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KEYWORD "Profitability" - 66 RESULTS
Portals say future changes will be for agents - not to be simply 'disruptive'

Here’s the final part of our questioning of the three portals based on comments and queries from our readers - thanks...

12 December 2019

From: Breaking News

Training - how can you be the best estate agent?

Here at sales progression and communication tool mio, we recently caught up with Sarah Edmundson, co-director of The AllStars Group, the...

30 November 2019

From: Features

Exec behind Rightmove’s massive profitability will quit next year

Rightmove has announced that Robyn Perris is to step down as finance director next year after 12 years at the company. During...

12 November 2019

From: Breaking News

OnTheMarket share price flops as Rightmove complaints rise

OnTheMarket’s share price slumped to an all-time low just before the end of trading last week. The price fell to 69.0p during trading on...

11 November 2019

From: Breaking News

Property Natter - what makes for an effective CRM?

In a previous Natter, I promised to talk more about CRMs – and here I stick to that promise. Following on from...

21 September 2019

From: Features

PropTech Today: Maybe the portals should just take over?

I remember the day well; the day we all fell foul of addiction, the day our website was launched. Until then, at...

11 September 2019

From: Breaking News

EweMove hybrid defends recruiting franchisees with no agency experience

The parent company of franchised hybrid estate agency EweMove says that experienced estate agents outperform inexperienced franchisees - but only for...

10 September 2019

From: Breaking News

Countrywide insider claims up to 250 branches may have closed

Countrywide’s branch closure programme, shrouded in secrecy even to shareholders, may have involved shutting 250 offices according to an insider. The individual...

14 August 2019

From: Breaking News

How can technology help letting agents become more efficient?

Have you asked yourself why technology is so important in letting agency today? Just look around and you will know why. Almost...

03 August 2019

From: Features

Connells says it's UK's most successful estate agent despite profits dip

Connells Group has this morning announced a profits dip for the first six months of the year.  Its pre-tax profits were £26.2m...

31 July 2019

From: Breaking News

Price falls ahead for overheated London and south east - warning

Online estate agency Yopa is warning of price falls ahead in London and south east England - although price rises elsewhere...

17 July 2019

From: Breaking News

Theresa May’s legacy - how has housing fared under her government?

Theresa May arrived in Downing Street some three years ago - but her premiership has not been a smooth ride. As she...

06 July 2019

From: Features

ONE WAY TO BEAT THE INDUSTRY BLUES

 – use technology to build a trusted brand as a people-focused custodian of client money Non-stop regulatory changes in the industry are...

01 July 2019

From: Sponsored Content

Rightmove warned that it must innovate to survive

An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of...

20 June 2019

From: Breaking News

OnTheMarket converts just 1,000 branches from free to paid deals

Figures released from OnTheMarket this morning suggest that its conversion programme for agents shifting from free deals to paid membership is...

13 June 2019

From: Breaking News

Countrywide redundancies: dozens of sales progression staff may go

Countrywide is declining to comment on speculation that it is making 36 of its sales progression staff redundant. Estate Agent Today, which...

12 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

At least three Countrywide brands thought to be closing branches

It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today...

31 May 2019

From: Breaking News

Countrywide: share price sinks, closure and sell-off rumours swirl

Rumours continue to circulate about possible large-scale branch closures at Countrywide; its share price ended trading today at its lowest ever...

30 May 2019

From: Breaking News

Historic London agency aims to expand with new franchise offering

London agency Chestertons is launching a franchise offering which will allow businesses outside of the capital to operate under the Chestertons...

10 May 2019

From: Breaking News

Millionaire with no property experience puts cash into online agency service

A millionaire who has not previously invested in the property industry has taken the plunge by funding an online agency network. The...

15 April 2019

From: Breaking News

Property Natter: great advertising campaigns for independent estate agents

When you think of the best ad campaigns – from moustachioed opera singers and talking meerkats to millions of bouncing balls...

06 April 2019

From: Features

Is innovation the key to thriving in the property sector?

It’s a testing time for the property industry, amid Brexit fears, a slowing market and the looming tenant fees ban.  There’s no...

