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KEYWORD "PURPLEBRICKS" - 101 RESULTS
Selling Homes Like Selling Broadband, says Purplebricks figure

A new senior figure in Purplebricks claims the agency has much in common with selling broadband.  Nick Gunga is the new chief...

14 June 2024

From: Breaking News

Yopa challenges online agency ‘misconceptions’

Yopa is achieving almost £13,000 more than the average agent on a typical £450,000 home, the online agency brand claims. Using TwentyCi...

10 June 2024

From: Breaking News

ITV invests in Purplebricks – how the deal works

Agents can expect to see a lot more of Purplebricks on their TV screens after ITV chose the online agent for...

23 May 2024

From: Breaking News

Purplebricks secures investment from ITV

Purplebricks has received a media-for-equity investment from ITV. The deal is worth up to £4.5m, the online agent said..  It is the first major...

22 May 2024

From: Breaking News

Industry Views - Do Online Estate Agencies Exist Any More?

Is there such a thing as an online estate agency any more? A decade ago, about the time I started editing Estate...

18 May 2024

From: Features

Yopa boss rebuffs claims that online agents lack sales motivation

Verona Frankish has hit back at critics who claim fixed-fee agents who charge upfront fees have no motivation to sell. Frankish, chief...

16 May 2024

From: Breaking News

Purplebricks launches Mortgage division

Purplebricks has launched launched a mortgage divison, known formally as Purplebricks Mortgages Limited This will see a team of more than 150...

30 April 2024

From: Breaking News

Strike secures another year of investor backing after posting 2023 loss

Strike remained in the red in the run up to its acquisition of Purplebricks last year and has new financial backing...

16 April 2024

From: Breaking News

Industry Views - Purplebricks Is Right - We All Need A BS-Tester

Who says irony is dead? That Purplebricks, of all agencies, should promote the idea of a ‘BS-Tester’ to identify false promises by...

06 April 2024

From: Features

Is The Agency UK going to do ‘a Purplebricks?’

One of the founders of self-employed brand The Agency UK (TAUK) has set out hopes for the business to dominate the...

20 March 2024

From: Breaking News

Agency brothers launch social network for property professionals

Two brothers who previously worked as estate agents have launched a new networking platform for property professionals in the UK. Chris Tremlett,...

31 January 2024

From: Breaking News

Thousands of agency branches shut amid self-employed shift

A shift towards self-employed estate agency models has contributed to a decline in estate agency branches, research suggests. Analysis by property data...

16 January 2024

From: Breaking News

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

Merry Christmas to all our readers!

T'was three nights before Christmas, when all through the site, We’ve delivered thousands of stories to bring you delight. We’ve had Strike turn...

22 December 2023

From: Breaking News

Agents warned to prepare for ‘zombie threat’ of Purplebricks

Agents have been warned to be wary about the resurgence of Purplebricks. It comes after the online brand was taken over by...

18 December 2023

From: Breaking News

More ‘commisery?’ Purplebricks appoints media agency to boost brand

A media agency that has worked with brands such as Toyota and TalkTalk has been appointed to revive Purplebricks' fortunes. Purplebricks has...

14 December 2023

From: Breaking News

Purplebricks replaces Strike brand

Purplebricks has shifted to a free pricing model and will replace the Strike brand. It follows Strike’s acquisition of Purplebricks earlier this...

12 December 2023

From: Breaking News

Market share of self-employed agents ‘rapidly growing’ – research

The market share of self-employed agents has grown by a third in the past year and by 500% since 2018 even...

28 November 2023

From: Breaking News

Agent sacked by eXp after TV allegations

Self-employed agency brand eXp has terminated the contract of agent Ian Wyn-Jones following allegations about his working practices. Wyn-Jones, who joined eXp...

23 November 2023

From: Breaking News

Online market share falls as sellers ‘seek traditional expertise’

The market share of online and hybrid agents for exchanges has fallen again during the third quarter. Figures from property data firm...

20 October 2023

From: Breaking News

Knight Frank prepares for job cuts

Knight Frank has entered a redundancy consultation process with staff. The agency and property brand has said up to 3% of roles...

19 October 2023

From: Breaking News

Regional agent names former Purplebricks executive as new CEO

A former senior executive for Boomin and Purplebricks has returned to traditional estate agency. Tom Kirk, previously chief product officer for Boomin...

18 October 2023

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

Marketing guru: ‘Why Strike brand must be retired for Purplebricks’

Marketing expert Simon Leadbetter has recommended that Purplebricks absorb its owner’s brand to consolidate its market position.  Leadbetter, former group marketing director...

