OnTheMarket boss Ian Springett has hit back at detractors in an article on the online publication City AM.

His article follows the Competition and Markets Authority’s open letter to estate agents warning them against colluding when making portal choices.

In the piece, he says: “The letter from the CMA triggered some predictably opportunistic attacks on us from some who are perhaps sensitive to the impact we are having by injecting competition and increasing choice in a portals market dominated by two big listed companies, Rightmove and Zoopla Property Group.”

He goes on to say: “It will clearly take time for OnTheMarket.com to attract as much consumer traffic as the market-leading portals.

“However, our progress has been rapid: we had over seven million visits in March, and we are greatly encouraged by the feedback we have from agents and consumers alike – there is now a challenger agent-owned portal in the market to list and view properties on.”

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