OnTheMarket launches Your Property Services

OnTheMarket plc

16 June 2023

 

16 June 2023

ONTHEMARKET PLC

("OnTheMarket", the "Group" or the "Company")

OnTheMarket launches Your Property Services

OnTheMarket plc (AIM: OTMP), the majority agent-owned company which operates the onthemarket.com property portal, is pleased to announce the launch of Your Property Services ("YPS") a sales and lettings data nurturing service to help estate agents generate additional revenue and win more instructions through valuations.

YPS provides a dedicated team of specialists to act as an extension of an estate agency's in-house team, nurturing their database to deliver valuations and create a pipeline of well-qualified and motivated leads.

The YPS team is briefed by each agency on the details of their business so that engagement is tailored to their tone of voice. In addition, the YPS team uses a local area number that matches to the branch to provide for familiarity and consistent service. YPS was piloted last year, receiving positive feedback, and already counts Carter Jonas and Dawsons, amongst others, as customers.

Jason Tebb, Chief Executive Officer of OnTheMarket, comments: "We are delighted to be providing agents with Your Property Services as an extension of their branch. Our dedicated team of specialists are experts in taking applicants, potential sellers and landlords and nurturing leads to serve them 'oven ready' to our agents for a valuation appointment, for example, or to find the most willing and able buyers and tenants. This new highly cost-effective service levels the playing field and helps agencies maximise the value of a database they've spent years building, but don't have the resources to fully exploit.

The launch of YPS is another key step in our evolution towards becoming a 'one stop shop' technology company that provides value-add services for agents across the entire property ecosystem. Most importantly, YPS solves a problem in an innovative and highly effective way helping our clients generate additional revenue. We are, after all, the agents' portal and our customers are at the heart of everything we do."

Ends.

For further information, please contact:

OnTheMarket                                                                                        0207 353 4200

Jason Tebb, Chief Executive Officer

Simon Bullock, Interim Chief Financial Officer

Teneo                                                                                                   0207 353 4200

Giles Kernick

Alec Tidbury

Zeus Capital (Nominated Adviser/Joint Broker)                                0203 823 5000

Jamie Peel, Martin Green, James Hornigold

(Investment Banking)

Benjamin Robertson (Corporate Broking)  

Shore Capital (Joint Broker)                                                                 0207 408 4090

Daniel Bush, John More (Corporate Finance)

Fiona Conroy (Corporate Broking)

Background on OnTheMarket:

OnTheMarket plc, the majority agent-owned company which operates the onthemarket.com property portal, is a leading UK residential property portal provider.

Its objective is to create value for shareholders and property advertiser customers by delivering an agent-backed, technology enabled portal - offering a first-class service to agents and new homes developers at sustainably fair prices and becoming the go-to portal for serious property-seekers.

OnTheMarket provides a unique opportunity for agents to participate in the equity value of their own portal. Agent backing and support enable OnTheMarket to display 'Only With Us' properties which are either exclusive properties advertised at onthemarket.com by customers who do not list their properties with either Rightmove or Zoopla, or properties listed 24 hours or more before agents release these properties to Rightmove or Zoopla.

 

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