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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

Purplebricks whips up more publicity in viral Facebook entry

There’s been another flurry of publicity for Purplebricks following the posting of photographs and statements online by a blogger whose property...

21 March 2017

From: Breaking News

New conveyancing software shows agents' and vendors' information

A software platform offering a hybrid conveyancing and compliance service to agents has been launched following 12 months of testing with...

21 March 2017

From: Breaking News

Survey shows website reviews are key for driving online agent leads

A survey of over 2,000 sellers who used online agency eMoov reveals that review websites were the overwhelmingly largest driver of...

20 March 2017

From: Breaking News

Public prejudice against online house sales is waning, insists agency

An online estate agency which says it could be the next Purplebricks says prejudice against internet property transactions is waning  “With Neil...

17 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

Guilty - agent admits 76 offences involving thousands of pounds

An estate agent will be sentenced next month after pleading guilty to 76 fraud offences.   The Get Surrey website reports that Ayodele...

16 March 2017

From: Breaking News

James Dearsley: A MIPIM startups update from Cannes

This week I’m lucky enough to be out here in Cannes as a PropTech Ambassador for MIPIM, the international real estate...

15 March 2017

From: Breaking News

Agents must not ignore bad online reviews, urges social media guru

Agents who ignore critical reviews of their services do so at their peril as new figures reveal high levels of readership...

14 March 2017

From: Breaking News

Countrywide reveals annual cost of restructuring

Countrywide has revealed that in 2016 it spent over £8.1m on redundancies, some £7.4m on contract costs relating to closed premises,...

13 March 2017

From: Breaking News

Only 11% of sellers think face-to-face contact with an agent is key

Only one in nine customers of estate agents regard face-to-face contact as the most important element of the process to determine...

13 March 2017

From: Breaking News

Budget 2017: Pleas for reform fall on deaf ears

Chancellor Philip Hammond delivered his first Budget this week pledging extra funding for the NHS, transport in the Midlands and the...

11 March 2017

From: Features

How to find high quality local market intelligence - fast

The Office for Budget Responsibility, which released its latest economic forecasts on Wednesday, has adjusted its prediction for UK house prices…again.  It...

11 March 2017

From: Features

Countrywide: £38m share placing may allow it to rival Purplebricks

Countrywide has successfully placed 21.6m shares to institutional investors at the competitive price of 175p per share - allowing it to...

10 March 2017

From: Breaking News

Countrywide: 200 branches shut, online 'working well'

It's been revealed that Countrywide has lost 200 branches in its reorganisation - that's around 20 per cent of its branch...

09 March 2017

From: Breaking News

Purplebricks entering US market just as estate agency use soars

Purplebricks' entry into selective areas of the US market comes just as new evidence suggests the use of estate agencies by...

09 March 2017

From: Breaking News

LSL the latest firm expected to enter 'digital' market

LSL Property Services - which owns high street agency brands Your Move, Reeds Rains and Marsh & Parsons - is the...

08 March 2017

From: Breaking News

James Dearsley: Enough about Purplebricks, let’s talk printing bricks

It has been a busy week for investment in PropTech businesses and no doubt you have already got reading fatigue about...

08 March 2017

From: Breaking News

Trade body explains Purplebricks complaint as war of words continues

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

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

Online agency YOPA expects turnover of £4m to £8m this year

The man behind YOPA - the online agency that last year secured investment from high end traditional company Savills - says...

06 March 2017

From: Breaking News

Budget 2017 wishlist: Expectations from the property sector

Looking ahead to the Spring Budget this week, the Chancellor Philip Hammond will be obliged to face up to the implications...

04 March 2017

From: Features

Read all about it: Will agents continue to advertise in print?

I had a very interesting chat with the man behind a new portal the other day. He was John Dixon, the portal...

04 March 2017

From: Features

Agency claims OnTheMarket has lost 200 branches in three weeks

OnTheMarket has swatted away the latest criticism from a long-term critic, online estate agency head Russell Quirk - although it has...

03 March 2017

From: Breaking News

Over 60% of UK consumers think that Estate Agents’ Photos Are Very Poor To Average

Over 60% of UK consumers think that Estate Agents’ Photos Are Very Poor To Average A recent survey* by dedicated property photo...

02 March 2017

From: Sponsored Content

Zoopla makes another big acquisition - this time it's Expert Agent

Zoopla has acquired Expert Agent - the latest of a string of acquisitons by the portal. This follows the portal company's...

