Jason Tebb
OnTheMarket, a CoStar Group online marketplace, has signed a multiyear listing agreement with Leaders Romans Group (LRG), one of the UK’s largest property services firms, to advertise its UK residential sales and lettings properties with OnTheMarket.
The signing comes at an exciting time for the business, with LRG selecting OnTheMarket as one of just two major platforms it will be listing properties with going forward. LRG is the first major agency to advertise with OnTheMarket since its recent acquisition by CoStar Group, furthering OnTheMarket’s goal to become the number one property portal in the UK.
LRG’s fast-growing network of sales, lettings and professional services businesses encompass over 245 branches across many well-known agency brands located throughout the country.
The agreement includes heritage brands Leaders and Romans, alongside Scottfraser, Moginie James, Gibbs Gillespie, Portico, Hose Rhodes Dickson, Acorn, Langford Russell, John Payne and SOWN, who will all advertise their sales and letting properties with OnTheMarket. In addition, as Leaders Romans Group continues to grow and acquire additional brands, any agencies that become part of the group during the listing agreement will also advertise with OnTheMarket.
Jason Tebb, President of OnTheMarket, comments: “I’m really pleased Leaders Romans Group has chosen to commit to our portal as their strong brands continue to evolve and the partnership will help our ongoing push for growth across the country.
“It’s an incredibly exciting time for our agents, with the acquisition by CoStar Group set to accelerate our target of becoming the market leader, bringing industry-leading global expertise and significant financial firepower to help deliver even more value for all our customers.”
Michael Cook CEO of LRG, comments: “We are looking forward to a successful new partnership with OnTheMarket, having been impressed with the continued innovation and development of their platform. We are excited by the opportunities their recent acquisition by CoStar will bring, with industry leading expertise and significant financial backing, we hope to see the OnTheMarket brand flourish over the next couple of years.”
