Zoopla share price soars as it buys uSwitch in £160m deal April 30, 2015 Property website Zoopla has snapped up price comparison website uSwitch in a £160m deal sending shares surging. The group, which also owns Prime Location, is aiming to become a one-stop shop for property buyers and those moving house. "The acquisition of uSwitch is a significant step in Zoopla's mission to be the most useful resource for [...]
Zoopla: Labour win in General Election would be bad for housing April 15, 2015 Zoopla, the online property portal, says that a Labour victory in next month’s General Election would be bad for the housing market. The firm believes that the party’s policies could have a particularly negative impact on first-time buyers. Zoopla say Labour’s proposal to restrict banks and building societies that accept deposits under the new Help [...]
Estate agent wars: OnTheMarket hits one million mark for unique users three weeks after launch February 18, 2015 Newly launched online property portal OnTheMarket.com said it had its one millionth unique user this weekend, as it continues it battle against the "unfair duopoly" held over the online market by Rightmove and Zoopla. OnTheMarket.com, set up by Agents' Mutual, is backed by estate agents such as Savills and Knight Frank. The rule banning agents from listing properties [...]
Zoopla survives leak to new rival February 12, 2015 THE LAUNCH of a rival property portal has stopped a smaller-than-expected number of estate agents from listing with Zoopla. In a trading update yesterday Zoopla chief executive Alex Chesterman said that around 2,000 agents (11 per cent of Zoopla’s total) had left to join OnTheMarket. “We believe that Agents’ Mutual [owners of OnTheMarket] remains a [...]
Estate agent wars: OnTheMarket hits back at Zoopla February 12, 2015 OnTheMarket has hit back at accusations it will remain "a short term event" levied today by rival Zoopla, saying it's confident of becoming the number two online property portal behind Rightmove in just a year's time. OnTheMarket's "one other portal rule" bans agents from advertising properties with more than one rival website, meaning many must [...]
Estate agent wars: Zoopla hit by the launch of rival website OnTheMarket in January February 12, 2015 Online property portal Zoopla's membership was hit last year as its customers prepared for the launch of new, estate agent-run rival OnTheMarket. Nonetheless, it dismissed the new website's impact as "short-term". OnTheMarket's "one other portal rule" effectively bans agents from advertising properties with more than one rival website, meaning many must choose between Zoopla and [...]
OnTheMarket will need to win the Google battle before it can really challenge Zoopla and Rightmove January 28, 2015 OnTheMarket.com, the new property website from the Agents’ Mutual group of estate agents, launched with much fanfare this week with an apparent threat to the “duopoly” enjoyed by Rightmove and Zoopla. Zoopla, as the less well-visited of the two property portal giants, seemed in particular danger as one of the requirements of OnTheMarket.com meant [...]
Zoopla share price rises 12 per cent with OnTheMarket disappointing as estate agents stay loyal to rivals January 27, 2015 Agents' Mutual online property portal OnTheMarket has got off to a bit of a soft start, largely thanks to estate agents sticking with its rivals Zoopla and Rightmove. Investors took note with Zoopla's share price closing up as much as 12.1 per cent to 190 pence in late afternoon trading. Meanwhile – Rightmove's share price was [...]
OnTheMarket vs Zoopla and Rightmove: We need a buyer-friendly housing market – Bottom Line January 26, 2015 It’s easy to sympathise with the fears of estate agents concerned with a property market increasingly cornered by the duopoly of Rightmove and Zoopla. But OnTheMarket seems to have missed the point of why these sites have become popular – ie. by serving the needs of buyers and sellers. OnTheMarket’s troublesome rule that bans its [...]
Zoopla share price soars as OnTheMarket lands with a thud January 26, 2015 Zoopla shares soared 10.4 per cent yesterday as the launch of rival property portal OnTheMarket (OTM), a site backed by a number of estate agents which has weighed on Zoopla shares for months, underwhelmed investors and resolved confidence in Zoopla. “In our mind the much awaited launch of Agents’ Mutual’s OTM has not lived up [...]