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KEYWORD "Purplebricks" - 377 RESULTS
'Local property experts' - controversial advice issued by ad watchdog

The Advertising Standards Authority has today issued a three-point guidance note for estate agents, including controversial interpretations of what constitutes a...

18 July 2018

From: Breaking News

Emoov's 'final' crowdfunding tops £1.5m with two weeks left to run

Emoov’s latest crowdfunding campaign has now gone well over £1.5m, making it already 50 per cent over-funded already from its original...

18 July 2018

From: Breaking News

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

New twist in row over agent refusing to delete claims about Purplebricks

There’s a new twist in the row between a Cornish agent and the Advertising Standards Authority. The row revolves around a tweet...

16 July 2018

From: Breaking News

 Property Natter: what has 2018 brought so far?

First things first, I have to mention the World Cup. The dream is over, football’s not quite coming home (not until...

14 July 2018

From: Features

Rebel agent turns fire on ZPG as advertising watchdog ponders sanctions

The Advertising Standards Authority says its compliance team is considering its next steps following the refusal of estate agency PDQ Estates...

12 July 2018

From: Breaking News

Online agency share now hits 8% of the market says new survey

Over 15,000 households have exchanged after listing with an online agent in the second quarter of 2018 - that’s eight per...

11 July 2018

From: Breaking News

Banned! Maverick agent must not repeat claims about Purplebricks

An agent from Cornwall who has waged a long-running campaign against online agencies in general and Purplebricks in particular has been...

11 July 2018

From: Breaking News

Auctioneer selling Purplebricks and Countrywide homes reports strong sales

Auction House says the number of lots it sold in the first half of 2018 was some 3.8 per cent up...

11 July 2018

From: Breaking News

My role in latest ‘good value’ Purplebricks expansion, by PropTech guru

Leading PropTech guru Mike DelPrete has revealed that he was involved in Purplebricks’ latest expansion, entering the Canadian agency market via the...

10 July 2018

From: Breaking News

More investment in Purplebricks as Axel Springer increases its stake

The German publishing company Axel Springer has increased its stake in Purplebricks to 12.5 per cent - and says it may...

09 July 2018

From: Breaking News

Purplebricks the largest UK estate agency: 'So what?' says stock market

The stock market and at least one City analyst have shrugged their shoulders at the claim by Purplebricks that it is...

06 July 2018

From: Breaking News

Want more new homes? Then cut the red tape, say property chiefs

Some of Britain’s top property experts say bureaucracy, lack of cooperation and a dwindling number of smaller builders are the main...

06 July 2018

From: Breaking News

Purplebricks: UK revenue up 81%, 630 LPEs and 74% of online share

  Purplebricks says it enjoyed an 81 per cent growth in revenue in the UK the year to the end of April and...

05 July 2018

From: Breaking News

England win! - our match review features Emoov and Purplebricks (sort of...)

Any fingernails left after last night’s thriller? It was a cracker of a game, particularly the last 45 minutes...and then the...

04 July 2018

From: Breaking News

Analyst predicts Purplebricks will report increased losses this week

Purplebricks is reported to be set to reveal increasing losses when it issues its full-year financial results to the London Stock...

03 July 2018

From: Breaking News

Purplebricks breaks into Canada; acquires fixed-fee listings network

Purplebricks has acquired another fixed-fee agency for £29.3m - it’s in Canada and marks another new territory for the hybrid agency. The...

02 July 2018

From: Breaking News

Back to the future? - Industry experts predict estate agency in 2028

A decade ago we were still years away from Purplebricks, Countrywide was a colossus in the industry, no one had thought...

02 July 2018

From: Breaking News

New Purplebricks adverts - full service without the commission

The creative agency behind the new round of Purplebricks Commisery TV advertisements have been explaining the philosophy they brought to the...

02 July 2018

From: Breaking News

Property Natter – ten years of Estate Agent Today!

Cast your mind back to July 2008 – Gordon Brown was Prime Minister, the Euros were in full swing in Austria/Switzerland...

30 June 2018

From: Features

July - it might just be the industry’s busiest month of the year

So here’s the thing. It’s summer - not much going on, school holidays about to start, industry publications filling out space...

30 June 2018

From: Features

Yopa and Emoov slugging it out to be second to Purplebricks - analyst

A leading digital analyst says online agency Yopa has doubled its listings this year and is fighting the merged Emoov-Tepilo operation...

28 June 2018

From: Breaking News

Purplebricks pledges to appeal latest ban on advertisement

Another Purplebricks ad has been stamped down on by the Advertising Standards Authority following a complaint by Hunters Property Group - but...

27 June 2018

From: Breaking News

Purplebricks rejects claims of bullying Local Property Experts in Australia

Purplebricks says it completely rejects any claim of bullying its representatives in Australia. The Australian Financial Review, which last week reported the...

26 June 2018

From: Breaking News

Commisery for Purplebricks - it's hit trouble in Australia

It looks as if Purplebricks has hit something less than a purple patch in the Australian housing market. The Australian Financial Review,...

22 June 2018

From: Breaking News

Boost for Purplebricks as fund manager Woodford increases his stake

The famed fund manager Neil Woodford has increased his stake in hybrid agency Purplebricks, which last week announced an expansion of...

18 June 2018

From: Breaking News

Property Natter: Q & A with Peter Rollings

Peter Rollings is one of the most respected and best-known figures in property, having helped to rapidly grow Foxtons (where he...

16 June 2018

From: Features

Purplebricks announces major expansion of its US business

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

‘Unknown' online agency has 2,500 listings and best-ever month

The young entrepreneur behind Doorsteps, the estate agency that deliberately avoids the huge marketing razzamatazz of other online companies, says his...

14 June 2018

From: Breaking News

Major online agencies unaffected by Supreme Court ruling

Major online agencies appear to be unaffected by yesterday’s Supreme Court decision over workers' rights in the so-called 'gig economy'.  Yesterday’s case concerned...

14 June 2018

From: Breaking News

Strewth! Purplebricks investigated by another Australian watchdog

News media in Australia say Purplebricks is the subject of an investigation by a consumer watchdog in the province of Western...

11 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

Sarah Beeny back in the boardroom, saying online agents will grab 70% share

TV property expert Sarah Beeny says she expects online agencies to take 70 per cent market share in the future -...

05 June 2018

From: Breaking News

It's not just Purplebricks - another agency boasts thousands of Trustpilot reviews

It’s not just Purplebricks that makes much of its apparently- favourable online reviews - now EweMove has issued a statement expressing...

05 June 2018

From: Breaking News

Purplebricks under scrutiny as US watchdog discusses online agencies

The Federal Trade Commission - the US equivalent of the UK’s Competition and Markets Authority - will today discuss how the...

05 June 2018

From: Breaking News

It’s happening in the US too - a new portal and industry consolidation

A recent holiday in the US gave me an opportunity to catch up with property news over there - and surprisingly,...

02 June 2018

From: Features

Online 'merger' is really an acquisition by Emoov says TV Dragon James Caan

The so-called ‘merger’ of Emoov, Tepilo and a lettings firm is actually an acquisition by Emoov of the other two companies. That's...

31 May 2018

From: Breaking News

New merged online agency said to be second only to Purplebricks

The long-awaited merger of Tepilo and Emoov is reported to have been confirmed this afternoon and in with them goes online lettings...

30 May 2018

From: Breaking News

Revealed - How portals and Purplebricks outperform high street agencies

A study of estate agencies and portals floated on the London Stock Exchange suggests that digital companies have shown much better...

18 May 2018

From: Breaking News

Pssst! Derek! Now you can get your home marketed for free...

Online estate agencies are the centre of attention right now - but one of them seems to be seeking publicity in...

15 May 2018

From: Breaking News

Stand by - new wave of Purplebricks adverts on the way

Purplebricks is reported to have hired a new advertising agency to handle a “multi million pound” media campaign. The advertising industry weekly...

11 May 2018

From: Breaking News

Estate agency comparison site to advertise on TV

GetAgent, an estate agent comparison website, has won investment from a growth fund that also provides a 10 month advertising campaign on...

11 May 2018

From: Breaking News

Channel 4 link to possible Emoov and Tepilo merger

Sky News says online estate agents Emoov and Tepilo are in talks about a ‎merger - and if it happens the...

