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Remind your clients: UK agency fees are competitive

There’s much said in the mainstream press about estate agency fees and how costly they can be for consumers. But one point...

11 October 2017

From: Sponsored Content

Warning: Don’t fall foul of competition rules after CMA fines

The decision by the Competition and Markets Authority (CMA) to fine five estate agents for engaging in a price fixing cartel has...

07 October 2017

From: Features

Agents Do Charity - the falling leaves edition...

It’s not just that the days are shortening and the occasional smell of smoke lingers in the evening - the weather...

06 October 2017

From: Breaking News

UK agency commission amongst lowest in world, new survey shows

UK estate agency commission levels are amongst the lowest in the world according to a league table compiled by an international...

03 October 2017

From: Breaking News

Vast majority of sellers say local branch staff are key to selecting agent

The vast majority of sellers surveyed by a consumer group say rapport with branch staff in a locally-based office is important...

29 September 2017

From: Breaking News

Traditional agents blame onliners for chain delays and fall-throughs

There is growing concern that online agents who do not chase-up on behalf of clients are leading to delays and fall-throughs...

25 September 2017

From: Breaking News

How many agency business models are there today?

It used to be so easy. Around 20 years ago there were what we now call full-service estate and letting agencies, and...

23 September 2017

From: Features

New London agency wants to employ over 20 freelance agents

A company launching later this month, set up by an ex-Chestertons agent, wants to employ over 20 freelance associates who can...

19 September 2017

From: Breaking News

'Cartels Hotline' launched on back of disgraced agencies' case

The Competition and Markets Authority - which yesterday released details of an infamous cartel case involving estate agencies - has now...

19 September 2017

From: Breaking News

CMA releases details of estate agents' cartel scheme

The Competition and Markets Authority has for the first time published details of the findings against a group of six estate...

18 September 2017

From: Breaking News

Service lists High Street agents that are 'Purplebricks Price Beaters'

An online platform that allows the public to compare the services and fees of traditional estate agents in their areas has...

12 September 2017

From: Breaking News

easyProperty relaunches, claiming to be UK's second-biggest hybrid

easyProperty has unveiled details of its relaunch, declaring itself to be the UK’s second largest hybrid estate agency - second only...

07 September 2017

From: Breaking News

Agency earns £350,000 in commission from 'disgruntled' online sellers

Arun Estates reports that it has netted an additional £350,000 in fees thanks to a scheme designed to woo vendors using online...

06 September 2017

From: Breaking News

Vetting tenants to ensure they are all they seem

When a tenant failed to pay any rent after the first month his tenancy last year, the landlord did not expect...

26 August 2017

From: Features

Would your clients get the needle about an estate agent with tattoos?

A new survey commissioned by a property firm suggests that 31 per cent of people feel uncomfortable about the idea of...

25 August 2017

From: Breaking News

Full-service agents achieve over 5% higher sale price, research shows

Research in the United States shows that traditional full-service estate agencies achieve better sale prices than the biggest alternative in that...

24 August 2017

From: Breaking News

Property Natter – are you GDPR-ready?

Are you protecting your data right? This may sound like the sort of direct warning you get from cold callers or...

19 August 2017

From: Features

Banned!  Online firm claimed High Street agents charge 1.5% to 4%

The Advertising Standards Authority has banned online agency HouseSimple from claiming that High Street agents charge “1.5% to 4% (plus 20%...

16 August 2017

From: Breaking News

EweMove boss named as part of Property Franchise Group new blood

A new managing director has been named for EweMove - with the promise of more high-level appointments to come for the...

15 August 2017

From: Breaking News

Guild says first white-labelled auction wins £18,000 commission for agent

The Guild of Property Professionals says the first sale through its white-labelled Guild Auctions operations has produced over £18,000 in commissions...

10 August 2017

From: Breaking News

London agent defies downturn by opening new office next month

Marsh & Parsons will be opening a new office in Islington on September 4 - defying many analysts who say the...

