Posts Tagged ‘OTM’
OnTheMarket now has listing agreements with over 8,000 agent branches
OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, recently announced that as of 11 May it has signed listing agreements with UK estate and letting agents with more than 8,000 offices. This increase of over 2,500 branches since Admission on 9 February represents growth of over 45% in just over 3 months.…
Read MoreOTM founder member signs long term listings agreement with ZPG
ZPG Plc which owns and operates some of the UK’s leading digital property platforms including Zoopla, PrimeLocation, Property Software Group and Hometrack, today announces that one of the OTM founder members, Douglas & Gordon, has signed a new long term listings agreement with ZPG. Douglas & Gordon, which operates 18 offices across London, will now…
Read MoreAgents returning to Zoopla
A recent news release from Zoopla Property Group says ZPG sees record levels of agents returning with over 40 branches returning from OTM in first half of October alone. Mark Goddard, Managing Director, ZPG Property Services, “Agents now firmly grasp the ZPG value proposition and cannot afford to be at a competitive disadvantage, using services…
Read MoreUBS… Zoopla downgraded
According to London ShareCast News – UBS has downgraded Zoopla to a ‘neutral’ recommendation from ‘buy’ due to continued competetive pressures from rival OnTheMarket, but left Rightmove at ‘buy’. UBS said its Evidence Lab research team had unearthed data on the UK property portal marketplace that indicated estate agency collective OnTheMarket had continued its momentum…
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