Archive

By Simon Shinerock At the time of writing, Rightmove had a market capitalisation of just under £4 billion, down almost 15% on...

Leading portal OnTheMarket has announced this morning that Clive Beattie has resigned as Chief Financial Officer 'to pursue another opportunity'. According to a...

A former chief executive of OnTheMarket is now able to cash in shares worth some £92,000 in the latest part of...

OnTheMarket has revamped its website in a bid to shed the final connections with the portal’s failed leadership and strategy of...

A long-standing critic of OnTheMarket, who was once excluded from a presentation by the portal’s leadership, has spoken enthusiastically of the...

OnTheMarket has handed out more shares to agencies signing long-term agreements with the portal. It was almost three years ago that OTM, then...

There’s been a surprise appointment as OnTheMarket chief executive. Instead of popular acting CEO Clive Beattie - who had made it known...

OnTheMarket has confirmed it is “considering” making redundancies - the second of the large portals to be in this position. Rumours have been...

OnTheMarket says it still aims to be the number one portal, but the acting chief executive has revealed a far more...

OnTheMarket says in a trading statement this morning that as of May 31 only some 9,000 branches were on paying contracts...

OnTheMarket is to issue its annual figures next Thursday, June 11. The report only covers the portal company’s financial year which ended...

The founder of OnTheMarket has revealed why the portal floated on the stock market and why Ian Springett was the right...

The acting chief executive of OnTheMarket says the Coronavirus crisis could indirectly create a catalyst for change in the portals marketplace. Clive...

There’s been widespread outrage amongst agents at Rightmove’s offer to allow some agents a deferred payment scheme operating for just three...

The current market crisis caused by Coronavirus should present OnTheMarket with an opportunity to pause its existing strategy, talk to agents...

Prominent agency industry analyst Anthony Codling is asking agents whether the board of OnTheMarket did the right thing by firing Ian...

OnTheMarket is not responding to requests to reveal details of any pay-off for its chief executive Ian Springett, who was sacked...

OnTheMarket has announced this morning that it has given notice to its chief executive, Ian Springett, with immediate effect. The troubled portal's...

OnTheMarket claims its visitor total last month exceeded 30m, a new monthly record and an increase of some 28 per cent...

OnTheMarket has started 2020 as it ended 2019 - with an attack on Rightmove via an agency which urges others to...

The Great Debate over the charges levied on agents by portals and the huge profits that Rightmove and Zoopla make has...

OnTheMarket has this morning posted its latest results to the stock market. The portal reports that 2,346 branches had converted to full-paying...

Property portal OnTheMarket has thrown down the challenge to Rightmove by launching two new features for its listing agents. The first, Market...

A trading statement from OnTheMarket reveals that fewer agents than anticipated have so far converted from free or discounted deals to...

OnTheMarket says it will not increase listing charges in 2020 for any agents currently paying full fees, while agencies which list on only...

A note sent out by OnTheMarket chief executive Ian Springett has suggested that the way estate agents work may directly lead...

OnTheMarket chief executive Ian Springett says rival portals may want to “interfere” with his aim of converting agency members from free...

Figures released from OnTheMarket this morning suggest that its conversion programme for agents shifting from free deals to paid membership is...

OnTheMarket has revealed several agents have signed up to the portal on long-term contracts and stopped listing properties on Rightmove. The agencies...

OnTheMarket has applied to the London Stock Exchange for the release of over 528,000 new shares to agents who have signed...

OnTheMarket says high take up for its alert service demonstrates that it’s closing the gap on Rightmove. The challenger portal says that...

OnTheMarket has applied to the London Stock Exchange for the release of shares to agents signing long term deals with the...

Many estate and letting agents are receiving more leads through OnTheMarket than through Rightmove, the challenger portal claims - and it...

OnTheMarket says one of its key aims for 2019 is to match Rightmove’s product offer to agents. “We’re looking to match Rightmove’s...

OnTheMarket says it now has listings agreements with more than 12,500 estate and lettings agency branches. In a statement to shareholders and...

Kit Malthouse has been making headlines this week, but – in keeping with his tenure as Housing Minister so far -...

There’s nothing new about identifying 10 figures who have helped shape an industry over the past year, but that doesn’t mean...

East Midlands estate and lettings agency Jackson Grundy has signed up to OnTheMarket. The firm, with its Northampton headquarters, has 10 sales...

OnTheMarket chief executive Ian Springett has told an agents’ conference of the strategy for his service - including a prediction that...

Given that online property portals, dominated by a handful of websites, are by far the most popular home search method, it...

OnTheMarket has this morning announced that it now has signed listing agreements with more than 11,000 estate agency offices - over...

OnTheMarket today launches a new TV advertising campaign which aims to highlight its 'New & Exclusive' marketing feature. Agents listing with the...

OnTheMarket has seen another increase in listings to more than 10,500 offices, but it is repeating a warning that its free...

It was interesting to see the recent story on Estate Agent Today about OnTheMarket (OTM) raising its fees after signing up...

As you probably know, I have been no fan of OnTheMarket (OTM) over the years. You may see this admission as...

Another update from OnTheMarket this morning claims the portal is now listing over 550,000 UK residential property listings, in excess of...

OnTheMarket now has listing agreements with over 9,000 estate agency branches - that's another 500 or so since its previous release...

OnTheMarket has announced to the City and its shareholders that it’s to reveal its annual results tomorrow - the first such...

Property portal OnTheMarket has announced that it now has listing agreements with over 8,500 estate and letting agency branches.  It says that...

