OTM
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Latest property news
OnTheMarket staff face headcount reduction as ‘uncertainty continues’
Portal's acting CEO says he faces 'regrettable' decision to consider redundancies as realities of Covid aftermath affect the business.
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Latest property news
Sweeteners persuade 500 joining agents to pay for OTM despite Covid
Deal launched in April gives joining agents who pay up to £2,500 of OTM shares per branch depending on how many other portals they list with.
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Latest property news
OTM will soon be profitable, City analyst tells agent shareholders
Zeus Capital says the portal will have a difficult 2020 but it expects it will be profitable in 2021/2 as member agents move to paying full fees and revenues increase by £10m.v
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Latest property news
‘Get real’ about Rightmove’s power, agent tells portal’s critics
Lee Pendleton says Rightmove has been a leads and marketing powerhouse for his and many other agency businesses over the years – and will continue to be so.
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Latest property news
OTM extends discounted fees to end of September but will Zoopla follow?
'Third portal' says it has enough cash to fund the extended offers, which sees its fees discount held at 30% during August but reduce to 20% in September.
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Latest property news
New report: Rightmove is the most vulnerable it has been for years
Document released today by a campaigning group shines a light on the extraordinary situation most agents face when paying for Rightmove, and how the balanace of power should be levelled.
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Latest property news
OTM’s acting CEO confirms he’s in the running to keep the top job
Clive Beattie says the process is taking longer due to the Covid social distancing rules, but that agents should expect an announcement 'soon'.
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Latest property news
Interview: OnTheMarket CEO’s candid answers to agent criticisms
OnTheMarket acting-CEO Clive Beattie, talks to The Negotiator as we ask him some of the industry's key questions about the portal following its latest results.
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Latest property news
New OnTheMarket tool highlights growing importance of virtual tours
The portal now enables house hunters to filter out property listings that don't come with 3D or video tours.
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Latest property news
Portal wars: ‘OTM was never a truly mutual organisation’, says challenger
Andrew Goldthorpe of PropertyMutual says too many portals including Rightmove and OTM start out promising to be solely for the benefit of agents, but soon lose their way.
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