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OnTheMarket reaches more than 11,500 agency branches

Thu, 01st Nov 2018 09:07

(Sharecast News) - Property portal operator OnTheMarket announced on Thursday that, as at 30 October, it had listing agreements with UK estate and letting agents with more than 11,500 branches.The AIM-traded firm said that increase of more than 6,000 branches since its admission to AIM in February was achieved in less than nine months.It recently announced that Belvoir Lettings, the UK's largest property franchise, had agreed to advertise all of its UK residential sales and lettings properties at OnTheMarket.com, and would be actively promoting the portal brand with digital and branch-based marketing activity."Our first stage of growth has been focussed on rapidly expanding our agent base and we are pleased that the latest increase to 11,500 offices highlights the strength of agent support for an agent-backed portal," said OnTheMarket chief executive officer Ian Springett."With a scalable portal, strong funding and a progressive ramping-up of marketing activity, growth since IPO has accelerated and momentum is continuing."This gives us confidence as we look to the coming months."The company's board said new agents supporting OnTheMarket since admission had ranged from Belvoir, with more than 300 offices, to thousands of small, independent one-to-three office agent firms.Nearly 20 estate and letting agent firms with seven or more branches had signed up to list all their properties at OnTheMarket.com and promote the brand since the company's IPO.Those firms included Kings Group, Richard James, Anthony Martin Estate Agents, Merryweathers, James Pendleton, Howkins & Harrison, Robert Oulsnam & Company, Pattinson, Millerson, H&H Land & Property, Fine & Country Midlands, Townends, Leftmove Estate Agents, Andrews, The Property Centre, Beals and Bidmead Cook.OnTheMarket announced on 2 October that comparing September's performance with February's, ot had doubled contracted agent offices to more than 11,000, trebled monthly visit traffic to more than 17.4 million visits and quadrupled email and telephone leads to agents.The growth in OnTheMarket's agency branch base to date had been predominantly from offering free listings under short-term introductory trial offers, with a view to converting those to full tariff contracts when the value of its offering had been demonstrated.It said its sales team was continuing to see "encouragingly high levels" of agent support, and conversion to signed contracts when it presented the opportunity of listing on an agent-backed portal.
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5 May 2023 10:24

OnTheMarket agrees deal to provide TecLet platform to Arun Estates

(Alliance News) - OnTheMarket PLC on Friday said it signed an agreement with estate agent Arun Estates Ltd for Arun to use OnTheMarket Software's TecLet platform across its entire lettings business.

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16 Feb 2023 12:25

IN BRIEF: OnTheMarket director and agent shareholders sell 4% stake

OnTheMarket PLC - Aldershot, Hampshire-based property listing website - Shareholders including Product & Technology Director Morgan Ross sell a total of 3.1 million shares, a 4.1% stake, at 76 pence per share, worth GBP2.4 million, on Thursday. Ross's sale of 1.2 million shares follows his exercise of options for 1.4 million new shares. The other sellers are estate agents who list on the site. Their sale follows the end of a five-year lock-in agreement put in place at the time of OnTheMarket's listing on AIM in 2018. The share placing is conducted as an accelerated bookbuild by Zeus Capital Ltd and Shore Capital Stockbrokers Ltd.

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25 Jan 2023 14:41

TRADING UPDATES: OnTheMarket expects annual revenue and profit to rise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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25 Jan 2023 09:58

OnTheMarket on track after 'strong' year

(Sharecast News) - Annual profits at OnTheMarket are on course to meet expectations, the property portal said on Wednesday, after it saw strong growth during the year.

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24 Jan 2023 11:37

OnTheMarket hires Brand Architekts CFO Tom Carter as new finance chief

(Alliance News) - OnTheMarket PLC on Tuesday said it hired Brand Architekts Group PLC's Tom Carter as chief financial officer.

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24 Jan 2023 07:16

OnTheMarket appoints Tom Carter as CFO

(Sharecast News) - OnTheMarket said on Tuesday that it has appointed Tom Carter as its new chief financial officer.

