OnTheMarket responds to Zoopla. Ian Springett says… …
May 21, 2015
Ian Springett, Chief Executive of OnTheMarket.com, said:
“OnTheMarket.com has now clearly established itself as a serious player within the property portals market.
“Since our launch four months ago OnTheMarket.com has already taken almost one quarter of the estate and letting agent members from Zoopla Property Group. Less than 10% of OnTheMarket.com’s member firms are using Zoopla as their other portal.
“In just one week this month, over one million visits were recorded across OnTheMarket.com and its iPhone and Android apps. The traffic is made-up of impressive levels of new and returning visitors. Every month since launch our membership, our traffic figures and our property listings have increased. What’s more, last week OnTheMarket.com registered a record number of leads passed to member agents.
“In addition, OnTheMarket.com has already overtaken Zoopla in many areas across the UK with its number of property listings, meanwhile new member agents joining OnTheMarket.com continue to rise week on week.
“It is becoming increasingly known within the industry that OnTheMarket.com has gained a reputation for providing its member agents with quality leads from active property-seekers as opposed to casual surfers. This is reinforced by its exclusive property listings which are uploaded to OnTheMarket.com ahead of any other portal. This means OnTheMarket.com has become a ‘must-view’ website for serious property-seekers.
“According to Zoopla’s 2014 annual report, its recorded visits in 2009 reached two million per month so OnTheMarket.com‘s 3.5 million visits in just its third full month was a tremendous achievement.
“Zoopla should be in no doubt: OnTheMarket.com is here to stay and we remain confident in becoming the number two portal by the end of January 2016 on our way to achieving our medium term objective of challenging the market leader.”
You May Also Enjoy
Is it finally time for lenders to back green homes?
Andrew Smith weighs the risks and rewards Property developers are increasingly pitching green homes to lenders; however, with sales cycles slowing down and repair costs rising, is now the right time to back sustainable builds and at what price point is there market demand? Sustainability is continuing to shape our future of construction with the…
Read More 
UK Housebuilding Falters as Construction Hiring Flatlines
New research from Inventory Base reveals that UK construction industry employment has increased by almost 11% in the past five years, but there has been less than 1% growth in the past 12 months. Inventory Base’s analysis of the UK construction industry shows that in 2024 (latest data available) it employed an estimated total of…
Read More 
Making Small Office Spaces Feel Much Larger
Small offices can often seem tight, making it hard for employees to work comfortably. Not enough space may lower mood and affect how well people do their jobs. Good design choices, though, help any small workspace feel bigger, brighter, and easy to move around in. How a space is perceived can often influence comfort and…
Read More 
£2.7bn in Development Opportunities Across England
The latest research by specialist property finance lender, West One Loans, has shown that there are currently £2.7 billion worth of development opportunities in the current market, with the South West home to the highest proportion of potential plots available for developers to capitalise on. West One Loans analysed current land, plot, and site listings…
Read More 
Stabilising the property market ahead of Autumn Budget
As she prepares the October Budget, Daniel Austin, CEO and co-founder at ASK Partners writes this letter to urge the Chancellor to take decisive action now to stabilise the property market and build long-term economic resilience. Despite cautious optimism around initiatives such as Help to Buy and planning reform, the market remains stagnant amid persistent…
Read More 
Fresh water property hotspots outperforming wider market
Fresh water property hotspots see house prices climb at almost three times the national average The latest research from leading estate agent Yopa has found that house prices in areas surrounding the UK’s lakes, lochs, and reservoirs have grown at nearly three times the national average over the last year, with the annual rate of…
Read More