03 April 2019

From: Features

 New portal says it’s better than Rightmove and Zoopla for investors

A portal powered by Artificial Intelligence claims it is offering investors a much-needed and superior alternative to Rightmove and Zoopla. One &...

21 February 2019

From: Breaking News

 New portal is free-to-list for agents and ready to launch in the UK

A new free-to-list property portal is launching in the UK, and has a pledge to serve over 20 counties by the...

13 February 2019

From: Breaking News

No Sale, No Fee - how EweMove bucked the online sector's stagnation

The Property Franchise Group says its online/hybrid agency EweMove traded profitably throughout  last year and will show “a significant improvement” over...

06 February 2019

From: Breaking News

Agency warns: high house prices and housing shortage hurting business

Strutt & Parker says the housing crisis - in the shape of too few homes and their stubbornly high prices -...

05 February 2019

From: Breaking News

London agency 'doubles profit' and is on the prowl for acquisitions

Chestertons says its profitability in 2018 doubled compared to the previous year, but appears to have relied heavily on lettings for...

21 January 2019

From: Breaking News

In Light of the Fee Ban, Can PropTech Firms Damage Control?

Recent years have seen tighter regulation and new legislation hit the lettings industry. Combined with the fee ban, there is no...

10 January 2019

From: Sponsored Content

Welcome to 2019: The Year of Brexit and Ban

It’s safe to say that the majority of agents will be glad to see the end of the past two years....

02 January 2019

From: Features

The top 10 property personalities of 2018

There’s nothing new about identifying 10 figures who have helped shape an industry over the past year, but that doesn’t mean...

28 December 2018

From: Features

Emoov’s humiliation - the fallout for the industry

Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...

08 December 2018

From: Features

Why the best PropTech isn’t expensive

PropTech has been mainstream for a few years now, and as more agents are familiar with the range of products and...

01 December 2018

From: Features

More trouble for Countrywide as bank slashes key 'target price'

The Swiss investment bank Credit Suisse has slashed its target share price for the company from 77p to only 17.2p.  The reason...

09 August 2018

From: Breaking News

PropTech Today: What do Rightmove and WeWork have in common?

There have been two stories dominating the PropTech headlines over this past week. As WeWork places a gentle arm around the...

01 August 2018

From: Breaking News

Referral fees – why a ban won’t make services cheaper

We are currently engaged in consultations with our members to help to find a practical solution to the concern of the...

21 July 2018

From: Features

OnTheMarket vs Rightmove?

As you probably know, I have been no fan of OnTheMarket (OTM) over the years. You may see this admission as...

20 July 2018

From: Features

Give Purplebricks more credit, says analyst rejecting criticism of agency

One of the top PropTech analysts in the world, Mike DelPrete, says Purplebricks deserves more credit for its performance in the...

17 July 2018

From: Breaking News

Online and traditional auction houses slug it out for dominance

The rivalry between online and traditional property auction companies continues apace with one high profile player from each camp claiming major...

14 June 2018

From: Breaking News

The Rightmove money machine - is it running out of steam?

A leading property industry analysts says Rightmove may be amongst the top portals in the industry worldwide, but it is facing...

08 June 2018

From: Breaking News

Expanded Emoov now one of the UK's top seven agencies, says Quirk

Russell Quirk, chief executive of Emoov, says his agency is now one of the top seven in the UK following its...

08 June 2018

From: Breaking News

Emoov woos developers with online package to sell new homes

Hybrid agency Emoov is now offering a tailored sales package aimed at attracting developers listing and selling new homes. Rather than paying...

23 April 2018

From: Breaking News

Countrywide reveals 'Back To Basics' plan for 2018 and scraps online service

The troubled Countrywide group has this morning revealed its recovery plan to get - in its words - ‘back to basics’...

08 March 2018

From: Breaking News

Agents' PropTech Toolshed: Who am I and recruiting PropTech

PropTech has been the industry soundbite for the last couple of years. For many of my fellow agents, I think it’s one...

17 February 2018

From: Features

Countrywide's earnings could be lower than expected, warns Jefferies

City broker Jefferies is warning that Countrywide’s earnings as calculated through the EBITDA measure could drop to as little as £50m -...

