Tag: zoopla


HouseSimple introduces no-sale, no-fee model

HouseSimple introduces no-sale, no-fee model

British online agency HouseSimple.com has introduced a no-sale, no-fee model. Homeowners pay nothing upfront. A fee of £995 ($1,393 U.S.) is payable on completion of the sale. According to its online calculator, sellers could save £2,755 when selling a £250,000 house and £5,755 on a £450,000 house.  The HouseSimple service includes a free home visit for valuation, photos, and floorplan; a dedicated “property expert”; instant viewings, feedback and...

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OnTheMarket doubles traffic

OnTheMarket doubles traffic

British real estate portal OnTheMarket.com reported it has doubled its monthly traffic to 12 million visitors in its first full month on the London Stock Exchange (LSE). The site listed on the LSE AIM market on February 10, 2018.


OnTheMarket averages 24 new agencies per day

OnTheMarket averages 24 new agencies per day

British property vertical OnTheMarket.com announced that 243 agencies joined its ranks in the first 10 days following its float on the AIM market of the London Stock Exchange (LSE). These signings are a boost for the company, which had ups and downs on its way to the LSE. In a statement, OnTheMarket announced it’s signed a five-year agreement with the firm Chancellors Group of Estate Agents...

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Yopa introduces no sale, no fee option

Yopa introduces no sale, no fee option

British hybrid real estate agency Yopa.co.uk has introduced a “no sale, no fee” option for homeowners. Its “core bundle” starts at £1,495 ($2,100 U.S.) for properties outside of London, with a premium bundle starting at £1,795 ($2,500 U.S.). This option brings Yopa in line with other U.K. hybrid agencies like EMoov.co.uk, which offers a single rate of £1,495 for its no sale, no fee package. Yopa’s...

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OnTheMarket makes stock market debut

OnTheMarket makes stock market debut

OnTheMarket.com, the third-largest real estate portal in the U.K. has joined rivals Rightmove and Zoopla as a publicly traded company. The property site, founded as a cooperative by Agents’ Mutual, listed on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE) on February 9, 2018. The London Stock Exchange announced that OnTheMarket “joined the market today with an initial market capitalisation [sic] of...

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Zoopla starts strong, OnTheMarket loses ground

Zoopla starts strong, OnTheMarket loses ground

The first month of 2018 brought differing fortunes for two of the top property classifieds in Britain. The Zoopla Group, the parent of number two portal Zoopla.co.uk, announced it is attracting an average of 53 million visitors per month. Meanwhile, third-place challenger OnTheMarket.com lost some 200 agency branches in the past months. These figures, though not direct comparisons, give a sense of the power imbalance...

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OnTheMarket sets float date

OnTheMarket sets float date

British real estate site OnTheMarket.com will launch its initial public offering on the London Stock Exchange’s Alternative Investment Market (AIM) on Friday, February 9.  The company said it expects to raise £30 million ($42 million U.S.). OnTheMarket, which was founded by Agents’ Mutual as a cooperative to challenge the hegemony of RightMove.co.uk and Zoopla.co.uk, originally hoped to raise around £50 million ($70 million U.S.). The new £30 million figure...

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OnTheMarket adds 250 branches to client list

OnTheMarket adds 250 branches to client list

OnTheMarket.com, the British property platform founded by the Agents' Mutual cooperative, added some 250 branches to its client list. This is thanks to agreements with two leading real estate agencies, namely Chancellors Group and Hunters Property Group.


Image via ZPG.co.uk

Zoopla Property Group reports on record year

The Zoopla Property Group (ZPG), owner of leading U.K. sites Zoopla.co.uk and PrimeLocation.com, reported a record financial performance for the full FY2017. The highlight was overall revenue growth of 24 percent y-on-y. According to the report, revenue increased from £197.7 ($266 million U.S.) in FY2016 to £244.5 ($329.2 million U.S.) in FY2017. Adjusted EBITDA grew from £77.1 million to £96.4 million, a 25 percent increase y-on-y....

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Yannups launches free sale-by-owner platform

Yannups launches free sale-by-owner platform

British property sellers have a new option, a free sale-by-owner site, Yannups.com. Founded by Italy-based, British real estate professionals Nick Ferrand and Victoria Greenwood it puts owners in full control of the sale process. “Yannups is not an estate agency,” according to its About page. “Yannups is free, absolutely free. No commission, no fee.“ It allows sellers are able to list their property, organize viewings,...

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