07 August 2017

From: Breaking News

Purplebricks told to slow growth and get its house in order by City analyst

After a roller-coaster day on the Stock Exchange yesterday, Purplebricks has sought to defend itself against further possible share price losses...

03 August 2017

From: Breaking News

HIP, HIP, Hooray - The Other 10-Year Anniversary

  You’ll see a lot of 10th anniversary stories in the property industry and consumer media in the coming days: early August...

28 July 2017

From: Features

Foxtons' slump in sales means 55% of revenue now from lettings

Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how...

27 July 2017

From: Breaking News

Purplebricks faces new hybrid rival as it attempts to break into Australia

Purplebricks’ well-publicised attempt to break into the Australian market with a similar model to the one being used here has come...

27 July 2017

From: Breaking News

Agency franchise group reveals newest local property experts

Franchise estate and lettings group HomeXperts has announced the latest areas where it has recruited local property experts. They are Berkshire, Essex, Kent and...

21 July 2017

From: Breaking News

NIMBYs tell government: We won't be bribed over new homes

The government has published the findings of research which suggest that very few local opponents to new homes will be bought...

21 July 2017

From: Breaking News

New warning to agents that data law change could prove costly

For the second time in two weeks, experts are warning that new data protection laws could seriously disrupt the agency industry...

18 July 2017

From: Breaking News

Huge overhaul of agents' data protection systems needed, says expert

Estate and letting agents are being urged to prepare for new data protection legislation coming into effect next year - but...

11 July 2017

From: Breaking News

Avoid unwanted hassles: Q & A with Jack Webb-Heller, Rent4sure IT director

Living next to inconsiderate neighbours can be a nightmare, but letting to bad tenants can prove costly, especially when issues, which...

08 July 2017

From: Features

High end agency opens new London branch with 0% commission offer

High end London agency Chestertons has opened a new office in West Putney, bringing its network across the capital to 33. The branch...

07 July 2017

From: Breaking News

Why agents need to do more to promote value for money

The fees charged by estate agents receive a lot of coverage in the press - and rarely for positive reasons. Negative...

06 July 2017

From: Sponsored Content

Search firm wants conveyancers to commission more fracking reports

A Conservative commitment to allow more fracking is the trigger for conveyancers to gather yet more environmental information during the search...

06 July 2017

From: Breaking News

Reviews - Agency complaint about Purplebricks upheld by watchdog

The Advertising Standards Authority has upheld a complaint over a Purplebricks website statement featuring testimonials from clients; the complaint was made...

05 July 2017

From: Breaking News

PropTech Today: Are we doing enough to protect property’s core values?

Supporting the adoption of technology does not mean we have to stop protecting the core values of the property industry. In...

05 July 2017

From: Breaking News

An inconvenient truth - Help To Buy mostly helps the better off

Government schemes like Help To Buy, supposedly assisting more people get on the ladder, have little impact on improving social mobility...

04 July 2017

From: Breaking News

The Queen's Speech marks another step forward for leasehold reform

The political ebb and flow continues - seemingly with all the subtlety of a Boris Johnson rugby tackle on a 10-year...

01 July 2017

From: Features

Purplebricks: nothing divides estate agency more than this

Few things provoke argument within the industry more than the online v traditional agency debate - and within that debate, nothing...

30 June 2017

From: Breaking News

Controversial £2.875m raffle of Right To Buy house is back on

The controversial raffle of a home reportedly purchased in 2014 under the Right To Buy scheme for just £360,000 is back...

30 June 2017

From: Breaking News

More interest-only owners selling up, claims equity release operator

Estate agents are increasingly helping customers who have been forced to sell their homes to pay off interest-only mortgages ahead of...

29 June 2017

From: Breaking News

White & Sons commission cosmetic refurbishments for its four branches

White & Sons came to MPL Interiors specifically to counteract the growing threat from online and hybrid estate agents, commissioning a...

