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On The Market

Open Letter Accuses OnTheMarket of Misleading Shareholders and Calls for Change

Open Letter Accuses OnTheMarket of Misleading Shareholders and Calls for Change *Introduction* In a recent turn of events, OnTheMarket, a prominent property portal, is facing criticism from shareholder Brett Stone. In his second open letter to fellow shareholders, Stone accuses the company of “irresponsibly diluting shareholders” and making misleading statements.… Read More »Open Letter Accuses OnTheMarket of Misleading Shareholders and Calls for Change

OnTheMarket bags another 500 branches with ‘welcome shares’

OnTheMarket says almost 500 branches have signed up in recent months, entitling their business owners to ‘welcome shares’. Of those branches signing up to the new listing agreements, more than 60 per cent are currently contracted to list exclusively with OnTheMarket or on a one-other-portal basis of either Rightmove or… Read More »OnTheMarket bags another 500 branches with ‘welcome shares’

What should OnTheMarket do now? An analyst wants to know…

Prominent agency industry analyst Anthony Codling is asking agents whether the board of OnTheMarket did the right thing by firing Ian Springett. Codling – a prominent analyst formerly at investment bank Jefferies – has issued a 10 question survey asking agents questions including whether they believe OTM was correct in… Read More »What should OnTheMarket do now? An analyst wants to know…