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New head of development joins leading online estate agency easy property + launching #CRE auctions

Andy Clark [pictured above],who held a product development role at OnTheMarket since before the portal’s ill fated  launch , some 11 months ago, has moved over to becoming their head of product development.

easyProperty Advert - ' Sept 2015 Launch' 

Rob Ellice, chief executive of easyProperty, told @onthemaketblog 

“Andy’s going to be our Head of Product. He’ll be in charge of how our website works and looks and he brings with him a vast amount of experience and knowledge of a portal.” 

easyProperty launch - CEO Rob Ellice's speech

Clarke - who on his LinkedIn profile describes himself as “part of the founding team” at OTM - has an MBA from Imperial College Business School and a number of entrepreneurship awards, is believed to have started at easyProperty at the start of December.

easyProperty is an online agency so is banned from OnTheMarket unlike zoopla primelocation or rightmove.

When asked by various property trade magazines, whether Clarke would be replaced, an OTM spokeswoman said "No comment."

Sir Stelios Haji-Ioannou CEO and founder of easygroup speaks at the easyProperty launch established back in 2014

Ellice will be travelling to the UAE, immediately after Christmas, to consider a number of undisclosed deals on behalf of the brand, which earlier this month revealed that it had raised £25m in its latest round of funding ,totaling five times the target which it sought.

 Interview with easyProperty founders, Rob Ellice & Sir Stelios Haji-Ioannou

Recent commentary from investors, about  Toscafund hedge fund  with a £14m round of investment, with Ellice adding ,that the investment round could have been easily oversubscribed 10 times over.

One of easyProperty’s early 2016 objectives - “which we’ll meet in January or February at the latest” says Ellice - is the launch of residential and commercial online auction services. along with have decided not offer their initial public offering in 2015, on the London stock exchange, though, which did see, the sucessful launch of 

The Appetite for this , business model [fixed fee  no physical office] has a growing consensus with the general public rather than what the industry thinks.The leading online estate agencies have also an been funded by public ,venture capital and private equity.   

Further Reading 

Property News 2015 Highlights @onthemarketblog

Property sales fell sharply in November, says HMRC 

Purplebricks more well known than other online real estate agents on brand recognition says poll

Rogue Landlords to be fined £30,000 & property owners banned for repeat offenses

buying letting renting property and homes, will never be the same again