OnTheMarket.com grows listing offices by more than 10% in 6 months

The number of estate and letting agent offices listing at OnTheMarket.com has grown 10 per cent during the first half of the year. (Jan – June)

At the beginning of January, more than 5,700 offices were listing on the website and at the end of June, the number had grown to more than 6,300 offices.

OnTheMarket.com has also grown its traffic considerably and throughout the month of June, the website achieved more than 8million visits (source: GA). This is an increase of nearly 100 per cent compared with June 2015, when 4.4million visits were achieved.

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: “Throughout 2016 the number of leads we provide to agents has increased, our traffic has grown and the number of agents listing on the website has risen by more than 10 per cent.

“Which other recent market entrant has achieved so much in such a short space of time?

“OnTheMarket continues to gain in strength as a major portal. Inconvenient as it may be for our detractors, we are here to stay. We continue to work towards creating the best portal for consumers and agents alike.”

OnTheMarket.com announced in May that it had the support of more than 7,000 estate and letting agent offices. This figure 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 – its next milestone.

You May Also Enjoy

Letting Agent Talk

Top 3 Best Places to Be a Landlord in the UK

These are the 3 best cities to be a landlord, according to landlords. Landlord Resource have analysed Zoopla data to identify the UK’s highest-yielding buy-to-let locations and share top tips to find the right rental area for a return on investment. The top 3 highest-yielding buy-to-let cities in the UK revealed: Rank City Average Monthly…
Read More
Breaking News

Landlords still backing buy-to-let

The latest research from London lettings and estate agent, Benham and Reeves, has revealed that more than half of landlords (50.6%) still believe residential property remains a good long-term investment despite increased regulation, with almost two-thirds (62.7%) intending to maintain their current portfolio over the next year. However, just 3.9% plan to expand, with landlord taxation…
Read More
labour party scam mansion tax
Breaking News

Labour to enforce entry to your home for Property Mansion Tax?

As Labour take a tighter control on UK citizens and further explore taxes to impose – The latest trending topic discussed is the suggestion that they wish to send officials out to homes they serve in order to value and impose the mansion tax. If the group of unprofessional leaders in charge couldn’t slip any…
Read More
small house bird box
Breaking News

Public Sentiment Favours Social Infrastructure Over Housing Resistance

Britain is more YIMBY than NIMBY, as social housing tops consumers’ housing policy priorities   More than two in five UK adults support new homes being built within three miles of where they live (43 per cent), nearly twice the proportion who oppose local development (22 per cent) Building social or affordable housing is the…
Read More
Breaking News

Homebuyers are Prioritising Wi-Fi Over Good Schools

One in four Brits would reject a home over potential slow broadband Almost half (45%) of recent and prospective home movers rank broadband among their considerations when choosing a home, much more so than local schools (26%) Over 1 in 3 (37%) don’t feel settled into a new home until their Wi-Fi is working. Of…
Read More
Letting Agent Talk

Landlord returns reach almost 7% in some areas

Landlord returns reach almost 7% in strongest rental markets, but protecting those returns is just as important as generating them   The latest analysis by The Letting Partnership has revealed that rental yields are reaching almost 7% in England’s strongest-performing markets, but the firm has warned landlords that generating a healthy return is only half the equation,…
Read More