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TODAY'S OTHER NEWS

Portal Boost - OnTheMarket figures show further improvement

OnTheMarket, which is holding its shareholders’ annual general meeting today, says early figures show the success of initiatives introduced by chief executive Jason Tebb.

In a statement this morning it says that as of June 30, total advertisers had grown to 13,289, an increase of 4.5 per cent from January 31, principally due to an increase in agency branches listing, up 4.9 per cent to 11,169.

Visits to the portal last month - June - were the second highest achieved by the company, at 28 million.

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Throughout June, the portal generated more than 1.8 million leads - an average of 137 per advertiser.

This was an increase of 5.4 per cent from the average of 130 leads per advertiser per month for the six months ended January 31, a period that benefitted from the intense market activity following the lifting of restrictions in May last year.

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    OTM are really showing the way if all agents joined then nobody would need any other portal.

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