10 May 2018

From: Breaking News

Online agencies grab more market share in past four months says analyst

One of the world’s leading agency and PropTech analysts says the race is on for who comes second in the UK’s...

08 May 2018

From: Breaking News

Property Natter: Day in the life of…a property journalist

Ever wondered what it’s like to be on the frontline of property journalism? Well, wonder no more, as our very own...

05 May 2018

From: Features

Exclusive: UK estate agent fees 'are the lowest in the world'

Here’s some good news to take into the Bank Holiday weekend.  Research undertaken by Estate Agent Today suggests that fees charged by...

04 May 2018

From: Breaking News

Social media 'may be better than reviews to assess some estate agents'

Emoov founder Russell Quirk says that in some cases social media might give a more accurate picture of an estate agency’s...

04 May 2018

From: Breaking News

Purplebricks: ‘We want to grow our business model around the world’

The UK chief executive of Purplebricks says his company has ambitions to roll out its business model all over the world. Lee...

03 May 2018

From: Breaking News

allAgents to relaunch portal - and is set to exclude Purplebricks

Review service allAgents has relaunched its property portal, saying it may become an agent-owned service and pledging to turn it into...

03 May 2018

From: Breaking News

More controversy as Purplebricks and Trustpilot are probed by BBC show

A BBC Radio 5 Live analysis of online reviews has reignited the argument about the glut of positive reviews for Purplebricks...

30 April 2018

From: Breaking News

War of words goes on between Purplebricks and allAgents

The long running spat between review website allAgents and hybrid agency Purplebricks reignited over the weekend following a Facebook post. A Purplebricks...

23 April 2018

From: Breaking News

Purplebricks: the 25 questions asked of its customers

The assessment by an investment consultancy that Purplebricks sells some 76 per cent of the homes it lists may have made...

20 April 2018

From: Breaking News

Purplebricks finance chief quits to join US company

Purplebricks’ finance chief Matthew Farrow is reported to have left the company to join IT and cloud communications company Timico. Just over...

20 April 2018

From: Breaking News

Future:PropTech hits 1,200 delegates with new speakers and launches announced

The Future: PropTech conference takes place in under a fortnight’s time on May 2 and over 1,200 delegates have now been...

20 April 2018

From: Breaking News

High house prices and leasehold abuse are key worries for public - survey

Stubbornly high house prices and concerns over leasehold-related charges top the list of worries amongst the public about the housing market. That’s...

19 April 2018

From: Breaking News

99.98% of Purplebricks shareholders back new investment programme

Purplebricks has issued a statement saying that 99.98 per cent of its shareholders have backed the new investment to expand its...

18 April 2018

From: Breaking News

Purplebricks comes out fighting on behalf of all online and hybrid agencies

Purplebricks has returned to the fray after recent controversies with a claim that home owners saved themselves over £140m in commission...

16 April 2018

From: Breaking News

Purplebricks tells government to order agents to publish fees

Purplebricks has issued a provocative response to the government’s new measures to promote a more professional and transparent house buying process.  The...

11 April 2018

From: Breaking News

Property Natter: Day in the life of…a Local Property Expert

With the rise of Purplebricks in recent years, many will be eager to know what the hybrid agency’s Local Property Experts...

07 April 2018

From: Features

Foxtons calls time on new branches as emphasis shifts to IT and people

Foxtons says its long-term branch expansion programme is now “largely complete” and it is shifting its attention to using technology to...

05 April 2018

From: Breaking News

Countrywide share price up 50% in a month - is this the turn-around?

Has Countrywide finally convinced its investors that it is on the road to recovery? Back on March 8 the Countrywide share price...

04 April 2018

From: Breaking News

Purplebricks is changing: Which way will it go?

As always seems to be the case with Purplebricks, the hybrid agency has had a good week...and a bad one. Undeniably impressive...

31 March 2018

From: Features

Purplebricks begins search for lifetime relationship with customers

Purplebricks has given details of how it intends to use some of its new investment, and in particular is spelling out...

27 March 2018

From: Breaking News

Huge new investment announced for Purplebricks

Purplebricks has announced what it describes as “a strategic investment from Axel Springer, Europe’s leading digital publisher” - but this comes...

26 March 2018

From: Breaking News

Emoov well ahead of Purplebricks in new assessment of online agencies

  An assessment of nine online agencies undertaken by a property website has seen Emoov come out on top after being analysed...

26 March 2018

From: Breaking News

OnTheMarket share price slides again - but that might mean nothing

The share price of OnTheMarket slipped again on Friday - down around five per cent on the day and ending at...

26 March 2018

From: Breaking News

It's Purplebricks vs Jefferies at the Future:PropTech event in May

The Future:PropTech event on May 2 is now under six weeks away and more details have been released about speakers and...

26 March 2018

From: Breaking News

Purplebricks: share price falls while allAgents claims ad watchdog ‘victory’

Purplebricks’ share price dipped below the psychologically-important 300p mark yesterday - its lowest performance since spring last year. It’s the latest development...

21 March 2018

From: Breaking News

Purplebricks under pressure after bank warns of slowing growth

Market analysts at Swiss bank UBS are warning that Purplebricks’ meteoric growth in the UK may be slowing. The bank has cut...

16 March 2018

From: Breaking News

Purplebricks’ UK CEO granted option to buy 100,000 shares in firm

The UK chief executive of Purplebricks, Lee Wainwright, has been granted an option to buy 100,000 shares in the firm. The purchase would...

13 March 2018

From: Breaking News

Online agents most popular with sellers in strong markets, research shows

New research appears to show that Purplebricks, HouseSimple, Yopa and other prominent online agencies are most popular with vendors selling in...

09 March 2018

From: Breaking News

Revealed: Purplebricks “stunning growth” explained by top industry analyst

One of the world’s leading property technology analysts has compiled a major report on estate agents’ business models - an exercise...

07 March 2018

From: Breaking News

Online agents will have to employ sales progression teams

The operation of ‘online estate agencies’ has changed substantially in the relatively short few years of their existence: I have spotted...

03 March 2018

From: Features

Portals and onliners 'force agents into innovation' says global advisory firm

A mergers and acquisitions specialist says traditional agencies have been pushed into becoming more innovative by the rise of portals and...

02 March 2018

From: Breaking News

Property Natter – a property invasion on our tellies

The death of traditional TV – where viewers sit down together to watch shows at defined times – has been much...

24 February 2018

From: Features

Modern agency comes to prime central London

The other day I met with two agents who have 30 years of property sales experience between them, and yet also...

17 February 2018

From: Features

Online agencies' market share has increased 58% in one year - claim

A lengthy analysis of the online agency sector, based on material supplied by an online agent, suggests that its market share...

16 February 2018

From: Breaking News

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

Advertising watchdog rules on another complaint about Purplebricks

The Advertising Standards Authority has ruled on another complaint lodged about Purplebricks. Although the latest appears minor it adds to a lengthy list...

14 February 2018

From: Breaking News

Purplebricks: boards up, shares down?

Why I won’t buy Purplebricks shares and why if I had any, I’d sell fast… In its latest adverts, Purplebricks attempts to...

13 February 2018

From: Features

Purplebricks ads confront 'best price' issue and mock High Street rivals

Controversial new Purplebricks advertisements on social media mock traditional estate agents who “twiddle their thumbs” in offices and claim the hybrid...

13 February 2018

From: Breaking News

Bad news for Purplebricks? New analysis favours traditional agencies

Traditional solicitor estate agents north of the border have a higher success rate than any other estate agency model. The claim comes, perhaps...

12 February 2018

From: Breaking News

Agents' Mutual float to begin against backdrop of stock market jitters

Most listed agencies and portals suffered share price falls yesterday, creating a challenging landscape for Agents’ Mutual which launches on the London stock exchange...

07 February 2018

From: Breaking News

Purplebricks row should trigger call for regulations of agents, says expert

Leading independent property expert Kate Faulkner says the current row regarding the accuracy of Purplebricks’ sales figures should be the trigger...

