Portals
OnTheMarket posts record profits but warns of ‘tougher trading conditions’ to come
Increased spending by estate agents has boosted the property portal's revenue, but a 'higher than expected' number of agents are cancelling contracts as the property market slows.
Rightmove relaunches popular ‘Best Price Guide’
Property portal adds live updates and easier sharing to its most popular report product.
OnTheMarket launches financial services division
'The launch of OnTheMarket Money is another key step in our evolution towards becoming a ‘one stop shop’ technology company that provides services for agents and consumers, across the entire property eco…
Strong start for Islington off-market property platform
'Pre-marketing' estate agency Ostrich plans to roll out across London next year.
OTM installs new marketing chief
Tom Gough has taken over from Patsy Walton as the property portal's head of marketing.
‘Bet on Rightmove may be wrong move’, warn stock market analysts
'It looks as though investors are too focused on the historic positives than the challenges to earnings ahead,' warns The Times.
OnTheMarket remains majority agent-owned despite share sell-off
'An overwhelming majority of [member estate agents] have chosen to continue to support OnTheMarket and remain as shareholders for the next stage of our journey,' says CEO Jason Tebb.
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.
Boomin calls in liquidators
The property market downturn has 'not been our friend', says Boomin founder Michael Bruce as employees are told of the fledgling property portal's insolvency.
Property portal wins ‘Best B2B Customer Experience’ award
OnTheMarket's 'listening tour' has been recognised for its part in 'raising the bar for customer experience in the UK'.
Former Expedia boss to join Rightmove as CEO
Johan Svanström will take over from Peter Brooks-Johnson as Rightmove's Chief Executive Officer early next year.
Zoopla cuts more jobs
'It’s time for us to look to recalibrate the roles in our organisation to align to the next chapter in our journey,' says property portal and proptech firm.