OnTheMarket is now listing overseas properties for sale on a dedicated channel.
It will allow both members and non-OTM members to advertise on it, and the ‘one other portal’ rule will not apply as OTM says this was established purely “to disrupt the duopolistic market place in the UK”.
A spokesperson explained: “There is a tariff for non-member firms which is based on the number of properties listed.
“This tariff is discounted to existing member agents who want to list international properties.
“The UK search will remain the core business. The channel will attract additional agents, both from the UK and overseas.
“Non-member firms who choose to list only international properties will not become members.”
As with the UK search, the channel does not carry third party advertising.
Overseas search results are presented in grid, map and list views, as well as a new combined grid and map view.
All properties are plotted to their exact location on detailed maps using latitude longitude coordinates and a map is available on every full details page.
A ‘draw’ search facility will be available with the ability to create up to ten different areas within a single search. These can also be saved and used for property searches.
There are seven different currency options available and property price is presented in the currency selected by the property seeker as well as the currency provided by the agent.
In line with OnTheMarket policy, listings from online-only agents will not be accepted.
CEO Ian Springett said: “It is exciting to launch our new overseas channel which already lists thousands of properties for sale and complements our existing UK offering.
“This is yet another sign of growth for OTM and we are looking forward to working with new agents from different corners of the globe to list their marketed properties.”
Ian Speingett was halted as saying ” For far too long properties abroad in the million pound region have been bought by Knight Frank type clients from someone else. To continue to ensure we properly stitch up agents from outside of London we piled a load of their money into a project that means little to the vast vast majority of estate agents in order that I keep my board members happy at everyone’s expense . I realise we are still to launch other “channels” like commercial for example ,or auction , but they don’t really do that so we didn’t bother ” Hopefully this will finally prove to our members once and for all that the vote thing was actually a joke and we can actually just do what we want “
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I would put this a bit more simply danny:
1. OTM spends months (hundreds of thousands in development fees) developing overseas section that seems to only feature Savills, Knight Frank and Chestertons properties
2. All of those are on the board of OTM
3. One other portal rule does not apply
There are some in this forum who are seeking to rubbish comments like this, but this is so absurd that I even suspect that it has been made up!
If anyone needs convincing that this project is about furthering the interests of a small group of central London agents at the expense of the masses, here you go.
Oh, and I’m ready for the nonsense replies from some who clearly are members of this cosy club, but there is no defending this scandal.
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Danny, Harry,
You actually make some relevant points, issue is because you jump on every OTM story and look to run it down it waters down your argument.
Its like the boy who cried wolf. Even if i do agree with comments, in the back of my mind i just have an image of a zoopla rep or online agent dribbling at their keyboard.
Maybe take note of “less is more” if you really feel that strongly about the portal.
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Smile – I respect your points but they are not relevant. This is an area that I feel confident and motivated to comment on. Others I do not. If my points are relevant, I don’t feel the need to keep schtum because it might irritate you.
Unfortunately it is this attitude that has led so many agents into the mess they find themselves in. They know its not right and that they are/have made a mistake but they’re not prepared to speak up and challenge it.
If you really don’t like my comments either ignore them or petition PIE to remove the comments section. Either way you are trying to stifle free speech, which says more about your attitude than anything else.
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Harry,
The issue here is not if you are passionate or not its your motive.
The fact that every OTM story no matter what it is brings criticism from you and danny makes myself and others believe its not that you feel passionately about the well being of agents, its that you have a motive and need to run it down.
Another example is Trevor and his comments regarding a cartel! – He is first and foremost looking out for his business and taking up the mantel of savior to all agents as a shield. At least with Trevor he has the balls to show who he is while running it down,
Yourself and danny in my opinion have a vested interest in it not working.
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Chaps, forget the 1 portal rule, it’s just for the big city boys arguments, this will all boil down to if the public will go and use the thing and if Ian S will decide to give us some actual data in terms of traffic and not just keep coming out with ‘don’t trust com score etc’
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As a relative outsider looking in (i am on both z and r, but like the concept of pom) I have to agree with Smiles viewpoint here. Just how little have you got going on in your life if you make the effort to comment on just about every newsfeed regarding a product that you have no interest in. The fact that both Danny and Harry have promptly been first posters on this issues means Smile must have a point. They have to have either a strong vested interest as stated, or be trolls; either way therefore their arguments and opinions are wasted on people like me. So guys carry on posting your anti comments regularly and promptly, but be aware your credibility is seriously undermimed.
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Drip, drip,drip…
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So this is where the money has gone.Overseas business trips, marketing in foreign cities, and that’s just another perk of the job.
How will this help UK agents? Come on, tell me……
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Who’d have thought? Comments on an OTM story by both danny and harry hood before 7.37am. It’s like groundhog day yet again.
