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More details emerge of Purplebricks' LPE expansion programme

Purplebricks has released more details of expansion plans to recruit hundreds of additional Local Property Experts.

The recruitment drive was launched yesterday - Estate Agent Today reported it here - and the hybrid agency makes no bones about its overall ambition, which according to a statement is “to become the biggest estate agent in the UK.”

Now its website reveals specifics about where its new recruit LPEs are being sought.

LPEs are required in Worcestershire, Cornwall, Wiltshire, Hampshire, Gloucestershire, Devon, Dorset, the Isle of Wight, Bristol and Somerset, many regions of Scotland, Yorkshire, Lancashire, Tyne & Wear, Greater Manchester, Durham, Northumberland, Cumbria, Lincolnshire, Derbyshire, Oxfordshire, parts of East Anglia, swathes of the East Midlands and West Midlands, Hertfordshire, Surrey, Sussex, Essex, Cardiff and parts of Greater London.

LPE advertisements all claim that on target earnings will be £45,000 per year.

Specific Local Lettings Experts are required in St Alabns (with OTE £60,000), London (OTE £55,000) and Medway (OTE £45,000). 

After the announcement of the recruitment drive yesterday, Purplebricks’ share price hit a new high of 454.75 - over four and a half times the value when the agency launched to the stock market in December 2015. It eventually closed at just over 452.00.

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