• Cedar House, Caen St, Braunton EX33 1AH

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Three portals to debate future of sector at PropTech conference

Three portals are to reveal their thoughts on how their platforms and others are likely to develop at this spring’s annual FUTURE PropTech event. The event, on May 14 in London, will see speakers from Rightmove, Zoopla and the new portal OneDome debating the sector’s trends and likely future changes. Highlights for agents… Source: Estate Agent […]

Top industry suppliers form new group offering agents ‘tech solutions’

Many of the industry’s best known and widely respected suppliers have set up a new group which they say offers agents tech and other solutions to help them compete in a volatile marketplace. The new Innovative Collaboration Group consists of many of the best known and established PropTech and other suppliers,… Source: Estate Agent News

Lawyers accuse agents of failing to comply with CPRs over leaseholds

The Law Society claims that the unforeseen charges faced by some purchasers of leasehold properties could be addressed “if developers and estate agents complied with consumer protection regulations” by providing more information upfront. “Under Consumer Protection Regulations key sales information is supposed to be set out at the start of the… Source: Estate Agent News

Agents warned over referral fees: You're in the last-chance saloon

Estate agents have been warned that if new guidance over referral fees is not taken seriously, they could be faced with an outright ban. The warning comes from Mark Hayward, chief executive of NAEA Propertymark, who says he and his organisation are both “hugely supportive” of new guidance which has been… Source: Estate Agent News

Zoopla says leads to agents up 36% as portal wars hot up again

Zoopla says the number of its leads delivered to member agents in the period March 2018 to February 2019 was 36 per cent higher than for the previous year. According to Zoopla research, investors made up 15 per cent of property sales across the UK in 2018: of these, 36 per… Source: Estate Agent News

Prices stagnate but there are big regional differences says Your Move

Prices have dropped 0.5 per cent in the past year according to LSL Property Services, the parent company of Your Move and Reeds Rains. The average value of a home in England and Wales is now £302,435.  “It’s a mixed picture with some regions still experiencing price rises; there clearly continues to… Source: Estate Agent […]

PropTech Today: MIPIM competition suggests sensors and IoT are the future

This month’s MIPIM conference in Cannes once again played host to the final round of the much coveted MIPIM Startup Competition.  The list of finalists often serves as a fascinating peek at what the future of PropTech might look like, and the winners invariably go on to great success.  This year’s big… Source: Estate Agent […]

Reservation Agreement firm claims it "entirely eliminates" fall throughs

An industry provider of reservation agreements says its services can “entirely eliminate” fall throughs and reduce failed transactions “to almost zero.” PropTech firm Gazeal says a recent survey showing that one in six transactions currently fall through – with almost a quarter of them down to buyers failing to raise the… Source: Estate Agent News

Agency branch will be ‘paperless’ with TV screens and PropTech

An estate agency which was set up in south Wales late last year is opening a new branch that it describes as “paperless.” M2 is a new agency brand in Newport, set up by Mark Roberts who has operated the Roberts Estate Agents business in the town for 15 years.  He already… Source: Estate Agent […]

OnTheMarket introduces new features – but only for agents who pay

In another bid to take on Rightmove, OnTheMarket is introducing a new range of advertising products which will enable agents to boost the visibility of their brands and their listings on the portal and in property alerts. From April 8 it will have: – Spotlight property: maximum ‘stand-out’ features with a bigger… Source: Estate Agent […]