LATEST: Crunch time looming for new OnTheMarket chief

first_imgHome » News » Marketing » LATEST: Crunch time looming for new OnTheMarket chief previous nextMarketingLATEST: Crunch time looming for new OnTheMarket chiefPortal to announce first results since arrival of CEO Jason Tebb three months ago, and launch of rival Boomin.Nigel Lewis20th April 20213 Comments566 Views Challenger portal OnTheMarket.com is to reveal its preliminary results for its financial year ending January 31st on 8th June.This will be the first test for recently-arrived CEO and former estate agent Jason Tebb, who has now been in post for three months.Its approximately 13,000 listing branches will be looking to see if the portal is making headway against its key competitors Rightmove and Zoopla, and whether it can keep ahead of its most existential threat, challenger portal Boomin, which recent revealed it has 5,000 plus branches signed up.“I wanted to take the time after I joined the OnTheMarket last December to assess the business, learn what our customers expect from a portal and what consumers need and want from us too,” says Tebb.“As many will already know, we’ve run a series of ‘town halls’ since the beginning of the year which has given me the opportunity to speak to literally hundreds of agents in a very short timescale, together with the fantastic feedback I’ve had via email and direct messages on social media from agents who have seen that I am prepared to listen, understand and then action.”Clever thingsSenior agents have also been talking publicly about their views on the portal. Lee Wainright (left), former Purplebricks and Countrywide senior, and now FocalAgent CEO, recently told Chris Watkin that OnTheMarket “has done some clever things although they’ve shot themselves in the foot a few times but actually they represent the estate agent as a consumer that wants something different.“You’ve got a situation where the portal landscape needs to do more for agents, and it will be interesting to see if Boomin is the answer.“Rightmove is a necessary evil, but its offering is starting to look a bit old hat.”Watch Tebb being interviewed:  Read more.jason tebb Boomin Lee Wainright Rightmove OTM April 20, 2021Nigel Lewis3 commentsMichael Day, Integra Property Services Integra Property Services 20th April 2021 at 8:54 amThis article is either inaccurate or Nigel Lewis has some inside information that hasn’t hit the market yet!!OTM reported having 12,500 branches in their investor report just six months ago and, I would imagine this has grown since.Boomin announced c5000 at launch and have undoubtedly grown further since – perhaps 6000 at the time of writing.There is, of course, a huge difference between 6000 and 12500+ and important to set the record straight.Log in to ReplyNigel Lewis, Online Editor, The Negotiator Online Editor, The Negotiator 20th April 2021 at 9:23 amThanks Mike – yes indeed 12,500 is correct!Log in to ReplyMichael Day, Integra Property Services Integra Property Services 20th April 2021 at 10:30 amHi Nigel – obviously an important detail. Well done and thank you on on amending. Hope you are well.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

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