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Here is today’s Breaking News from the estate agency world. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Purplebricks shares sink and Emoov dies: game over for online agencies?

Has the bell finally tolled for online agencies? Emoov’s collapse and an investor revolt over crowdfunding have left a large question mark over the long-term viability...

Emoov listings owner wants more agents to help sell them

The auction company that has acquired some 5,000 vendor listings from the failed Emoov and Tepilo agencies says it wants more agents to help him sell the...

Savills snaps up independent chain to expand London presence

Savills has snapped up an independent London estate agency in what is likely to be one of the last deals of 2018. It has acquired Currell, an...

Email sent to agents was "professional attempt at deception"

The HomeOwners Alliance says a hack on its IT infrastructure was “a professional attempt at deception” by people who uploaded 5,000 email addresses to the organisation’s...

Friday's festive flurry - more agency Christmas windows...

With only 10 days to go before Christmas, surely everyone’s decorations are up by now? It seems that way in the agency world because we’ve been inundated...

Agents Do Charity - a huge it's-nearly-Christmas edition...

So this is (almost) it. Next week may be a quiet one for business as vendors and landlords alike begin to slow down for Christmas -...

Emoov and Tepilo listings 'bought by north of England high street agency'

A Newcastle-based property company says it has acquired the listings of Emoov and Tepilo. It has emailed and texted vendors to say it wants to help them...

Agents beware! Hack emails sent from HomeOwners Alliance address

Agents should be on the alert after what appears to be the hacking of the email account of the consumer group HomeOwners Alliance.  Estate Agent Today has...

Purplebricks: huge revenue growth plus £100m for “relentless innovation”

Purplebricks says it has £100m net cash to exercise “relentless innovation” and benefit from an industry shake-out that will ”expose undercapitalised traditional and online competitors.” In a trading...

Emoov staff hardship appeal flops - only £30 raised in 36 hours

A crowdfunding bid to Emoov’s staff to win financial help over the Christmas period has flopped badly with a paltry £30 raised in the first 36 hours.  The...

OTM offers shares to new members in return for five-year lock-ins

OnTheMarket had told its shareholders this morning that it now has over 12,000 branches listing and is offering share incentives to new recruits. Over the past 11...

£70,000 commission for some London estate agents, says website

Research by comparison website Netanagent claims the commission paid to estate agents in London could be over £70,000 depending on where the transaction is. The research claims...

Grottos and windows - more festive fun as Christmas gets closer…

The world may be going crazy outside but we’re delighted to tell you that in the estate agency industry it’s still nearly Christmas and we’re still...

Conveyancing crisis as number of firms hit eight-year low

The number of active conveyancing firms handling property transactions in England and Wales has fallen to an eight year low.  A market monitor set up by Search...

Yet ANOTHER online agency wants £750,000 crowdfunding investment

Vesta, which describes itself as “the new online marketplace for buying and selling rental property” has launched a bid to raise £750,000 through crowdfunding.  It is using...

Emoov investor row: Crowdcube pledges to update angry crowdfunders

It is now known that at least 32 formal complaints have been received by the crowdfunding platform that helped Emoov raise almost £2m just a few...

Good and bad news: house prices up in 2019, but not in central London

Estate agency Strutt & Parker says that despite Brexit and the economic and political uncertainty accompanying it, house prices in the UK are still likely to...

PropTech Today: My predictions for 2019

It’s that time of year again where we start saying goodbye to 12 months of hard work and start looking forward to the next. It’s been a...

Yule love these Christmas videos and pictures

Maybe it’s the Brexit Blues but something is making the industry excel itself this year when it comes to celebrating Christmas. And thanks so much for...

Purplebricks announces 'hotline' for stranded Emoov sellers

Purplebricks has launched an emergency hotline for customers of Emoov and Tepilo that are stranded by the agencies’ collapse. A statement this afternoon says that Purplebricks chief...

Emoov administrators ‘want £100,000 for remaining vendor listings’

Estate Agent Today has been given details of responses made by administrators to an enquiry about the possible acquisition of some of Emoov’s remaining assets. Emoov, the...

Agencies bite the dust as property sector insolvencies rise

There’s been a four per cent rise in the number of estate agencies becoming insolvent according to a new report. In the year to September 30 some...

Two Brexit blows to London market as uncertainty worsens

Two reports have suggested London’s residential market may be damaged by Brexit - both the past two and a half years of squabbling and the possibility...

Tree-mendous! More Christmas agency office pictures...

Your terrific festive photographs keep on rolling in and we’re delighted to share them with the industry - and we’d like more as Christmas gets closer.  Please...

Housing market 'stuck in low gear for some months to come'

One of the country’s most influential bodies says house price rises over 2019 will be limited to around two per cent - but if the UK...