12 September 2023

From: Breaking News

Top agents who keep the customer satisfied - survey

A new survey has scored the top ten national real estate brands in terms of reputation, value and customer satisfaction. Using YouGov...

05 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

Strike staff escape cuts as Purplebricks employees face restructure

Purplebricks staff are facing job cuts just months after the takeover by Strike. A spokesperson for Purplebricks has confirmed rumours that it...

07 August 2023

From: Breaking News

Online agency market share dwindles again

The market share of online and hybrid agents reduced further during the second quarter of 2023, new figures show. Analysis from property...

20 July 2023

From: Breaking News

Yopa boss: 'The online agent label is a misnomer'

The gap between online and traditional high street agents has shrunk, the chief executive of Yopa has claimed. Speaking at the Propertymark...

29 June 2023

From: Breaking News

Purplebricks set for stock market exit

Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...

16 June 2023

From: Breaking News

Purplebricks cuts fees in latest disruption attempt

Purplebricks has claimed it is returning to its 'disruptive roots' after unveiling a cheaper pricing model. The online agent, officially acquired by...

06 June 2023

From: Breaking News

‘Exciting plans’ ahead as Strike completes Purplebricks takeover

The boss of new Purplebricks owner Strike has said he has “exciting plans” for the brands. It comes as Strike was officially...

05 June 2023

From: Breaking News

Shareholders back Strike takeover of Purplebricks

Shareholders have backed the sale of Purplebricks to online rival Strike. A general meeting was held this morning for shareholders to consider...

02 June 2023

From: Breaking News

Purplebricks finances 'significantly worse than expected' - claim

The investment group which today withdrew an offer to buy Purplebricks says it did so because "the financial condition of Purplebricks...

31 May 2023

From: Breaking News

Purplebricks faces new sale woes

 A case brought by claims firm Contractors for Justice (C4J) against Purplebricks over its agents alleged rights to certain employment benefits...

30 May 2023

From: Breaking News

Activist shareholder considering rival bid for Purplebricks

A rival offer could be on the cards for Purplebricks. The online brand has revealed that it has received an indicative proposal...

26 May 2023

From: Breaking News

Only poor agents lost out to Purplebricks ‘commisery’ campaign - claim

No ‘brilliant’ agents will have lost out from Purplebricks’ controversial ‘commisery’ campaign, the beleaguered brand’s former head of customer support has...

26 May 2023

From: Breaking News

Jonathan Rolande: Are bungalows the answer to the housing crisis?

It has been another busy week in the property sector.  In his latest column, property commentator Jonathan Rolande, provides his take on...

19 May 2023

From: Breaking News

Strike boss: Purplebricks ‘entrepreneurial spirit’ will boost our business

Strike chief executive Sam Mitchell has said he is looking forward to building a “new force” in the property industry after...

18 May 2023

From: Breaking News

Purplebricks agrees sale to Strike for £1

Purplebricks has agreed a sale of its business to online rival Strike for a consideration of £1. It brings an end to...

17 May 2023

From: Breaking News

GetAgent offers Purplebricks vendors ‘£300 lifeline’ 

Estate agent comparison site GetAgent has handed a lifeline to struggling Purplebricks sellers. It has announced that it will give home sellers...

12 May 2023

From: Breaking News

Property week in review: Interest rates, house prices and purple woes

It has certainly been a very busy week for news in the housing sector.  Here, the first of a new series of...

12 May 2023

From: Breaking News

Mystery as major Purplebricks backers sell shareholdings

Two major Purplebricks shareholders have sold their stakes in the beleaguered brand, raising speculation over who they have sold to. Regulatory filings...

11 May 2023

From: Breaking News

Strike and Purplebricks enter takeover talks

Online agent Strike has been granted an exclusivity period to negotiate a possible takeover of its rival Purplebricks. A late stock market...

10 May 2023

From: Breaking News

Purplebricks’ shares crash to new low after cash warning

Investors were licking their wounds yesterday after the Purplebricks’ share price plummeted by 60% off the back of warnings that it...

10 May 2023

From: Breaking News

Purplebricks cash reserves under threat

Purplebricks has warned its cash reserves are under threat if its strategic review and sales process isn’t completed soon. A trading update...

09 May 2023

From: Breaking News

Strike falls deeper into the red as it eyes Purplebricks

Strike has fallen further into the red, its latest annual accounts show. The online agent’s financial statement for the 12 months to...

24 April 2023

From: Breaking News

Online agents hit by decline in market share 

Online agents have failed to capitalise on the cost of living crisis and have seen their market share for exchanges drop...