15 February 2018

From: Breaking News

LSL diversifies from agency work with £5.4m mortgage firm acquisition

LSL Property Services is beefing up the mortgage arm of its activities.  It has acquired the mortgage adviser network Personal Touch in...

01 February 2018

From: Breaking News

Ten top tips for selling your business in 2018

What do you need to know if you are considering selling your sales or lettings business?  Here’s ten top tips to think...

24 January 2018

From: Features

Cash burn could be worry for Purplebricks, claims investment website

The Motley Fool, the financial services company that provides investor advice, has published an article raising doubts about Purplebricks’ long-term profitability. Investment writer...

11 January 2018

From: Breaking News

Financial crime – are estate agents at risk?

The spread and sophistication of financial crime in the UK in recent years has been unprecedented.  Figures from UK Finance show that...

04 November 2017

From: Features

New analysis shows Purplebricks' massive domination of online sector

A long-standing traditional agent says the real success of online agencies is not their share of the market but that they...

18 October 2017

From: Breaking News

Purplebricks: investment website raises questions over its profitability

Investment website The Motley Fool says comparisons between forecast and actual profits reported by Purplebricks suggest the company’s position isn’t -...

02 October 2017

From: Breaking News

Profits plunge at Countrywide as CEO admits tough year so far

Countrywide has revealed a massive plunge in its profits for the first six months of 2017.   Pre-tax profit for the six months...

27 July 2017

From: Breaking News

Reviewing your business objectives – five top tips

Our recent roundtable on the proposed ban on tenant fees generated ten tips for growing a lettings business. We’re exploring each tip in more...

20 May 2017

From: Features

'Optimised websites' are next goal after agency group's winning streak

The Property Franchise Group says it has seen 13 consecutive years of growth for the five High Street brands within its...

02 May 2017

From: Breaking News

Agents: Here’s how to review your cost base

Our recent roundtable on the government’s proposed ban on tenant fees generated ten top tips for growing your business.  We plan to...

22 April 2017

From: Features

Property Natter: How to improve your agency - a view from the inside

For my latest Property Natter I have sought the opinions of two well-known property consultants - Michael Day, managing director of...

01 April 2017

From: Features

Newly-launched PropTech company joins ESTAS sponsor roll-call

The ESTAS awards have a new main category sponsor - PropTech company OneDome. The OneDome service, launched last month, provides free-to-use information...

14 December 2016

From: Breaking News

Agent and conveyancer relationships must go beyond the bottom line

Working relationships between estate agents and conveyancers can be mutually beneficial with the referral of work between parties. However, they are missing...

12 November 2016

From: Features

Rightmove may be world's most profitable property portal, says analyst

A leading PropTech analyst has compared the finances of many of the world's leading property portals and says Rightmove is earning...

03 November 2016

From: Breaking News

Senior Tory MP is latest to raise concern at Land Registry sell-off threat

MP Bernard Jenkin, the chairman of the public administration committee, is the latest to raise concerns at the possible privatisation of...

01 August 2016

From: Breaking News

Online, traditional – can we learn anything from the conveyancing industry?

I have spent the last 20 years working within the conveyancing business, alongside estate agents and I can’t help feeling a...

06 May 2016

From: Features

Post-Brexit slump 'could wipe 50% off portals and Purplebricks' claim

The Motley Fool, a widely-read City investment column, says a Leave vote could result in a fall in housing market transaction...

04 May 2016

From: Breaking News

Countrywide to reveal how well (or badly) it does every six months

Countrywide has taken the highly-unusual step of announcing that it will reveal key performance indicators every six months, come rain or...

29 February 2016

From: Breaking News

Countrywide: 2016 is make or break year, warn analysts

Financial analysts at City consultancy Jefferies - which helped Countrywide float on the stock market - say 2016 is a key...

26 February 2016

From: Breaking News

City updates: Countrywide profits slump as Zoopla agents and visits soar

Countrywide has given what it admits is a “mixed performance” in 2015 with a major reduction in operating profits, although it...

25 February 2016

From: Breaking News

Andrews announces record turnover

Eighty branch agency Andrews & Partners has reported a 12.9% rise in revenue, representing the company's highest ever turnover figure and...

20 August 2015

From: Breaking News

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