06 February 2018

From: Breaking News

For Sale By Owner site breaks cover in wake of Purplebricks rumpus

Former estate agent Nick Ferrand has gone public with a new website which says home owners decide when and to whom...

06 February 2018

From: Breaking News

allAgents and agency group CIELA reignite disputes with Purplebricks

The Charter for Independent Estate and Letting Agents says Purplebricks is still not complying with a ruling made by the Advertising...

06 February 2018

From: Breaking News

Pressure mounts on Purplebricks to release actual sales figures

Pressure continues to mount on Purplebricks to reveal its sales data after a weekend during which claims about its effectiveness continued...

05 February 2018

From: Breaking News

Purplebricks fees rise up to 33 per cent In Australia

Purplebricks has increased its charges in Australia by up to 33 per cent. The Australian Financial Review reports that the 33 per...

05 February 2018

From: Breaking News

Purplebricks blames City consultancy for sharp share price fall

Purplebricks has this morning issued an unusual statement to the Stock Exchange blaming a City report for the sharp fall in the...

02 February 2018

From: Breaking News

Purplebricks' new UK chief to face the industry for the first time

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 sells 51.6% of homes within 10 months, new analysis shows

An analysis of one month’s listings on Purplebricks by City consultancy Jefferies concludes that it sold 51.6 per cent of its...

01 February 2018

From: Breaking News

OTM float - the OOP is dead, long live the OOP

Whatever else you say about OnTheMarket, you can’t say it’s not consistent, consistent in treating its core membership shabbily.  We already know...

29 January 2018

From: Features

Ex-London agency director takes a swipe at firms 'doing a Purplebricks'

A former director at London agency Kinleigh Folkard & Hayward has taken a swipe at agencies that have made knee-jerk changes...

29 January 2018

From: Breaking News

Who should run Countrywide? What should they do? - our panel speaks out

The story of this week - the ousting of Countrywide chief executive Alison Platt - prompts two key questions. Firstly, who takes...

26 January 2018

From: Breaking News

Purplebricks won't succeed in the Big Apple, says UK arm of US agency

A senior figure at the UK arm of American agency Keller Williams has suggested that Purplebricks won’t succeed in the New...

26 January 2018

From: Breaking News

Purplebricks expansion continues - it's to launch in New York

Purplebricks has this morning announced it’s to launch in New York. A statement to the London Stock Exchange this morning read: The...

24 January 2018

From: Breaking News

'Secret' project aims to help traditional agents combat Purplebricks

A ‘secret’ proposal called Project UHA was put to a hand-picked group of agents on Friday with speculation suggesting it centres...

22 January 2018

From: Breaking News

Branding - game, set and match to the onliners?

According to The Branding Journal, a brand is “a name, term, design, symbol, or any other feature that identifies one seller's...

20 January 2018

From: Features

Purplebricks could have 15% market share by 2022 according to bank

US bank J P Morgan has predicted that Purplebricks, which it says now has around six per cent of advertised homes...

19 January 2018

From: Breaking News

AllAgents names Purplebricks as 'worst rated agency for 2017'

The war between AllAgents review website and Purplebricks has continued with the site naming the hybrid agency the “worst rated one...

17 January 2018

From: Breaking News

Countrywide and Rightmove veteran joins top table of Mayfair finance firm

A new Mayfair-based short-term property finance provider has been launched with Harry Hill, the Countrywide founder and ex-Rightmove chief executive, as...

17 January 2018

From: Breaking News

Purplebricks chairman wants business model applied to energy firm

Sky News is reporting that the non-executive chairman of Purplebricks, Paul Pindar, is set to invest a seven figure sum in...

16 January 2018

From: Breaking News

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

Purplebricks announces new chief executive of UK operation

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

'Old dinosaurs' can't deal with Purplebricks says Aussie buying agent

A buying agent in Melbourne says ‘old dinosaurs’ in traditional estate agencies ‘have no idea’ how to deal with the arrival of...

05 January 2018

From: Breaking News

Purplebricks-style disruption 'a trend to watch in 2018' says analyst

One of the world’s leading property technology analysts says Purplebricks-style disruptive agencies will be a trend to look out for in...

29 December 2017

From: Breaking News

Purplebricks launches new TV and social media advertisements

Purplebricks once again used the Christmas period to launch new TV and social media advertisements.  In one, the hybrid agency debuted Mr...

28 December 2017

From: Breaking News

Online agency reported to have £20m new funding 'to rival Purplebricks'

HouseSimple is reported to have secured £20m in growth capital which it says will help it “challenge Purplebricks as the UK’s...

20 December 2017

From: Breaking News

Exclusive: Independent agents’ group to fight ‘poor industry image’

The Charter for Independent Estate and Letting Agents has told Estate Agent Today that it WILL formally launch after all, in...

20 December 2017

From: Breaking News

Purplebricks is subject of yet another complaint to ad watchdog

Controversial hybrid agency Purplebricks has been the subject of yet another complaint to the Advertising Standards Authority. An unnamed complainant filed a...

20 December 2017

From: Breaking News

Reviews: now AllAgents says it won’t work with Purplebricks

The tit-for-tat slanging match between Purplebricks and review site AllAgents is continuing. Yesterday we reported a lengthy statement from Purplebricks explaining why...

20 December 2017

From: Breaking News

Purplebricks hits back at “poor” AllAgents review site

Purplebricks has responded to the review website AllAgents which recently reinstated some disputed reviews - but there appears no threat of...

19 December 2017

From: Breaking News

Five things that didn’t happen in 2017

It’s traditional before Christmas to either review the year past or anticipate the one ahead - but I’m intrigued about what...

16 December 2017

From: Features

Purplebricks: Estate Agent Today's experts look behind the latest figures

Here it is - the industry’s verdict on the latest set of figures from Purplebricks. The agency doesn’t play by any of...

15 December 2017

From: Breaking News

Purplebricks: revenue soars as agency claims 74% of online sector

Purplebricks’ latest trading statement for the six months ending October 31 claims a large rise in revenue, its number of UK...

13 December 2017

From: Breaking News

allAgents reinstates most of its disputed Purplebricks reviews

allAgents has today reinstated Purplebricks’ reviews on its site - this includes the majority of the negative reviews which have been...

12 December 2017

From: Breaking News

Purplebricks listing on OnTheMarket? - no comment from both sides

Both Purplebricks and OnTheMarket are keeping their powder dry on speculation that that hybrid agency is going to list on the...

12 December 2017

From: Breaking News

New software helps agents list unsold properties on short-let sites

The short let management company Lavanda - backed by Harry Hill, former chief of Rightmove and Countrywide - has launched software...

12 December 2017

From: Breaking News

Purplebricks: is it about to increase its share of the online market?

Financial analysts over the weekend have been giving their view on Purplebricks, which later this week issues its figures for the...

11 December 2017

From: Breaking News

allAgents v Purplebricks - major announcement expected

allAgents, the review website in dispute with Purplebricks, says a “major announcement” is expected about its next step in the saga...

08 December 2017

From: Breaking News

Watchdog defends 'informal resolution' of complaints over online agencies

Outspoken estate agent Chris Wood has criticised the Advertising Standards Authority for its succession of ‘informally resolved’ judgements on complaints against...

07 December 2017

From: Breaking News

allAgents pours cold water on Purplebricks' reviews link with Feefo

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 - now it links up with second customer review service

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

Purplebricks reviews: peace talks with allAgents website end in failure

Hybrid agency Purplebricks and website allAgents have failed in their bid to reach agreement over the accuracy and source of a...

30 November 2017

From: Breaking News

AllAgents stays quiet on next move in dispute with Purplebricks

AllAgents, the review website which failed in a bid to raise a ‘fighting fund’ in its ongoing row with Purplebricks, is...

28 November 2017

From: Breaking News

Property Natter: A to Z of the property industry for 2017

As we hurtle towards the end of 2017, it’s time to reflect on the year that’s just been.   Even better, this property-based...

25 November 2017

From: Features

Review website fails in bid to raise £50k 'to fight Purplebricks'

The website AllAgents has failed in its bid to raise the £50,000 it says it requires to pay for a defence...

22 November 2017

From: Breaking News

AllAgents extends bid to raise £50,000 to fight possible Purplebricks action

The website AllAgents has extended its deadline to raise £50,000 for possible legal costs should Purplebricks take action over disputed reviews. The...

