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KEYWORD "Michael Bruce" - 100 RESULTS
Boomin liquidation: ‘Insufficient funds to repay creditors’

The liquidator of collapsed portal Boomin is investigating a sale of the portal's intellectual property to My Bespoke Room as its...

11 January 2024

From: Breaking News

Bruce gives new backing to interior design venture

Former Purplebricks and Boomin boss Michael Bruce has taken part in a new funding round for interior design platform My Bespoke Room. Bruce...

25 September 2023

From: Breaking News

Purplebricks' Kenny Bruce returns to estate agency

Purplebricks co-founder Kenny Bruce has returned to the estate agency world. Bruce, who helped launch Purplebricks with his brother Michael as well...

04 September 2023

From: Breaking News

Bring back Bruce? Sack Pindar? What’s next for Purplebricks? 

Purplebricks’ share price hit a new low last week after it announced a strategic review that could lead to the sale...

20 February 2023

From: Breaking News

Property Natter – the five biggest property moments of 2022

As we get ever closer to 2023, this final Natter of the year is dedicated to the five biggest property moments of...

17 December 2022

From: Features

Boomin officially names liquidator amid £10m owed to creditors

Collapsed challenger portal Boomin has officially named its liquidator as company documents this morning outlined a deficiency of almost £10m in...

02 December 2022

From: Breaking News

Boomin goes bust but Agents Together project unaffected

Challenger portal and property platform Boomin informed staff that it was calling in liquidators yesterday. As first reported by Sky News, the...

01 November 2022

From: Breaking News

‘We are sorry’ – Boomin confirms it is entering liquidation

Boomin users have been emailed this afternoon to confirm that the challenger portal has “reluctantly” been placed into liquidation. An email from...

31 October 2022

From: Breaking News

In fashion! Boomin snaps up interior design service

Boomin has acquired interior design platform My Bespoke Room. The challenger portal's founder Michael Bruce said it was part of a wider...

09 June 2022

From: Breaking News

Revealed! How much agents earn from sales compared with lettings

Sales remain the predominant source of income for most estate agency brands, research claims. The analysis warns that agents shouldn’t ignore lettings...

27 May 2022

From: Breaking News

Boomin reveals first SmartVal conversion data

Agents using Boomin have managed to convert more than 20% of SmartVal valuation requests into instructions. The challenger portal and lead generation...

24 May 2022

From: Breaking News

Property Natter – the who’s who of the industry

The property industry is fortunate in including many great people, doing great work across a range of businesses – from traditional agency...

30 April 2022

From: Features

Agency franchisees given chance to earn shares by joining Boomin

Agency franchisees with brands such as Hunters, Martin & Co, Belvoir and EasyProperty are being given the chance to sign up...

28 April 2022

From: Breaking News

Boomin reveals latest wave of paid-up agents

Boomin has unveiled its latest round of paying agents. The challenger portal, launched by former Purplebricks founder Michael Bruce, has revealed 10...

13 April 2022

From: Breaking News

Revealed! The first paid-up agents joining Boomin

Foxtons, Chancellors and Douglas & Gordon have been named among the first paid-up agency brands on Boomin. The challenger portal, launched by...

08 April 2022

From: Breaking News

Purplebricks' 'Mr Motivator' joins Boomin in senior role

A former UK national sales director at Purplebricks has been reunited with the online agent’s founder Michael Bruce at Boomin. Paul Vickerstaff,...

05 April 2022

From: Breaking News

Michael Bruce secures massive new funding for Boomin portal

Sky News is reporting that Boomin, the portal founded by Purplebricks creator Michael Bruce, is close to finalising a new round...

31 March 2022

From: Breaking News

Boomin pledge to reveal ‘agents who pay’ next week

New portal Boomin suggests it has “thousands” of agents who have signed up on a paid basis. The portal - which launched almost...

30 March 2022

From: Breaking News

Boomin gives first figures on usage of portal features

Boomin chief executive Michael Bruce has for the first time given some figures on the usage of some of the key...

