• Cedar House, Caen St, Braunton EX33 1AH

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Sales market hasn't yet recovered from a quiet summer, admits NAEA

The latest market snapshot from the National Association of Estate Agents suggests that the proportion of sales made to first time buyers has dropped further, to 22 per cent. The figure, which applies to October’s sales figures drawn from a survey of NAEA Propertymark member agents, was down one per cent… Source: Estate Agent News

Christmas pictures are here! Agents begin to decorate their offices…

We’re delighted to say that the first estate agency pics have arrived as the industry unravels the tinsel and gets out the fake snow to mark the start of the Christmas season. First off the mark this year is Lincolnshire estate agency Geoffrey Collings & Co.  Property consultant Carrie Maris has kindly… Source: Estate Agent […]

Chancellors Group signs five year deal with OnTheMarket portal

Chancellors Group has signed a five year deal to list its sales and lettings properties with the OnTheMarket portal. The group has over 50 branches trading as Chancellors in parts of southern England, as Anscombe & Ringland in areas of London and as Russell Baldwin & Bright in Hereford, Powys and… Source: Estate Agent News

Transactions fall but LSL still shows bigger-than-expected revenues

LSL Property Services – which includes Your Move, Reeds Rains and other high street estate agencies – batted away any housing market gloom by telling shareholders that revenues for the 10 months to the end of October were up by 1.1 per cent. In a trading statement the company says residential… Source: Estate Agent News

ZPG announces record visits and increased agency membership and listings

ZPG has revealed its 2017 annual report this morning with a stream of records – 648 million visits to portals, revenue from property services up 41 per cent and a six per cent rise in its number of UK agencies with a five per cent rise in its property listings.    The… Source: Estate Agent […]

Online agent deposit/conveyancer scheme claims 100% completion rate

Online agency Settled is introducing a deposit scheme which it claims will assist sellers and buyers reach completion faster – and requires them to instruct the firm’s conveyancing partner “helping to speed up the legal stage of the sale by up to 50 per cent.” The agency has this year claimed… Source: Estate Agent News

PropTech Today: The battle of the reports

Hands up if you’ve read all of the property reports that have been published in the past week or so? Forever the teacher’s pet, I have.  But I've been doing a lot of travelling this week, so that’s given me the time. Because most of us don’t have time to read… Source: Estate Agent News

Online agency drops Open House claim after complaint over website

Online agency Elopa has dropped a claim on its website that its Open House method of selling properties achieved the best price and the shortest marketing period for clients.  This follows a complaint to the Advertising Standards Authority. The ASA says Elopa, the trading name of Elopa Ltd, claimed on the website… Source: Estate Agent […]

Ex-Propertyfinder and online chief now heads property crowdfund firm

The co-founder of online agency Estates Direct, who also previously worked for Propertyfinder, has become head of a property crowdfunding service. Ben Grove has on his CV time at advertising firms as well as Propertyfinder and co-founding – along with the founder of Match.com – the online agency Estates Direct.  … Source: Estate Agent News

Chains getting more fragile as market weakens, warns estate agency

The London-focussed estate agency Cluttons says chains in central London are becoming increasingly fragile thanks to general uncertainty in the wider economy leading to more nervous purchasers. “The weaker appetite to scoop up deals is…making vendors nervous, with uncertainty trickling through to property chains, which appear to be increasingly fragile. In… Source: Estate Agent News