OnTheMarket boss blasts Rightmove over pricing when agents are having tough time
Springett raises the stakes in portal wars while OTM agent who quit Rightmove said each lead was costing £150
Springett raises the stakes in portal wars while OTM agent who quit Rightmove said each lead was costing £150
Agents told to use their pricing power and play Rightmove and Zoopla off against each other
Cash burn of £15m worries investment watchers
OnTheMarket shares at new low ahead of further shares being issued today
OnTheMarket applies for issue of over 1m more shares
Twelve agents told they could face legal action if they don’t pay up – but say debt will be wiped if they rejoin OnTheMarket
Agent on free trial says he received notice to quit from OTM after saying his firm would not pay
OnTheMarket says its listings have grown – while Zoopla’s have fallen
New OTM tool designed to help its agents ‘reduce their reliance on Rightmove and other portals’
Market conditions blamed for slower than expected rate in agents converting to full paying contracts