The directors of Agents’ Mutual say they have “every confidence” in OnTheMarket as the portal approaches its first anniversary on January 26.
Agents’ Mutual says there will be what it calls “a series of comments from the directors” in the build up to the anniversary - the first has come from Noel Flint of Knight Frank, who was a prominent cheerleader of the portal on Twitter in its first few months of operation.
In a statement released over the weekend he said the Rightmove-Zoopla dominance of portals had become “staid” and he reiterated his belief that OnTheMarket would grow.
He says OTM is providing Knight Frank’s offices with high-quality leads and their volume was steadily growing. “Our clients like the portal and I don't believe we are experiencing any loss of business” he says.
Flint - a partner and Head of London Residential at Knight Frank - is a non-executive director of Agents’ Mutual, the parent company of OTM. Other firms on the board are Chestertons, Douglas & Gordon, Glentree, Kinleigh Folkard & Hayward, Savills, Strutt & Parker and Spicerhaart.
“OnTheMarket has already caused a significant sea-change within the portals market in a way that no other recent market entrant has done” explains Flint.
“[OTM chief executive] Ian Springett's team has delivered a fast and beautifully designed website for consumers where house-hunting is now a pleasure and where there are many new and exclusive properties” he continues, describing the portal as “a 'must-view' destination for serious property-seekers.”
His statement does not include any figures but claims that OTM is providing his agency with high quality leads “and we have seen their volume steadily growing.”
His comments conclude with: ”As more agents recognise the strategic importance of regaining control of their data and costs and as they see the strategic opportunity to serve their clients and property-seekers better with their own portal, we believe that OnTheMarket will go from strength to strength.”