26 June 2017

From: Sponsored Content

Big rise in complaints and compensation says The Property Ombudsman

The Property Ombudsman’s annual report reveals a significant increase in the number of formal complaints resolved by the scheme and a...

22 June 2017

From: Breaking News

Online estate agent secures another £1.2 million in funding

Online estate agency Settled has raised £1.2 million in funding to further develop its product. Settled describes itself as a 'powerful digital...

16 June 2017

From: Breaking News

Independent network launches campaign against 'call centre agents'

A network of almost 80 independent estate agency offices has launched what it calls a hard-hitting campaign against 'internet-based call centre...

15 June 2017

From: Breaking News

Purplebricks share price dips following California launch announcement

The share price of hybrid estate agency Purplebricks dipped yesterday after it announced its US expansion will begin in California. Purplebricks' share...

15 June 2017

From: Breaking News

High street agency latest to launch online service alongside traditional brand

A one branch independent estate agency has this week launched a fixed-fee sales option alongside its traditional commission-based service. WH Breading, which...

14 June 2017

From: Breaking News

ASA upholds complaint against hybrid agent for viewings claim

The Advertising Standards Authority (ASA) has upheld a complaint made against hybrid estate agency Pink and Cow. The Portsmouth-based firm claimed on...

07 June 2017

From: Breaking News

Should agents list for free and allow vendors to set asking prices?

Two leading voices in the PropTech sector suggest a radical overhaul of agents’ fee structures, saying that neither traditional full service nor online...

02 June 2017

From: Breaking News

'Top High Street agents significantly out-perform onliners' says group

A consumer group which has consistently promoted online agencies says they achieve closer to sellers’ original asking price than the national...

01 June 2017

From: Breaking News

Reform of buying and selling - The industry should prepare now

The banning of letting fees levied on tenants has dominated the industry headlines in recent months but this election campaign suggests...

27 May 2017

From: Features

Tories backtrack on HIPs but still want massive house sales reform

The Conservative Party says it wants greater competition and more digitisation to cut the costs and reduce the amount of time...

22 May 2017

From: Breaking News

Tories insist HIPs are not on their way back after all

The Conservatives now say they are not resuscitating Home Information Packs, despite a suggestion by a prominent former minister that they "had...

19 May 2017

From: Breaking News

City analyst uses Foxtons' figures to diss Purplebricks inventory

A respected City analyst has pointedly dissed Purplebricks over its allegedly modest inventory of homes for sale and rent. Antony Codling of...

18 May 2017

From: Breaking News

New homes must be marketed to Britons first, say Liberal Democrats

The Liberal Democrats have set a building target of 300,000 new homes a year, have pledged to scrap housing association Right...

18 May 2017

From: Breaking News

Savills wins Court of Appeal case and claims £150,000 commission fee

It has emerged that global property firm Savills won a case in the Court of Appeal, entitling them to claim an...

16 May 2017

From: Breaking News

Revealed: Top 20 features that sell vendors' homes

New research has identified homebuyers' top 20 'must-have' features that would encourage them to purchase a seller's property. According to the survey...

16 May 2017

From: Breaking News

'Raffle Property' stunts risk contravening gambling legislation

An attempt to raffle a property - like the much-publicised case of an owner in south east London, which reached some...

11 May 2017

From: Breaking News

EasyProperty changes price claim after advertising watchdog steps in

EasyProperty has removed from its advertising any reference to clients getting ‘an offier in 20 weeks’ after an intervention by the...

10 May 2017

From: Breaking News

Pair set up new agency with High Street office but charging flat fees

Two friends have launched a new estate agency with a High Street office but charging vendors flat fees instead of a...

09 May 2017

From: Breaking News

Purplebricks reports '83% instruction growth' in UK

Purplebricks has this morning issued its latest trading update, reporting what it calls "strong growth" in the UK and updating investors on...

