An increase of more than 6000 branches in less than 9 months for OnTheMarket.com
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, is pleased to announce that, as at 30 October, it has listing agreements with UK estate and letting agents with more than 11,500 branches. This increase of more than 6,000 branches since Admission to AIM in February has been achieved in less than nine months.
OnTheMarket recently announced that Belvoir Lettings PLC, the UK’s largest property franchise, had agreed to advertise all of its Group’s UK residential sales and lettings properties at OnTheMarket.com, and will be actively promoting the portal brand with digital and branch-based marketing activity.
Ian Springett, Chief Executive Officer of OnTheMarket, said:
“Our first stage of growth has been focussed on rapidly expanding our agent base and we are pleased that the latest increase to 11,500 offices highlights the strength of agent support for an agent-backed portal. With a scalable portal, strong funding and a progressive ramping-up of marketing activity, growth since IPO has accelerated and momentum is continuing. This gives us confidence as we look to the coming months.”
Read the OnTheMarket.com news announcement 1st November 2018 in full click here.