OnTheMarket
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Proptech
OnTheMarket chairman says portal ‘going in right direction’
OnTheMarket had year-end cash of £8.4m and no borrowings following the acquisition of Glanty alongside other strategic investments and full furlough scheme repayment in the period.
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Latest property news
OnTheMarket reveals higher profits but fewer agents using its portal
Strong market has helped OnTheMarket deliver improved financials but efforts to convert more agents to paying customers cut numbers by 5%.
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Latest property news
OTM shareholders vote to release £40m to pay future dividends
Portal says it needs the cash to pay dividends during the 'foreseeable future' but also potentially buy back its own shares too.
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Latest property news
OnTheMarket seeks shareholder vote for dividend payment change
Portal is to ask permission from shareholders for the approx £10m it holds as 'cash in hand' to be used to pay member agents their dividends, if deemed necessary.
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Agencies & People
A bite of the apple
Can one of the newcomer marketing platforms break through to become the Apple of the property portal business? Richard Reed asks the contenders why they think they can.
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Latest property news
LAUNCH: OTM reveals landlord lead generator for lettings agents
Rental estimator has been developed exclusively with Property Price Advice to generate enquiries to agents.
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Latest property news
Proptech: OnTheMarket invests £350,000 in referencing platform
Announcement is part of its annual results which show a £7m rise in revenues to £30.4m and a small increase in profits.
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Latest property news
OTM to offer free pic retouching
OnTheMarket says the new free-to-members service will allow agents to optimise images themselves, rather than using a third party photo enhancing company.
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Latest property news
OTM agents to get ‘exclusive’ access to Sprift’s prospecting tool
SmartMail will remain paid-for but only available to the portal's listing agents following the partnership announcement.
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Latest property news
BREAKING: OTM relaunches with new look, logo, website and search tools
Portal now has totally new look which will also be reflected in its latest TV and online marketing blitz due to break before Xmas.
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