Company Tag: OnTheMarket

Property portal has made "significant strategic progress in creating a differentiated, tech-enabled property business," says OnTheMarket's management, as annual revenues climb 32%.

Despite some rising headwinds, there is ‘strong evidence emerging of a more stable housing market’ reports OTM

It turns out the ‘new normal’ is an elevated version of the pre-pandemic market, observes the portal's CEO Jason Tebb

"We are delighted to have achieved a year of further financial and operational progress," says property portal boss Jason Tebb. "But there is much more to come."

It's been a "strong start" to the year, says property portal OnTheMarket, although "the super-charged heat of the last two quarters has, to some extent, tailed off."

Property portal OnTheMarket is on track to break even sooner than expected.

The average asking price of a property listed for sale outside London on OnTheMarket in December was £364k, up 3.7% from the same month last year. Within Greater London, the average asking price was £1.

"This is a major moment for OnTheMarket representing a new chapter for the business," says CEO Jason Tebb.

81% of UK vendors expect to sell within three months, according to the portal's latest sentiment survey.

Fee-paying OnTheMarket customers can now get free access to Property Academy coaching sessions, covering topics of interest to estate agency owners and senior management.

6.5-year-old property portal has reported success in converting free trials into paying customers, with Group Revenue jumping by nearly 50%.

Property portal's new Market Appraisal Guides should give estate agents "a competitive edge", says boss Jason Tebb.