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Spicerhaart honours top-performing agents

Spicerhaart's top performers have been honoured at an awards ceremony showcasing the agency brand’s culture. The 2024 Elevate Awards were hosted by...

27 March 2024

From: Breaking News

The 'personal agent' - threat or opportunity?

Any estate agency will have noticed the rise of the “personal agent” in the industry, with interesting propositions from eXp, The...

16 March 2024

From: Features

Top tips to generate more leads on Facebook

If you saw our recent article, you’ll know that one in five (19.24%) ValPal leads generated via Facebook ads actually went...

26 February 2024

From: Marketing & Social Media

Wealthy buyers hit by tougher lending criteria

Mortgage rates may be falling but tougher lending criteria is stifling many borrowers, including high earners. Research by Investec has found the...

30 January 2024

From: Breaking News

The ValPal Network: Record property leads generated despite slower 2023

A record 1.6m leads were generated through The ValPal Network (TVPN) last year, the proptech firm has revealed. The housing market may...

16 January 2024

From: Breaking News

Agents set for ‘Christmas lead bonus’ if they keep marketing

Agents are being urged to keep marketing throughout the festive season. The ValPal Network (TVPN) suggests the market is set for a...

22 November 2023

From: Breaking News

ValPal launches direct mail service to target 'cold leads'

The ValPal Network (TVPN) has launched a new automated direct mail service to ensure agents don’t miss out on ‘bonus leads.' It...

27 September 2023

From: Breaking News

Prestige & Village continue recruitment drive with a day at the polo

Prestige and Village, the premium property agency firm, are continuing their drive to recruit more estate agents as part of their...

30 May 2023

From: Sponsored Content

Agents ‘seeking better pay’ as staff turnover hits 30%

Annual staff turnover in the property industry sits at almost 30%, with the most common reason given for leaving a job...

30 March 2023

From: Breaking News

Upmarket agency branches out to Dubai

Premium property agency Prestige & Village is expanding beyond its home base in the South East of England. It has launched the...

03 March 2023

From: Breaking News

PropTech Today: 5 things you must do in 2023 to get the most from your tech

Why is it that some agents report seeing little impact/improvement from adopting a PropTech solution when another (similar) agent reports transformational...

15 December 2022

From: Breaking News

The 4 Most Common Mistakes Estate Agents Make Running Google Ads

Inside this short article, my goal is to simply highlight the four most common mistakes l see from reviewing agents' Google Ad...

26 November 2022

From: Features

Phil Spencer's tips to reduce stress and costs when moving

Despite the nation feeling the pinch of living costs, the number of home moves are actually rising as TwentyCi reports a...

05 October 2022

From: PropTech & Innovation

Property Natter - how can agents combat the cost-of-living crisis?

The worst cost-of-living crisis in generations is everywhere we look and agents – and the property industry more widely – are...

24 September 2022

From: Features

Why fraud becomes a major problem in rentals during a UK recession

We are all acutely aware of the surge in demand for rental properties in and around the capital in the months...

01 June 2022

From: Features

Not helping to buy! Government urged to link deposit schemes to house prices

Rising house prices have rendered the government’s Help to Buy ISA scheme useless, an analyst claims. The Help to Buy ISA saving...

12 May 2022

From: Breaking News

Purplebricks’ bonus share pay-out to finance chief

Purplebricks has announced that chief financial officer Stephen Long has been given a shares bonus as part of the company’s performance plan...

30 March 2022

From: Breaking News

Lavish rewards programme launched for staff at agency group

A rewards and recognition programme has been launched at an agency chain, with claims that it will enhance staff careers and...

29 March 2022

From: Breaking News

Foxtons “fails” so should be sold off, says latest angry investor

A Canadian investment fund with a roughly two per cent share in Foxtons is arguing for the agency to be put...

17 March 2022

From: Breaking News

Agents braced for third interest rate rise as economic woes grow

Storm clouds continue to gather over the UK economy with growing inflation, another likely interest rate rise, and a warning from...

14 March 2022

From: Breaking News

Rightmove hit by inflation fears for the housing market

Fears that the housing market may be seriously damaged by the worsening economy led to share price falls for Rightmove and others...

19 January 2022

From: Breaking News

Foxtons sells off London sales agency it bought last year

Foxtons has this morning announced that it’s selling off the sales wing of a rival London agency that it bought just...

14 January 2022

From: Breaking News

Challenges facing the housing market in 2022

It’s been a busy and arguably fruitful year for the property market, with an eager consumer base pushing forwards with their...

17 November 2021

From: Features

Property Natter: are estate agents paid enough?

Agent wages have been in the news this week, with boastful claims from a number of self-employed businesses about the sums...

09 October 2021

From: Features

A Taxing Time: the property industry is set for increases

By the time I next write this column, we’ll be just days before the next Budget and Autumn Statement. So I’ll...