21 November 2017

From: Breaking News

Free offer to agents to use platform giving them online presence

A firm which offers a white-labelled online estate agency platform which can be used by otherwise-traditional agencies to provide a Purplebricks-style...

20 November 2017

From: Breaking News

Purplebricks chief executive now involved in AllAgents peace talks

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 shares dip below 300p - 40% down over four months

Purplebricks’ share price value yesterday dropped below the 300p, over 40 per cent less than its high point over the recent...

16 November 2017

From: Breaking News

PropTech Today: Will eMoov’s no-sell-no-fee inspire others?

Online estate agent eMoov recently set itself apart by directly addressing the issues of openness and transparency that have long dogged the online business...

15 November 2017

From: Breaking News

Countrywide online 'pause' is unforgivable says leading analyst

Countrywide's decision to 'pause' the roll-out of its online option for sellers and landlords is "unforgivable and dumbfounding" according to a...

14 November 2017

From: Breaking News

Property Natter – here’s how to drive traffic, convert and monetise

Winter seems to be firmly with us now, if the plunging temperatures are anything to go by. After a ridiculously mild...

11 November 2017

From: Features

Rebel agent quits NAEA and makes string of allegations

Rebel estate agent Chris Wood - who earlier this year unsuccessfully attempted to get on the ballot paper as a candidate for...

09 November 2017

From: Breaking News

Countrywide: Analyst queries success of online sales option

International property analyst Mike DelPrete has queried the suggestion that Countrywide's online sales option is drawing in additional business to those...

07 November 2017

From: Breaking News

Purplebricks tells City and investors we're on course for 2017 targets

Purplebricks has issued the briefest-of-brief statements to the City and the company's investors to assure them it is "on course". The latest...

07 November 2017

From: Breaking News

Exclusive: AllAgents in encouraging peace talks with Purplebricks

Estate Agent Today has been told that the website AllAgents has been holding peace talks with Purplebricks over its dispute about...

01 November 2017

From: Breaking News

We're not defunct yet says on-off-on independent agents group

The man seeking to establish the Charter for Independent Estate and Letting Agents says he is hopeful that the fledgling trade...

31 October 2017

From: Breaking News

Exclusive: four more complaints about Purplebricks filed to watchdog

Estate Agent Today has been told that there are four more complaints filed to the Advertising Standards Authority about hybrid agency...

30 October 2017

From: Breaking News

Purplebricks: agency wins advert dispute over Local Property Experts

Complaints about a Purplebricks claim concerning its Local Property Experts have been rejected by the Advertising Standards Authority. Complaints came from PDQ...

25 October 2017

From: Breaking News

Platform allowing agents to 'rival Purplebricks' wins PropTech support

Two of the leading lights in the growing Proptech sector are now working with a company which has a product it...

25 October 2017

From: Breaking News

Will Purplebricks ruling end agents’ purple mist?

So at last someone has woken up to the fact that Purplebricks needs to be clearer about how it charges for...

21 October 2017

From: Features

Agents Do Charity - our salute to the industry's heroes

It’s been a big week for property news - controversies surrounding Purplebricks, merger discussions between big franchise operators, and another government...

20 October 2017

From: Breaking News

Purplebricks says it's more transparent than almost any other agency

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

Failed group for independent agents says it's not quite dead yet

The death throes of the Charter for Independent Estate and Letting Agents are continuing. A statement by software entrepreneur Charlie Wright, who...

19 October 2017

From: Breaking News

Purplebricks TV ads declared 'misleading' after complaint over fees

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

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

Slow progress for crowdfund appeal to mount legal fight over Purplebricks

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

Property Natter: reputation, renewables and an online revolution

They say presentation is key (something that Theresa May now knows all too well after her calamitous conference speech). But equally...

14 October 2017

From: Features

Speculation grows over Agents' Mutual float timetable

Agents’ Mutual is officially making no comment on the timetable for the company flotation but speculation within the industry is mounting...

12 October 2017

From: Breaking News

'Michael Bruce' chips in for AllAgents legal bid against Purplebricks

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

Purplebricks: adviser says the odd detractor doesn't diminish success

The research director of an investment firm which has advised Purplebricks says the “odd detractor” who doesn’t sell their home does...

04 October 2017

From: Breaking News

London agency Douglas & Gordon embraces hybrid part-online model

London’s long-standing chain Douglas & Gordon is the latest company to embrace the concept of the Purplebricks-style hybrid estate agency. The company’s...

04 October 2017

From: Breaking News

Independent agents' group CIELA nearly (but not quite) scrapped

The long-running saga of whether independent agents’ group CIELA is ever going to launch appears to be nearing its end game...

03 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

Property Natter: Why Uber’s troubles are reflected in estate agency

As those of us in the industry know, there is a fine balance to strike between disruptive technology – and the...

30 September 2017

From: Features

Purplebricks claims UK revenue now double that of a year ago

Purplebricks' latest trading statement, issued this morning, claims "good progress" and says its revenue in the UK for the first half...

29 September 2017

From: Breaking News

Purplebricks says LPEs typically earn much more than high street agents

Purplebricks has launched something of a charm offensive to lift the lid on the experience and work of its Local Property...

29 September 2017

From: Breaking News

Purplebricks defends its Local Property Experts after website criticism

Purplebricks has issued a strong defence of its Local Property Experts after an agency comparison website’s analysis was critical of the...

28 September 2017

From: Breaking News

Broker linked to Purplebricks says traditional agents are in trouble

Peel Hunt, the City investment broker that has worked closely with Purplebricks, has issued an investment note to clients with a...

28 September 2017

From: Breaking News

Revealed - exactly how 'local' are local property experts?

An analysis conducted by estate agency comparison website GetAgent has for the first time attempted to calculate how ‘local’ agencies' local property...

27 September 2017

From: Breaking News

Countrywide shares hit another new low as property sector drifts down

Countrywide’s share price hit another new low yesterday of around 115.5p - a fall of just over four per cent on...

26 September 2017

From: Breaking News

Traditional agents blame onliners for chain delays and fall-throughs

There is growing concern that online agents who do not chase-up on behalf of clients are leading to delays and fall-throughs...

25 September 2017

From: Breaking News

How many agency business models are there today?

It used to be so easy. Around 20 years ago there were what we now call full-service estate and letting agencies, and...

23 September 2017

From: Features

Purplebricks: advertising watchdog still investigating complaint

The Advertising Standards Authority has confirmed to Estate Agent Today that it is still investigating a complaint lodged against Purplebricks by...

22 September 2017

From: Breaking News

Trustpilot to remove UK Purplebricks reviews posted to US site

Trustpilot has announced it is to remove UK reviews of Purplebricks which it says were "mistakenly invited" by the agency to be...

20 September 2017

From: Breaking News

PropTech Today: Mr Bruce’s message of hope

When Kenneth Bruce, co-founder of Purplebricks, published an emotional post on social media this week, my first reaction was; what a...

20 September 2017

From: Breaking News

Purplebricks boss Michael Bruce explains challenge to AllAgents' reviews

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

Purplebricks: full text of AllAgents' announcement about suspension

Review service AllAgents has issued a statement explaining why it has suspended the Purplebricks agency. Purplebricks puts much emphasis on public reviews,...

19 September 2017

From: Breaking News

Exclusive: Trustpilot review company explains its Purplebricks policy

Online review organisation Trustpilot has issued an open letter regarding its Purplebricks reviews. In it, the review company - which is often...

14 September 2017

From: Breaking News

Purplebricks to spend almost $2m a month on TV and radio ads in US

Purplebricks has given more details of its activities in the United States, where it is hoping to break into a market...

14 September 2017

From: Breaking News

Rebel agent Chris Wood set to challenge NAEA election and AGM

Chris Wood - the Cornish estate agent who unsuccessfully attempted to get on the ballot paper as a candidate for NAEA...

13 September 2017

From: Breaking News

Service lists High Street agents that are 'Purplebricks Price Beaters'

An online platform that allows the public to compare the services and fees of traditional estate agents in their areas has...

