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

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 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 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

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

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

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

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 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

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

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

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

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

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

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

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 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 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

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

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 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 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 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

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

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

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

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

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

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

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

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

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 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 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 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

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 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

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

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

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 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

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

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

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 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 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
07 January 2021
From: Breaking News

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

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

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

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

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

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

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

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

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

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, 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

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

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

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

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

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

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

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 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

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

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

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

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 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

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

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 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 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

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

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 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, 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

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

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

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

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

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 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

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

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

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’ 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 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

Purplebricks is understood to be pondering the best way to assist victims of the collapse of Emoov without committing money for...
06 December 2018
From: Breaking News

A tweet from Purplebricks’ chief executive Michael Bruce suggests that the agency may be about to play a role in the Emoov...
05 December 2018
From: Breaking News

The global chief executive of Purplebricks, Michael Bruce, has warned mortgage lenders against offering so-called ‘super-sized’ home loans to borrowers. Bruce is...
28 November 2018
From: Breaking News

Purplebricks says it has seen year-on-year revenue growth of about 20 per cent despite what its chairman calls “a challenging UK...
06 November 2018
From: Breaking News

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...
15 October 2018
From: Breaking News

Purplebricks’ share price dropped yesterday to barely over 200p - its lowest level for some 18 months and reflecting a near...
10 October 2018
From: Breaking News

From where I’m standing there’s a lot in common between the debate between online and traditional agents, and the argument over...
29 September 2018
From: Features

It’s been revealed that the creators of Purplebricks came up with the name while brain-storming around a kitchen table - and...
10 August 2018
From: Breaking News

Purplebricks co-founder Michael Bruce says traditional agents sell only around 50 per cent of the homes that they list, so spend...
07 August 2018
From: Breaking News

Purplebricks has told the Press Association it wants to secure over 10 per cent of the agency market share in the...
23 July 2018
From: Breaking News

Purplebricks is expanding its US activities by entering the markets of Las Vegas, Nevada and Phoenix, in the state of Arizona. A...
15 June 2018
From: Breaking News

Purplebricks’ new UK chief executive officer, Lee Wainwright, is to address a major industry conference in May - his first address...
02 February 2018
From: Breaking News

Purplebricks has announced that former Countrywide director Lee Wainwright has been appointed chief executive officer of the hybrid agency’s UK operations...
09 January 2018
From: Breaking News

allAgents, the specialist review website which has had a bitter dispute with Purplebricks, has poured cold water on the hybrid agency’s...
04 December 2017
From: Breaking News

Purplebricks is to work with respected review website Feefo - in addition to keeping its controversial existing link with Trustpilot which...
01 December 2017
From: Breaking News

Estate Agent Today can reveal that the ‘peace talks’ between the AllAgents review website and Purplebricks now involve the agency’s chief...
17 November 2017
From: Breaking News

Purplebricks has told Estate Agent Today it is more open about its business than almost any other agency and stridently rejects criticism about...
19 October 2017
From: Breaking News

The Advertising Standards Authority has ruled that two TV advertisements for Purplebricks cannot be shown again in their current form because...
18 October 2017
From: Breaking News

The crowdfunding appeal by review website AllAgents to mount possible legal action against Purplebricks appears to be making relatively slow progress. As...
16 October 2017
From: Breaking News

A donor with the name ‘Michael Bruce’ has contributed - at least a little - to a fighting fund for review...
12 October 2017
From: Breaking News

One of the co-founders of Purplebricks, Michael Bruce, has explained why the agency challenged reviews of its services on AllAgents. Speaking to...
19 September 2017
From: Breaking News

Trustpilot, the review service quoted frequently by Purplebricks as evidence of its apparent popularity, is declining to comment on the adverse...
07 August 2017
From: Breaking News

The share price of beleaguered hybrid agency Purplebricks has recovered some of the ground it lost earlier in the week after...
04 August 2017
From: Breaking News

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

Purplebricks’ share price this afternoon dropped to a recent low of 406.50p before recovering to close down about five per cernt...
02 August 2017
From: Breaking News

Purplebricks has this morning announced a drive to recruit “hundreds” of new Local Property Experts” in a bid to become what...
11 July 2017
From: Breaking News

The chief executive of Purplebricks, often criticised by detractors for failing to reveal completion rates as opposed to listings, says his...
03 July 2017
From: Breaking News

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

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

Fledgling trade body The Charter for Independent Estate and Letting Agents (CIELA) has described Purplebricks as the 'biggest enemy currently facing...
07 March 2017
From: Breaking News

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

Purplebricks, which launched in Australia last August, is expanding its service in the country. It already operates in Melbourne, Brisbane, the Gold...
18 January 2017
From: Breaking News

One of the founders of hybrid agency Purplebricks says sellers in the UK may never accept the sale of their property...
09 January 2017
From: Breaking News

Forecasts are so last year: who anticipated Bowie, Brexit or Balls for example? Quotes, on the other hand, really ARE last year...
17 December 2016
From: Features

Purplebricks says it is receiving an average revenue per customer of £1,000, has more than doubled instructions and is now generating...
05 December 2016
From: Breaking News

Purplebricks chief executive Michael Bruce has suggested that calling his area representatives ‘Local Property Experts’ means they can be more proud...
22 November 2016
From: Breaking News

Purplebricks says it will have a marketing budget of AUS$17.2m - that's over £9.9m - to spend on marketing for its...
30 August 2016
From: Breaking News

The Daily Mail is reporting that the finance chief at much-discussed hybrid agency Purplebricks has purchased shares that are now worth...
21 June 2016
From: Breaking News

One of the founders of online agency Purplebricks says his aim is for the firm to become the "first choice" for...
04 May 2016
From: Breaking News

Purplebricks and its ad agency BMB have split - but the hybrid agency is nonetheless reported to be on the verge...
25 March 2016
From: Breaking News

Purplebricks chief executive Michael Bruce is to speak alongside eMoov founder Russell Quirk in a debate to be held at the...
14 January 2016
From: Breaking News

The first online agency to list on the UK stock market - Purplebricks - has enjoyed a volatile first day of trading. The...
18 December 2015
From: Breaking News

I’m writing this from the brand spanking new Center Parks in Woburn Forest. Set within 365 acres of lush Bedfordshire forest,...
23 October 2015
From: Features

The future estate agency model is going to be neither the traditional High Street office nor the online-only alternative - instead...
16 October 2015
From: Breaking News

One of the industry debates of the year will be held next week when the inaugural FUTURE : Property Tech conference...
05 October 2015
From: Breaking News

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