Archive

Analysts have given their backing to Rightmove’s stock market prospects but there are warnings that it can’t “rest on its laurels”...

LSL non-executive chairman David Barral has left the estate agency and property brand’s board after just 11 months in the role. Barral...

OnTheMarket (OTM) chief executive Jason Tebb has declared “our time is now” after shareholders backed a takeover of the portal by...

OnTheMarket shareholders have backed a takeover of the portal by US-owned property brand CoStar UK. It will bring an end to the...

OnTheMarket (OTM) critic Brett Stone has failed to get the Takeover Panel to intervene in the acquisition of the portal by...

OnTheMarket (OTM) has accepted a takeover offer for the business. A stock market announcement this morning, following its interim results, said Co-Star...

The slower sales market has started hitting high-profile agency and property brands. Agency franchise brand Winkworth’s half year results yesterday showed network...

Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...

Shareholders have backed the sale of Purplebricks to online rival Strike. A general meeting was held this morning for shareholders to consider...

Zoopla founder Alex Chesterman has fallen out of the 2023 Sunday Times Rich List while Foxtons supremo Jon Hunt has seen...

Purplebricks has agreed a sale of its business to online rival Strike for a consideration of £1. It brings an end to...

Online agent Strike has been granted an exclusivity period to negotiate a possible takeover of its rival Purplebricks. A late stock market...

LSL Property Services’ share price hit a six-month high during trading yesterday after it announced its entire estate agency network would...

Smoove has confirmed press speculation that it may be up for sale. The agency and conveyancing software provider issued a stock market...

Purplebricks was the top brand for new listings and sales agreed during March, new data shows. A new quarterly market report launched...

Purplebricks’ share price hit a new low during trading yesterday amid its latest update on the potential sale of the beleaguered...

Purplebricks remains in discussions with “credible bidders” about a sale of its business, a stock market update has revealed. An announcement from...

LSL has sold its mortgage, protection, and general insurance brokerage firms Embrace and First2Protect. The brands have been sold to Pivotal Growth,...

Purplebricks has confirmed that it has been in discussions with online agency rival Strike regarding a potential takeover offer. As reported by...

A representative of major Purplebricks shareholder Axel Springer has stood down from the online agent’s board. It comes as the beleaguered brand...

Purplebricks has received “several credible expressions of interest” since putting itself up for sale last month, the online agent has revealed. The...

More than 3m of shares have been placed in a dedicated facility established by OnTheMarket (OTM) after its initial public offering...

An internal review has found examples of non-compliance with regulations at Purplebricks, the online agent’s half-year results have revealed, which could...

Estate agency branches are bracing themselves for “a very difficult few months,” the National Association of Property Buyers (NAPB) claims. The NAPB...

Two Foxtons directors have vowed to stand down from the agent’s board following opposition to their re-election at the company’s annual...

Conveyancing software provider Smoove is set to rollout a new flagship estate agency product following a successful trial phase. Smoove Start was...

Former Evolve staff are being offered £2,000 ex-gratia payments by the easyGroup after its ownership of easyProperty ended. Jason Bull, national sales...

Purplebricks’ non-executive chairman has upped his stake in the beleaguered online agent ahead of the company’s annual general meeting (AGM) next month. A...

OnTheMarket has issued new shares for agents who have signed new long-term listings agreements. The listed portal said in a stock market...

Proptech firm iamproperty has overhauled its movebutler platform with more material information features and a Love Island theme. The end-to-end onboarding and...

Foxtons has announced the acquisition of two estate agents worth £10.55m. The listed agency giant has acquired IMM Properties Ltd, trading under...

Share prices of estate agencies and property companies plummeted yesterday as tensions continued to rise following the Russian invasion of Ukraine. Purplebricks...

The industry big hitter who joined Connells on a temporary basis to support its acquisition of Countrywide has now become its commercial director and a...

A prominent analyst says he expects a U-turn on the “folly” of interest rate rises sooner rather than later - but...

Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...

A torrid period for Purplebricks' share value means it opens stock market trading today with a price of just 33p.  This is less...

Swiss investment bank UBS has advised investors to sell their Purplebricks shares as the market share for the controversial agency appears...

OnTheMarket, which a few days ago indicated it was in profit for the first time, is to woo potential new investors...

Rightmove have been given a strong endorsement by an influential stock market tipster service, Investing.com.  “Rightmove has built a strong brand, delivered...

The Countrywide name is set to disappear from the stock market in a week’s time - and may soon be gone...

This time out, I’m in conversation with one of the big three established portals. Since it was founded in 2007, Zoopla...

There’s been a flurry of recent activity involving agencies quoted on the London Stock Exchange: Hunters, The Property Franchise Group and...

Here’s hoping you managed to have as good a Christmas and New Year as Covid rules allowed. Journalism in early January is...

Purplebricks has named a new non-executive director - and currently she has 36 other company directorships or partnerships to her name. Elona...

Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one...

For a number of years now, predictions have been made that one of the major tech giants will eventually enter the...

In the week the Nationwide recorded the UK’s highest ever average house price, high-end agency Savills has forecast that prime markets...

Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...

“Let’s Zoom later”, “are we Zooming in the morning or afternoon?” “Yeah, I zoomed the client earlier” – variations on these...

The brothers who founded Purplebricks - Michael and Kenny Bruce - have returned to the agency industry for the first time...

The founder of OnTheMarket has revealed why the portal floated on the stock market and why Ian Springett was the right...

The Say No To Rightmove campaign, which expects to have some 3,000 offices signed up by the end of the month,...

The extraordinary past week of anger over portals’ fees plus early-warning statements like that from Foxtons indicate the anxiety in the...

Countrywide shares fell by just over 30 per cent yesterday as the stock market blood-letting continued for property stocks. The value fell 30.86...

It's been revealed this evening that Bruce Marsh, who was to become Countrywide's chief operating officer, is now not going to...

Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out...

Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some...

Both Countrywide and LSL Property Services have submitted early online paperwork to The Panel on Takeovers and Mergers, an independent body...

It’s been revealed that under takeover rules, LSL Property Services and Countrywide have until March 23 to make merger or takeover...

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...

An outspoken industry commentator says some of the country’s leading agencies are failing because they’re not actually run by experienced agents. Russell...

Zoopla has revealed large growth in agency membership and visitor figures for 2019. Since being bought by US equity firm Silver Lake,...

In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...

Rightmove has announced the start of a two-month share repurchase programme - a way of buying its own stock back from...

For the stock market generally, 2019 has been a positive year - but a few high profile agencies and associated companies...

The financial consultancy advising OnTheMarket says the portal company will be in profit by Easter next year. “We now expect OnTheMarket to...

A high-profile investment advice service says as OnTheMarket nears two years listed on the stock market it “has yet to deliver...

The Great Debate over the charges levied on agents by portals and the huge profits that Rightmove and Zoopla make has...

OnTheMarket has this morning posted its latest results to the stock market. The portal reports that 2,346 branches had converted to full-paying...

The share price of the UK's largest estate agency remained steady yesterday following its appointment of a new chief operating officer. Countrywide...

Welcome back to Property Jobs Today - your Monday roundup of all the latest employment news from the industry. If you have...

Purplebricks' senior management avoided a shareholder revolt yesterday during the company's Annual General Meeting (AGM). Last weekend, it emerged via the Sunday...

The Purplebricks share price dropped by 1% to 108p yesterday as investors prepare for today's Annual General Meeting. The hybrid agency's market...

It never rains but it pours. And that’s certainly been the case for the online estate agency sector in the last...

Purplebricks’ recent strong share price rise is not a good sign for the agency but an indication that it may be...

The former Countrywide chief executive Grenville Turner says it is an option for online estate agency Yopa to go to an...

A free-to-list property portal says that contrary to opinion within parts of the agency industry, the more portals there are the...

Now could be the time to buy shares in Purplebricks and Foxtons if one stock market pundit turns out to be...

The new chief executive of Purplebricks believes hybrid agents could win '20-30% market share' in the UK. Vic Darvey, who replaced Michael...

An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of...

We like a good video here at Estate Agent Today, and we know our industry can take a joke even if...

It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today...

Estate Agent Today understands that Countrywide has started a programme involving branch closures and redeployment of staff. Unlike other branch closure programmes by...

Following yesterday's surprise news that founder Michael Bruce is leaving the business and its Australian operation is closing down, Purplebricks encountered...

Another bank has slashed its forecast for Purplebricks, citing concerns over its the long-term viability of its international activities in particular. As...

A PropTech analyst insists that the tumbling share price of Purplebricks on the London Stock Exchange does not indicate that the...

The Daily Telegraph has gone public with City speculation that Chicago-based real estate consultancy JLL may be interested in buying Savills. Both...

Alongside hundreds of agents and suppliers, I recently attended the Guild of Property Professionals’ annual conference. As ever, it was a great...

Former Emoov chief executive Russell Quirk has made his first on-the-record comments about the factors behind the dramatic collapse of his...

As 2018 ticks away and 2019 beckons, it’s time for everyone at Estate Agent Today to wish you, your family and...

Countrywide’s share price fell to its lowest-ever level yesterday - evidence that it’s not just online estate agencies that are having...

As scary Halloweens go, yesterday was quite a shocker for Britain’s online estate agency sector - and not in a good...

Purplebricks’ share price dropped yesterday to barely over 200p - its lowest level for some 18 months and reflecting a near...

OnTheMarket plc, the company which operates the OTM portal, gives its first formal stock market figures tomorrow morning, for the six...

Zoopla Property Group's founder and chief executive, Alex Chesterman, is to step back from day to day operations at the end...

Franchise giant Hunters has reported its latest results to the city, showing impressive growth despite a slow-moving property market. In the six...

One of Countrywide's major investors has significantly reduced its holding in the troubled estate agency group. Oaktree Capital yesterday lowered its stake...

Following the first day of trading its new shares yesterday, Countrywide's share price finished at 12.52, down almost 4%. The new shares were...

At first sight, to suggest this is a good time for an agency business to go for an IPO - that...