OnTheMarket has reported record visits and unique visitors for June, using Google Analytics data.
In June, the portal recorded 4.4m visits, with over 2m unique visitors.
Chief executive Ian Springett said: “We are continuing to see strong engagement from consumers in terms of pages viewed per visit and time on site and a high percentage of repeat visitors.
“This reflects both the quality and range of agents and properties listed with us and the usability of the portal.
“Our ongoing multi-million pound national TV, press and online advertising campaigns continue to work really hard at driving active property seekers to OTM.”
Fair play to them for putting some numbers out there, but this does not show it is working – quite the opposite. It launched on 26th January and yet January got 1/5 of its June traffic.
If this is correct, it looks like it takes Rightmove about 8 hours to get the same traffic as OTM attracts in a month. Any agent saying that is in their customer’s best interests should be keel-hauled!
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Sorry Harry, , let me take you to task on the subtleties of your post. A proper Estate Agent can not value a property properly if they do not have a comprehension of the applicants who are likely to buy. That is basic supply/ demand economics that applies to selling any product or service.
Any agent who is essentially ebay- trawling the internet for a buyer and admits it, is on the back foot straight away. That is the fundamental reason why anyone pouring cash into internet applicant reliance agency (passive intermediary dressed up as agency) might as well be investing rainbowendspotters.com
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Robert, the reality is quite different though. We are marketers and sellers of properties, and to get the best price, we need the widest audience – and therefore we should be fishing in the right places. To make a terrible marketing decision and then rationalise it thus ignores the fact that property hunters are looking on RM & Z and not OTM (on the whole).
Taking your proposition to its extreme, why do agents advertise anywhere?? Surely their knowledge that there are buyers out there is enough to ensure I get the best price for my customer’s property in the shortest time possible?!
In fact, why don’t we legislate and ban all marketing for everything? Surely there is pent up demand and the buyer will find the seller? Won’t that make the world a better place 😉
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It is difficult to reply to that post without appearing rude or providing a lesson in marketing that I ought to get paid for. It is enough to say property advertising has very little to do with applicant audience.
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A shocking statement Robert.
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The difference is Harry I know why it isn’t!
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What a bizarre and inaccurate statement.
I do hope that you don’t charge much for your services.
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You hope I don’t charge too much because you realise you don’t understand why I’ve said that & you need some training or are you just trying to be insulting because no-one can possibly know more than you even people with 3 times your years experience?
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HarryN – Your findings astonish me. I have emailed AM this morning to explain how HarryN can have uncovered this… I thought OTM were well ahead of RM now…. Shocking, they promised me as many hits in a day as RM and Z combined, tut…… I don’t know. I will let you know what the say.
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You’re right Ric, but they have promised to be ahead of Zoopla by January 2016, haven’t they?
Maybe if you hear back from them you can ask if Springett will take a cut in his rumoured £600k salary if he doesn’t make it!!
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It says a lot about someone who seems p1553e at what someone else earns! Ged over it…. £600k or £1mk fair bl99dy play for setting OTM up! I would demand at least a mill if it had been me. (I also suspect you ensure your staff are all paid equally and Directors get paid no more?)
oh and where OTM are by 2020 does not really bother me, where I and my company will be, is the only thing on my mind….
Surely you only concentrate on your own goals and not get too distracted by the person across the road. I have to train this mentality out of young managers…. stop worrying about the next person and do your own job well, the rest will follow.
Anyway….. My villages RM still No.1, OTM still No.2, (no change between the two) but Z falling further behind in 3rd spot. #justsaying #smartagents #knowbest 😉
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FACTS are FACTS traffic is increasing
z board members combined salary is a absolute disgrace ! running into £Millions !. I think share holders will be ditching their shares , as have so so many estate agents already.
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More importantly whilst they (RM) have the largest audience, Z are definitely loosing their market place to OnTheMarket.com .
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That’s more like it Harry…..nice to see you your otm alarm app went of successfully this morning.
“but this does not show it is working “….
