Portals
OnTheMarket to be sold to American real estate data giant in £100mn deal
'The acquisition of OnTheMarket represents an attractive and efficient entry point for CoStar into the estimated £8 trillion United Kingdom residential property market,' says CEO Andy Florance.
Rightmove rolls out new training tool for property agents
"Teams View" allows companies to better manage and monitor staff training and qualifications.
Open letter lambasts OnTheMarket
"I do not say these things to be negative," says Brett Stone as he criticises property portal for alleged "poor performance, corporate governance issues, and failure to prevent Rightmove’s excessive…
Rightmove revenue jumps 10% as property agents spend more
'Rightmove isn't materially impacted by the property cycle,' says new CEO Johan Svanstrom, as the portal's revenue and profits rise despite a slowing market.
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…
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.