21 April 2023

From: Breaking News

TPFG is shopping for agency brands - but nothing purple

The Property Franchise Group (TPFG) is ready for another acquisition, its chief executive has said. After successfully integrating Hunters into the TPFG...

19 April 2023

From: Breaking News

Purplebricks tops leaderboards for sales and listings

Purplebricks was the top brand for new listings and sales agreed during March, new data shows. A new quarterly market report launched...

17 April 2023

From: Breaking News

eXp UK passes 400 agent milestone

Self-employed agency network eXp UK has passed the 400 agent mark and beyond. The brand has announced that it now has 401...

17 April 2023

From: Breaking News

Purplebricks shares hit record low amid offer update

Purplebricks’ share price hit a new low during trading yesterday amid its latest update on the potential sale of the beleaguered...

13 April 2023

From: Breaking News

Strike given more time to decide on Purplebricks offer

Purplebricks remains in discussions with “credible bidders” about a sale of its business, a stock market update has revealed. An announcement from...

12 April 2023

From: Breaking News

Agent explains why he is thankful for Purplebricks

A regional estate agent has outlined how the rise and fall of Purplebricks has actually been a good thing for high...

21 March 2023

From: Breaking News

Purplebricks shares boosted by takeover rumour

News of a potential takeover gave Purplebricks’ share price a boost yesterday. Its share price rose 15.5% in a day after Estate...

16 March 2023

From: Breaking News

Purplebricks confirms interest from Strike

Purplebricks has confirmed that it has been in discussions with online agency rival Strike regarding a potential takeover offer. As reported by...

15 March 2023

From: Breaking News

Strike ‘interested’ in Purplebricks takeover

Online agency brand Strike is believed to be considering a bid for beleaguered rival Purplebricks. A source close to the talks has...

15 March 2023

From: Breaking News

Purplebricks backer removes board representative

A representative of major Purplebricks shareholder Axel Springer has stood down from the online agent’s board. It comes as the beleaguered brand...

07 March 2023

From: Breaking News

Purplebricks has received 'credible expressions of takeover interest'

Purplebricks has received “several credible expressions of interest” since putting itself up for sale last month, the online agent has revealed. The...

01 March 2023

From: Breaking News

Purplebricks share price plummets as former agent makes £1 takeover offer

Purplebricks’ share price has continued falling after it informed the markets that it is up for sale last week. The beleaguered agency’s...

21 February 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

Purplebricks considers sale as it launches strategic review

Purplebricks is considering an alternative ownership structure to ‘better realise the potential of the group.’ The beleaguered online agent launched a strategic...

17 February 2023

From: Breaking News

Reader poll: Do you charge for AML checks?

A majority of Estate Agent Today readers have revealed they do not charge for anti-money laundering checks but around a quarter...

15 February 2023

From: Breaking News

Purplebricks’ ‘superbrand’ status starts to slip

Purplebricks has seen its status as a so-called ‘superbrand’ decline while Savills remains the most highly-rated agency brand. The Superbrands listings are...

13 February 2023

From: Breaking News

Former Purplebricks agents help drive self-employed brand’s UK expansion

Self-employed agency brand eXp UK has attracted a trio of former Purplebricks agents as it continues its expansion into Scotland and...

09 February 2023

From: Breaking News

Purplebricks criticised over new £60 AML fee

Purplebricks has begun charging buyers and sellers a £60 fee for anti-money laundering (AML) checks. An online message to potential buyers interested...

08 February 2023

From: Breaking News

Property analyst: Falling mortgage rates are 'false positive' for the market

Falling mortgage rates are a “false positive” for the health of the property market, analyst Davy Research has warned.  A housing research...

06 February 2023

From: Breaking News

Property Jobs Today - the movers, shakers and people in the news

It has been a busy start to the year for job moves. If you want your jobs or appointments news to feature...

31 January 2023

From: Breaking News

Online agents grow market share but ‘fail’ in higher-value markets

Online agents increased their market share in 2022 but are struggling to break into higher value markets, new data has revealed. Data...

26 January 2023

From: Breaking News

Online agents to suffer from more selective sellers – claim

Sellers are set to become more selective about their estate agent this year, which could hit online brands such as Purplebricks,...

16 January 2023

From: Breaking News

From Boomin to boilers! Industry veteran joins Heatable

Estate agency veteran Paul Vickerstaff has found a new job with Heatable following the collapse of Boomin. Vickerstaff had joined the challenger...

09 January 2023

From: Breaking News

Guild agents grow market share amid wider decline - claim

Agents within The Guild of Property Professionals are the only grouping in the top five positions that has seen new instruction...