04 May 2017

From: Breaking News

Online reviews - They’re here to stay

Odds are that you use TripAdvisor when you book a restaurant or hotel; perhaps you scroll down Amazon before clicking ‘buy...

29 April 2017

From: Features

Guild chief says aggressive online agency marketing lacks integrity

The new chief executive of the Guild of Property Professionals has accused some online agents of carrying out “aggressive” marketing campaigns...

26 April 2017

From: Breaking News

PropTech group gets barrister's opinion over online agents' duties

As debate continues over the merits of upfront fees against post-sale commission for agents and consumers, the fledgling UK ProperTech Association...

25 April 2017

From: Breaking News

How not to sell a €12.5m villa (or any other property for that matter)

This actually happened - the names of the guilty have been withheld to protect the innocent. I live in Spain, Marbella actually,...

15 April 2017

From: Features

Mortgage market review

In recent years the mortgage industry has gone through some testing times. Recession and regulation have led to more stringent lending...

08 April 2017

From: Features

Purple smoke and mirrors

Purplebricks’ advertising is very negative and critical of the competition. They talk about 'commisery', trying to make potential sellers feel ripped...

08 April 2017

From: Features

Purplebricks steps up its attack on commission-based estate agents

Purplebricks has stepped up its attack on what it calls “Britain's antiquated method of buying and selling homes” by describing it as...

06 April 2017

From: Breaking News

New leasehold scandal? Retirement villages face clampdown

A two year investigation by the Law Commission has ended with a claim that some owners of leasehold retirement properties, and...

03 April 2017

From: Breaking News

The world is your oyster! Q & A with AIPP’s Peter Robinson

Peter Robinson, CEO of AIPP – Association of International Property Professionals – shines a light onto the international property market. Some UK...

01 April 2017

From: Features

Winkworth plans to bounce back after 25% fall in pre-tax profits

Winkworth’s annual figures for 2016 reveal a franchise turnover drop of six per cent and a pre-tax profit fall of 25.6...

31 March 2017

From: Breaking News

What's wrong with using Bank of Mum and Dad? asks property guru

A leading housing market analyst has made a stout defence of the growing trend of young buyers relying on their parents...

29 March 2017

From: Breaking News

First time buyers' problems set to continue, warns commission

The proportion of first time buyers relying on inherited wealth or loans from the ‘Bank of Mum and Dad’ has reached...

27 March 2017

From: Breaking News

Franchise firm claims home-based agents could earn £25k pcm

A new recruitment push by franchise agency operation HomeXperts says its agents - who work from home - earn invoiced commissions...

24 March 2017

From: Breaking News

Competition and Markets Authority to review new-build warranties

The Competition and Markets Authority is to review the operation of new home structural warranties issued by the National House Building...

22 March 2017

From: Breaking News

Multi-million investment for agency giving 'guaranteed price' to sellers

Nested, the chain-breaking estate agency that offers vendors a guaranteed sale of their property within 90 days, has secured a new...

21 March 2017

From: Breaking News

Countrywide shares hit record low after bank downgrading

Swiss bank UBS has downgraded Countrywide’s status to ‘sell’ in a move which has prompted the troubled estate agency’s share price...

16 March 2017

From: Breaking News

Why do great estate agents end up with particularly poor lawyers?

Estate agency is a tough business, no doubt about it. It’s probably tougher now to win a listing and tie up...

15 March 2017

From: Sponsored Content

New industry recruitment firm offers phased-fees system

A new recruitment business for the property industry in general and agents in particular is offering a phased-fees system for clients...

15 March 2017

From: Breaking News

Mortgages for buyers approach two-year low as market flattens

Data from the Council for Mortgage Lenders show that loans taken out by buyers have hit a near two-year low.   Home buyers...

15 March 2017

From: Breaking News

Why estate agents need to take compliance seriously

Some big news in the agency world last week won’t have escaped the attention of many in the industry. Last Thursday news...

