British real estate portal OnTheMarket.com is upbeat despite operating losses of £5.7 million ($7.5 million U.S.) in the first half of 2018. The loss is the result of increased investment in staff, technology, and marketing according to its half-year (H1) report.
British property portal OnTheMarket.com has launched a TV campaign highlighting its New and Exclusive feature. The ad encourages house hunters to sign up for property alerts to receive these new listings.
The Zoopla Group announced its founder and CEO Alex Chesterman will "step back from day to day operations" at the end of September. He will remain on the board and act as an advisor.
Real estate listings for Facebook Marketplace in the U.K. to come from Zoopla and OnTheMarket.
British real estate portal OnTheMarket.com is tackling a new development challenge as it looks to transform recently signed agencies into long-term paying clients, CEO Ian Springett said.
A regional hybrid agency, BuryProperty.co.uk, has launched in the English town of Bury, in the Greater Manchester area. It offers a fixed-fee package for £1,500 ($1,987 U.S.) upfront, making it one of the most expensive hybrid agencies in Britain.
British real estate portal OnTheMarket.com has reached 550,000 residential property listings, about half of the U.K. market. It has grown its number of agent offices from 5,500 to 9,500 since it listed on the London Stock Exchange (LSE) in February.
British hybrid real estate agency Doorsteps.co.uk has reportedly sold hundreds of millions of dollars worth of property --- without advertising. It has also made 19-year-old founder Akshay Ruparelia the youngest person on The Sunday Time's 2018 Rich List.
British hybrid agency 99Home.co.uk has launched a new Express Letting service that will give private landlords the chance to list on top real estate verticals Rightmove, Zoopla, and PrimeLocation. All three portals officially accept advertising from agents only.
The Australian Competition and Consumer Commission has approved REA Group’s planned acquisition of property data firm HomeTrack.