Archive

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

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

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

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

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

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...

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

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

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

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

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

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

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

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

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...

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

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

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

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

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

Purplebricks has launched an emergency hotline for customers of Emoov and Tepilo that are stranded by the agencies’ collapse. A statement this...

Purplebricks is understood to be pondering the best way to assist victims of the collapse of Emoov without committing money for...

A tweet from Purplebricks’ chief executive Michael Bruce suggests that the agency may be about to play a role in the Emoov...

The global chief executive of Purplebricks, Michael Bruce, has warned mortgage lenders against offering so-called ‘super-sized’ home loans to borrowers.  Bruce is...

Purplebricks says it has seen year-on-year revenue growth of about 20 per cent despite what its chairman calls “a challenging UK...

Purplebricks says its performance in the UK “is currently showing double-digit growth year-on-year in monthly instructions.” In a brief UK trading update...

Purplebricks’ share price dropped yesterday to barely over 200p - its lowest level for some 18 months and reflecting a near...

From where I’m standing there’s a lot in common between the debate between online and traditional agents, and the argument over...

It’s been revealed that the creators of Purplebricks came up with the name while brain-storming around a kitchen table - and...

Purplebricks co-founder Michael Bruce says traditional agents sell only around 50 per cent of the homes that they list, so spend...

Purplebricks has told the Press Association it wants to secure over 10 per cent of the agency market share in the...

Purplebricks is expanding its US activities by entering the markets of Las Vegas, Nevada and Phoenix, in the state of Arizona. A...

Purplebricks’ new UK chief executive officer, Lee Wainwright, is to address a major industry conference in May - his first address...

Purplebricks has announced that former Countrywide director Lee Wainwright has been appointed chief executive officer of the hybrid agency’s UK operations...

allAgents, the specialist review website which has had a bitter dispute with Purplebricks, has poured cold water on the hybrid agency’s...

Purplebricks is to work with respected review website Feefo - in addition to keeping its controversial existing link with Trustpilot which...

Estate Agent Today can reveal that the ‘peace talks’ between the AllAgents review website and Purplebricks now involve the agency’s chief...

Purplebricks has told Estate Agent Today it is more open about its business than almost any other agency and stridently rejects criticism about...

The Advertising Standards Authority has ruled that two TV advertisements for Purplebricks cannot be shown again in their current form because...

The crowdfunding appeal by review website AllAgents to mount possible legal action against Purplebricks appears to be making relatively slow progress. As...

A donor with the name ‘Michael Bruce’ has contributed - at least a little - to a fighting fund for review...

One of the co-founders of Purplebricks, Michael Bruce, has explained why the agency challenged reviews of its services on AllAgents. Speaking to...

Trustpilot, the review service quoted frequently by Purplebricks as evidence of its apparent popularity, is declining to comment on the adverse...

The share price of beleaguered hybrid agency Purplebricks has recovered some of the ground it lost earlier in the week after...

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

Purplebricks’ share price this afternoon dropped to a recent low of 406.50p before recovering to close down about five per cernt...

Purplebricks has this morning announced a drive to recruit “hundreds” of new Local Property Experts” in a bid to become what...

The chief executive of Purplebricks, often criticised by detractors for failing to reveal completion rates as opposed to listings, says his...

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

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

Fledgling trade body The Charter for Independent Estate and Letting Agents (CIELA) has described Purplebricks as the 'biggest enemy currently facing...

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

Purplebricks, which launched in Australia last August, is expanding its service in the country. It already operates in Melbourne, Brisbane, the Gold...

One of the founders of hybrid agency Purplebricks says sellers in the UK may never accept the sale of their property...

Forecasts are so last year: who anticipated Bowie, Brexit or Balls for example? Quotes, on the other hand, really ARE last year...

Purplebricks says it is receiving an average revenue per customer of £1,000, has more than doubled instructions and is now generating...

Purplebricks chief executive Michael Bruce has suggested that calling his area representatives ‘Local Property Experts’ means they can be more proud...

Purplebricks says it will have a marketing budget of AUS$17.2m - that's over £9.9m - to spend on marketing for its...

The Daily Mail is reporting that the finance chief at much-discussed hybrid agency Purplebricks has purchased shares that are now worth...

One of the founders of online agency Purplebricks says his aim is for the firm to become the "first choice" for...

Purplebricks and its ad agency BMB have split - but the hybrid agency is nonetheless reported to be on the verge...

Purplebricks chief executive Michael Bruce is to speak alongside eMoov founder Russell Quirk in a debate to be held at the...

The first online agency to list on the UK stock market - Purplebricks - has enjoyed a volatile first day of trading. The...

I’m writing this from the brand spanking new Center Parks in Woburn Forest. Set within 365 acres of lush Bedfordshire forest,...

The future estate agency model is going to be neither the traditional High Street office nor the online-only alternative - instead...

One of the industry debates of the year will be held next week when the inaugural FUTURE : Property Tech conference...

Housing minister Brandon Lewis has been announced as the headline speaker at the Future: Property Tech Conference, taking place in the...

Online estate agency Purplebricks is expanding its reach by launching in Northern Ireland.  The agency – which has ‘local property experts’ working...