Online agent Yopa has challenged a claim in an EYE story that a merger of Tepilo and Emoov would put the new entity in second place behind Purplebricks and ready to mount a challenge.
Yopa said that this is incorrect as it already has more properties than Emoov and Tepilo combined.
It gave us these figures:
Tepilo has 2,184 properties listed on Rightmove and 1,475 if you exclude SSTC and sold properties.
eMoov has 2,102 properties listed on Rightmove and 1,375 if you exclude SSTC and sold properties.
So combined, the two would have 4,286 properties listed on Rightmove and 2,850 if you exclude SSTC and sold properties
Yopa has 4,488 properties listed on Rightmove and 2,891 if you exclude SSTC and sold properties so Yopa is already bigger than the combined Emoov/Tepilo entity.
However, the source of the original ‘second place behind Purplebricks’ claim was yesterday sticking to it.
It is known that a third, so far un-named, party is also involved in the merger.
The source told us that when the overall deal is concluded, the new entity will indeed be in second place behind Purplebricks.
There has been no update on the progress of the merger and no comment from either Emoov or Tepilo.