The chief executive and founder of Zoopla says he understands why agents have set up OnTheMarket but he describes the only-one-other-portal policy as “irrational” promoted by those “who think they can put the internet back in its box.”
UK house prices increased by 0.4% in December to 8.3% year-on-year (4.5% in 2013) but the rate of growth has plateaued and is set to slow in 2015, according to Hometrack’s latest UK Cities House Price Index.
Carphone Warehouse founder Sir Charles Dunstone, together with his business partner Roger Taylor, has made a “substantial investment” in online estate agent HouseSimple.
Watch the latest weekly video roundup of news from Estate Agent Today and Letting Agent Today, featuring stories on Zoopla's reaction to OnTheMarket, a falling out between Countrywide and Spicerhaart and a campaign against Shelter's lettings proposals launched by the chairman of Choices.
Countrywide is writing to vendors of rival agency group Spicerhaart who received touting letters trying to exploit the confusion over OnTheMarket.
Colin Shairp, who runs the Fine & Country Southern Hampshire and Town & Country Southern agencies, is not joining OnTheMarket and he’s written to clients to explain why.
With just days to go before the launch of OnTheMarket, Zoopla has followed in the footsteps of Rightmove by issuing an upbeat report on its popularity with users.
House prices across the UK rose eight per cent to an average of £205,150 in the past year - and the position of first time buyers has improved significantly.