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And the fact Danny typed an e instead of an r in Springetts name just conjures up images of him excitedly and desperately trying to tap something out on the train on the way to Z headquarters.
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The idea sounds good for those wishing to advertise overseas properties but question is; how was this funded? If OTM funds was used who agreed to it? was the members informed?
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Why would you care Fred Jones? It is clear from your post that you are not a member of OTM otherwise you would know whether or not the members were informed.
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Yes I am a member not necessary a happy one, but going down the route of overseas is an improvement no the less and no I have never been informed of any such thing.
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“Yes I am a member not necessary a happy one… and no I have never been informed of any such thing.
My comments below apply.
Fred Jones avoids facts like the plague – unless it is to ‘Dislike’ them.
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Fred Jones
1. The decision to go down the Overseas Properties route was made long before you signed up to your diluted Membership.
2. As a diluted Member, you have no rights to vote on any matter that is subject to vote.
3. You’re clearly terminating your Membership at the earliest LEGALLY possible opportunity.
So why the chuff ask a series of questions as if you’ve got some divine right of receiving answers to?
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Not that I would be interested in any such vote it was simply a question put out there, but of course I might know you would come marching in with your two pennies worth like it actually has anything to do with you!
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“… I might know you would come marching in with your two pennies worth like it actually has anything to do with you!”
Sorry – why in your considered opinion WOULDN’T it have anything to do with me?
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Ahhh, Plank – good to see you back again and up to your usual tricks.
I thought you’d got sick of ‘Disliking’ and started chasing after people on bicycles again – and that’s not a clever idea.
Just look what happened the last time…
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Not sure if that’s a reply to me or just one of your rants?
I think a psychologist would have a field day with you, talk about being unhappy and board with retirement. You don’t seem to have a good word to say about anything, continually chasing everyone to cause friction and reaction for want of conversation.
‘Not to worry’ you carry on old pal, I guess you probably feel lonely at times and it’s hard to cope without the banter.
Pat on back!
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Not to you, Mr Jones – unless of course you are my faithful Plank – in which case digest every word.
Now – back to the subject. I repeat my earlier question and respectfully request an answer.
Why in your considered opinion WOULDN’T it have anything to do with me?
I look forward to your response.
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You have already admitted that you are retired and no longer an estate agent.
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WRONG once…
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Just to add, in another blog you state that you no longer reside in the UK.
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WRONG twice…
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Care to ‘out’ me as being better known as the Archbishop of Canterbury?
That way you’ll score THREE IN A ROW?
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I’m buying houses abroad ?
I thought they had to sell my houses in this country?
It’s all up the pole ! Or do I mean Polish ?
It’s not even 9AM and already I’m, confused dot com !!!!
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Wot !
No likes? No Dislikes?
Come onnnnnnnn!
I was joking, O was taking the biscuit out of OTM.
Really?
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This really was a silly idea from OTM,
I wish them well, like others, i like the initial idea.
But to use agents subscriptions to develop this part of the portal when so many other things could and should have been done first is quite frankly arrogant.
I bet if they had have put it to a vote the majority would rather a back office system or more advertising not ploughing thousands into a bolt on less than 5% of agents will use.
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Are smile please dislikes from agents who sell overseas property and are delighted with the new portal or from AM agents who don’t but don’t like the error of AM ways being pointed out? I think most on here will know the answer.
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Nope nope and nope.
I’m no longer a fence sitter.
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I am an avid supporter from the start of OTM and I am also concerned that the back-end system was not developed before the start of overseas properties.
The reason I joined OTM was to invest in a site to market properties in the UK and disrupt the duopoly. I am not convinced that developing overseas before say; commercial property in the UK was the way to go.
Agents Mutual should put to the vote the idea of adding property sectors such as New Build and Commercial Property in the UK and develop these key areas thus adding more UK subscribers with UK properties to the site to quickly become the 2nd portal !
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One agent one vote? did anyone know about this and where’s the funding coming from to build and promote the site?
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Mark Walker I don’t understand your point. We did not join AM for this very reason. Me and my partner attended a number of local AM meetings before the launch and decided we had no confidence that a board of corporates would act in our interests. We are independents and we did not like being told that to join AM we had to stop advertising on Rightmove or Zoopla that is dictatorship not a mutual right from the start, My partner made the good point that if they are telling us that what else will they decide to impose later on. Well we have found out now. I would think that a lot of AM agents won’t be happy but whether they complain about this is another matter, they should but already it seems that some replies are just belittling other posters rather than telling us what they really think.
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I cant believe that members voted yes for this!
Lol
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waste of money and time – shame members weren’t consulted – rather money and time spent increasing leads on the stock we have in this country
someone very misinformed on this venture……………….
