OTM profits are running ‘ahead of market consensus’
Property portal OnTheMarket is on track to break even sooner than expected.
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OTM reports ‘strong growth and profitability’
Agent-owned property portal is working towards a big website upgrade - dubbed "OnTheMarket 2.2" - in the first half of 2024.
Property portals ‘are inflating the cost of running an estate agency business to near impossible levels,’ warns agency boss
Steph Walker, COO of 19-month-old firm The Agency UK, says many top-end independent estate agencies "will have to shut their doors as competition in the marketplace greatens."
OnTheMarket profits climb as Tebb promises ‘more to come’
"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."
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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.
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.
Guardian: Why are London mansions struggling to sell?
LonRes chief says there is some ‘unbelievably good value’ in the capital's prime neighbourhoods - but warns the market has yet to find its floor.
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.
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.
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.
RFR brings in super-prime specialist as MD
Former Knight Frank partner joins Chelsea-based buying firm.
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.
Forbes-backed brokerage adds another big name to PCL line-up
Latest Founder Partner brings nearly four decades of top-end agency experience to Martin Bikhit’s new venture.
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