Cedar House, Caen St, Braunton EX33 1AH

News

OnTheMarket to become a software house as well as portal

Jason Tebb, the ex-Foxtons agent who is now chief executive of OnTheMarket, has given his first in depth public interview since taking up the new role - and has signalled a dramatic shift in the portal’s future role. The interview, with Property Academy founder Peter Knight was filmed at the end of... Source: Estate Agent...

Stamp Duty: Agents told to warn vendors they may miss deadline

An analysis of the average time taken for properties from 10 leading estate agency brands to complete shows a significant increase over the past year.  As a result agents are being advised to be upfront with warnings to vendors and buyers that they may miss the next stamp duty deadline. Data from... Source: Estate Agent...

Make stamp duty cut permanent, international economists tell UK

The UK government has been told it should make the stamp duty cut permanent to encourage investment and make it easier for people to move to new jobs. The advice - from the Organisation of Economic Co-operation and Development, a 37-country body aimed at stimulating the economy and growth - is... Source: Estate Agent...

Rightmove reveals launch date for Modern Method of Auction operation

Rightmove’s new Modern Method of Auction service launches on Monday.  The service - which Rightmove calls Online Conditional Auctions - will involve the portal’s listings carrying information about this method of selling. Each listing that goes down the MMA route will include information on its latest bids and the portal says this... Source: Estate Agent...

Agents can give conveyancers upfront info easier, says PropTech firm

A PropTech firm says its new tool allows comprehensive upfront property information to be shared instantly with all parties in a transaction, via an online dashboard. The firm, Sprift, says this demonstrates its mission for industry collaboration and faster transaction times. The Sprift dashboard provides over 100 data points for every UK property, including... Source: Estate Agent...

Up to 40% of homes for sale are chain-free in parts of UK

New research shared with Estate Agent Today suggest that in areas of the country almost four in 10 homes for sale are in fact chain-free. This backs up earlier assertions by Rightmove that in addition to the regular chain-free properties that appear on the market, many more now exist because sellers... Source: Estate Agent...

Agents Do Charity – Have we got hair-raising news for you…

It’s Friday so it’s Charity day of course, and today we get to the root of the issue of lockdown easing and life becoming - slowly, slowly - a little more like normal. If you’re fund-raising this spring, taking advantage of the restrictions lifting, please let us know and we’ll help... Source: Estate Agent...

Zoopla takes on Rightmove with new look, features and functionality

Zoopla has unveiled a subtle rebranding plus new features and functionality - and says it wants to be number one, not number two to Rightmove. The portal says these are its biggest changes since its launch 14 years ago, and are accompanied by the claim that it “strives to become the... Source: Estate Agent...

Adrian Gill – talking agency consolidation, PropTech, retail and Boomin

This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had a long and distinguished career in various director roles at Connells, LSL Property Services and Leaders Romans, but he still has an interest and involvement in the property industry. He... Source: Estate Agent...

Foxtons Fat Cats: Has the company been milking the taxpayer?

Foxtons is facing another shareholder revolt over the bonus being given to its chief executive despite taking £7m in state Covid support. The BBC reports that Foxtons plans to hand CEO Nic Budden a bonus of £389,000.  Budden's total pay package grew to £1.6m in 2020 compared to £1.25m in the previous... Source: Estate Agent...

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