July 2016 marks twelfth consecutive month of growth for OnTheMarket.com and a 17% increase year on year

September 1, 2016

Property website OnTheMarket.com today reports that the number of estate and letting agent offices listing on the website has grown every month since the start of August, 2015.

July 2016 marked the portal’s twelfth consecutive month of growth.

OnTheMarket.com – which is now just over 18 months old – had more than 6,400 listing offices at the end of July, 2016 – an increase of almost 1,000 offices year on year. This equates to an increase of 17 per cent.

Several multi-branch agents have chosen to list with OnTheMarket.com since the beginning of the year.

These have included Nottingham Estate Agency and Harrison Murray which have a total of 37 branches; eight branch firm Arnolds Keys which has offices in Norwich, Norfolk and North Suffolk; Watsons, estate agents and chartered surveyors covering East Anglia; Jeffries, a seven branch firm in South East Hampshire; Goadsby, a 25-branch firm with offices across Dorset, Hampshire and Wiltshire; and Meller Braggins, a five branch firm in Cheshire.

Ian Springett, Chief Executive of OnTheMarket.com, said: “OnTheMarket.com has grown considerably over the last year by almost 1,000 offices. And between January and June, the number of listing offices grew by 10 per cent. As irritating as this is to our detractors, we enter the autumn stronger than ever, determined to work towards creating the best portal for consumers and agents alike.

“Many agents advertising at OnTheMarket.com are launching their new-to-market properties exclusively at OnTheMarket.com first: 24 hours or more ahead of any other portal, which is a strong and compelling reason for consumers to visit the website.

“We announced in May that OnTheMarket.com had the support of 7,000 estate and letting agent offices. This figure – which continues to grow – includes offices which are contracted and those which are covered by Letters of Intent to join Agents’ Mutual and to list at OnTheMarket.com when overall support exceeds 7,500 offices – our next milestone.”

You May Also Enjoy

LIVING BY THE SEASIDE 2022
Overseas Property

Brits continue to chase Spanish sunshine

The latest data insight from Enness Global has revealed that British interest in buying property in Spain continues to strengthen, despite growing political pressure from the Spanish government to restrict overseas buyers and curb foreign investment in the housing market. Enness Global analysed Google search trend data across the UK, tracking search activity related to…
Read More →
Breaking News

Property finance expert reveals the five renovations that could devalue your home

Expert warns that not all home improvements add value Over-personalisation is one of the biggest risks Renovation mistakes could shave THOUSANDS off final sale price Homeowners can spend tens-of-thousands of pounds on renovating their home, but not always make that back on the sale price. In some cases, renovations can seriously reduce a property’s appeal…
Read More →
Estate Agent Talk

Urban housing mix forces estate agents to work harder

The latest market analysis from eXp UK has revealed that estate agents operating in more urban, built-up markets are often required to work significantly harder to generate comparable earnings, due to the dominance of flats within city housing stock and the far lower commission secured per sale when compared to detached homes. eXp UK analysed…
Read More →
Breaking News

Property compliance experts urge landlords not to ignore major tenancy changes under Renters’ Rights Act

Beresfords property group highlights key actions landlords must take as new tenancy rules, enforcement powers and energy standards approach. UK landlords are being warned not to overlook major changes to tenancy agreements and compliance requirements, as the Government moves closer to implementing the Renters’ Rights Act 2025. Following the publication of draft secondary legislation, the…
Read More →
Breaking News

Nationwide becoming first lender to allow mortgage deeds to be signed digitally

Mary-Lou Press, President of NAEA Propertymark (National Association of Estate Agents), comments: “The conveyancing process remains one of the most common sources of frustration for buyers and sellers, with more than 30 per cent of housing transactions taking over 17 weeks to complete on average. These prolonged timescales only serve to increase pressure and uncertainty…
Read More →
Breaking News

Fruitful year ahead for aspiring first-time buyers

First-time buyers and those with little equity to refinance will find greater mortgage choice. During January, there was an uplift in higher LTV deals, with 90% LTV options at a record-high, plus a boost to 95% LTV deals, which are at their highest count since March 2008. The electronic monitoring of LTV choice at Moneyfacts…
Read More →