01 March 2017

From: Breaking News

WeListThemAll property portal says it will expand across the UK

A Scottish property portal now ‘live’ and claiming to list almost all the homes for sale north of the border, says...

01 March 2017

From: Breaking News

James Dearsley: The blooming symbiosis of PropTech and FinTech

There has been some really interesting talk recently of the relationship between FinTech (Finance Technology) and PropTech (Property Technology). A few...

01 March 2017

From: Breaking News

Independent agents' group turns its attention to Trustpilot

The fledgling group of independent agents which has already launched attacks on online agency operators in general and Purplebricks in particular...

01 March 2017

From: Breaking News

Analysis shows investors' faith in Purplebricks post-Brexit

An analysis of estate agents quoted on the London Stock Exchange suggests that almost all the traditional firms have suffered since...

28 February 2017

From: Breaking News

Independent agents' group renews criticism of Purplebricks

The new group for independent owner-managed estate and letting agencies, to be formally inaugurated this week, has stepped up its campaign...

27 February 2017

From: Breaking News

Sales progression tool cuts completion time - and pleases government

A sales progression tool claims to have reduced the average transaction time for a property from around 94 days to around...

27 February 2017

From: Breaking News

Residential property comes out on top for investors

Not many of us have a multi-million property portfolio, so the results of the MSCI / IPD UK property index for...

25 February 2017

From: Features

Rightmove reveals more agents, more visits and more profits in past year

Rightmove has released its figures for 2016 and as predicted they show the portal streaking ahead of all rivals. It reports record...

24 February 2017

From: Breaking News

Purplebricks: high praise for agency from ex-Countrywide chief

Harry Hill - former chief executive of Countrywide and the founder of Rightmove, and one of the most respected figures in the...

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

What can we learn from the Property Week Awards PropTech shortlist?

So, Property Week has announced its Property Awards shortlist for 2017. Looking at the entries for PropTech Company of the Year, I'm surprised...

22 February 2017

From: Breaking News

New property portal unconcerned about OnTheMarket rule

A new regional property portal aiming to sign up 80 per cent of agencies in Yorkshire says it is unconcerned about...

21 February 2017

From: Breaking News

Online operators in firing line of independent agents' group

The Charter for Independent Estate and Letting Agents, which is to be set up formally from next week, has set out...

20 February 2017

From: Breaking News

Purplebricks: 'formal complaint' from independent agents

The fledgling group being set up to represent independent estate and letting agents is preparing a formal complaint about Purplebricks based...

17 February 2017

From: Breaking News

Over 40% of buyers view six or more homes, major survey shows

A survey of 5,000 people by agency chain Your Move reveals that 80 per cent of buyers view three or more...

17 February 2017

From: Breaking News

Kevin Ward, Agent Locator

1) Who are you? Kevin Ward – Director and founder of Agentlocator.co.uk 2) For those not familiar with Agent Locator, can you explain...

16 February 2017

From: 60 Second Interview

A new site that supports and promotes high street agents

A new website supporting high street estate agents has recently launched. Agent Locator provides an online platform for high street estate agents to showcase...

16 February 2017

From: Sponsored Content

Propertymark: new consumer branding for NAEA and ARLA

The National Association of Estate Agents is rebranding to Propertymark NAEA and the Association of Residential Letting Agents is to be...

10 February 2017

From: Breaking News

Agents Do Charity - the kids, bags and kits edition...

Fund-raising is vitally important to so many organisations as one of our agency contributors this week shows - but as other...

10 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

PropTech guru James Dearsley writes for Estate Agent Today

James Dearsley, founder of The Digital Marketing Bureau and arguably the best known figure in the fast-emerging property technology sector, is...

07 February 2017

From: Breaking News

Express story on Brexit house price boost 'seriously inaccurate'

The Independent Press Standards Organisation has ruled that a Daily Express newspaper story - “EU Exit Boosts House Prices” - was...

06 February 2017

From: Breaking News

Agents' Mutual case: tribunal chairman rejects documents request

The Competition Appeal Tribunal hearing involving Agents’ Mutual and Gascoigne Halman, set to start tomorrow, has had a last-minute twist with...

02 February 2017

From: Breaking News

New promoters and later date for Property Press Awards

Property4Media , an online service for journalists, has acquired the annual Property Press Awards. This year’s event will take place in late...

02 February 2017

From: Breaking News

Vendor 'makes £67,500' by using traditional estate agent

A high street agency has turned the online sector’s advertising technique on its head. Instead of a seller revealing ‘saved’ fees by...