14 March 2017

From: Sponsored Content

Agent fined by CMA says responsible partner 'acted alone'

One of the four estate agents fined by the Competition and Markets Authority (CMA) for price-fixing has spoken about the details...

07 March 2017

From: Breaking News

New agency offers 'guaranteed price' to vendors ahead of sale

A new London-based online estate agency called Nested says it has had a “superb start” to trading, using its unusual business...

06 March 2017

From: Breaking News

Agents operating in cartels: CMA promises more action if required

The Competition and Markets Authority has now fined agents over £1m in two landmark cases concerning price-fixing - and it says...

03 March 2017

From: Breaking News

Four estate agents pay £370,000 after admitting price-fixing

Four Somerset estate agents have agreed to pay fines totalling over £370,000 to the Competition and Markets Authority, after admitting illegal price-fixing.   The...

02 March 2017

From: Breaking News

Purplebricks value 'same as Countrywide and Foxtons combined'

The Purplebricks stock market bull run took yet another huge leap forwards yesterday with its share price up 20 per cent...

24 February 2017

From: Breaking News

Purplebricks to expand into the United States later this year

Purplebricks has raised £50m through a share issue to fund expansion into the United States later this year. In an announcement to shareholders...

23 February 2017

From: Breaking News

Watchdog orders online agency not to re-run TV advert

Online agency HouseSimple has been told that by the Advertising Standards Authority that its TV advertisement including the claim ‘sell your...

22 February 2017

From: Breaking News

Don’t undervalue Which? as a useful marketing tool

The guys at Which? are at it again, all over estate agents like a rash for “over valuing” properties so they...

17 February 2017

From: Features

Agents blasted by Which? for asking price 'over-valuations'

The consumer body Which? claims that 19 per cent of properties sold in the year to September went for prices five...

15 February 2017

From: Breaking News

Purplebricks shares top 200p as US comment bigs up agency

The remarkable bull run on the London Stock Exchange continues for hybrid estate agency Purplebricks, which floated shares at 100p just...

09 February 2017

From: Breaking News

US firm plans to take UK by storm with 5,000 agents in five years

The Keller Williams franchise agency, one of the largest in the world, is relaunching in the UK on Wednesday with the...

30 January 2017

From: Breaking News

New agency comparison website bans online and hybrid agents

A new website that will allow vendors and landlords to compare the expertise and fees of estate and letting agents has banned online...

19 January 2017

From: Breaking News

Purplebricks recruits TV property star for 'Commisery' campaign

The average fee paid by sellers to high street estate agents in the past year is £4,055 claims Purplebricks - an...

17 January 2017

From: Breaking News

What next for the rental market in 2017?

The rental market has had to face a raft of changes over the past year, including the introduction of the 3% stamp...

14 January 2017

From: Features

Mergers of independent estate agencies: the market and the price

Consolidation continues apace amongst traditional estate agents. The raft of pressures on agents is increasing and these pressures have two strong...

14 January 2017

From: Features

Seek and ye shall find

I have a confession to make. In 1988 I became a Seekers franchisee. For those of you who don't know who...

07 January 2017

From: Features

This is what people find frustrating about estate agents (apparently)

Allegedly-inaccurate descriptions and difficulties finding convenient times for viewings are among the most common frustrations people find when buying and renting. That’s...

06 January 2017

From: Breaking News

Ex-agent wins £1,000 'commission' by selling home on Facebook

A former estate agent is reported to have won £1,000 ‘commission’ from a seller - simply because she shared a sale-by-owner...

29 December 2016

From: Breaking News

The fees ban will force agents to seize the day

Carpe diem, seize the day – whatever you call it, it’s something all of us in the property industry should be looking...

09 December 2016

From: Features

Agents Do Charity - as the countdown to Christmas commences

There’s no need to worry but...er....there are only three weeks to go until Christmas. With traditional feelings of goodwill at this time...

02 December 2016

From: Breaking News

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