‘OnTheMarket.com has the potential to become Britain’s leading portal’, says MD of Glentree Estates.

Trevor Abrahmsohn, Managing Director of Glentree Estates and a Non-Executive Director of Agents’ Mutual, comments on the growth of OnTheMarket.com as the portal marks its first birthday:

As a founding member of OnTheMarket.com, I have watched it grow from just an idea into what it is today – a powerful player which has injected the portals market with a force for the good of Britain’s estate agent industry.

What’s more, I believe it has the potential to pull the rug from under the incumbent Goliaths and become Britain’s leading portal. I heard several people say OnTheMarket.com would never get off the ground, well clearly it did! And since launch, I’ve heard the same people say it will fizzle out before its first birthday, but of course it didn’t. No one should be in any doubt that OnTheMarket.com is here to stay.

The portal already carries hundreds of thousands of properties for sale or to rent and many firms have expressed their intention to join when the portal gains the support of 7,500 offices. Our members – and myself included – share a deep and passionate commitment to ensure our portal continues to build on its outstanding performance. This will allow us to finally regain control of our property data and provide us with a clearer vision of our industry’s future.

Ian Springett and his team have delivered a fantastic website which displays properties in the best possible light without irritating clutter – which is exactly what consumers want – and the portal is providing its members with high quality leads. At just one year old, OnTheMarket.com has achieved impressive levels of traffic. And in time, more and more consumers will come to realise that many properties are advertised exclusively there first, often 24 to 48 hours before they can be seen on any other portal.

You May Also Enjoy

Who are Rentd
Letting Agent Talk

Renters (Reform) Bill Dropped – Thoughts from the Industry

The Renters (Reform) Bill has been dropped as a result of the general election being called. Here are some thoughts from within the property industry. Ben Beadle, Chief Executive of the National Residential Landlords Association: “It is hugely disappointing that this Bill will not now make it into law. The news comes despite the fact that…
Read More
Estate Agent Talk

July 4 General Election – Thoughts from the Industry

Prime Minister, Rishi Sunak has called a general election for July 4, 2024, citing now being the time for the people of Britain to choose the next government. Here are some thoughts from within the property industry. Tim Bannister, Rightmove’s property expert: “A look back at recent elections shows that house prices and activity usually…
Read More
Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker

Matt Smith, Rightmove’s mortgage expert said: “Today’s inflation drop feels like an important milestone on the road to the first Base Rate cut. There’s been some to-ing and fro-ing over whether we’ll see a summer Base Rate cut, but today’s news will likely reinforce some of the positive words coming from the Bank of England…
Read More
Estate Agent Talk

Rayner right to be ambitious on housebuilding

At UKREiiF, Angela Rayner, Shadow Housing Secretary made several commitments to help solve the UK’s housing crisis including new towns, greater numbers of affordable housing, a return of housing targets and a clear design code criteria. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “Although election season is the time for…
Read More
Breaking News

Comment on Land Registry’s House Price Index showing an annual rise of 1.8%

Commenting on Land Registry’s UK House Price Index showing an annual rise of 1.8%, Daniel Austin, CEO and co-founder at ASK Partners, said: “The property sector is recovering. Rent values have seen sustained growth, positioning real estate as reasonably valued in comparison to gilts and presenting growth potential. In the realm of commercial real estate,…
Read More
Breaking News

Breaking Property News – 22/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Sunak calls General election for 4th July 2024 – American Independece Day Many pundits feel that post the General election Rishi Sunak will fly off to Silicon Valley, so maybe holding the General election on American Independence Day is no coincidence! The real carnage…
Read More