OnTheMarket is this morning sending out an email to all its member agents.

The email, from OTM boss Ian Springett, says that overall support for OTM has now reached over 7,000 offices, and that the number of branches listing on the portal stands at over 6,250. His email, which is reproduced fully below, also warns of a “concerted propaganda” campaign against it and draws attention to what Springett calls “connections”.

Dear Agent,

I am pleased to announce that overall support of OnTheMarket.com has reached in excess of 7,000 UK estate and letting agent offices. This figure includes offices which are contracted and those which are covered by Letters of Intent to join Agents’ Mutual and to list at OnTheMarket.com when overall support exceeds 7,500 offices.

Since our launch at the end of January 2015, the number of offices listing on the portal has increased by over 1,650 to more than 6,250.

The figure of 6,250 listing offices excludes the small proportion of firms which, during the 15-month period since our launch, have had their properties hidden because it was evident that they were advertising on more than one other competing portal. We are taking appropriate legal action to ensure that firms meet their contractual obligations.

By contrast, according to its own trading statements (dated 12 February 2015 and 25 February 2016) Zoopla did not grow its listing UK agency offices in the year following the launch of OnTheMarket.com. At 31 January 2015, Zoopla listed 12,902 UK agency offices and this had fallen to 12,841 UK agency offices by 31 January 2016.

Some of our members have told us they have received communications from Zoopla claiming, for example, that:

‘Since last January, we have had over 300 agency offices return to Zoopla Property Group, having left for Agents Mutual’.

We can confirm that this level of returning agents has not occurred in the period since January 2016.

Meanwhile, OnTheMarket.com has reported record traffic and leads again in April. We served over 3.2m users in the month (source: Google Analytics).

Together with thousands of other independent agents, you have created a new portal which we believe represents the best chance for your industry to take back control.

You will be aware of a concerted propaganda, legal and (what some might see as predatory) pricing attack being mounted by those whose interests would be served by seeing Agents’ Mutual fail.

In this context, it may be worth bearing in mind the connections between some of those contributing ‘stories’ and commenting on them in the Estate Agent industry daily news services. Please find a guide to those connections here

We look forward to welcoming to the only agent-owned, agent-controlled portal more and more agents who seek to regain strategic control of their data and costs.

The more agents who join OnTheMarket.com and the sooner they do so, the more powerful the portal will become in continuing to disrupt the duopoly and in providing a first-class alternative search service for consumers and agents alike.

Thank you for your continued support.

Kind regards,

Ian Springett
Chief Executive