31 January 2017

From: Breaking News

Fine & Country beefs up marketing and 'random audits'

Fine & Country says it is to return to the small screen with another round of TV advertising, building on its...

31 January 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

Property Natter: why people crave instant gratification

Instant gratification is nothing new. It’s been around for millennia. It’s an in-built survival instinct for humans – that want, that...

28 January 2017

From: Features

A short-term lettings storm at the seaside

The south’s seaside resorts are stealing the headlines for all the wrong reasons and at the heart of the troublesome issue...

28 January 2017

From: Features

Independent agents' group founder warns against online agencies

A founder of the new organisation seeking to be a trade body for independent estate and letting agents is warning that...

27 January 2017

From: Breaking News

eMoov amends website wording after ASA complaint

The Advertising Standards Authority (ASA) has informally resolved a complaint made against online estate agency eMoov.  The complaint challenged whether two statements...

25 January 2017

From: Breaking News

CIELA formation continues as it begins recruitment drive

The fledgling group aiming to represent independent estate and letting agents is recruiting for a number of unspecified roles to help...

24 January 2017

From: Breaking News

PropTech: Mortgage startup secures £5.5m in funding

Digital mortgage broker habito has announced that it has raised £5.5 million in investment funding.  The firm says it will use the...

24 January 2017

From: Breaking News

Property auctions round-up Q4 ‘16

No longer just a domain for investors, developers and property traders, the auction room is now the preferred option of buying...

21 January 2017

From: Features

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

Analyst heaps praise on only UK property stock I'd ever buy...

An American investment analyst has used the Motley Fool online city column to give a glowing endorsement to one of the...

19 January 2017

From: Breaking News

Online agents accused of being 'callous exploiters' by founder of new group

Online estate agents have been accused to “the callous exploitation of naive sellers” by the software executive behind the idea to...

18 January 2017

From: Breaking News

60 Second Interview: Shameem Golamy, Managing Director of Properstar

1.For those who are not familiar with Properstar yet, how would you summarise your services? Properstar is an online portal that helps...

16 January 2017

From: 60 Second Interview

Top industry trainer promises to 'rattle industry cages' on tour

One of the country’s leading estate agency consultants and trainers, Richard Rawlings, this week embarks on a six-week tour of the...

16 January 2017

From: Breaking News

Property Natter: Q & A with Countrywide’s Sam Tyrer

A post-Christmas treat this week, as I carry out a Q & A with one of the leading figures in property,...

14 January 2017

From: Features

Countrywide claims excellent results from hybrid agency pilot

Countrywide’s controversial hybrid estate agency business has produced “fantastic results” according to Sam Tyrer, the group’s Managing Director, Retail & London. In...

13 January 2017

From: Breaking News

Former Foxtons boss invests in Viewber outsourced viewing service

Peter Rollings, the well-known former managing director of Foxtons, has taken a stake in Viewber, the recently-launched outsourced viewing service.  Viewber allows...

12 January 2017

From: Breaking News

Does sharper-than-usual stock fall-off mean a difficult 2017?

The seasonal slowdown in property supply was much sharper than usual in December, claims an online agency which monitors property listings...

10 January 2017

From: Breaking News

EweMove's cut-price franchise offer to lure traditional agents

EweMove - the hybrid agency now part of Martin & Co’s Property Franchise Group - is slashing its up-front franchise fee...

09 January 2017

From: Breaking News

Purplebricks: 'people may never accept technology-only sales'

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

Internet property pioneer says online agents must raise prices

One of the earliest entrepreneurs to found a website to allow for-sale-by-owner property listings back in 2000, predicts current online agents...

05 January 2017

From: Breaking News

Shelter says many owners will struggle if mortgage payments rise £50

Campaigning charity Shelter predicts as many as four in 10 owners or renters in one part of the UK would struggle...

05 January 2017

From: Breaking News

'Expect more big agency firms to back online projects in 2017' - claim

The head of a new ‘disruptive’ online mortgage service says 2017 will see more major estate agency and other property businesses...

30 December 2016

From: Breaking News

Number of agency offices in London increases, despite downturn

New research suggests there has been a slight increase in the total number of estate agency offices in Greater London this...

21 December 2016

From: Breaking News

Thousands of agencies in financial distress warns insolvency firm

An insolvency firm active in the property sector says that after a year of major taxation, legislative and economic volatility, many...

