• Cedar House, Caen St, Braunton EX33 1AH

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Buyers warned: Don’t cut corners by trying DIY conveyancing

Hard-pressed buyers who try to minimise house moving costs by doing their own conveyancing have been warned of the disastrous consequences if something goes wrong – and the impact any problem could have on a property chain.  Caroline Murray of Graysons Solicitors in Sheffield says it may be understanding that it… Source: Estate Agent News

Online agencies’ sales conversion rates revealed by analyst

An estate agency analyst has shared with Estate Agent Today his findings on the current and recent conversion rates of online agencies.  Andrew Stanton, who worked in traditional agency for over 30 years, now runs a consultancy called Estate Agency Insights and Strategies.  He says that out of some 1.5m homes marketed… Source: Estate Agent […]

Rival agency opens new London office within hours of Foxtons’ closures

London estate agency JOHNS&CO, which specialises in new homes, has opened its seventh office in the capital – the announcement came a few hours after Foxtons revealed the closure of six of its London branches. JOHNS&CO was set up in 2013 as a lettings and property management agency, specialising in new… Source: Estate Agent News

PropTech Today: Agents – here’s why you need to differentiate more

I remember renting flats when I was a 25-year-old negotiator at Foxtons. Many of you will remember my love for the property market at this point in my life, though I had no idea it would end up taking me around the world. I must have got lucky somewhere. I specifically… Source: Estate Agent News

“Sun is setting on the market” as supply soars and demand drops

The market is now over-supplied with homes to sell while at the same time demand is dipping and there are widespread cuts to asking prices. That’s the gloomy analysis of Home, an online property platform that produces a monthly analysis of the market based on around 500,000 pieces of house price… Source: Estate Agent News

Forget the south – Manchester is where capital appreciation is highest

A leading property consultancy has called out Manchester as the location which has seen the highest urban price growth of anywhere else in the UK. According to the latest research from Cushman & Wakefield, house price growth in Manchester has exceeded the UK average in five out of the last six… Source: Estate Agent News

Foxtons confirms six branch closures – but says no more to come

Foxtons has this morning confirmed that it has now closed six branches. There was high-level publicity given to the closure of its Park Lane and Barnes branches early in the autumn but now the firm says it has also closed four others at Beckenham, Enfield, Loughton, and Ruislip. “We continue to cover… Source: Estate Agent […]

Emoov sale may force a change to online model, claims agency

An online agency launched by a traditional high street agent to ward off competition says the online business model might have to change in the light of Emoov’s financial crisis.  Love2move, founded in February 2017 using an online platform developed by the Lancashire-based traditional agency MovingWorks, allows bricks and mortar agencies… Source: Estate Agent News

“Confident” OnTheMarket still signing agents ahead of appeal

OnTheMarket has issued an upbeat statement about the Court of Appeal setting a date to hear Connells-owned Gascoigne Halman's challenge to a ruling that cleared Agents Mutual of anti-competitive activity.    The hearing will take an estimated three days and will be held at the end of November in London; it follows a lengthy… Source: Estate Agent News

Automated valuation system generates over 100,000 leads in just one month

The ValPal Network, an automated valuation system, has for the first time provided over 100,000 leads to agents in just one month. The ValPal Network now represents 797 agency brands with around 4,000 branches and in October it produced 102,999 leads; based on historical performances, some 18 per cent of those are… Source: Estate Agent News