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OnTheMarket takes further aim at Rightmove with new tool

Fri, 15th Mar 2019 15:11

(Sharecast News) - Residential property portal OnTheMarket announced on Friday that its 'Market Appraisal Guide' tool was now available for agents to use when preparing appraisals for current and prospective new clients.The AIM-traded firm said the new tool sat alongside the existing reporting tools, which provided property search, viewing and leads performance data at group, firm, branch and individual property level.It explained that, as with the 'Best Price Guide' currently available within 'Rightmove Plus', OnTheMarket's Market Appraisal Guide enabled agents to access sold prices, comparable properties, local information and maps, and create a report for vendors and landlords which carried their own branding in conjunction with OnTheMarket's.The tool was being included with agents' listing fees at no additional cost.It said the new tool was beta tested with OnTheMarket member agents, and refined in line with their feedback.The company said it was now broadening access to the beta version to all member agents.It said the introduction of the Market Appraisal Guide was intended to help agents reduce their reliance on Rightmove and other portals.By using it with vendors and landlords, they would be reinforcing OnTheMarket's brand and encouraging them to use the website, which in turn would help the agent-backed portal succeed.Rightmove's agent product set currently includes 'Efficiency Tools', such as the Best Price Guide and their 'Intel' market intelligence reporting, which are included in subscriptions, and 'Additional Products', such as on-site display advertising, direct response activity and property listings promotions, OnTheMarket noted.It said that in the coming weeks, it would progressively introduce a range of products which would aim to match the core agent products currently available from Rightmove.The market intelligence product would be included within listings fees, while the additional products would be available to purchase on a 'menu' basis.As with OnTheMarket's listing fees, the prices for additional products would undercut Rightmove's standard tariff, and they would be offered in a manner consistent with its commitment to fair and sustainable pricing.More announcements would be made when the next new products were ready to be launched, the OnTheMarket board said."We're very pleased to be launching this guide, which is in line with our strategy to broaden our range of back office tools," said chief executive officer Ian Springett."We continue to look for ways to innovate and improve our offering to agents and property-seekers."
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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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