OnTheMarket warns investors of slow agent take-up; cuts contract prices
"Due to market conditions, conversions have occurred at a slower rate than originally planned," says property portal, "with fewer having been to long-term, full-tariff contracts"
What to read next
Reviews & effective communication are the key factors when picking an estate agent
Only one in ten customers want a text or WhatsApp message from their estate agent, according to property software brand Alto.
By PrimeResi
LSL trumpets ‘highly resilient’ performance as estate agency revenue drops; warns on coronavirus impact
There's a lot going on in LSL's latest update to shareholders, with Countrywide merger talks ongoing, the impact of last year's dramatic network downsizing revealed, and a warning that the spread of the…
By PrimeResi
OnTheMarket reports decent progress in converting freebie listing arrangements to paid contracts
3,000 more agency branches are now paying to list on the five-year-old property portal.
By PrimeResi
Companies in this article
OnTheMarketMost read
New platform opens door to distressed property deals
Exclusive: Receiv-r promises an early heads-up on property and land opps - and already has a big-name brokerage on board.
Where did the Knightsbridge buyer go? James Moran on PCL’s shifting geography
Middleton Advisors' London sales boss explores the changing fortunes of one of the capital’s most famous enclaves - and where today’s moneyed purchasers have been turning their attention.
By James Moran
£37.5mn Banda-designed super-duplex unveiled at The OWO
In Pictures: Top-end studio delivers 3,804 sq ft heritage-inspired residence at luxury Raffles-branded scheme in Whitehall.
In Pictures: Historic Cotswold estate hits the market at £15mn
Substantial pile with Sims Hilditch interiors and a party barn launches with autumn selling season in full swing.
Government ramps up plans to regulate property agents
Update Industry Reactions: Ministers unveil licensing regime and independent regulator, going much further than proposals announced last year.
Alexander Main brings in senior hire for big lettings push
Former Domus Nova & Foxtons operator joins line-up to lead ambitious two-year-old agency’s new division.
Grand Registry: Surveying the latest big-ticket deals to hit the official record
Land Registry data reveals a telling resale at one of Kensington’s most prestigious schemes, alongside a clutch of eight-figure deals across the capital.
Savills recruits new resi sales head in Guernsey
Agency hires former Chestertons manager to run its expanding team on the island.
Value is in the eye of the buyer: Frances McDonald on Prime Central London’s new market reality
The Savills research chief highlights key trends at play in PCL, including some surprising statistics...
What does the latest Savills survey tell us about buyer & seller demand right now?
Agency's consumer poll picks up on a sharp turnaround in moving intentions, led by London, despite lingering political and tax uncertainty.
LATEST ARTICLES
Super-prime London scheme lands double win at global branded residence awards
Raffles-branded project takes European and urban titles at inaugural awards programme for booming sector.
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.
Prime London rents climb as landlord squeeze tightens supply
Knight Frank blames rising borrowing costs and 'increased taxation and red tape' for the capital's dwindling rental supply.
By PrimeResi
London Square owner racks up £1bn-worth of Abu Dhabi sales in a week
International buyers drive bumper sales tally for Aldar across two waterfront launches.
By PrimeResi