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OnTheMarket Plc

Agent calls for industry to unite behind OnTheMarket after Rightmove price hikes

An estate agent has called for the industry to unite behind OnTheMarket – as a way of reining in Rightmove.

Carl Warden, of Bell Ingram, Perth, suggests that agents could list exclusively on OTM.

Bell Ingram is primarily a chartered surveying firm but Warden heads up its estate agency business across five offices.

He said the firm has recently had its Rightmove prices raised by £150 per month per branch, to £950 per month per branch.

 

OnTheMarket plc (LON:OTMP) provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom. It owns and operates online residential property portal on OnTheMarket.com that offers property for sale and rent, finds agents, student accommodation, farms, estates and land, and property valuation.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.