28 March 2022

From: Breaking News

Property Natter: interview with Michael Bruce - 'why Boomin is not just another portal'

With Boomin nearly turning one, I decided to catch up with Michael Bruce, the co-founder of the property website and more...

26 March 2022

From: Features

Sigh of relief that Sunak avoids hurting housing market

The industry has reacted to the Spring Statement by breathing a sigh of relief that nothing was likely to cause damage...

24 March 2022

From: Breaking News

The mistakes we made at Purplebricks - by the Bruce brothers

Michael and Kenny Bruce have for the first time given their views on what went wrong for Purplebricks during their time...

21 March 2022

From: Breaking News

Video exclusive - the Bruce brothers reveal all on Purplebricks and Boomin

In this exclusive for Estate Agent Today readers, video supremo and property expert Chris Watkin conducts an interview with the Bruce...

19 March 2022

From: Features

Agents reached out to me, says Boomin boss Michael Bruce

The chief executive of Boomin says agents have asked him to do something about rival portals “pocketing income from mortgage referral...

11 March 2022

From: Breaking News

Boomin boss and buoyant agents say no sign yet of housing market slowdown

The founder of fledgling portal Boomin says the latest Nationwide house price index findings demonstrate that there’s no sign yet of...

03 March 2022

From: Breaking News

Purplebricks reviews dispute takes new twist four years on

A long running dispute between reviews website allAgents and Purplebricks has come back to life - with a new twist. In 2017...

08 February 2022

From: Breaking News

Boomin boss Bruce wants government help to save housing market

Boomin chief executive Michael Bruce wants government action to help save the housing market as the cost of living crisis grows.  Following...

04 February 2022

From: Breaking News

Boomin compares room values with Bitcoin and Porsches

Boomin has issued research done on its behalf into the value of spare rooms - and it’s made some eccentric comparisons...

20 January 2022

From: Breaking News

Boomin claims large uptick in usage since Christmas

The Bruce brothers’ new portal Boomin has given its first statistics regarding usage following the launch of a new marketing campaign...

18 January 2022

From: Breaking News

Goodbye Purplebricks - name disappears in rebrand of Canada firm

The name of Purplebricks - which once claimed its business model was a global success - has now been removed in...

17 January 2022

From: Breaking News

Boomin’s Michael Bruce renews attack on big three portals

Boomin co-founder and chief executive Michael Bruce has returned to the attack on Rightmove, Zoopla and OnTheMarket with an open letter,...

13 January 2022

From: Breaking News

Boomin takes on Rightmove with ad campaign from Boxing Day

Boomin is launching a new ad campaign from Boxing Day, December 26 - the date previously associated with record visits to...

21 December 2021

From: Breaking News

Boomin launches new tech claiming to reduce fall-throughs

Boomin has launched a new tool - Chainmaker - which it claims cuts fall throughs and introduces agents to ‘hot buyers’. The software...

15 November 2021

From: Breaking News

Boomin’s SmartVal service has over 10,000 requests since launch

Fledgling portal Boomin says its new SmartVal tool has received over 10,000 requests since launching in early September. SmartVal is powered in part by...

07 October 2021

From: Breaking News

TV campaign begins today for Boomin’s SmartVal service

A TV advertising campaign begins today to promote SmartVal, its real-time valuation tool available on the Boomin portal. The advertisements will start...

06 September 2021

From: Breaking News

Boomin’s valuation tool is the most accurate anywhere - claim

Michael Bruce says the new SmartVal automated valuation system he is this month introducing on Boomin will be the most accurate...

11 August 2021

From: Breaking News

Leads For Agents - Boomin and Zoopla at odds over ‘what is a lead’

Zoopla has issued a data-heavy statement on its services for agents - just days after Boomin criticised it for being over...

05 August 2021

From: Breaking News

EXCLUSIVE - Boomin reveals latest agent sign-up numbers

Boomin has revealed to Estate Agent Today the latest figures on agency branches signed up to its fledgling portal. It says it...

03 August 2021

From: Breaking News

Boomin chief slams Rightmove over high fees, low investment

The head of Boomin has attacked Rightmove for the fees it currently charges agents, the likelihood of higher fees to come,...

