portals
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Latest property news
Newspaper giant fights back against portals
The UK’s largest regional newspaper and digital publisher Trinity Mirror, is to “fight back” against the increasing slice of agent marketing spend taken by Rightmove and Zoopla.
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Features
UK’s specialist property portals taking on the big three
Visitors from space probably think that the UK has just three property portals – and that those portals have taken the place of estate agents. Not true...
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Latest property news
ZPG flexes muscles as OTM battles on
ZPG reports that 40 estate agent branches left OnTheMarket.com (OTM) and returned to listing with them over two weeks in October.
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Latest property news
Portal juggling? Beware, Trading Standards officers are on your case.
“This is an illegal practice that misleads homebuyers on property websites and estate agents are warned that they could be prosecuted and face a ban from working in the industry.”
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Latest property news
OnTheMarket visits rise as Zoopla goes on the buses
Eight million visits recorded in June – an increase of 33 per cent since January, says CEO Ian Springett.
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Features
The battle for North Yorkshire
North Yorkshire has become a battleground for dominance among the portals, says Nigel Lewis.
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Features
My time at the top
Peter Rollings famously helped steer Foxtons and more recently Marsh & Parsons to phenomenal success. Nigel Lewis meets him as he looks back on his career.
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Latest property news
On The Market battle grows as Action Group is formed
The first meeting of the OnTheMarket (OTM) Action Group, run by Iain White, took place yesterday (Monday 9th May), with attendance from 100 OTM members who have given notice to OTM and received threats of legal action, along with others who would like to leave the portal but have not yet resigned. The group later issued a statement saying, “The estate agents believe they were misled by Agents Mutual, the owner of the OnTheMarket property portal, over promises made on joining that their subscription fees would always be equal to, or lower than, members who joined at a later date. It has now been suggested that, instead, Agents Mutual have in fact been offering subscriptions at a much lower price, disadvantaging earlier members. Iain White (left), consultant to the estate agency industry who organised the meeting, said, “More than 200 estate agents representing businesses across the length and breadth of the UK have registered their interest in taking action against Agents Mutual. There are a lot of aggrieved property professionals who consider that they have been unfairly treated by Agents Mutual. “On Monday morning our information session in Central London was full. The level of outrage among Agents Mutual members…
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Latest property news
OnTheMarket is not going off, says CEO
One of last week’s noisier stories in the press and on social media was about OnTheMarket members and theo pen letter from the Competition and Markets Authority(CMA). Ian Springett (left), CEO, OnTheMarket (Agents Mutual)defended the portal’s position and its status with the CMA, asking Jungledrums to remind estate agents about their obligations under competition law when choosing online property portals to advertise their properties. “The CMA has been very clear in cautioning agents to act independently and not to collude. At OnTheMarket.com, we welcome that stance and have consistently given agents precisely the same advice to make any portal selection decisions independently. “For the record, there has been no suggestion from the CMA that OnTheMarket.com has acted improperly in any way. Indeed, in its reminder letter to agents, the CMA explicitly states that, “it has no reason to write to OnTheMarket in this connection at this time.” OnTheMarket certainly needs to defend its position, Mr Springett said, “Success attracts its detractors. The letter from the CMA triggered some predictably opportunistic attacks on us from some who are perhaps sensitive to the impact we are having by injecting competition and increasing choice in a portals market dominated by two big listed…
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Latest property news
In other news – OnTheMarket signs new member!
Estate agency Goadsby which has offices across Dorset, Hampshire and Wiltshire, has joined OnTheMarket.com. The firm – which was established in 1958 – will now be listing all of its properties for sale and to rent at OnTheMarket.com. Goadsby will continue to advertise its properties on Rightmove as its ‘other portal’. OnTheMarket.com announced earlier this year that the level of overall support for the portal had risen beyond 6,500 estate and letting agent offices across the UK, which was an increase of more than 50 per cent since this time last year. The figure consists of contracted members and agents who have signed a Letter of Intent to join OnTheMarket.com when total support reaches 7,500 offices – which is OnTheMarket.com’s next major milestone. David Errington (left), Group Chief Executive of Goadsby, said, “We are keen to support OnTheMarket.com, the UK’s only agent-owned, agent-controlled portal. “OnTheMarket.com is an excellent portal which enables agents to present themselves and their instructed properties in the best possible way with no distracting non-property advertising or unhelpful information added. This is just one of the reasons we have chosen to join.” Ian Springett, Chief Executive of OnTheMarket.com, said: “We are extremely pleased to be welcoming a…
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