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, says: “I was very sorry to hear that @emoov has had to go into administration. Sad news for the staff and of course for customers who will be wondering what’s going on.”
It continues: “@PurplebricksUK we will do what we can to help all these customers and ensure they’re not out of pocket.”
More information on the form this help will take is expected in the next 24 hours.
Yesterday a statement by the administrators appointed by Emoov said there were prospective buyers for the listings on Emoov and its subsidiary Tepilo, and a decision was expected “in the coming days.”
On Monday insolvency consultancy James Cowper Kreston was appointed as administrators by the directors of Emoov Limited, Tepilo Holdings Limited and Tepilo Limited.
A statement released by the consultancy yesterday afternoon said recent attempts to find one or more buyers for the Emoov and Tepilo businesses, ahead of administration, proved inconclusive.
“The administrators, nevertheless, want to minimise disruption to the companies’ client homeowners. As a number of prospective buyers have indicated an interest in purchasing the client property listings, therefore, the administrators will be exploring the transfer of these to other providers as a priority” the statement said.
It added that a further announcement on the subject would be made “in the coming days”
Estate Agent Today will report on this further when additional information is received.