OnTheMarket signs up more paying customers but braces for ‘short-term’ revenue hit
Portal now has 9,000 branches on paying contracts and has seen 'strong increases' in weekly new instructions, traffic and leads, but expects its bottom line to suffer from reduced ad spend and the cost of supporting agents through the crisis
Portal now has 9,000 branches on paying contracts and has seen 'strong increases' in weekly new instructions, traffic and leads, but expects its bottom line to suffer from reduced ad spend and the cost of supporting agents through the crisis
Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
OnTheMarket reports strong financials; outlines ‘more than a portal’ growth strategy
6.5-year-old property portal has reported success in converting free trials into paying customers, with Group Revenue jumping by nearly 50%.
OnTheMarket founder Savills returns to Zoopla
All six original founders of challenger portal OnTheMarket are now back listing with ZPG
Most read
Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
REDD lands 12,000 sq ft mansion project in Notting Hill
Private client commission will see substantial villa reworked into 'best-in-class' family home.
More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
The Whiteley reaches practical completion; full amenities line-up unveiled
Eight-year overhaul of London’s first department store has delivered 139 homes with 'best-in-class' facilities, a Six Senses hotel - and some new benchmarks for the sales market.
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
Middleton Advisors boosts Cotswolds buying team
Former Knight Frank agent Charlotte Hall has joined to advise buyers across the region’s most sought-after addresses.
LATEST ARTICLES
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Top international architecture practice unveils new look & senior line-up
PLP Architecture has named five new Partners and six new Directors for its offices in London, Singapore and Tokyo.
Clouds of Uncertainty: Frances McDonald on why the UK’s prime property market recovery is ‘taking a breather’
Savills' Research Director explores how top-end home buyers & sellers are reacting to recent global events, as a 'promising start' to the year is tempered by 'renewed caution.'
Monaco flagged as next frontier for branded residences
Sector specialist explains why the Principality is a key gap in a fast-growing global market, as latest data underlines depth of demand.
Resi sales launch at branded private island development in Belize
This is Six Senses' first over-water resort in the Americas, with prices from US$3.75mn.