12 September 2017

From: Breaking News

Russell Quirk's eMoov is reported to be considering Stock Exchange listing

Sky News says the online estate agent eMoov is drawing up plans to float on the stock market.  Sky has been well-informed...

12 September 2017

From: Breaking News

Was this the week the agency industry changed for good?

I’ve been in France for the past few days and depending on your viewpoint, I made a spectacularly good or singularly...

09 September 2017

From: Features

Agents Do Charity - forget the tech, here's the fund-raising

It’s been quite a week, much of it concerning the technology that increasingly underpins our industry.  A glut of fund-raising and relaunching...

08 September 2017

From: Breaking News

easyProperty relaunches, claiming to be UK's second-biggest hybrid

easyProperty has unveiled details of its relaunch, declaring itself to be the UK’s second largest hybrid estate agency - second only...

07 September 2017

From: Breaking News

Purplebricks viewings complaint informally resolved by ASA

The Advertising Standards Authority (ASA) has informally resolved another complaint made against wording on Purplebricks’ website.  A complainant suggested that the wording...

06 September 2017

From: Breaking News

'Local Property Agents' wanted as onliner launches recruitment drive

eMoov, the online agency which last month secured an additional £9m funding from investors, has launched a recruitment drive for what...

01 September 2017

From: Breaking News

PropTech Today: Why consolidation and collaboration are badly needed

“When an industry is new, still finding its feet, finding its purpose, the tendency is for those few people within it...

30 August 2017

From: Breaking News

Be wary of online agents' claims, consumer group tells public

Consumer group Which? says the public should be wary of claims made by online estate agents. This follows a series of complaints about...

29 August 2017

From: Breaking News

Will smaller online agencies combine to combat Purplebricks?

A tech magazine has raised speculation, circulating in the industry for some months, that some online agencies have considered joining forces...

29 August 2017

From: Breaking News

Purplebricks: investment bank refutes allegation of bias against agency

A leading business consultancy which advises clients on investments has refuted a claim by a prominent media analyst that it is...

24 August 2017

From: Breaking News

Agents' Mutual using same float advisers as Purplebricks

The investment consultancy chosen by Agents’ Mutual to advise on its float plans - Zeus Capital - is the same one...

22 August 2017

From: Breaking News

'Expect big news soon' says online chief after cash injection

The chief executive of online estate agency eMoov - which has raised £9m in its latest investment round - says “more...

22 August 2017

From: Breaking News

Purplebricks: interview gives insight into LPE recruitment structure

An interview in an online magazine aimed at the small business sector lifts the lid on some of the structure surrounding...

18 August 2017

From: Breaking News

Agents Do Charity - the 'so much for a quiet August' edition...

Remember when August used to be quiet with not much news? This year, whether it’s industry upheavals at Countrywide, Purplebricks and Agents’...

18 August 2017

From: Breaking News

Sell Purplebricks shares, urges writer as sales data mystery remains

The Sunday Times made uncomfortable reading for Purplebricks yesterday as the newspaper raised more questions about the number of homes the...

14 August 2017

From: Breaking News

Why the stock market likes disruptors

The stock exchange seems to be on everyone’s lips at the moment. There’s Agents’ Mutual seeking to float on the Alternative Investment...

12 August 2017

From: Features

As you were - Purplebricks share price riding high again

Purplebricks’ share price has now recovered all of the value it lost after being criticised on two BBC consumer programmes and...

09 August 2017

From: Breaking News

PropTech Today: Trust - the fundamental flaw at the heart of tech-driven business

Even if you didn’t watch it, you’ve almost certainly heard about it by now.  The recent BBC Watchdog exposé of Purplebricks has...

09 August 2017

From: Breaking News

Trustpilot and Woodford stay quiet on BBC's Purplebricks probes

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

Property Natter - a short history of estate agency

Property has been changing hands for centuries, but when did estate agents as we know them today – with their branches,...

04 August 2017

From: Features

Purplebricks' shares stabilise as NAEA stays distinctly non-committal

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

Purplebricks: Ombudsman 'happy' with controversial deferred payment scheme

The Property Ombudsman has told Estate Agent Today that it is happy with the controversial deferred payment scheme operated on behalf of...

03 August 2017

From: Breaking News

Purplebricks told to slow growth and get its house in order by City analyst

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 dips after agency slated on BBC show

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

One in five estate agencies 'at risk of going broke' warns analyst

Some 19 per cent of estate agents in the UK currently show warning signs that indicate they are at risk of going...

31 July 2017

From: Breaking News

Purplebricks faces new hybrid rival as it attempts to break into Australia

Purplebricks’ well-publicised attempt to break into the Australian market with a similar model to the one being used here has come...

27 July 2017

From: Breaking News

Video interview: Charlie Wright, founder of CIELA

During a week in which fledgling trade group the Charter for Independent Estate and Letting Agents (CIELA) announced that it still...

22 July 2017

From: Features

Purplebricks lands another developer deal to sell new-builds

Purplebricks has landed a deal to sell new-build homes, an activity previously done usually directly by developers or traditional high street estate...

20 July 2017

From: Breaking News

PropTech Today: The long-term future of renting is short-term lettings

You may have heard that Airbnb and property management company, Lavanda has closed a £1 million angel investment round.  Backers include Purplebricks...

19 July 2017

From: Breaking News

Online reviews: New report sheds light on how they drive leads

A new report reveals how clients’ reviews and star ratings - used by many online estate agents in particular - are...

17 July 2017

From: Breaking News

Property Natter: a half-year review – hybrids, PropTech and resilience

We’re already more than halfway through 2017 and, against all the odds, it’s pushing 2016 close in terms of eventfulness and...

14 July 2017

From: Features

£3m boost for start-up helping traditional agents challenge onliners

PropTech start-up OneDome - which describes its products as allowing traditional estate agents to challenge Purplebricks and other online rivals -...

13 July 2017

From: Breaking News

More details emerge of Purplebricks' LPE expansion programme

Purplebricks has released more details of expansion plans to recruit hundreds of additional Local Property Experts. The recruitment drive was launched yesterday...

12 July 2017

From: Breaking News

Purplebricks launches drive to recruit hundreds more Local Property Experts

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

Purplebricks Local Property Experts 'earn average £41,925 a year'

An expert analysis of the Purplebricks trading statement for 2016 reveals that the agency’s Local Property Experts each earn an average...

10 July 2017

From: Breaking News

Reviews - Agency complaint about Purplebricks upheld by watchdog

The Advertising Standards Authority has upheld a complaint over a Purplebricks website statement featuring testimonials from clients; the complaint was made...

05 July 2017

From: Breaking News

Purplebricks sells 83 per cent of the homes it lists, agency chief says

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

Rightmove: might it become an estate agency with sellers listing directly?

Another senior industry analyst says the time is fast approaching for Rightmove to either shift its focus to take account of...

03 July 2017

From: Breaking News

Agents' group's outburst over law flouters and anonymous trollers

The troubled trade group Charter for Independent Estate and Letting Agents - which has suggested it may not have enough support...

03 July 2017

From: Breaking News

Purplebricks: nothing divides estate agency more than this

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

Purplebricks agrees a UK sale every nine minutes 24/7

New figures released this morning from Purplebricks shows the onward march of the hybrid agency and its Local Property Experts. For the...

29 June 2017

From: Breaking News

Leading analysts fiercely critical of Guild merger with easyProperty

Two leading property analysts have written a fiercely critical assessment of the merger between easyProperty and the Guild of Property Professionals.   The...

23 June 2017

From: Breaking News

Serious doubts over future of independent agents' group CIELA

The fledgling and highly vocal CIELA group says it is possible it may not launch this autumn after all despite months of...

20 June 2017

From: Breaking News

Purplebricks share price dips following California launch announcement

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

What do estate and letting agencies usually sell for?

There’s barely a week that goes by when you don’t read about an estate or letting agency business that’s been acquired...

10 June 2017

From: Features

Guild parent company announces merger with easyProperty

GPEA Ltd - the parent company of the Guild of Property Professionals and Fine & Country - has announced it has...

08 June 2017

From: Breaking News

'Top High Street agents significantly out-perform onliners' says group

A consumer group which has consistently promoted online agencies says they achieve closer to sellers’ original asking price than the national...

