Support for OnTheMarket.com rises beyond 7,000 estate and letting agent offices

Property website OnTheMarket.com is pleased to announce today that overall support is now in excess of 7,000 UK 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.

Since launch at the end of January 2015, the number of offices listing on the portal has increased by over 1,650 to more than 6,250.

Traffic has also continued to increase in April to reach a record level of 7.25 million visits (source: Google Analytics).

Says Ian Springett, CEO of OnTheMarket.com: “It will clearly take time for OnTheMarket.com to attract as much consumer traffic as the market-leading portals. However, our progress has been rapid: we had over 7.25 million visits in April, we are providing a growing volume of high quality enquiries to our agents and we are greatly encouraged by the feedback we receive from the overwhelming majority of our members and consumers alike – there is now a challenger agent-owned portal in the market to list and view properties on.

“As long ago as February 2015, the chief executive of Zoopla Property Group described us as ‘a short term event’.

“The number of agent offices listing at OnTheMarket.com has increased by over 1,650 since the end of January 2015. By contrast, according to its own trading statements (dated 12 February 2015 and 25 February 2016), the number of UK agent offices listing with Zoopla Property Group reduced from 12,902 to 12,841 between the end of January 2015 and the end of January 2016.

“It might be disappointing for some of our detractors but OnTheMarket.com is here to stay and, in spite of fierce competition, is growing steadily both in terms of consumer visits and agent support.

“We look forward to welcoming to the only agent-owned, agent-controlled portal more and more agents who seek to regain strategic control of their data and costs. The more agents who join OnTheMarket.com and the sooner they do so, the more powerful the portal will become in continuing to disrupt the duopoly and in providing a first-class alternative search service for consumers and agents alike.”

You May Also Enjoy

Breaking News

BREAKING PROPERTY NEWS – 28/06/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Renting to Students: TDS Poll Confirms Common Issues and Reasons for Disputes in Student Lets PRESS RELEASE: A recent poll by the Tenancy Deposit Scheme (TDS) asked agents and landlords about their experiences when renting to students. The TDS poll discovered common disagreements, the top causes of…
Read More
Budworth Hardcastle
Breaking News

Eddisons snap up Budworth Hardcastle for £1.8m

East Midlands based (in two separate locations) commercial property firm Budworth Hardcastle founded in the 1990’s with 18 staff members have been acquired by Eddisons. Budworth Hardcastle is a privately owned multi-disciplinary Chartered Surveying practice which is Regulated by The Royal Institution of Chartered Surveyors – Formerly Marriott Hardcastle and Budworth Brown prior to merging.…
Read More
Estate Agent Talk

How to Safely use Scaffolding Around the Home

If you have any work to be done around the outside of your home at a height you can’t easily reach, your first answer is to go for a ladder. But though they don’t look like a hazard, ladders are in fact very dangerous pieces of equipment responsible for many injuries that result in minor…
Read More
Breaking News

BREAKING PROPERTY NEWS – 27/06/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   On The Market: Housing market starts to rebalance as remarkable buyer and seller confidence prevails PRESS RELEASE: Our latest Property Sentiment Index shows confidence remained strong among serious buyers and sellers as supply and demand in the market has begun to show signs of rebalancing. –…
Read More
Breaking News

Johnny Cash’s California Home

Johnny Cash often sang about the hills and flowers and wide-open spaces, and he lived it too. In 1961, Johnny built a 4,500-square-foot home in rural Casitas Springs, California as his quiet place to escape from the rock ‘n roll lifestyle. A place he and his wife, Vivian, and their three daughters could enjoy family…
Read More
Estate Agent Talk

How do Estate Agents Need to Adapt Their Methods to Sell to Younger Generations?

The average real estate agent is 49 years old, while the median age of a prospective first-time homebuyer is 33. That’s a significant gap, and it highlights how a lot of agents may be out of touch with the best ways to connect with today’s property purchasers. The process of selling houses, apartments, and other…
Read More