02 October 2021

From: Features

Foxtons to review policy on ‘furlough bonuses’ for senior management

Controversial London agency Foxtons is to review its policy on top management bonuses. This follows a shareholder revolt at the agency's AGM...

29 September 2021

From: Breaking News

Purplebricks executive bonuses given massive shareholder support

Shareholders in Purplebricks have given overwhelming backing to the company’s remuneration policy - including substantial bonuses for senior executives which had...

29 September 2021

From: Breaking News

Businesses, including agencies, hand back £1.3 billion in furlough money

New figures from HM Treasury have revealed that businesses, including a number of major agencies, have returned £1.3 billion in furlough...

22 September 2021

From: Breaking News

RICS scandal - chief executive in talks to stand down

The chief executive of the Royal Institution of Chartered Surveyors, Sean Tompkins, is in talks to step down according to an...

08 September 2021

From: Breaking News

Executive Pay - Purplebricks shareholders get date for key vote

A date has been set for Purplebricks’ shareholders to give their verdict on a controversial remuneration package given to the agency’s...

25 August 2021

From: Breaking News

Look After Your Team. Or Someone Else Will

Like most aspects of life since the pandemic hit, the employment arena has been hit hard. But not just with uncertainty...

21 August 2021

From: Features

Purplebricks exec directors’ bonuses increase five-fold in 2021

Purplebricks’ annual report has revealed that a short term bonus scheme to provide incentives for executive directors to meet financial and...

28 July 2021

From: Breaking News

England player is early graduate of estate agency academy

A former England international is an early graduate of a new estate agency academy in Yorkshire. Rebecca Rayner, a former England under-18...

08 July 2021

From: Breaking News

PropTech and the future of remote working

Working from home used to get a bad rap. With the phrase mocked as ‘shirking from home’, homeworkers were often seen...

23 June 2021

From: Features

ASSESSING THE FUTURE FITNESS OF YOUR BUSINESS IS EVEN MORE IMPORTANT NOW

The current crisis has led to many of us to re-evaluate our lives to ensure that we put ourselves in the...

06 May 2021

From: Sponsored Content

RICS governance crisis - Leading lawyer wants your views

The independent review into the governance of the Royal Institution of Chartered Surveyors is calling for comments. Earlier this year RICS was the...

04 May 2021

From: Breaking News

Furlough funding refunded to government by major agency group

Another major agency group has agreed to repay substantial sums it claimed under the government's Coronavirus Job Retention Scheme, introduced to...

28 April 2021

From: Breaking News

Property Natter: why agency must never become a closed shop

The biggest news story in town this last week – which has brought people who don’t usually like or watch football...

24 April 2021

From: Features

Should agents track the Covid testing and vaccination status of staff?

Potential house buyers may be fine with virtual tours during lockdown periods, but as the country opens up, people are going...

24 April 2021

From: Features

£1m bonus package for Foxtons boss despite huge shareholder rebellion

Controversial Foxtons chief executive Nic Budden is to pocket a bonus package of around £1m - despite a huge shareholder rebellion at...

23 April 2021

From: Breaking News

Countrywide investor’s warning shot at underperforming Foxtons

The veteran estate agent who led criticism of Countrywide’s former management is turning his glare on Foxtons. The London estate agency has...

20 April 2021

From: Breaking News

Foxtons Fat Cats: Has the company been milking the taxpayer?

Foxtons is facing another shareholder revolt over the bonus being given to its chief executive despite taking £7m in state Covid...

15 April 2021

From: Breaking News

Agency chief executive forsakes £1m in bonuses during Covid

The annual report of a major estate agency has revealed that its chief executive took two large cuts to bonus payments...

08 April 2021

From: Breaking News

Countrywide: Where did it all go wrong? A former insider gives his view...

This week’s interviewee in the ‘In Conversation Today’ hotseat is a man better placed than most to shed some light on...

18 March 2021

From: Breaking News

Countrywide boss in bonus storm is given key role in takeover

Paul Creffield, a veteran figure at Countrywide involved in a controversy over bonuses, is staying on to “support” the transition into new...

09 March 2021

From: Breaking News

Controversial Modern Method of Auction wins £80k for Zoopla agents

Zoopla says it has so far delivered almost £80,000 in agent fees through its access to the Modern Method of Auction. MMA...

24 February 2021

From: Breaking News

Three reasons why you should embrace omnichannel marketing

Let’s address the elephant in the room first - the property sector and how we market properties is changing. Gone are the...

10 February 2021

From: Features

RICS in dramatic U-turn after newspaper allegations

The Royal Institution of Chartered Surveyors last night announced a dramatic U-turn in the controversy over a report by an independent...