21 December 2022

From: Breaking News

Purplebricks shares hit new low following crunch vote 

Purplebricks’ share price hit a new low of 9.02p yesterday despite its chairman Paul Pindar surviving a crunch vote to oust him. Lecram...

20 December 2022

From: Breaking News

Purplebricks chairman survives crunch shareholder vote

Purplebricks chairman Paul Pindar has survived an attempt by activist investor Lecram Holdings to oust him. The activist investor, which has a...

19 December 2022

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

Purplebricks markets itself as ‘more affordable’ agency option

Purplebricks is marketing itself as a way for homeowners to save money while selling their home amid the cost of living...

14 December 2022

From: Breaking News

2023 - this is what’s going to happen

Is it really just a year ago that we were nervously wondering whether yet another Christmas would be Covid-affected? Little did we...

10 December 2022

From: Features

Shareholders 'can't afford to wait for Purplebricks to run out of money'

Purplebricks’ activist investor Lecram Holdings has warned shareholders can’t afford to wait ‘while the business runs out of money’ in a...

09 December 2022

From: Breaking News

Purplebricks regulation review highlights ‘instances of non-compliance’

An internal review has found examples of non-compliance with regulations at Purplebricks, the online agent’s half-year results have revealed, which could...

08 December 2022

From: Breaking News

Purplebricks moves deeper into the red

Purplebricks chief executive Helena Marston insists the brand's turnaround plan is working after posting a half-year loss this morning and revealing...

08 December 2022

From: Breaking News

Analyst: Property market is not facing Armageddon

A market analyst has rejected claims that the property market is heading for so-called ‘Armageddon.’ Rising interest and mortgage rates as well...

07 December 2022

From: Breaking News

Purplebricks planning to be ‘less susceptible to housing market whims’

Purplebricks is working on ways to diversify its revenue stream to be less susceptible to the whims of the housing market,...

05 December 2022

From: Breaking News

Industry veteran warns of 20% house price drops

Industry veteran Harry Hill has become the latest to warn of a drastic decline in house prices. The Rightmove founder and former...

05 December 2022

From: Breaking News

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

Online Estate Agents - the new dinosaurs of house selling

I’ve just read an article saying that this is the time of the online estate agency. The time in question is, of...

26 November 2022

From: Features

Purplebricks ‘too focused on brand over customer experience’ – claim

Purplebricks has got itself into a bind due to its addiction to brand awareness over addressing the customer experience of paying...

25 November 2022

From: Breaking News

Purplebricks: Why shareholders should vote against chairman change

Purplebricks has written to shareholders urging them to reject “disruptive” resolutions calling for chairman Paul Pindar to be sacked and replaced...

24 November 2022

From: Breaking News

Purplebricks sets date for crunch chairman vote

Purplebricks has set a date for a crunch vote over the future of its chairman. It comes after shareholder Lecram Holdings used...

23 November 2022

From: Breaking News

Major Purplebricks shareholder’s stake down by half - claim

Axel Springer’s investment in beleaguered online agent Purplebricks is now worth half its original value, it has been claimed. An article by...

23 November 2022

From: Breaking News

Property Natter – is this the end for fixed-fee online estate agency?

Aside from all the news surrounding the Autumn Statement this week, which will have a significant bearing on the property market...

19 November 2022

From: Features

Purplebricks urged to bring Countrywide founder on board

Activist investor Lecram Holdings has used its new 5.16% stake in Purplebricks to call for the beleaguered online agent to remove...

09 November 2022

From: Breaking News

Agency partnership brand launches roadshow for new recruits

Self-employed estate partnership brand The Agency UK (TAUK) has launched a series of roadshows to attract agents to its offering. The company...

03 November 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

Purplebricks finance chief leaves after just a year in post

Purplebricks chief financial officer (CFO) Steve Long is to leave the online agent after just a year in the role. The beleaguered...

27 October 2022

From: Breaking News

Online agents 'slightly' increase market share

The market share of hybrid and online agents increased slightly during the third quarter of 2022 but firms are still struggling...

20 October 2022

From: Breaking News

Purplebricks shareholder doesn’t rule out EGM on chairman position 

Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...

11 October 2022

From: Breaking News

The battle for Purplebricks – who are the main shareholders?

The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...

10 October 2022

From: Breaking News

Property Natter – why brand reputation is more crucial for smaller firms

In tougher times – as is the case now, post-Covid, post-Brexit, cost-of-living crisis, war in Ukraine, etc – reputation and consumer...

08 October 2022

From: Features

Activist investor hits important 5% stake in Purplebricks

Activist investor and Purplebricks critic Lecram Holdings has increased its shareholding in the beleaguered online agent to 5%. The position means it...

06 October 2022

From: Breaking News

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