I checked the site, after reading your comment, and it seemed to be running ok, we had received e mail leads over night and have had calls to some offices this morning….
Wonder how many more false, un truthful claims you will bestow on us today?
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Rock on Harry. OTM is spending more than its achieving. Throw enough 5H1T at the wall and some of it will stick
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Ha ha ha! Looks like the Agents Mutual office has been busy disliking my work!
The best possible compliment – thanks guys…
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And the independent source that verifies this is …….
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Wow, Ros, you have outdone yourself here.
Assuming that OTM are spending around £1.5m per month of their member’s money, it looks like they have spent about £6million attracting an extra 500,000 unique visitors. I know what it costs to attract traffic to my own site and can do it a lot more effectively that that!
I know I risk the ire of the numpties who will go down with the sinking OTM ship, but dressing abject failure as success is a pretty irresponsible position on the part of a supposedly neutral publication.
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Since your appearance on EAT I can’t help myself, I can’t see your posts without having Dexys Midnight Runners playing in my head and an almost uncontrollable urge to go for comedy gold.
Come on Eileen, there is no abject failure about Agent’s Mutual or OTM it is doing what it was built to do and it is doing it. Operation Fortitude was a complete non event during WW2, it was designed to be so it is important to understand the whole strategy rather that commenting on the effectiveness of stick and cloth tanks and aeroplanes . There are good things coming out of AM even if they are not immediately obvious in stories like this.
There is a small band of special forces not necessarily attached to AM who are winning victories for agents like you and you are not even aware of them. You are entitled to be passionately opposed to a bunch of suits not doing it your way but to be so vocal and at times, vicious, really isn’t very becoming.
I didn’t control it did I?—Yeah yeah yeah, I am a moron too!
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I sense no ire from you Robert and I certainly don’t put you in the numpty camp.
The reason I am so vociferous is that I was tempted by the idea and philosophy of Agents Mutual until two things happened:
1. it became clear that the only beneficiary of OTM was going to be RM. I was delighted when Z started to make real headway as for the first time I sensed RM were on the back foot. I am dreading my letter/call this year when I expect them to be back to their old 2010 selves.
2. I met and experienced the sales approach from Agents Mutual. Nothing short of bullying and arrogance.
The sooner the thing fails and people start getting back behind Z the better in my opinion.
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I love you to bits Eileen (in a professional way), I love your honesty and passion for the industry, I love your desire to put things right and you post when you know full well your view point won’t be well received.
Neither Rightmove or Zoopla have that power any more. I can explain why and have built an entire system to demonstrate what it is I know and understand and to demonstrate how things have changed. You are fighting a fight I first identified in 2006 and have been fighting almost alone ever since.
I have said before I want to talk with you but don’t want to impose myself on anyone who has good reason not to want to talk. I do know who and where you are but respect the protocols of business. I am not going to attempt to sell you anything , just share with you what I know and why AM has to succeed even if OTM doesn’t meet every expectation.
Another song from 1980, this time it’s Blondie- call me.
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‘EHenderson’ stated “The sooner the thing fails and people start getting back behind Z the better in my opinion.”
Robert – I’m already a moron in her opinion so I’m going to set that good and proper in concrete. Frankly, I don’t give a fuppenny what she decides to label me – I’ve been called far worse by way more influential people than Ms Henderson and I’m still standing.
You can “love her to bits” all you want – but she isn’t ever going to accept anything other than that which is blocking her sight of life without being beholding to the portals.
Now that’s not necessarily a criticism of the lady as an individual – there are countless ‘individuals’ who currently adopt the same stance – legs akimbo and head firmly entrenched in sand/whatever – because they have forgotten (or simply never knew) life pre-portal technology and have swallowed the ******** that the King’s clothes ARE the finest that money can buy as it is far easier to do so than rage against the machine.
“I was delighted when Z started to make real headway as for the first time I sensed RM were on the back foot.” So – you never noticed the yearly 10+% increases continued, then… some ‘back foot’.