22 January 2021

From: Breaking News

Covid curbs on agents provide bonus for video viewings

Government guidance on how agents can continue working during the lockdown has given a new importance to virtual viewings, says an...

18 January 2021

From: Breaking News

RICS finance controversy - new allegations made by newspaper

The Sunday Times has made new and detailed allegations regarding the Royal Institution of Chartered Surveyors. For some weeks the newspaper has...

11 January 2021

From: Breaking News

Countrywide senior management in shock decision to quit the company

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

24 November 2020

From: Breaking News

Capital Gains Tax hike is GOOD news for agents, insists top analyst

One of the industry’s leading commentators says an unintended consequence of a possible Capital Gains Tax increase could be a bonus...

13 November 2020

From: Breaking News

Foxtons’ management bonuses stay after ‘voting problem’ revealed

Foxtons has announced that its remuneration policy for senior management is to stay unchanged - and it says a voting problem...

09 November 2020

From: Breaking News

Agencies and businesses offered new tax and jobs schemes

Chancellor Rishi Sunak has outlined his measures to help agencies and other businesses survive Coronavirus. His announcements - endorsed by both the...

24 September 2020

From: Breaking News

Countrywide - 10 own goals in five years

Hindsight is 20-20 vision, of course, and we can all see things we did ‘then’ that we would not do ‘now’....

22 August 2020

From: Features

Purplebricks bonus bonanza despite anti-money laundering blunder

If anyone thought the days of Purplebricks bosses making millions were in the past,  think again. The chief executive and chief finance...

18 August 2020

From: Breaking News

Rightmove’s new finance chief joins on huge salary and bonus potential

Rightmove’s new chief financial officer has a basic salary of £390,000 plus bonus options coming to a potential total of £1.75m. Alison Dolan has...

04 August 2020

From: Breaking News

Countrywide: who will be the next leader of ailing company?

The hunt is on for a new boss of Countrywide according to news reports. Sky News says the company has recruited professional...

22 July 2020

From: Breaking News

Rightmove says no to massive windfall from taxpayers

Rightmove says it’s going to reject over £150,000 in payouts from the government's Coronavirus Job Retention Scheme. The portal furloughed 160 employees...

20 July 2020

From: Breaking News

Stamp Duty changes and Furlough Bonus scheme announced by Sunak

Chancellor of the Exchequer Rishi Sunak has announced that there will be no stamp duty on homes selling for £500,000 or...

08 July 2020

From: Breaking News

Shareholder ‘mini-revolt’ over Countrywide’s top brass pay

There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No...

30 June 2020

From: Breaking News

Property Natter – who are the challenger portals?

The only story that has come remotely close to pushing coronavirus – and its various knock-on effects – off the top...

06 June 2020

From: Features

Dominic Cummings - lessons for the agency industry

Dominic Cummings has been at worst a cause of huge anger to a nation that’s already extremely anxious. At best, he’s been...

30 May 2020

From: Features

Foxtons says latest shareholder rebellion over bonuses is “satisfactory”

Foxtons - which has recently closed branches and furloughed staff - has described a shareholder rebellion over senior management bonuses and pay...

14 May 2020

From: Breaking News

Foxtons shareholder rebellion expected at tomorrow’s AGM

There's widespread expectation that Foxtons’ senior management will face sharp criticism at the company’s Annual General Meeting today. The hottest issue at...

12 May 2020

From: Breaking News

Property Natter: a week in the life of…agents in lockdown!

Lockdown measures are still in place for another two weeks, at least, with the possibility of them being extended beyond that....

25 April 2020

From: Features

Foxtons AGM goes virtual with new management bonus scheme on agenda

Foxtons' Annual General Meeting next month is to be held virtually, meaning voting will be electronic. A feature of last year’s AGM...

21 April 2020

From: Breaking News

Foxtons furloughs 750 staff and slashes pay for high earners

Foxtons says it’s furloughed 750 staff and asked high paid staff earning over £40,000 to take a 20 per cent pay...

17 April 2020

From: Breaking News

Furlough pay - some agents’ commission can be included

The government has amended the eligibility criteria and will allow some agents' commission payments to be included in claims for Furloughed...

07 April 2020

From: Breaking News

NAEA/ARLA ask government to include commission in pay rescue deal

The NAEA and ARLA have jointly written to the government asking it to include agents’ commission in its plans to help those financially...

06 April 2020

From: Breaking News

Furloughing - should it include agents’ commission as well?

One of the biggest issues for agencies at the moment is furloughing - a safety net being offered by the government...

02 April 2020

From: Breaking News

Savills pulls dividend but may make bonus payout at a later date

Savills has withdrawn its planned dividend to shareholders but says it could declare an "enhanced" payout at an unspecified later date. Only...

02 April 2020

From: Breaking News

Up! Up! Prime Central London transactions and prices rise at last

Figures released this morning by data firm LonRes provide the latest evidence of a so-called Boris Bounce with the market improving...