01 June 2017

From: Breaking News

YOPA recruiting agents with 'chance to earn up to £12k per month'

Hybrid estate agency YOPA has launched a recruitment campaign suggesting that agents have “the chance to make between £6k and £12k per...

31 May 2017

From: Breaking News

Property Natter – awards success, purple and the future of agency

Since we last spoke, the ESTAS – the biggest and best property awards ceremony in the UK – has been and...

27 May 2017

From: Features

Independent agents' chief wants NAEA to expel 'insulting' online firms

The founder of the trade group seeking to represent independent agencies says he hopes the National Association of Estate Agents considers...

25 May 2017

From: Breaking News

Rightmove might lose business to Purplebricks, suggests consultancy

Two of the most influential figures behind the PropTech sector have run a microscope over Rightmove’s business model and technology -...

22 May 2017

From: Breaking News

Comparison service releases online agencies' performance data

The comparison service Get Agent has released the full details of its analysis of the performance of four different online estate...

19 May 2017

From: Breaking News

City analyst uses Foxtons' figures to diss Purplebricks inventory

A respected City analyst has pointedly dissed Purplebricks over its allegedly modest inventory of homes for sale and rent. Antony Codling of...

18 May 2017

From: Breaking News

YOPA announces new funding from Savills and the Daily Mail

Hybrid estate agency YOPA has announced a successful Series B round of funding in which it raised a total of £15...

17 May 2017

From: Breaking News

‘Fake agents’ are crippling independents’ reputations and livelihoods

Think ‘fake agents’ are no threat to your business? Think again. The rise of online agents - dubbed by some as...

12 May 2017

From: Features

Purplebricks sharply criticised at industry technology conference

Purplebricks' share price moved up over two per cent yesterday on the strength of its latest trading statement - but its...

05 May 2017

From: Breaking News

Purplebricks reports '83% instruction growth' in UK

Purplebricks has this morning issued its latest trading update, reporting what it calls "strong growth" in the UK and updating investors on...

04 May 2017

From: Breaking News

Trade group claims ad watchdog is probing Purplebricks complaints

Fledgling trade group CIELA says two aspects of its complaint to the Advertising Standards Authority are the subject of ‘further investigation’...

04 May 2017

From: Breaking News

Online reviews - They’re here to stay

Odds are that you use TripAdvisor when you book a restaurant or hotel; perhaps you scroll down Amazon before clicking ‘buy...

29 April 2017

From: Features

Record number of agents sign up for PropTech conference

A record number of over 300 agents have so far signed up for next week’s FUTURE: PropTech conference, the largest event...

28 April 2017

From: Breaking News

Purplebricks to be 'biggest UK agency by 2019' with 'share price up 50%'

A London investment broker says Purplebricks’ share price - currently around 300p - could rise another 50 per cent or more...

25 April 2017

From: Breaking News

Firm offers online system for High Street agents to 'take on Purplebricks'

A firm is claiming to be allow high street agents to offer vendors an online sale services as well, without the...

24 April 2017

From: Breaking News

Agencies round-up: Purplebricks, Harrison Murray, Heaton, and more

The aftermath of Easter and shock announcement of a snap General Election have done little to stop the industry making plenty...

21 April 2017

From: Breaking News

Purple smoke and mirrors

Purplebricks’ advertising is very negative and critical of the competition. They talk about 'commisery', trying to make potential sellers feel ripped...

08 April 2017

From: Features

Purplebricks called cynical, disingenuous by agents' trade body

The bitter war of words against Purplebricks waged by the fledgling Charter for Independent Estate and Letting Agents reached a new...

07 April 2017

From: Breaking News

Purplebricks steps up its attack on commission-based estate agents

Purplebricks has stepped up its attack on what it calls “Britain's antiquated method of buying and selling homes” by describing it as...

06 April 2017

From: Breaking News

Countrywide share price, once over 685p, falls below 150p

Countrywide’s share price, which just over three years ago was riding high at just above 685p, has hit a new low...

05 April 2017

From: Breaking News

'easyProperty spends £12k per listing, Purplebricks only £1k' - claim

An analysis by a leading PropTech entrepreneur has attempted to throw light on the startling losses reported last week by online...

05 April 2017

From: Breaking News

New agents group seeks 'pre-launch' members - and says it may float

The Charter for Independent Estate and Letting Agents has started its ‘pre-launch’ membership drive - and says it ultimately want to...

04 April 2017

From: Breaking News

Purplebricks removes web claim that 'buyers are found within 14 days'

Purplebricks has agreed to remove a claim from its website that “on average it takes us just 14 days to find...

29 March 2017

From: Breaking News

Purplebricks nearing Countrywide on homes sold STC, claims bank

A Financial Times article reports a bank analysis shows Purplebricks with a market share of 3.3 per cent of properties marked...

24 March 2017

From: Breaking News

Independent agents say Purplebricks complaint 'purely a starting point'

The fledgling group claiming to represent independent estate and letting agents, CIELA, says it has lodged a complaint against Purplebricks with...

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

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

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

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

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

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

Purplebricks: Independent agents release text of complaint letter

The fledgling Charter for Independent Estate and Letting Agents has released to the media the text of a complaint letter it...

02 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

Purplebricks value 'same as Countrywide and Foxtons combined'

The Purplebricks stock market bull run took yet another huge leap forwards yesterday with its share price up 20 per cent...

24 February 2017

From: Breaking News

Agents Do Charity - in a big week for the industry

This week has seen the estate agency industry demonstrating just how big it is these days with Purplebricks raising £50m in...

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

Purplebricks to expand into the United States later this year

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

Future:PropTech2017 unveils sponsors - including Angels Media

Organisers of the Future:PropTech2017 conference on May 4 have revealed new sponsors involved with the event - including Angels Media, publisher...

23 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

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

Up and up - Purplebricks confirms 'record-breaking January' claim

Purplebricks has issued its second statement to the City on successive trading days - and its share price has risen by...

31 January 2017

From: Breaking News

Purplebricks says it has no idea why its share price is so high

The board of Purplebricks has issued a statement to the City saying it has no idea what lies behind the soaring...

30 January 2017

From: Breaking News

Purplebricks share price at all-time high as traditional agents flounder

The stock market appears to be continuing its love affair with Purplebricks, as the hybrid agency share price rose once again...

27 January 2017

From: Breaking News

Purplebricks expanding again in Australia

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

Purplebricks recruits TV property star for 'Commisery' campaign

The average fee paid by sellers to high street estate agents in the past year is £4,055 claims Purplebricks - an...

17 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

'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

Quote, unquote - What the industry said in 2016

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 now in profit and gets £1,000 per instruction

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

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

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

Property Natter: how to build a brand

Good branding is absolutely crucial to any successful business or product, even more so in a world of social media, instant...

12 November 2016

From: Features

Revealed: secrets of the success of Britain's youngest agent

An Essex estate agent who believes he is the youngest in the industry has explained his success to Estate Agent Today...

08 November 2016

From: Breaking News

Local Property Experts 'make Purplebricks a real disruptor'

One of the world’s leading property portal and online consultants says Purplebricks, which is now operating in Australia and the UK,...

18 October 2016

From: Breaking News

Property Natter: Q & A with Russell Quirk

In recent weeks I have been carrying out question and answer sessions with some of the key figures in the property...

14 October 2016

From: Features

Top agency says London slump down to stamp duty, not Brexit

One of the most respected buying agencies in the country, Property Vision, says the estate agency industry's turnover is down not because of...

13 October 2016

From: Breaking News

Purplebricks: Weaknesses ahead over completions, warns financial analyst

An equity specialist has warned that shareholders may now choose this is the time to sell their stakes in Purplebricks because...

06 October 2016

From: Breaking News

Property Natter: Q & A with Glenn Ackroyd

This week we have the Head Shepherd of EweMove, Glenn Ackroyd, in the hotseat. He’s been co-owner of EweMove Sales and Lettings,...

30 September 2016

From: Features

ASA informally resolves more complaints against property firms

The Advertising Standards Authority (ASA) has published details of four more cases in which it has 'informally resolved' complaints made against...

