OTM profits are running ‘ahead of market consensus’

Rightmove's Average Revenue Per Advertiser was 9% higher in 2021 than in 2019; estate agencies are paying the property portal over £100 more per month than before the pandemic.

On his first official day in charge, OTM's new boss Jason Tebb has already outlined a few shifts in the portal's strategy.

"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."