OnTheMarket plc LON:OTMP, the agent-backed company which operates the OnTheMarket.com property portal,this morning announced that in line with the 5-year agreement announced in November 2017, the estate agency firm Chancellors Group of Estate Agents Limited is now advertising its UK residential sales and lettings properties at OnTheMarket.com.
The agreement was conditional upon OnTheMarket plc’s admission to the AIM market of the London Stock Exchange. Under the agreement, Chancellors Estates has also agreed to actively promote the OnTheMarket.com portal brand with digital and branch-based marketing activity. The Group operates a network of over 50 branches across Southern England and Wales, with a strong local presence in Berkshire, Buckinghamshire, Herefordshire, London, Mid Wales, Oxfordshire and Surrey.
The growth in agent support for the OnTheMarket.com portal continues to accelerate, with the number of new listing agreements up from 81 in the first five days of trading on AIM to a total of 243 within the first ten days.