21 September 2016

From: Breaking News

YOPA launches TV ads starring The Village People

Hybrid estate agency YOPA is today launching a nationwide TV advertising campaign starring The Village People, the band best-known for the...

16 September 2016

From: Breaking News

ASA upholds two of three complaints made against Purplebricks

The Advertising Standards Authority (ASA) has upheld two of three complaints against claims made in Purplebricks' TV and website advertising.  The watchdog upheld...

14 September 2016

From: Breaking News

How can Agents survive in an increasingly competitive market?

The key lies in improving your customer experience through technology For Agents, the tremendous growth in online estate agents highlights a strong...

13 September 2016

From: Sponsored Content

Will your agency be ‘archived’ by consumers who choose hybrid?

I can’t remember a time when there were so many changes in the property industry. Forget Brexit and interest rates, the...

09 September 2016

From: Features

Rightmove, Purplebricks and easyProperty get global endorsement

A long-standing analyst of property portals and websites worldwide has included Rightmove, Purplebricks and easyProperty in a list of 10 sites...

08 September 2016

From: Breaking News

Agency with office but no shopfront insists we're not an onliner

A firm called Proper Local has launched, insisting it is offering “a new model” for estate agency, somewhere between a traditional...

07 September 2016

From: Breaking News

Martin & Co is latest to enter the 'hybrid' estate agency field

Martin & Co is reported to have acquired EweMove, an estate agency which describes itself as the first ‘hybrid’ service -...

06 September 2016

From: Breaking News

Advertising watchdog intervenes over Purplebricks' VAT claim

The Advertising Standards Authority has intervened following a complaint about VAT savings on Purplebricks‘ website. A member of the public contacted the...

31 August 2016

From: Breaking News

Purplebricks to spend £10m on marketing its launch down under

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

Property Natter: online agents – where are they now?

It’s easy to forget, but there was a time when the internet didn’t exist. When the idea behind the world wide...

19 August 2016

From: Features

Purplebricks marketing chief off-loads almost 250,000 shares in agency

  The chief marketing officer of Purplebricks, Joby Russell - who in the recent past has described the hybrid as “the UK’s...

26 July 2016

From: Breaking News

Purplebricks blasted over sales totals and speed of completions

City consultancy Jefferies has made a blistering attack on Purplebricks’ sales performance and finances, saying “the arithmetic…still does not add up.”  Last...

22 July 2016

From: Breaking News

Countrywide-owned agency moves to 'premises-free business model'

An estate agency owned by Countrywide has relaunched with what it calls “an innovative, premises-free business model that seeks to redefine...

21 July 2016

From: Breaking News

Zoopla to allow agents to 'go hybrid' and rival Purplebricks

Zoopla is to offer its members a range of options which effectively mean that those agents who wish to can offer...

19 July 2016

From: Breaking News

Call for evidence: why technology needs to underpin house buying

Nearly three quarters of people who have sold or bought a property deem it more stressful than having a child or...

15 July 2016

From: Features

Bank says online agents are growing, but warns on Purplebricks value

Swiss bank UBS has given an upbeat assessment of online estate agencies in the changing housing market - but it warns...

14 July 2016

From: Breaking News

A new Prime Minister - and will that be followed by an interest rate cut?

The news that Theresa May will be installed as Prime Minister tomorrow has immediately stabilished the share prices of estate agents...

12 July 2016

From: Breaking News

Agency and property shares stabilise after early Brexit panic

Agency and other property shares that have been buffetted in the past two trading days have now stabilised - in most...

29 June 2016

From: Breaking News

Countrywide, Purplebricks, Foxtons share prices tumble - portals less so

As post-Brexit referendum vote shockwaves continue to reverberate around stock markets and currency exchanges, many publicly-quoted property companies took a hit...

28 June 2016

From: Breaking News

Purplebricks investor Woodford says Brexit vote presents opportunities

The most famous investor in hybrid agency Purplebricks, star fund manager Neil Woodford, says Brexit presents opportunities as well as challenges. In...

27 June 2016

From: Breaking News

'Original' hybrid estate agency claims record sales and completions

The agency which describes itself as the UK’s first hybrid - EweMove - is claiming a record quarter of property sales...

21 June 2016

From: Breaking News

Purplebricks perk: £20,000 turns into £2.8m for agency's finance chief

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

City analyst disputes Purplebricks' claim of 77 per cent conversion rate

One of the most respected City analysts of the changing residential sales industry says Purplebricks’ business model is worth admiring -...

17 June 2016

From: Breaking News

Sarah Beeny's Tepilo agency seeks to double in size within six months

Sarah Beeny’s Tepilo agency says it intends to more than double its size in the next six months and cites Purplebricks...

17 June 2016

From: Breaking News

Purplebricks sells £2.8bn worth of property - plans to launch in Australia

In a very buoyant report to the City, Purplebricks claims it has sold £2.8 billion worth of property in the year...

16 June 2016

From: Breaking News

Hybrid agency seeks to expand by selling local franchises from £5,000

Cashing in on the publicity surrounding the share price of Purplebricks and recent entries into hybrid estate agency by Countrywide and...

15 June 2016

From: Breaking News

Consumer group says hybrid estate agency is the future

The influential consumer property body HomeOwners Alliance says Purplebricks-style hybrid estate agencies may be “the future”. In a blog on the HOA website,...

14 June 2016

From: Breaking News

High-end agency 'mystery shops' Purplebricks - with very mixed results

One of the country’s leading high-end buying agencies says it has ‘mystery shopped’ Purplebricks - with mixed results. For while it found its...

13 June 2016

From: Breaking News

Purplebricks 1, Old-style online agencies 0

Forgive the footballing headline – perhaps inevitable now that Euro 2016 has started – but several decisions and statements across the...

10 June 2016

From: Features

2016 half year news round up for Estate & Letting agents

As we have just passed the 6 month half way point of 2016 we thought it would be a good idea...

09 June 2016

From: Sponsored Content

Growing potential for portals to replace estate agents says industry guru

There is a growing potential for property portals to take over the role of estate agents thanks to the vast amount...

07 June 2016

From: Breaking News

Online agency claims new investment allows it to challenge Purplebricks

Online agency HouseSimple Award claims a new £13m investment package will allow it to “challenge PurpleBricks as the UK’s leading online...

07 June 2016

From: Breaking News

Purplebricks is underperforming and the numbers don't add up, says analyst

An investment consultancy has issued a note to investors, advising them not to buy shares in Purplebricks.  Jefferies – the firm which...

01 June 2016

From: Breaking News

Merger or float is the only way onliners can topple Purplebricks

The only way Purplebricks' dominance of the online agency sector can be challenged is via a merger between competitors or another stock...

27 May 2016

From: Breaking News

FUTURE: PropTech - Rightmove chief's critique of modern estate agency

The main debate at this year’s FUTURE: PropTech conference - the industry’s leading technology forum, held yesterday in London - saw...

20 May 2016

From: Breaking News

OnTheMarket has helped online agencies thrive, says Russell Quirk

Russell Quirk - whose online agency eMoov is banned from OnTheMarket - says the new portal has indirectly helped onliners rather...

17 May 2016

From: Breaking News

Purplebricks: big revenue rise and 'Local Property Expert' numbers up

Purplebricks Group has issued a trading statement to the City - with another dramatic revenue increase and a claim that the...

11 May 2016

From: Breaking News

Purplebricks wants 'first choice' status as it hires new marketing firm

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

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

Online agents 'inferior for contact, know-how and trust' says survey

A survey of over 2,000 people suggests that online estate agents lose out to their traditional counterparts in terms of public...

03 May 2016

From: Breaking News

Purplebricks hires top business consultancy as 'growth adviser'

Purplebricks has appointed Grant Thornton as its ‘growth adviser’ as the hybrid agency continues to fly high on the London stock...

14 April 2016

From: Breaking News

Analyst urges Purplebricks caution despite long-running shares surge

The respected investment advice website Motley Fool has poured cold water on the stock market fortunes of Purplebricks, despite a huge...

11 April 2016

From: Breaking News

Rightmove has insanely high margins but will keep dominating, says analyst

One of the leading financial advice websites in the country has said that Rightmove’s “significant market share” and “insanely high margins”...

