• Cedar House, Caen St, Braunton EX33 1AH

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'Chain breaker' estate agency to launch in major cities in 2018

Nested, the chain-breaking estate agency that offers vendors a guaranteed sale of their property within 90 days, is to expand beyond its current market of London. Founder Matt Robinson – the man behind payment firm GoCardless – says he will next year expand his agency to cover Bristol, Oxford, Cambridge and Manchester.  “Our proposition… Source: Estate Agent […]

Facebook gives another signal that it may soon carry property listings

It looks likely that Facebook will soon be able to list homes for sale in the US, in the style of a portal, and allowing agencies to advertise their inventories. Property Portal Watch, an industry website, says interviews in US publications suggest that Facebook's Marketplace function, which allows people to sell… Source: Estate Agent News

Automated valuation system expands with new lead conversion tools

The ValPal Network is launching a new tool for its 4,100 agent users – an area barometer which reflects the buoyancy of the local housing market. The new feature, currently being trialled by members, offers area and lead scores that help to convert The ValPal Network leads into market appraisals. It provides vendors… Source: Estate Agent […]

Appointments – Ex-Savills man joins Harrods; New country consultant

Harrods Estates has recruited an ex-Savills sales negotiator with 10 years of experience working in prime central London. Michael Harte, who will work in Harrods' Knightsbridge office, began his career as a lettings negotiator; shortly after qualifying as a licensed ARLA agent he joined Blenheim Bishop, Mayfair, in 2006. Following the acquisition of… Source: Estate Agent […]

Forget Mum and Dad – now first time buyers can crowdfund deposits

An online platform has been launched with the aim of allowing first time buyers to seek crowdfunding to raise enough cash to buy a home.  Property Pact has just won approval from the Financial Conduct Authority and is seeking FTBs who are happy to use peer-to-peer crowdfunding to raise a deposit.  "There are… Source: Estate Agent […]

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 listed on its US site. In a three-part Twitter message posted yesterday afternoon, Trustpilot said: "1/3 – Trustpilot is aware that Purplebricks mistakenly invited UK customers to review on US profile…. Source: Estate Agent […]

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 strange thing to do.  Bruce was delivering a rallying call to Purplebricks’ partners and customers, saying despite the bad press, don’t let the b*ggers keep you down.   As I say, an odd… Source: Estate Agent […]

Ex-NAEA chief tells government stamp duty should be paid by sellers

Simon Gerrard, a past president of the National Association of Estate Agents, has called on the government to switch the burden of stamp duty payments from buyers to sellers.  This would make it easier for first time buyers – who would have only a deposit to save for, instead of duty… Source: Estate Agent News

Agency's non-existent Zoopla membership spurs complaint

Three more complaints about agents made to the Advertising Standards Authority have been settled informally – including one concerning an agency's portal membership. One complaint, about Somerset agency Lewis Gray, queried the accuracy of a circular distributed on behalf of the company, stating its properties were listed on Zoopla. The complainant… Source: Estate Agent News

London sluggish but England and Wales price average nears £300,000

The latest data from Your Move reveals London as still being the area of England and Wales with the lowest house price growth – 0.7 per cent on an annual basis. This is despite prices in the capital falling by an average of 1.4 per cent in July, leaving the average… Source: Estate Agent News