OnTheMarket has revealed several agents have signed up to the portal on long-term contracts and stopped listing properties on Rightmove.
The agencies include: Albion Sales and Lettings in Northampton, Camerons in Bournemouth, Clintons Management Ltd in Essex, Jungle Property in Somerset and James Pye & Son in Skipton.
In recent months, several agents have expressed their dismay with Rightmove’s price rises as well as reported instances of favourable pricing to corporate agencies or lager franchise businesses.
Ian Springett, OnTheMarket chief executive, says: “We’re excited to welcome these agents and many others to OnTheMarket on long term contracts following the rapid acceleration of our strategy for an agent-backed portal.”
OnTheMarket plc (LON:OTMP), the agent-backed company which operates the OnTheMarket.com property portal, is the third biggest UK residential property portal provider in terms of traffic. It aims to deliver a market–leading, agent–backed alternative to Rightmove and Zoopla, offering a first–class service to agents at sustainably fair prices and becoming the go–to portal for serious property–seekers.