Cedar House, Caen St, Braunton EX33 1AH

News

Rightmove’s new finance chief joins on huge salary and bonus potential

Rightmove’s new chief financial officer has a basic salary of £390,000 plus bonus options coming to a potential total of £1.75m. Alison Dolan has been named as CFO, and she will take up her post on September 7 - at roughly the same time that agents may be considering their next move in... Source: Estate Agent...

Furlough Fraud: HMRC targets property firms for investigation

A law practice says HM Revenue & Customs is launching a probe into companies that have allegedly abused the Coronavirus furlough scheme - and property firms are at the top of the list. Law firm Collyer Bristow says it is aware that the Revenue is beginning to investigate possible abuses of... Source: Estate Agent...

New portal reveals charges to agents plus extra for multi-listing service

The new portal OpenBrix, which is powered by Blockchain, has revealed its fee structure ahead of its formal launch on September 1. It’s going to charge £75 per branch per month, plus £1 per property upload fee. If agents then want to join a multi-listing system it will operate, they will... Source: Estate Agent...

Purplebricks refunds widow after press intervenes in case

An intervention by a magazine has led to Purplebricks refunding the up-front fee to a seller whose husband died suddenly and who therefore took her home off the market. The personal finance publication Moneywise reports that it was contacted by the widowed seller, who it does not name; she described Purplebricks... Source: Estate Agent...

New PropTech platform allows “revolutionary” multi-listing service

A new PropTech platform says its central feature will be the launch of a Multiple Listings Service.  This will allow agents “to work together and promote cross-industry collaboration as the sector becomes more relationship-led.” Agent Hub says it has rebuilt its system and website to host MLS, and claims it will work... Source: Estate Agent...

BBC presenter mocks agent for asking vendor to remove fridge magnets

A BBC presenter has used her local newspaper column to mock an estate agency for suggesting fridge magnets be removed to improve the photographs of a property for sale. Lou Hannan, from BBC Radio Solent, says she fully understands that agents have to advise on what helps sell a property - in... Source: Estate Agent...

Purplebricks delays changes to fees structure until the autumn

    Purplebricks says changes to its fees structure - possibly becoming less reliant on controversial upfront charges - has been delayed until the autumn. A statement to shareholders this morning says: “We have a business model that is based on value. It's unrivalled in the marketplace and offers consumers the opportunity to... Source: Estate Agent...

Phil Spencer: agents can capitalise on an improving public image

Agents have long been the victim of a poor public reputation, from scoring highly in most disliked profession polls to being the subject of scathing comments when people move home. The industry is not out the woods yet, but it can certainly be argued that sound progress has been made in... Source: Estate Agent...

Redundancies at OnTheMarket ‘under consideration’ admits portal

OnTheMarket has confirmed it is “considering” making redundancies - the second of the large portals to be in this position. Rumours have been swirling around the industry for some weeks about jobs going at OTM which is still officially hunting for a permanent chief executive following the sacking of Ian Springett some months... Source: Estate Agent...

New exec charged with making agency UK’s ‘largest premium brand’

A new director has been appointed at Fine & Country charged with achieving the corporate goal of “becoming the largest premium estate agency in the UK.” Jonathan Handford - described by the company as “an experienced international speaker, coach, trainer and estate agent” - its currently managing director of the brand’s... Source: Estate Agent...

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