Emoov: Legal action considered over crowdfunding, claims paper

The Times reports that crowdfunding investors are considering legal action following the collapse of Emoov. The investors in question appear to be some of the individuals who put forward...

Rightmove, Zoopla and OTM denounced as “corporate dinosaurs"

The head of the portal PropertyMutual has accused Rightmove, Zoopla and OnTheMarket of being “corporate dinosaurs” and has called on agents to instead join his platform.  “The...

Industry legend Peter Knight steps down as Agents Giving chairman

Peter Knight, co-founder and public face of Agents Giving, is stepping down as the charity’s chairman. He is to be succeeded by Michael Stoop who is also...

Zoopla trials Property Valuation Report concept ‘to win leads’

Zoopla claims a new Property Valuation Report being trialled in nine areas will win more leads for agents.  The PVR will use information gathered by Zoopla’s data...

Property Jobs Today - the latest industry movers and shakers

Two weeks to Christmas but no sign of our industry slowing down with more job moves announced in recent days.  Please let us know what’s happening in...

Christmas party this week? More decs to get you in the mood...

It’s the start of a new week and many agents may well be having their office parties this week - if so, please don’t forget Estate...

House price rises at their slowest for six years ahead of Christmas lull

House price rises are now the slowest they have been for six years according to the Halifax. Across the UK, property values increased by 0.3 per cent...

Brexit Bedlam: Rightmove and agency give housing market warnings

The chief executive of online agency HouseSimple says “sellers need to be prepared and willing to lower their expectations” in the current market while Rightmove has issued...

"Purplebricks' success in the US is not assured" says top analyst

A leading digital analyst says Purplebricks’ success in the US market is not assured and has expressed concern over whether it is the right fit for...

Emoov boss named one of UK's '500 top tech influencers'

The chief executive of failed online agency Emoov has been named this week as one of the 500 top “tech influencers” in the UK - days...

Your Christmas offices - and today is all about the windows...

Hello again and welcome to the latest display of agents’ Christmas decorations. We’d love to share your windows, trees, lights and even festive jumpers with the rest...

Zoopla targets agency growth under new ex-Apple marketing boss

The ‘new broom’ owners of Zoopla have revealed that Gary Bramall is to be the firm’s new chief marketing officer charged with growing its activities still further. His...

Agents Do Charity - with a festive focus on the homeless...

It’s that time of the week again when we focus on the great work done by the industry, usually without much recognition, to assist those who...

Countrywide pay chief quits after ‘Fat Cats' controversy

Countrywide, which was hit by a row over executive pay during the summer, is now on the look out for a new remuneration chief following a...

Emoov debacle ‘could mean the end of upfront fees’ says online agent

Purplebricks is understood to be pondering the best way to assist victims of the collapse of Emoov without committing money for what is essentially a worthless...

Flips Flop: ‘Some new flats sold on for 25% below reservation prices’

Property analysts say ‘flippers’ - those who buy new homes and sell them quickly, hopefully for a profit - are losing money hand over fist. London estate...

Deck the halls and offices! Here's a Nutcracker, a bow and a wall of lights

Thanks so much for cheering us up in these challenging times with your terrific pictures of this year’s Christmas decorations.  We have three more today, but we...

First time buyers have it easy if they have wealthy parents, says report

Young people whose parents have property wealth are now almost three times as likely to be homeowners by the age of 30 than their peers from...

Purplebricks may be about to help out Emoov's stranded clients

A tweet from Purplebricks’ chief executive Michael Bruce suggests that the agency may be about to play a role in the Emoov saga. The tweet, sent this morning,...

Exclusive: Emoov halved its £100m valuation during crowdfunding pitch

Investment platform Crowdcube has told Estate Agent Today that defunct online estate agency Emoov revised down its company valuation from £104m to £51.8m at the end...

Remaining listings on Emoov 'may be bought within days'

A statement by the administrators appointed by Emoov says there are prospective buyers for the listings on the online agency and a decision is expected “in...

Countrywide share price slips to lowest-ever level

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

PropTech Today: Professor names four issues agents need to be aware of

In his keynote speech at the recent Negotiator Conference, Professor Andrew Baum sparked debate throughout the property industry. Baum’s speech, which began with a rapid fire overview...

A cool Yule video, life-size Santa and festive ties - more office decs!

Hello and welcome to the Wednesday edition of your Christmas agency branch decorations - and what a festive lot you are.  Before we get to today’s frivolity,...

Banned! Advert for 'park home' lodges deemed misleading

The Advertising Standards Authority has banned an advertisement calling properties for sale ‘park homes’ when the buildings themselves could not be lived in year-round, as park...

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