“I am dreading my letter/call this year…”
They have been royally shafted so many times that they now almost look forward to the prospect of another dose of the usual. They do nothing to avoid it – but make token squeaks of mock disgust like that above when they think their abusers aren’t looking or listening.
It makes them feel better – their way of dealing with the pain.
OTM may not be the answer – only time will tell but at least those that have had the stones to give it their best shot will be able to hold their heads up knowing that their efforts counted – and it was the apathy of the usual suspects that sunk the ship not those that gave their all to keep her afloat.
And as for wishing it sooner rather than later – speaks volumes as to the type of person whose head you are trying to coax out of the ‘whatever’ I mentioned above… from where I’m standing it certainly don’t smell like sand her head is stuck in.
I wonder if I will get anywhere near the impressive ‘Dislike’ record currently being set by ‘Harry N’ (58 and climbing…) with this post? Don’t forget, Ms Henderson – if you log out and refresh the page you’ll get two goes – and if you do the same on a few different machines you could easily get into double figures all by yourself…
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Big post Peebee! You have got a fairly well documented history of the build up to AM and OTM which pre dates the actual AM execution of something I proposed in 2012.
Where I am sympathetic to and have respect for Eileen’s standpoint is that the rigidity of the rules surrounding a subscription to OTM has clouded the desire to be part of an affinity group to fight a common cause.
The “we were here first, it’s our rules like them or lump them, we know best, this is the only way” is a dictatorial attitude that doesn’t was with the whole spectrum of agents. You will subscribe to OTM you will drop one other is a ideally suited to TELLING the stable extrovert bull characters, it is the wrong way entirely top encourage the stable introvert lambs of the industry.
With Eileen and Smile please they are intelligent Agents and the rules don’t work for them. there needs to be a way of the fixed in stone rules are reviewed and explained.
If for example Eileen knew some of the stuff I am aware of her outlook might change so significantly she joins. If however the dialogue remains confrontational from both sides there won’t be a compromise.
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Just as well I’m not your BDM, then!
I see a chain yanker, not a prospect.
It’s nice we disagree occasionally.
I actually hope you’re right and I’m wrong – I’m dying for our meeting at the AM Crimbo bash! ;o)
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In real terms, thats a slow build up and their agency recruitment is also on a go slow.
It can’t be long until the war chest runs dry and they come asking for a handout from members, or start selling premium products.
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What is undeniable is that more and more people are using OTM.
Interesting how Zoopla no longer wish to publish OnTheMarkets(inaccurate) audience figures every week as they did throughout most of Feb, March, April & May.
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You’ll probably find its more a case of ‘why bother’ Paul.
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Indeed why bother when you know agents won’t go back. Looks like Zoopla are learning.
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OTM is fighting a losing battle – my firm has asked each of our 24 appraisals during the last two weeks if they are attracted by the proposition of having their property listed on OTM – all but one said they’d never heard of them – the one that did said they were not the least bit impressed.
Lets face it, OTM was established with the primary objective of seeing RM off. This has failed so why not pack it up now, share out the spoils and have a losers party?
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When will OTM publish the actual number of leads that they are providing to member agents on a monthly basis? Is this increasing? How do those numbers compare to R and Z? And what proportion of those leads become bankable sales?
Talk of site traffic is a complete misnomer and it’s pretty clear why OTM don’t/won’t publish stats that would truly reveal it’s ‘success’
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You’ve been trying, for over five years… and still no success 🙂
Time you spoke with your investors, on why you are failing and you haven’t even got, the traffic.
Make your mind up, local council er .. or pipe dream Branson ?
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It baffles me why any Agent would want to see OTM fail. Surely its basic premise is for the good of the whole Agency community. Isn’t a site ‘owned’ & operated by Agents a good thing?
The difficulty OTM has had from the outset is gaining traffic.
Whilst every Agent remains on RM then it (OTM) won’t ever generate enough traffic to convince all the ‘fencesitters’ to list with them. Why? Because whilst the consumer can still get everything it could always get, from the place it has always gone then their behaviour won’t change.