02 August 2021

From: Breaking News

Boomin marketing campaign to emphasise new valuation tool for agents

Fledgling portal Boomin is launching what it claims to be the most interactive and accurate online valuation tool on the market.  It...

20 July 2021

From: Breaking News

Boomin reveals yet another senior management figure

A former commercial director of Zoopla, who worked at the portal for 12 years, has been named as managing director of...

14 June 2021

From: Breaking News

Agents Do Charity - well done Agents Together and industry fund-raisers

Hello and we’re at the end of another week celebrating all those in our industry who do great work. And this...

11 June 2021

From: Breaking News

Boomin adds 600 branches and signs up major independent

Boomin says it’s added over 600 new agency branches during May, with the latest signing being the large Pattinson independent with...

10 June 2021

From: Breaking News

Boomin to “reinvent YouTube” and wants agents involved

Boomin says it’s going to “reinvent the YouTube channel for property.” The portal’s new YouTube channel has gone live with five unique...

03 June 2021

From: Breaking News

Boomin enjoying strongest start of any portal says Michael Bruce

Boomin founder Michael Bruce says his new site has enjoyed a stronger start than any other portal in terms of visits, viewings,...

10 May 2021

From: Breaking News

Adrian Gill – talking agency consolidation, PropTech, retail and Boomin

This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had...

15 April 2021

From: Breaking News

Michael Bruce promoted in Boomin management changes

Michael Bruce has been promoted from the role of executive chairman of Boomin to group chief executive officer. This is within two...

14 April 2021

From: Breaking News

Boomin Bites Back: We’ll NEVER do direct sales, insists founder

Agents have contacted Estate Agent Today to say they fear the new MatchMaker service on the Boomin portal could be used...

06 April 2021

From: Breaking News

Boomin - What’s the verdict?

The launch of Boomin has been and gone with, perhaps, something less than its expected fanfare of publicity. Of course there are...

03 April 2021

From: Features

Boomin’s TV ads - see them here, two days ahead of launch

Here are the first three TV adverts for Boomin, the new property portal which launches on Friday.The new website launches early...

31 March 2021

From: Breaking News

Boomin advertising extravaganza as portal launches

Boomin has revealed its launch date after months of high-profile publicity. It’s to be three and a half weeks from now on...

08 March 2021

From: Breaking News

‘Be Kind We Care’ initiative launched across property industry

A conveyancing organisation has launched an initiative called Be Kind We Care to promote kindness and wellbeing within the property industry. The...

08 March 2021

From: Breaking News

Boomin blasts Rightmove as bleak, broken and bloated

An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field...

26 February 2021

From: Breaking News

Boomin’s Michael Bruce says: “We’re ready to launch”

The Bruce brothers’ latest project, Boomin, is “ready to launch” some two months after it was expected to see the light...

23 February 2021

From: Breaking News

Boomin dismisses speculation of ‘direct sales’ cutting out agents

Boomin has denied that it will ever allow direct property sales, cutting out estate agents. Founder Michael Bruce says the new service...

29 January 2021

From: Breaking News

Boomin signs up another 15 independents ahead of delayed launch

Boomin has announced another 15 independents as members of the site, which is expected to launch in the near future. “The latest...

11 January 2021

From: Breaking News

Boomin's Michael Bruce reveals portal's aims - and the lessons of Purplebricks

To kick off 2021, we have a Q&A with one of the most high-profile – and, it has to be said,...

07 January 2021

From: Breaking News

Boomin signs up OnTheMarket founder agency

Douglas & Gordon, one of the highest profile London agency networks, is the latest signing for the yet-to-launch Boomin portal. The agency...

16 December 2020

From: Breaking News

Yes Purplebricks - but how many homes do you actually SELL?

Mystery still surrounds the number of homes actually sold by Purplebricks, despite upbeat statements regarding the number of instructions it wins. The...

16 December 2020

From: Breaking News

Boomin delays launch of portal until early next year

The launch of much-hyped new portal Boomin, originally scheduled for this month, has now been pushed back until early next year. A lengthy letter sent...