21 January 2020

From: Breaking News

Countrywide, two years after Platt - time for the last rites?

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

11 January 2020

From: Features

Bah Humbug - Do we do too much for first-time buyers?

There are reasons to be optimistic that a majority government will improve the housing market, simply by ending political and economic...

21 December 2019

From: Features

Foxtons closes more branches as London market woe goes on - report

Foxtons is reported to have closed four more branches across London, backing up widespread industry speculation that the agency is retrenching further in...

11 December 2019

From: Breaking News

Here’s why agents need to keep a keen eye on the Christmas Prize

Property voyeurism and the festive season have long been bedfellows for many Brits. The heady combination of over-indulgence and regret, close proximity...

30 November 2019

From: Features

Foxtons bonus row: pay chief steps down with immediate effect

Foxtons has revealed that the chair of the troubled agency’s remuneration committee has stood down with immediate effect. This are also unconfirmed...

15 November 2019

From: Breaking News

Foxtons Fat Cats: new bonus policy created after shareholders’ revolt

Troubled London estate agency Foxtons says it has rewritten its remuneration policy for its senior management following a shareholder revolt at...

14 November 2019

From: Breaking News

Purplebricks execs see off shareholder revolt over bonuses and pay

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

04 October 2019

From: Breaking News

Purplebricks share price dips ahead of today's AGM

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

03 October 2019

From: Breaking News

Purplebricks hopes stamp duty reform campaign will dampen criticisms

Purplebricks - which is at the centre of a string of controversies - has joined the growing campaign for stamp duty...

30 September 2019

From: Breaking News

Purplebricks facing shareholder revolt over top brass bonuses

Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid...

29 September 2019

From: Breaking News

Twitter, FB or Instagram: agents urged to boost social media performance

The Guild of Property Professionals is launching its second tour of 2019 with an added bonus - a free training session...

20 August 2019

From: Breaking News

Developer that offered its boss £75m asks the public what it thinks

Is this the ultimate in accountability or a desperate bid to win back public support for a company damaged by the...

14 August 2019

From: Breaking News

OnTheMarket boss tells agents not to increase Rightmove exec bonuses

A note sent out by OnTheMarket chief executive Ian Springett has suggested that the way estate agents work may directly lead...

30 July 2019

From: Breaking News

Countrywide now “beyond salvation” says former chief executive

Countrywide is now “beyond salvation” according to former chief executive Harry Hill. The industry veteran, who also founded Rightmove, made the remark...

29 July 2019

From: Breaking News

Agents Do Charity - the Phew What A Scorcher edition...

Welcome to this week’s ADC…and what a week it’s been. Politics? No, hot air of a different kind - the weather.  Yet...

26 July 2019

From: Breaking News

‘Steer clear of Foxtons’ - investors urged to stay away

A writer for the influential financial publication Money Week says investors should “steer clear” of Foxtons - at least for now. Sarah...

04 June 2019

From: Breaking News

Fury at Foxtons: Investor revolt at ‘fat cat’ bonuses, finance chief goes

The Annual General Meeting of Foxtons shareholders in London has seen a dramatic rebellion against bonuses for senior management. There were 14 resolutions put...

21 May 2019

From: Breaking News

So farewell Theresa May and thanks for...well, not much

No, this isn’t about Brexit. But as the saga of leaving the EU is likely to bring about the downfall of...

13 April 2019

From: Features

Foxtons: front-office headcount under review as branch closures save £3m

Foxtons has revealed that its six branch closures announced towards the end of last year will save the company £3m in...

29 March 2019

From: Breaking News

Who benefits from Help To Buy? First time buyers or fat cat developers?

The row over whether Help To Buy benefits house builders’ personal wealth more than it assists the housing market is continuing...

27 February 2019

From: Breaking News

Agents' pay scandal: Campaign demands minimum wage

An agent has started an online petition demanding negotiators and others in the agency industry be paid the legal minimum wage...

10 January 2019

From: Breaking News

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...

13 December 2018

From: Breaking News

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...

10 December 2018

From: Breaking News

Emoov’s humiliation - the fallout for the industry

Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...

08 December 2018

From: Features

Agents Do Charity - including one agency’s First World War fund-raising

Hello and welcome to another Agents Do Charity, our round-up of great work done by our industry to raise funds for...

09 November 2018

From: Breaking News

Property Raffles: just the ticket or a complete waste of time?

Raffles are in the news as a way of ‘selling’ homes, and not just because an Irish club has won a...

02 November 2018

From: Breaking News

Budget briefing - Seven things to watch for today

Perhaps it’s been our pre-occupation with Brexit, or on the other hand maybe we’re bored with politics, but this year’s Budget...

27 October 2018

From: Features

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