How can you make the consumer change their ‘habits’? Clearly marketing will work to an extent but whilst RM still has all of the stock in any given area then people will revert back to that as it has the most choice.
Ultimately the only way for OTM to be successful is for it to be the only place where the consumer can see the majority of the properties on the market in any given area.
Agents have it within their own grasp to operate a website that could direct the ‘audience’ of property buyers to just one site.
For that to happen all Agents have to get behind OTM otherwise it will never have a chance of matching the audience levels of RM & Z.
Whilst Agent numbers on OTM remain around the 5,000 mark this ‘audience transformation’ is unlikely to happen.
Audience will only transfer in huge numbers if OTM becomes the biggest stock holder of properties listed. For that to happen Agents have to come off both RM & Z.
RM’s silence on all matters OTM in the past few months suggests that they don’t believe that any Agent will ever leave them.
More importantly whilst they (RM) have the largest number of properties available the audience won’t leave them.
Chicken and egg I know!
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I certainly do not wish OTM to fail – I applaud the community spirit – but as an agent who is barred from advertising on OTM (properties not visible from street level) I would feel slightly left out of the party if more potential customers starting using OTM than RM so in the meantime it’s RM for me. I think barring certain types of advertisers is a bit negative and may prove to be restrictive to the growth plans for OTM – the punters will mostly gravitate to the largest pool to fish
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FACTS ARE FACTS OnTheMarket.com is winning more and more audience and market share
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I do love a Fact as opposed to a statistic.
I haven’t check OTM coverage in my area for months. Just did.
12 local sales agents: Not one on OTM. Fact
OTM’s attempts to recruit my offices since January, ie phone/email/cold call? Zilch
That is a small snapshot of my area and I appreciate from what I’ve read on here that in some areas OTM appear to have taken over No.2 spot from Zoopla.
My ongoing question to myself (it’s ok it’s my own voice in my head) is should I be the first ‘fence sitter’ of the 12 to join OTM. I ask this every month and I am still no nearer saying yes for this simple reason:
I don’t believe that restricting my internet advertising would be in the best interests of either my clients nor my company. Where I advertise my clients and company is my decision and mine alone.
The birth of OTM has damaged Z but not touched RM so it would be obvious to drop Z should I have to choose between them. However OTM & Z cost about the same (I believe) but Z has proven its worth via our rentals side and more importantly via our sales valuations. It has a track record with us and is a recognizable brand to the public. We are now in July and I am yet to be asked are you on OTM by anybody. I am constantly asked are you on RM & Z.
OTM have done well to establish themselves but it is coming to crunch time now. I still believe they need a radical rethink and approach to convince the ‘fence sitters’ like me whilst retaining those that bought into the original philosophy.
One last point. The term ‘fence sitter’ is misleading. I and many others have chosen not to join OTM. That does not make us ‘fence sitters.’ We all retain the ‘right’ to join OTM (subject to meeting their criteria) when/if they meet our criteria.
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After reading all these comments – same old same old – I can understand why the general populus would have the opinion that Estate Agents are small minded self opinionated bullies that live in a different world than the rest of e-commerce. I don’t know of another industry that would cheer for the market leader and happily keep throwing money at them when it increases it’s prices year on year because it is in a one horse race (sorry Zoopla) If your first instinct is to be ‘Anti’ try being Anti corruption or Anti war and not to be Anti competition – I’m sure you’l feel a whole lot better for it in the long run.
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Apart from some of the usual suspects (quirk & co) I’m reading comments that simply show concern for the OTM model and constructive answers that might help bring us fence sitters onside.
I don’t think anyone is anti the idea Paul K,It’s the criteria that’s the problem.
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“It’s the criteria that’s the problem.”…Hey Wardy, surely the fact that 5000 agents are sticking with OTM and not going back to Hoopla shows you that the ‘one other portal’ rule/criteria is not a problem?! There are some areas where OTM is 3rd portal and yet agents have not been affected, if not then why have they not dropped OTM.
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It’s not that OTM doesn’t meet my criteria, it’s that I don’t meet theirs. I wish to advertise on more than two portals, they wont LET me join!