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13 Oct 2022 14:57

TRADING UPDATES: BiON to trade only for a few days; Hardide optimistic

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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13 Oct 2022 14:35

TRADING UPDATES: Boku partners with DAZN; Immotion signs two contracts

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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13 Oct 2022 07:50

LONDON BRIEFING: Entain looks to World Cup; easyJet revenue improves

(Alliance News) - Stocks in London were called lower on Thursday as investors look ahead to an afternoon which may deliver the final nail in the coffin for hopes of a dovish tilt by the US Federal Reserve.

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13 Oct 2022 07:22

OnTheMarket renews several agent contracts, signs up Lomond Group

(Sharecast News) - Property marketing portal operator OnTheMarket announced the renewal of contracts with a number of existing customers on Thursday, as well as the signing of an agreement with Lomond Group.

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1 Aug 2022 14:08

IN BRIEF: OnTheMarket says CFO resigns to "pursue another opportunity"

OnTheMarket PLC - Aldershot, England-based property search portal operator - Says Clive Beattie has resigned as chief financial officer to "pursue another opportunity". OnTheMarket says Beattie will remain with the company as CFO and board director until January 27 next year to ensure an orderly handover. Beattie joined the business in March 2017, having spent 12 years working in investment banking with UBS prior to working at security technology business ThurVision for six years.

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26 Jul 2022 14:52

TRADING UPDATES: Brighton Pier revenue up; MyHealthChecked on Amazon

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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19 Jul 2022 15:57

UK shareholder meetings calendar - next 7 days

Wednesday 20 July 
ADM Energy PLC AGM
Alkemy Capital Investments PLCAGM
DeepVerge PLCAGM
easyJet PLCGM re purchase of 56 Airbus A320neo family aircraft & conversion of 18 A320neo family aircraft
Fidelity China Special Situations PLCAGM
HarbourVest Global Private Equity LtdAGM
HICL Infrastructure PLCAGM
Novacyt SAAGM 
Plaza Centers NVAGM
Premier Foods PLCAGM
Royal Mail PLCAGM
Triad Group PLCAGM
Wynnstay Properties PLCAGM & GM re share buyback
Thursday 21 July  
Big Yellow Group PLCAGM
Evgen Pharma PLCAGM
Experian PLCAGM
Halma PLCAGM
Intermediate Capital Group PLCAGM
Johnson Matthey PLCAGM
Octopus AIM VCT PLCAGM
Pennon Group PLCAGM
Pires Investments PLCGM re offer from Tern PLC
QinetiQ Group PLCAGM
SSE PLCAGM
Tern PLCGM re offer for Pires Investments PLC
Vp PLCAGM
Workspace Group PLCAGM
Zephyr Energy PLCAGM
Friday 22 July  
Chesterfield Resources PLCAGM
Homeserve PLCGM re offer by affiliates of Brookfield Infrastructure Partners LP
JD Sports Fashion PLCAGM
Landore Resources LtdAGM
President Energy PLCAGM
United Utilities Group PLCAGM
WANdisco PLCAGM
Monday 25 July 
BP Marsh & Partners PLCAGM
Keras Resources PLCAGM
Keras Resources PLCGM re share consolidation
Tuesday 26 July 
AO World PLCAGM
Bytes Technology Group PLCAGM
Dekel Agri-Vision PLCAGM
Firering Strategic Minerals PLCAGM
Mitie Group PLCAGM
Momentum Multi-Asset Value Trust PLCAGM
nanosynth group PLCAGM
NewRiver REIT PLCAGM
Ninety One PLC & LtdAGM
OnTheMarket PLCAGM
OptiBiotix Health PLCAGM
Telecom Plus PLCAGM
Vodafone Group PLCAGM
Xeros Technology Group PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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18 Jul 2022 11:07

IN BRIEF: OnTheMarket adds estate agency Foxtons to client portfolio

OnTheMarket PLC - Aldershot, England-based property search portal operator - Says that London-based estate agency Foxtons Group PLC has signed an agreement to use its website OnTheMarket.com to advertise its UK residential sales and letting properties. No financial information about the contract has been disclosed.

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18 Jul 2022 08:56

LONDON MARKET OPEN: Insurers fall; Euromoney surges as backs takeover

(Alliance News) - Stocks in Europe kicked off the new week on the front foot as expectations of a chunky 100 basis point rate hike from the US Federal Reserve ebbed, with markets now largely pricing in a 75 basis point increase.

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