Archive

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

The market share of online and hybrid agents has continued to decrease this year but self-employed agency is growing. Data from Twenty...

A quarter of homebuyers have attempted to bribe sellers with everything from cash to kindness when trying to secure a property,...

A variety of charities have received support from the property industry over the past week. If there are charitable endeavours you think...

Yopa’s latest accounts for 2022 have revealed a “material uncertainty” that the business could continue ahead of a restructure in 2023. The...

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

Negotiating is set to come back into fashion this year as the buyers’ market grows, an industry trainer has claimed. Charlotte Jeffrey-Campbell,...

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

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

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

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

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

The founder of an online agency that switched to the for sale-by-owner model has turned his attention to property portals. Kae Travis...

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

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

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

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

A new mobile-based agency franchise network has attracted 50 agents during the first quarter of the year and is already planning...

Online agents and outsourced conveyancing panels have been cited as factors delaying property sales in the UK. A trade body has warned...

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

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

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

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

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

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

The liquidator for Doorsteps is seeking a buyer for the collapsed online agent’s intellectual property. Prospective buyers have been messaged by restructuring...

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

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

Propertymark has released details of a panel featuring several industry heavyweights at its much anticipated conference in June. Founder of emoov-turned-property-pundit and...

Agents have begun reporting concerns that Barclays has suspended access to their business bank accounts. Vijay Vashistha, co-founder of online agent 99home,...

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

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

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

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

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

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

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

More than half of Estate Agent Today readers have indicated they will raise their fees this year. Several industry executives have suggested...

Strike chief executive Sam Mitchell has blamed uncertainty since the September mini-Budget and rising mortgage rates for making the market more...

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

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

Agents should increase their fees in 2023 so the average reaches at least 2%, a senior industry executive claims. Adam Day, founder...

Hatched founder Adam Day has drawn on his experiences of running the online agent during the 2008 financial crisis to advise...

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

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

Estate agency sales revenue could have dropped by as much as 27% by the end of this year, research suggests. Analysis of...

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

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

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

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

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

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

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

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

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

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

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

Collapsed online agent Doorsteps owes more than half a million pounds to company creditors including Rightmove, HMRC and the Treasury, documents...

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

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

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

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

A new mobile-based agency franchise network has launched, offering agents zero fees and what it describes as the choice of remote,...

Purplebricks has launched a new advertising campaign that brings back its controversial “save yourself from commisery” slogan. The new radio and TV...

A high-profile Purplebricks investor has backed the beleaguered online agent for bringing more experienced individuals to its board but has urged...

Purplebricks has unveiled two senior board appointments. The online agent has appointed Adrian Gill and Gareth Helm, two highly experienced property industry...

Purplebricks is set for its annual general meeting amid shareholder pressure over its performance and position of its chairman. The beleaguered online...

Russell Quirk has gone from online estate agency founder to PR guru and property commentator, but has now added national talk show...

Purplebricks has recruited Helen Martin to the newly created role of group director of risk and compliance. It comes as the beleaguered...

A prominent analyst has suggested three ways Purplebricks could boost investor confidence and contend in a recessionary market. Davy Research released an...

Purplebricks’ non-executive chairman has upped his stake in the beleaguered online agent ahead of the company’s annual general meeting (AGM) next month. A...

The market share of hybrid and online agents has increased slightly but they are still struggling to break into the higher...

Online agent Griffin Property Co has become the latest brand to partner with Help to Buy-style equity loan provider Proportunity. The partnership...

Purplebricks’ share price hit a record low during trading yesterday after an activist investor upped its stake and called for the...

Purplebricks has pushed back the publication of its annual accounts. The online agent’s full year results were due to be published on...

Online agent 99home is planning to go international. The brand, which lets sellers pay to list their property on the major portals...

Online and hybrid agents have rapidly increased their market share over the past year, research claims. Analysis of new Zoopla, Rightmove and...

An industry veteran who helped train Purplebricks agents has partnered with easyProperty to foster its franchisee talent. The online hybrid agent is...

Agents lost out on £600,000 worth of owed commission from withdrawn listings last year, industry data suggests. Withdrawn sales are an occupational hazard...

The property industry is fortunate in including many great people, doing great work across a range of businesses – from traditional agency...

The Advertising Standards Authority (ASA) has informally resolved a complaint regarding claims made by Purplebricks about home sales. The advertising watchdog revealed...

Yesterday afternoon, Helena Marston was finally confirmed as Purplebricks new CEO after all the due diligence checks that are required for...

Online agent Strike is preparing to name a home seller who will be reimbursed the equivalent of an estate agent fee...

Hundreds of former Purplebricks agents have now signed up to a potential legal claim against the firm. Contractors For Justice, known as...

Lawyers working on a class action against online agents including Purplebricks have said they will be ready to send a letter...

It was a quiet first quarter this year for sanctions at The Property Ombudsman (TPO). The redress scheme has revealed that just...

Purplebricks ended the trading day yesterday without being able to formally welcome its new chief executive but the markets appeared to...

A former UK national sales director at Purplebricks has been reunited with the online agent’s founder Michael Bruce at Boomin. Paul Vickerstaff,...

Mystery surrounds the appointment of Purplebricks new chief executive following a stockmarket update this morning. Helena Marston was due to start as...

The shortage of stock in the current market is making it tough for High Street agents according to one of the...

Strike, formerly known as Housesimple, is the latest online agency to claim it’s going to secure a 10 per cent market...

Low fee agents such as Purplebricks and some other online operators are generally not trusted by the public when selling their...

The market share of hybrid and online agents has fallen again, this time to 6.7 per cent. That figure - taken at...

A High Street estate agent on Merseyside has criticised online rivals for creating nightmares for vendors who are then obliged to...

We all know what did happen in 2021 - Covid and more Covid, the stamp duty holiday frenzy, a soaring rental...

A long-standing estate agency with three major branches has shut after 27 years of trading - blaming online competition and ‘race...

Boomin has revealed an upgrade to its SmartVal feature, which tries to blend real-time online valuations with local expertise from member...

A new survey by property consultancy TwentyCi shows that the market share of online and hybrid agents in the third quarter...

Like most industries, estate agency is changing. A general trend to a more hybrid model, accelerated by the pandemic has resulted...

Strike, the digital-first estate agent previously known as Housesimple, has been selected to join Tech Nation’s Future Fifty programme. The online agent, which...