05 April 2016

From: Breaking News

Agents advised to make offices more fun and hi-tech to defeat online threat

Estate agents have been urged to follow the example of the travel agency industry and make high street offices more stimulating...

01 April 2016

From: Breaking News

Purplebricks seeks new ad agency - but runs into trouble with watchdog

Advertising industry website Campaign Live says Purplebricks has made a shortlist of four creative consultancies to handle its marketing - while...

30 March 2016

From: Breaking News

Purplebricks splits from ad agency but pushes on with marketing campaigns

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 launches recruitment drive for 'local experts' in 17 locations

Hybrid agency Purplebricks has launched a recruitment drive for what it calls ‘local property experts’ in 17 parts of the country...

23 March 2016

From: Breaking News

Another estate agency considers running a TV advertising campaign

Savills is the latest estate agency to consider a TV advertising campaign. The agency’s marketing director Alison Dean has told Estate Agent...

07 March 2016

From: Breaking News

Property and technology: The birth of the silicon brick?

The amount of column inches taken up by ‘property’ is at an all-time high.  In my mind there are two major contributing...

20 February 2016

From: Features

Boom in Purplebricks share price takes it above £240m launch value

It’s certainly been a rollercoaster ride but the latest closing share value of Purplebricks, which floated in mid December, is now...

09 February 2016

From: Breaking News

'Innovator' Purplebricks will report profits next year say City analysts

The City consultancy which advises Purplebricks says the online agency will break even in terms of its month-to-month activities by the...

27 January 2016

From: Breaking News

Purplebricks share price loses almost 25% of its value since flotation

Purplebricks, the online agency that floated a month ago at 100p per share, was yesterday down to 75.0 at one point...

20 January 2016

From: Breaking News

£24m London mansion for sale … through an online estate agent

Forget eMoov, easyProperty, Tepilo or Purplebricks. It appears the less well-known My Online Estate Agent has taken the honours for having the...

20 January 2016

From: Breaking News

If Purplebricks fails online game could be up admits hybrid agency chief

The co-founder of hybrid estate agency EweMove says if the newly-floated Purplebricks fails "the online agency game could be up." Glenn Ackroyd,...

18 January 2016

From: Breaking News

Why I've said no to PLC approaches

Do you remember Martha Lane-Fox? She was the poster girl for lastminute.com and an icon of the dot.com bubble that ended...

15 January 2016

From: Features

More tough stock market trading for Purplebricks, Countrywide and Foxtons

There has been more volatile stock market trading for some of the industry’s highest-profile agencies.  Countrywide - whose chief executive Alison Platt...

15 January 2016

From: Breaking News

Purplebricks and eMoov lead panel as online and traditional agents square up

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

Consultancy accuses OnTheMarket backers of inward focus and fear

An international portal consultancy not previously known for its outspoken comments has sharply criticised OnTheMarket for its “protection of the status...

12 January 2016

From: Breaking News

Online Vs traditional – the battle continues

Online estate agent Purplebricks has now completed its pre-Christmas IPO with shares initially valued at £240m. It’s the latest news that...

08 January 2016

From: Features

Difficult day of trading for Purplebricks on London Stock Exchange

Purplebricks recorded a volatile bout of trading on London’s Stock Exchange yesterday, where it ended the day with a 5.7 per...

08 January 2016

From: Breaking News

You read it here first – what to look for in 2016

There’s been plenty of forecasting in recent weeks - banks, consultancies and high-end estate agents have predicted house prices in the...

31 December 2015

From: Features

Star fund manager Woodford increases his stake in Purplebricks

Star fund manager Neil Woodford - whose investment judgements have made him something of a celebrity in the world of high...

24 December 2015

From: Breaking News

My winners and losers in 2015

It’s time to take a pause, to reflect and put into context—and what a year it has been for our industry...

24 December 2015

From: Features

Purplebricks easily outstrips online rivals' brand recognition says poll

Purplebricks is very easily the most recognisable online estate agency, according to a survey of 1,300 home owners by respected polling...

23 December 2015

From: Breaking News

Purplebricks enjoys volatile start to stock market trading

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

easyProperty may be worth £1 billion by 2018 says chief executive

In the week that Purplebricks floats on the stock market, rival agency easyProperty says it will not list for two years...

14 December 2015

From: Breaking News

Sarah Beeny says Tepilo turnover will top £10m in 2016

Sarah Beeny says Tepilo has seen a 400 per cent increase in turnover and aims to exceed £10m in turnover next...

11 December 2015

From: Breaking News

eMoov and easyProperty beef up activity as online competition grows

With Purplebricks floating next week and at least one other agent believed to be announcing the appointment of a senior staff...

08 December 2015

From: Breaking News

Official: Purplebricks first online agency to float, on December 17

Hybrid online estate agency Purplebricks is expected to start trading on the Stock Exchange on December 17. It has already raised £58.1m...

04 December 2015

From: Breaking News

Purplebricks launches in another region as stock market float nears

Purplebricks has launched in another region of the UK as speculation continues over the date of its expected flotation.  It has now...

24 November 2015

From: Breaking News

Purplebricks valued at £250m and preparing stock market listing?

Online estate agency Purplebricks is reported to be preparing a stock market listing valuing it at close to £250m. The company is...

13 November 2015

From: Breaking News

Agency claims PurpleBricks still showing word for word copied details

There appears to have been no public action taken so far by online agency PurpleBricks in response to the claim that...

11 November 2015

From: Breaking News

Agency claims Purplebricks copied property details word for word

Estate agency EweMove claims that online operator PurpleBricks has copied a property description of a house “word for word” from one...

03 November 2015

From: Breaking News

Property Natter: Quirky views, website traffic and a love affair with 'hybrid'

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

Not Online, not High Street - future agencies to be Hybrid says Countrywide

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

Purplebricks and other agencies resolve complaints to advertising watchdog

Four estate agencies including online player Purplebricks have resolved complaints submitted to the Advertising Standards Authority. Every week the ASA publishes a...

14 October 2015

From: Breaking News

Property Natter: reaching the Holy Grail of more vendors and landlords

Well, the hosts have left the party early. England have crashed out of their own Rugby World Cup after a demoralising...

09 October 2015

From: Features

The Big Debate: Online versus Traditional Agency - we want your questions

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

Can easyProperty find its place amongst the new online establishment?

The big online estate agencies appear to have come of age. No, no - I'm not saying they're good, bad, better or...

02 October 2015

From: Features

We’re all disrupters now

It’s become almost obligatory for start-ups in many industries – frequently online agents in the selling and letting business – to...

04 September 2015

From: Features

Brandon Lewis announced as keynote speaker at property tech event

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

27 August 2015

From: Breaking News

High Street agent confronts online rivals with flat fee structure

A traditional estate agent has taken a leaf from the book of online rivals by scrapping old-style percentage commission and instead...

19 August 2015

From: Breaking News

Ex-Virgin brand executives step up to Purplebricks board

Hybrid estate agency Purplebricks has revealed that two former Virgin brand and marketing experts who have been with the agency since...

12 August 2015

From: Breaking News

Video round-up 10.07.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on George Osborne's...

10 July 2015

From: Video Articles

Video round-up 10.07.15 - Watch the weekly news from Estate Agent Today

Watch the latest weekly video round-up of news from Estate Agent Today and Letting Agent Today, featuring stories on George Osborne's...

10 July 2015

From: Breaking News

Top City man makes second major investment in Purplebricks

Sky News is reporting that the City's top fund manager Neil Woodford has increased his involvement in online estate agent Purplebricks,...

08 July 2015

From: Breaking News

Purplebricks launches in Northern Ireland

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

03 June 2015

From: Breaking News

ASA investigating complaints about online agents' VAT

The managing director of Hatched online agency is accusing Purplebricks, eMoov, Tepilo and House Network of advertising their rates exclusive of...

19 May 2015

From: Breaking News

Purplebricks hints at IPO this time next year

Online estate agency Purplebricks says it is likely to make an Initial Public Offering in the second quarter of 2016 ahead...

14 May 2015

From: Breaking News

Expansion plans for two high profile online agencies

easyProperty, the online lettings agency set to launch a sales operation later this year, plans an Initial Public Offering after the...

22 April 2015

From: Breaking News

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