OnTheMarket launches Your Property Services

OnTheMarket

16/06/2023 07:00

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RNS Number : 8965C  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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