11 December 2020

From: Breaking News

PropTech: Boomin reveals first CRM integration

Software provider Dezrez has entered into an integration partnership with Boomin - the fledgling portal’s first PropTech deal.  The agreement ensures that...

07 December 2020

From: Breaking News

Another 300+ branches list on Boomin as it signs major agency

Belvoir has become the latest major agency group to sign up to Boomin as a founder agent.  The properties of all four...

03 December 2020

From: Breaking News

Michael Bruce bats away accusation of “bullying tactics”

Purplebricks founder Michael Bruce has batted away a stinging attack on him made by allAgents, a review website. allAgents has set up...

02 December 2020

From: Breaking News

Boomin now claims 40% of the top 100 UK agencies

The soon-to-launch Boomin portal has signed up a national firm and now claims to have recruited 40 per cent of the...

25 November 2020

From: Breaking News

Will Boomin’s “fair fees” tempt agents to quit Rightmove?

The new property portal Boomin has revealed its fees structure for agents. Tapping into the industry debate over portal fees, Boomin describes...

18 November 2020

From: Breaking News

Boomin still booming: another 10 agency sign-ups

The soon-to-launch portal Boomin - set up by the people who founded Purplebricks- has signed another 10 independent agents. They are all...

17 November 2020

From: Breaking News

Boomin signs online agency amongst 10 new founding members

Fledgling portal Boomin - launching later this month - has announced another 10 independent regional agencies as founder members. This includes its...

05 November 2020

From: Breaking News

Boomin names another 10 founding member independent agencies

Boomin, the still-to-launch portal created by the founders of Purplebricks, has named another 10 founding member agencies. Like the initial 10 they...

21 October 2020

From: Breaking News

Top Ten! Boomin portal reveals high profile founding agencies

The new Boomin portal being launched shortly has named 10 high profile agency chains as founding members. The 10 give the new portal...

16 October 2020

From: Breaking News

Boomin - new portal snaps up Rightmove and Zoopla staff ahead of launch

The portal  set up by Purplebricks founders Michael and Kenny Bruce has revealed it's recruited Rightmove and Zoopla personnel and intends...

09 September 2020

From: Breaking News

Purplebricks' founders 'not seeking external funding' for new portal

Property portal Boomin has been "courted by a range of potential backers" according to Sky News. The news service - which has...

04 September 2020

From: Breaking News

Secret portal from Purplebricks founders wins praise from Rightmove critics

The Say No To Rightmove campaign has given a thumbs up to the new Boomin listings service created by the brothers...

27 August 2020

From: Breaking News

Property Natter – what does agency look like Down Under?

In my last Natter, I explored the differences between estate agency in the UK and the US with the help of...

15 August 2020

From: Features

Cheap and nasty Purplebricks - why it didn't work down under

A leading expert on estate agency and the housing market in Australia has lifted the lid on how Purplebricks failed down...

14 August 2020

From: Breaking News

Nothing wrong with 'Commisery' says unrepentant Michael Bruce

A founder of Purplebricks, Michael Bruce, suggests there was nothing wrong with the controversial Commisery TV ads that contributed to making...

27 July 2020

From: Breaking News

Purplebricks founders reveal name of new ‘portal’ project

Purplebricks founders Michael and Kenny Bruce have revealed the name of their new property venture.  It’s to be called Boomin. There are still few specific...

22 July 2020

From: Breaking News

What next for Purplebricks after latest international sell-off?

Purplebricks’ sale of its Canadian operation for some £35m begs the question - where can it now recoup some of its losses...

16 July 2020

From: Breaking News

A new portal? Purplebricks founder launches project with ex-Reapit boss

The founder of Purplebricks, Michael Bruce, has this morning revealed his new project to be called Launch B - and he...

14 July 2020

From: Breaking News

Purplebricks' founders reveal new project to re-enter the agency industry

The brothers who founded Purplebricks - Michael and Kenny Bruce - have returned to the agency industry for the first time...

