sign up more and more new estate and lettings businesses up and down the country. We have already started to ramp up our marketing activity in line with the increase in our property stock and we are continuing to expand our sales, IT and marketing teams to support our new growth strategy.

“Our disruptive strategy to become a full-scale competitor to the market-leading portals with sustainable fair-pricing for agents has been overwhelmingly supported so far, giving us the ideal platform to build rapidly upon this early progress.”

Read the announcement 14th March 2018  in full click here.

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Renters’ Rights Act will be enforced from May 1st 2026

Lettings experts outline key changes landlords must prepare for Following the announcement that the Renters’ Rights Act will begin being implemented from May 1st, lettings and compliance experts at Beresfords Group are advising landlords to start preparing now for the most significant reform to the private rented sector in decades. The government has confirmed that…
Read More →
Estate Agent Talk

The Compliance Curve: Meeting Landlord Safety Standards Through Smart Heating Upgrades

In today’s rental market, compliance isn’t just about ticking boxes — it’s about protecting investments, safeguarding tenants, and staying ahead of fast-evolving regulations. For landlords across the UK, particularly those managing older housing stock, staying compliant has become a strategic exercise in property value preservation. Among the many areas demanding attention, heating systems stand out…
Read More →
Breaking News

Government confirms ban on no fault evictions to begin in May

The Government has confirmed that no fault evictions will officially end by May next year, marking one of the most significant reforms to the private rented sector in a generation. Under the updated Renters’ Rights Act timetable, Section 21 will be abolished from May 2026, with ministers pledging greater security for England’s 11 million private…
Read More →
Breaking News

Landlords must ‘act quickly’ after Renters Rights Act launch date is announced

A leading estate and lettings agent says that landlords must “act quickly” after the Government announced that the controversial Renters Rights Act will be implemented from May 1st next year. The changes, which include the end of Section 21 “no-fault” evictions, represent the biggest upheaval in the landlord and tenant sector in a generation. The…
Read More →
Estate Agent Talk

Landlord EICRs Compliance in 2026: EICR Rules, Costs & Risks — Interview with Ethem from Efficient Home Energy

With thousands of landlords approaching their next round of electrical safety renewals, 2026 is shaping up to be a crucial year for safety compliance. In this exclusive interview, Ethem, an electrical safety expert from Efficient Home Energy, breaks down the risks, the regulations and the practical steps landlords and letting agents must take to stay compliant and protect…
Read More →
Breaking News

Mortgage arrears and possessions Q3 2025

UK Finance today releases its latest mortgage arrears and possessions data for Q3 2025, while highlighting continuing lender support for any customers facing financial difficulty. Key Information  The number of homeowner mortgages in arrears fell by four per cent in Q3 2025 compared to the previous quarter. The number of buy-to-let (BTL) mortgages in arrears…
Read More →