Agent-backed OnTheMarket plc, the parent to property portal OnTheMarket.com, has recently announced that it has entered yet another long-term listing agreement with 12-branch real estate and letting agent firm, Jackson Grundy.
Formed in 1994, Jackson Grundy, based in Northamptonshire, has 10 sales branches and two lettings branches.
David Jackson, Managing Director at Jackson Grundy, said: “In light of frequent and significant price rises from one portal, and a question mark over the future direction of another, we felt now was the right time to give our support to OnTheMarket.
“We have been impressed with the recent growth in traction and the vigor shown in growing the membership base. Jackson Grundy looks forward to playing a part in the progression of the agent-backed portal, and we are confident our clients will greatly benefit from this new relationship.”
Helen Whiteley, Commercial Director at OnTheMarket.com, said: “It’s exciting to see yet another long-established, large firm such as Jackson Grundy deciding to join OnTheMarket. It strengthens our market position in Northamptonshire and we are looking forward to working closely with Nick and his team.”
OnTheMarket plc announced on 1 November 2018 that 11,500 agent offices were in contract with the portal. This increase of more than 6,000 branches since Admission in February was achieved in less than nine months.
Since OnTheMarket’s Admission to the AIM market of the London Stock Exchange in February, a broad range of agency firms have decided to throw their weight behind the portal.
Other large firms have joined OnTheMarket, including Arun, Belvoir, Chancellors, and Hunters.
SOURCE OnTheMarket plc
Edited by V. Haviland
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