Estate Agent Today can exclusively reveal that allAgents has secured what is described as a six figure sum of new investment, which will involve an expansion of the site including the recruitment of 40 new staff.
allAgents describes itself as an independent directory and review site allowing consumers to search for and write reviews about estate and letting agents in the UK. It carries reviews of agents, operates a performance league table based on those reviews, and gives agents the right of reply online in the event of complaints.
Now Vincent Friel, director of Glasgow and Edinburgh letting agency and property management firm 1-2-Let, says he is injecting a six figure sum into allAgents - which already operates from Friel's business centre - and will become one of its directors.
This is an excellent opportunity for me to play an active role in developing the business in order to achieve its objective of becoming the UK's number one provider of vendor & landlord leads says Friel.
allAgents spokesman Martin McKenzie has told EAT that the site is now looking to recruit 40 new staff within the next six months and that it has embarked initially on a recruitment drive for in-house web developers.
allAgents also claims that it has been approached directly by both Rightmove and Zoopla - although it would not reveal what the approaches concerned.