09 June 2020

From: Breaking News

Purplebricks predicts hybrid agencies to take 30% market share

The chief executive of Purplebricks UK says the struggling hybrid agency is definitely not for sale, despite recent sales of stakes...

21 October 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

Purplebricks: an insider’s story of what it was REALLY like

A former Local Property Expert and manager at Purplebricks has gone on record to reveal what it was really like to work...

16 August 2019

From: Breaking News

Hybrid sector could reach 20-30% market share, says Purplebricks CEO

The new chief executive of Purplebricks believes hybrid agents could win '20-30% market share' in the UK. Vic Darvey, who replaced Michael...

04 July 2019

From: Breaking News

Purplebricks posts £52m loss, 55% revenue rise and confirms US withdrawal

Purplebricks has revealed its annual results for the year ending April 30 2019.  The hybrid agency has posted an operating loss of...

03 July 2019

From: Breaking News

Purplebricks founder Kenny Bruce pledges: “I’ll be back - and soon”

Purplebricks’ founder Kenny Bruce has promised that his departure from the firm does not mean he won’t be heard of again. Kenny - whose brother...

28 June 2019

From: Breaking News

Purplebricks ex-CEO hits out at untrue claim that agency sold only 50%

The former chief executive of Purplebricks UK says the agency completes on over 80 per cent of the homes it lists...

25 June 2019

From: Breaking News

Top Purplebricks investor would back US closure to bolster agency in UK

Purplebricks’ most influential investor says there is “opportunity aplenty” for the company but says it would back the closure of the US...

03 June 2019

From: Breaking News

Purplebricks share price plunges as speculation mounts over investment

Purplebricks’ share price yesterday plunged to 90.5p at one point - well below the 100p level at which the company originally...

22 May 2019

From: Breaking News

Purplebricks share price drops again as it ponders different scenarios for US

Purplebricks, which recently admitted that it had been over-ambitious in its overseas expansion, says it will give “a further update” on...

21 May 2019

From: Breaking News

Property Natter: has Purplebricks' bubble now officially burst?

Whether you love or hate it, Purplebricks has undoubtedly left its mark since arriving on the scene in 2015 – much...

18 May 2019

From: Features

“Gaping holes” in Purplebricks business model, says ex-online investor

An expert who has invested in an online agency in the past has slammed Purplebricks’ business model. James Max, who presents the...

16 May 2019

From: Breaking News

Purplebricks share price slides further following Michael Bruce departure

Following yesterday's surprise news that founder Michael Bruce is leaving the business and its Australian operation is closing down, Purplebricks encountered...

08 May 2019

From: Breaking News

PropTech Today: Market transformation – deterring, championing and Purplebricks

I hope you had another wonderful Bank Holiday weekend; only three weeks to hold on until the next one. Personally, it...

08 May 2019

From: Breaking News

Michael Bruce leaves Purplebricks and company shuts Australian business

In a shock announcement Purplebricks says founder Michael Bruce is to leave the business and its Australian operation will shut. “With hindsight, our rate of...

07 May 2019

From: Breaking News

Online agents hit out at High Street rivals about ‘over-valuations’

Online estate agents have seized on the recent national newspaper article accusing estate agents of over-valuing properties to earn higher fees. The...

09 April 2019

From: Breaking News

Agents Do Charity - your chance to give something back...

Hello and here we go with yet another Agents Do Charity, the weekly opportunity to herald the unsung efforts of our...

08 March 2019

From: Breaking News

Purplebricks get shirty with Six Nations marketing coup

As eagle-eyed readers may have discovered over weekend, Purplebricks is the new back-of-shirt sponsor of the Scotland national team throughout the...

04 February 2019

From: Breaking News

Top government minister thrilled to see Purplebricks success

The Minister for Digital and the Creative Industries, Margot James, has used social media to say she is “thrilled to see...

14 January 2019

From: Breaking News

Purplebricks boss takes swipe at London-centric property industry

Purplebricks’ global chief executive Michael Bruce has taken a swipe at the property and mainstream media for being too London-centric in...

24 December 2018

From: Breaking News

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...

11 December 2018

From: Breaking News

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