Zoopla Sees Positive Feedback from Over 100 Agents Utilizing MMoA

December 3, 2020
Share this Post: 

Since Zoopla partnered with auction platform iamsold, over 100 Zoopla members have offered to sell properties through the Modern Method of Auction (MMoA) via iamsold. The British portal also announced that since the start of the partnership, MMoA sales have raised over £800,000 in capital value for agent vendors and earned £31,000 in agent fees. 

Jamie Cooke, Managing Director at iamsold, said: 

“There are clear benefits for Estate Agents and it can be a lifeline for vendors relying on a quick and secure transaction, which Private Treaty can’t always promise.

“Zoopla’s backing to join us in driving forward this positive change is invaluable. Not only is it expanding our network of Partner Agents and auction champions, it’s hugely contributing to the work we’re doing to change the perceptions of auction to grow its market share even more. It’s an exciting time for auction.”

The agent feedback has been outstandingly positive, with this being a new avenue for agents to diversify their client offerings and expand past the traditional business model of selling properties in the UK. 

Andy Marshall, Commercial Director, Zoopla, said:

“An increasing number of agents are realizing these benefits and we’ve no doubt this will continue to grow as we head into what promises to be an exciting end to the year.”

Zoopla expects another 200 more agents to sign up in the coming months.

December 3, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Scout24 Generic Financial
Scout24 Distributes $69.4 Million in Dividends

Scout24 SE, parent company of German real estate giant ImmoScout24, has agreed to distribute €66.4 million in dividends, or €0.85...

Read More
Rightmove
Rightmove Bans Listings Without Prices

Rightmove is no longer accepting property listings that do not have a specific price. Rightmove made the changes to comply...

Read More
Onthemarket Acquires
OnTheMarket Introduces Flexible Office Listings

OnTheMarket will add around 4,000 listings to its platform after partnering with flexible workspace platform Instant Offices. The deal will...

Read More
Zillow Ship Wreck
Zillow to Layoff 55 Employees in iBuying Business Shutdown

Zillow Group Inc. will lay off 55 employees in Texas as it continues its exit from the home-flipping business. The...

Read More

Popular News