Boomin Delays Launch Until Next Year in Letter to Agents

December 11, 2020
Share this Post: 

After releasing a snazzy marketing video to attract agents yesterday (which we analyzed here), new UK portal company Boomin has followed up today with an email to agents saying that it will delay the launch of its hotly anticipated portal site until the new year.

The new site, which will include a 'Playground' area for users to contract tertiary services as well as buy furnishings and other products, was due to go live this month. In an email sent to agents who have signed up to list with Boomin however the Executive Chairman and Founder Michael Bruce explains that:

Our plans were to launch in December 2020; to create the quality of execution we know is so important to you and us, we have decided that it would be better to publically launch in early 2021.

As for the reasoning behind the decision, Bruce puts Boomin's delay down to a desire to let employees enjoy well-deserved time off with their families around Christmas and take advantage of the slight relaxation of lockdown rules while they last. It has however been speculated in some quarters that despite a slew of headlines from the Boomin PR machine to the contrary, the new 2021 launch date is due to an underwhelming number of agency sign-ups with a critical mass of agents seen as crucial for the portal's ultimate success from the off.

December 11, 2020
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Jpmorgzedited
JP Morgan Global Online Classifieds Report 2024: Key Highlights Include REA, Scout24 and Rightmove

JP Morgan released its Global Online Classifieds report in November 2024, with marketplace giants REA Group and Scout24 SE both...

Read More
News Roundup 13Dec 1
News Roundup: LeBonCoin, Scout24, Dubizzle, Emlakjet, SearchSmartly

As the year draws to its inevitable close and holiday spirit takes over, a slow news cycle means we are...

Read More
All Uk Portals London 2
UK Roundup: Rightmove, Zoopla and OnTheMarket All Make Announcements

In the United Kingdom, Rightmove and Zoopla have both announced advertising campaigns while OnTheMarket has released its annual review for...

Read More
Zoopla Header 1 3
"AI is a Game-Changer, and We're Obsessed", says Zoopla COO Rich Hayes

In the final part of Online Marketplaces' exclusive interview with Zoopla CEO Charlie Bryant and COO Rich Hayes, we zoom...

Read More

Editor's Pick