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It would seem this side of the site is being paid for by additional subscriptions, which presumably will at some point cover the cost of said addon. So what is the problem?
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Would it not have been fairer on the current members if OTM went to the three agents looking to use this bolt on and ask them to fund it?
Believe me its not cheap to develop, implement, market and run this bolt on.
They have taken money from paying members and used that to fund this item that is important to less than 5% of the current members.
It flies in the face of what i thought OTM was set up to do. The majority are paying for the minority and the development / management team have just forged ahead without speaking to their members.
As wardy says above, I was a fence sitter i no longer am.
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At least those Rightmove rates are tumbling down…
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PeeBee
March 3, 2016 at 2:11 pm
Care to ‘out’ me as being better known as the Archbishop of Canterbury?
That way you’ll score THREE IN A ROW?
Well we went through this once before and when I confronted you you actually admitted it, so now your either lying or your not telling the truth.
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“Well we went through this once before and when I confronted you you actually admitted it, so now your either lying or your not telling the truth.”
Mr Jones – you are suggesting that there are only two available answers to the situation:
1 – that I am lying
2 – that I am not telling the truth
Interestingly, you fail to mention there is a THIRD option.
That is a BIG mistake – and a schoolboy error, which is surprising considering it is an awful long time since you were a schoolboy – seeing as the 3rd option is, in fact, the correct one.
Collect your thoughts and have another go. You’re rushing into things – like a boxer with a busted nose, eyes streaming and flapping about blindly in the hope of hitting something – and making an almighty chuff up of it all.
The floor is yours…
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So here we go again Mr Liar, two extract’s below from other sites.
Plb said…
So is the PeeBee poster an EA or not…?
PeeBee: “Will house prices fall – maybe; maybe not. Will I be able to stop them if they do – absolutely not. Do I have to roll over and let the HPC brigade kick my b@lls black and blue – ABSOLUTELY NOT! I will use every last trick in my book to attain the best possible prices for properties I am entrusted with. THAT IS MY JOB.”
PeeBee: “I have no ego. Posting what I do here gives me no satisfaction – but SOMEONE has to… If you want to roll over and let your targets overtake your obligations, then vendors WILL vote with their feet. Trust me – I used to be an Estate Agent! Geez… do I wish I was one now! I’d have a field day…”
(This one you never returned to having been warned off for ranting)
Patrick Steen says:
2 years 5 days ago
Hi PeeBee, please be polite to other commenters even if you disagree them. These are the commenting guidelines you agree to when you comment on Which? Conversation: https://conversation.which.co.uk/commenting-guidelines
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OKAY… as you say – here we go again…
Quote 1. The point of your using this quote is WHAT, exactly? HOW does it possibly lead you to some to the conclusion that I am “retired and no longer an estate agent” OR that I “no longer reside in the UK.”?
Quote 2. Again – the point of cutting and pasting this comment proves WHAT, precisely?
With regard to the third quote you have posted – once again you are sadly, badly incorrect to an embarrassing degree.
Not that you seem to actually MIND the embarrassment that this brings – in fact I would suggest you seem to positively revel in not only looking a complete Muppet – but that as the work involved is all your own, and you have been so thorough in its’ execution, you clearly crave to be accepted as King of the Muppets.
Job done. You wear the crown well, Sir.
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You really can’t stand being proved wrong, your only defiance as always is to insult and slag everyone off.
So what if you have posted again, you still lied and if I proved one lie you cannot be believed again.
Oh I didn’t copy past the one of you retiring abroad, not 100% sure but think it may have been Crete?
Who really cares!
As with the last time we meet on here I am done with you and my job is over again, I was going to say I’m sure at some point you will stop ranting but honestly I don’t think you will. Guess people will have a good laugh at your expense.
DONE.
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“You really can’t stand being proved wrong…”
WHERE have I been proved wrong? Show me. Tell me how.
“you still lied…”
WHERE?
“…and if I proved one lie you cannot be believed again.”
WHERE is the “proof”?
“Oh I didn’t copy past the one of you retiring abroad, not 100% sure…
Yeah – funny, that. Your lack of surety and distance from actuality are the only 100% constants in this whole sorry attempt at clawing back a tiny shred of credibility for past ridiculous comments that I had the damned audacity to question.
“…but think it may have been Crete?”
There you go – completes your full house of ridiculously off-the-mark statements.
You are walking the thinnest of lines here. I understand your reluctance to step off it as the consequence for you is inevitable – but the burden of proof is on you, Sir.
So far you have scored ‘nil point’. Norway has a better record than you.
But I’ll give you this – you’re b100dy awesome at getting things completely and catastrophically WRONG.
Explains a lot…
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Never quick to jump to action when the penny finally drops that you’ve made a complete and utter prat of yourself – are you?
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