Is it time to put the one member – one vote concept to the test to find out if the one other only rule is worth retaining? How would you vote Paul?
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I would vote to keep the rule as it is working and in any case I don’t need two other portals.
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I get that – If you don’t like it don’t do it, As with most things in life we have a choice. But then don’t spend all of your time trying to convince everyone else that they shouldn’t do it either.
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When have I ever?
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Well its still only first place in a long line of LOSERS
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Can’t wait for your first post stretching out to two whole lines.
Call it the challenge for today. You might need a lie down first – build yourself up to the effort it will clearly require.
Good luck – the world is watching and waiting.
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Thanks PB, I try and keep the **** short. A good lesson for you
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I’ll politely(ish) decline the lesson, thank you.
You do it your way – I’ll do it mine.
That way people will have two completely different piles of it to choose from – won’t they?
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True. I think yours might be the biggest pile of 5H1T
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You are entitled to an opinion as much as the next person.
Even if it’s wrong.
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Looks like youv’e got another stalker Peebee, do they never learn?!
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It’s everyone else I feel for, Paul H – having to put up with it.
Putting up with ME is tough enough… ;o)
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Long lost brother looking to settle a score PeeBee?
Must say little jealous as not heard from Smile Please 2 for a while. Strange it was just on the Houser stories …..
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The day you lot sell your Bl##dy shares ( fence sitters ) Z has tied U all up in a right pickle at IPO, now its the most unreliable tech stock zig zagging everyday .
yes it boils down to this if Z had not IPO ,don’t all of deny this as FOI flags up alot of share Holders…
IT has ALSO undoubtedly p$$$d a lot of people, in the tech industry, service industry .why?
because hoopla wants it all, take , take aanndd take business from everyone
solicitors mortgage financial advisers insurance industry energy telecoms the list goes on will never stop.
Take note Z folk, more and more people know of at hoopla dirty tricks (lets not forget the disgusting lottery debacle Z promoting on the national lottery ?) how they want to control the market via DMGT media ,board members who are all in it together with share options and associations … CMA should be looking into DMGT merger with ZPLA after recent acquisitions
BUT OnMarket.com is gaining more and more supporters audience that’s something the analysts reading this post are waking up to the public will turn on Zoopla why?
because corporations should stick to one business, the more apples you try to bite the fatter you get and today’s business, it is about being lean quick and healthy excess fat weighs you down.
Scale ups are in love with “the city” the share holder Performance people tired
of greed and arrogance.
Greed Gecko & co are so 80’s …
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I learn more from this forum every day.
For starters I’m packing in eating those fatty apples! And here was me thinking they were healthy and fat free. What a numpty.
And wow look at all those likes. I guess they must be 32 unique likes because surely nobody would like a post multiple times or like their own post multiple times. Would they?
50 comments and 32 likes. Amazing. Funny what you can do with statistics isn’t it.
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have a like…on me
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B6ERKY – Your earlier post deserved more likes than all the other posts put together today. I think you spoke the thoughts of many an Agent. I tried ‘like’ it but I think Giopoint2 and ‘the twins’ have used them all up for today.
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It’s now been 5 months that 5000 branches have test run the site for all the other agents and all those agents have repeatedly stated how it has not affected their business by not being on both rightmove and Zoopla so it’s slightly perplexing that some agents still want to be on 3 portals….WHY…You don’t need to. Why on earth would you want to pay for 3, when you can run your business effectively by being on OTM and one of RM and Z?!
Can 5000 branches all be wrong, they can’t all be fibbing surely!
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Going round in circles boys. If those 13000 branches thought they would gain more they would join OTM.
The question to ask Paul is will OTM survive if 13000 stay with Z? Short term yes. Long term??? Big promises have been made by Jan 2016 but is the initial momentum grinding to a halt?
As you like FACTS i will give you one-OTM can never become second let alone become 1st if the majority don’t join. So you should be asking WHY haven’t those 13000 joined and what can we do to get them to join rather than insulting their intelligence.
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