Over 60 estate agencies have signed up to attend the OnTheMarket Action Group seminar on Monday at which legal representatives will discuss issues connected with the portal.
Another 25 have expressed interest in being involved in a possible class action or ongoing campaign which may emerge from the event, being held at Haymarket in central London.
Each agency attending has paid £50 to cover the costs of the venue, and the event has been organised by training consultant and former Countrywide and Romans manager Iain White, who set up the informal action group last month.
“We’ve got agencies from across the UK attending so it’s a national campaign” says White, who anticipates the number may rise with additional attendees expected to contact him over the weekend.
The seminar’s aim, he says, is to explore legal options open to agents acting as a group, although any agreed course of action is unlikely to be made public after the event.
“In addition there are many other agencies involved in their own legal actions concerning their OnTheMarket contracts already. At this stage they’re not involved in any collective campaign as they are pursuing individual legal processes, so they’re not attending the Monday seminar. In time, some of them may join forces with this larger group” he says.
White believes there may be as many as 80 agencies either currently involved in some form of case-by-case contract renegotiation or legal dispute concerning OTM, or considering their own individual legal action.
White has again emphasised that the role of the group is not to recommend any agents to break their existing contacts with OTM.
Last weekend the action group set up its own website.