OnTheMarket reports 'encouraging' early sales post AIM listing
Source - SMW
OnTheMarket said that after five days of trading on AIM, agent support for its real estate portal had been 'extremely encouraging'.
The company's sales department had signed up 81 new listing agreements by 5pm yesterday, and there was a 'significant number' of further listing agreements expected to be received as a result of those meetings, the company said.
'The level of agent interest on the ground for the OnTheMarket proposition has been extremely encouraging, not least in terms of the number of offices which have already signed a contract with OnTheMarket during our first week of recruitment and selling,' chief executive Ian Springett said.
'The estate agent sector is highly local in character and early indications are that we are on track in terms of creating local momentum in the marketplace up and down the UK.'
At 9:27am: (LON:OTMP) Onthemarket Plc Ord 0.2p share price was +4.5p at 157p