19 December 2016

From: Breaking News

Human interaction with tech is a winning combination

Technology has been continuing to shape the way estate agents manage their customer service offering for years. It’s now a completely...

17 December 2016

From: Features

CMA to make conveyancers publish home-moving charges online

Conveyancers are to be told to publish the charges for their house-moving services in a bid to help consumers and to...

16 December 2016

From: Breaking News

New online monitor shows female agents are paid 18% less than men

An online tool created by the Government Equalities Office reveals that women working in estate agency and auctioneering in the UK...

15 December 2016

From: Breaking News

Are landlords about to ditch letting agents and go it alone?

Next year is likely to be a challenging time for letting agents, following a raft of changes introduced by the government...

09 December 2016

From: Features

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

Compliance update: Immigration Act 2016

With effect from the 1st December 2016, amendments to the Immigration act 2014 were made through the Immigration Act 2016.    The soundbite...

09 December 2016

From: Features

Connells-owned online agency Hatched plans 2017 regional expansion

Hatched, the online agency snapped up just over a year ago by Connells in what was described as an ‘industry defining’...

09 December 2016

From: Breaking News

Agency tries £1 stunt fee offer to drive Christmas web traffic

A single-branch agency operating around Blackpool is offering vendors ultra-low fees if they register their homes for sale online on Boxing...

09 December 2016

From: Breaking News

Property Natter: five things we’ve learnt this year

What a mad, bonkers year it’s been. We’ve had, in no particular order: Trump, Brexit, Leicester winning the Premier League, a...

03 December 2016

From: Features

How to spot fake estate agent reviews

2016 has undoubtedly shone a spotlight on the reviews industry and drawn into question the legitimacy of online customer reviews.  Amazon, amongst...

03 December 2016

From: Features

OnTheMarket portal now listing some commercial properties

OnTheMarket is now listing UK commercial properties to rent and for sale.  The portal says this is “closely aligned with its UK residential search...

02 December 2016

From: Breaking News

24-hour tube gives nearby homes 10% uplift says data consultancy

One of Britain’s most prominent property data companies says homes near London Underground tube stations with 24-hour trains will see a...

28 November 2016

From: Breaking News

Invisible juggling – estate agents’ impressive skill

As circus performers, most estate agents would fail. Some of you might find that difficult to comprehend. After all, many uninformed members...

26 November 2016

From: Features

Countrywide: Platt's revolution goes on despite latest share price slump

Countrywide chief executive Alison Platt has told Estate Agent Today the transformation she wishes to see within the group may take...

25 November 2016

From: Breaking News

Pay As You Go online agency promises to 'disrupt the disruptors'

An estate agency described as operating a ‘pay as you go’ business model says it wants to “disrupt the disruptors” operating...

25 November 2016

From: Breaking News

Countrywide: big transactions slump - with warning of worse to come

A trading update released by Countrywide this morning shows a 29 per cent slump in London exchanges in the third quarter...

24 November 2016

From: Breaking News

Traditional agents have got fat and lazy says high-profile buying agent

Prominent buying agent, TV housing market commentator and hard-core tweeter Henry Pryor has accused traditional estate agents of becoming “fat and...

23 November 2016

From: Breaking News

Countrywide hybrid agency idea came from market research, says chief

Countrywide’s marketing chief says the estate agency group’s controversial hybrid sales model - to be rolled out to a quarter of...

23 November 2016

From: Breaking News

Why do agents need a fast, responsive website?

In the world of property and estate agency, competition is always fierce. It’s the same when it comes to your website....

22 November 2016

From: Sponsored Content

Local Property Experts 'are more proud than traditional agents'

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

Auction House claims sale within seven hours of winning instruction

Auction House London claims it has sold a £1m property for its full asking price within seven hours of receiving the...

22 November 2016

From: Breaking News

So just who is Britain's most successful modern housing minister?

The Daily Mail has calculated which of the 13 housing ministers in office before this autumn has been the most successful,...

21 November 2016

From: Breaking News

Sarah Beeny's online Tepilo opens new HQ after turnover doubles

Tepilo, Sarah Beeny’s online estate agency, has opened a new headquarters in central London after doubling its turnover in the past...

18 November 2016

From: Breaking News

Online agency Hatched agrees to withdraw marketing letters

The online agency Hatched has agreed to withdraw marketing letters following a complaint to the Advertising Standards Authority. The ASA says a...

16 November 2016

From: Breaking News

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