An online question-and-answer article with OnTheMarket chief executive Ian Springett has suggested that its focus of criticism may be shifting from...

OnTheMarket has this morning issued a statement claiming that its portal traffic reached circa 12m visits during March - more than...

OnTheMarket says estate agencies with some 1,000 offices have joined the portal in the five weeks since it floated on the...

OnTheMarket has told the City this morning that it has already signed up 81 new listing agreements by 5pm yesterday, completing...

OnTheMarket’s share price fell just over five per cent yesterday, continuing its troubled launch on to the London stock exchange. It...

OnTheMarket has finally completed its stock market float, with less capital raised, at a lower than planned valuation and, as I write,...

All eyes are on Agents’ Mutual’s first day of trading on the London stock exchange - just over five years after...

Whatever else you say about OnTheMarket, you can’t say it’s not consistent, consistent in treating its core membership shabbily.  We already know...

Analysts have given a frosty reception to the announcement by Agents’ Mutual that it is going to float shares priced at...

Both Purplebricks and OnTheMarket are keeping their powder dry on speculation that that hybrid agency is going to list on the...

Yesterday morning OnTheMarket confirmed its IPO plans but with no firm date. The question remains on whether the float will be...

The fact is that most house hunters simply do not have the time, let alone the inclination, to trawl around properties...

Agents’ Mutual’s flotation will definitely go ahead following a meeting of the High Court today, at which the appropriate processes behind...

Let’s be honest - few people saw this coming. The 89 to 11 per cent majority amongst Agents’ Mutual members for...

The growing anger of some OnTheMarket member agents about the portal’s parent company proposal to float on the London Stock Exchange...

Before we go any further, assuming you are an Agents’ Mutual member, let me ask you a question. If you had...

Humberts, a member of Agents’ Mutual, is today launching an online-only option and claims it can list online-only properties on OnTheMarket. Such...

No one can say Agents’ Mutual has failed to provoke debate within the industry. The project was the centre of fierce argument...

After my article last week predicting that Agents’ Mutual would likely seek to raise external capital, including possibly on the public markets,...

  The first two meetings in a roadshow which OnTheMarket has organised for local member agents take place today - another 18...

There has been a sceptical reception from City analysts to Agents’ Mutual’s decision to restructure and float on the stock market...

I hate to be the guy to say ‘I told you so’…but I told you so! It seems that my predictions...

Agents’ Mutual has confirmed that it proposes to form a new company, OnTheMarket plc, to list on the AIM market of...

Agents’ Mutual (oops, that name might need to change…read on) has been touting its recent legal victory and is about to...

OnTheMarket is this month holding 20 meetings for member agents to explain “progress and plans” for the portal.   The meetings - sometimes...

The Connells-owned agency Gascoigne Halman is to make a costs payment of £1.24m within 14 days to Agents’ Mutual - but...

Agents’ Mutual says it will be seeking to recover costs and compensation for losses incurred after what is widely seen as...

OnTheMarket is to advertise across 40 channels this month, in the build up to its second anniversary at the end of January. The...

Zoopla and OnTheMarket have given their first reactions to Rightmove's portal juggling extension of its property re-listing deadline from two weeks to...

OnTheMarket is now listing UK commercial properties to rent and for sale.  The portal says this is “closely aligned with its UK residential search...

OnTheMarket says it provided “a record number of leads” to its agent members in September - but is not disclosing how...

OnTheMarket has announced that it now has more than 6,400 estate and letting agency offices listing on its site - a...

Over 50 estate agents in the rebel OnTheMarket Action Group have released details of a letter sent to the portal’s parent...

With more house-hunters than ever now starting their search for a new home by typically looking online on one of the major...

OnTheMarket says it now has the support of over 7,000 estate and letting agency offices. This includes those formally contracted now and...

A London agent says he has quit OnTheMarket and Agents’ Mutual as a result of the intervention of the Competitions and Markets...

Beleaguered challenger portal OnTheMarket has recruited the 25-branch south of England agency Goadsby and says this takes its total of sales...

By accident or design, the PR machine at OnTheMarket was beefed up last week.  Just as well. With the portal still reeling...

One of the directors of Agents’ Mutual, parent body of portal OnTheMarket, has told Estate Agent Today that his firm does...

OnTheMarket chief executive Ian Springett has sent an email to member agents following articles about alleged legal challenges to the portal...

OnTheMarket chief executive Ian Springett has sent an email to member agents following articles about alleged legal challenges to the portal...

Some estate agents who received a letter from lawyers acting on behalf of Agents’ Mutual say they will still not upload...

An online estate agent who a year ago predicted that OnTheMarket would not survive for 12 months has issued a statement...

The Nottingham and Harrison Murray estate agencies - both owned by the Nottingham Building Society - have announced they are to join...

The founder and co-owner of hybrid estate agency EweMove has written to the chief executive of the OnTheMarket portal, lavishly praising...

There’s been plenty of forecasting in recent weeks - banks, consultancies and high-end estate agents have predicted house prices in the...

Some agents are being offered the opportunity to list with OnTheMarket for free now if they sign a Letter of Intent...

OnTheMarket - stung by recent lukewarm assessments of its track record - has repeated its faith in letters of intent from...

OnTheMartket (OTM) recently wrote to its membership saying how well its doing, how membership has increased beyond expectations and how it...

After a week of criticism from some parts of the industry, OnTheMarket has released a series of testimonials from agents who say...

Fierce debate continues over an open letter sent by a top consultant to OnTheMarket at the end of last week, accusing...