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Brexit Blues: “sharp correction” likely post-deal, agent warns

Homes in central parts of London sold for a typical 11.5 per cent below asking price in the first three months of this year – and there may be worse to come if there is a glut of sellers taking the plunge after Brexit has achieved some sort of resolution. That’s… Source: Estate Agent News

Over 150 agents link with 'Modern Method' online auction firm

An online auction service which only came into existence in September last year claims to have 150 partner estate agents already, with a target of 300 by the end of 2019. Whoobid says it aims to make online property auctions quicker, more affordable and more secure for UK buyers and sellers.  The… Source: Estate Agent […]

Purplebricks hires PR firm that aims to "fuel fandom"

Purplebricks has hired the Weber Shandwick PR firm to handle much of its non-investment related public relations. Weber Shandwick has its global headquarters on New York’s Third Avenue but it has offices in 81 countries around the world, including the UK. It is operating as the global public relations agency for the Tokyo… Source: Estate Agent […]

£23m Prime Central London property to be sold via Blockchain

A property in London’s Mayfair has a price tag of £23m and is being sold via a system allowing interested parties to submit offers online using Blockchain technology.  The selling agency, Singer Vielle, says this is the first time what it describes as “a prime property investment” in Mayfair is being… Source: Estate Agent News

Agents Do Charity – more wonderful work by our industry

If it’s Friday it’s Agents Do Charity day – and we’ve got another bundle of good work for you this week, thanks to people kindly getting in touch with us. We can help with your fund-raising by publicising your efforts: just email us on press@estateagenttoday.co.uk and we’ll take care of the… Source: Estate Agent News

Purplebricks for the high jump as it sponsors Olympics Team GB

Purplebricks is the “Official Estate Agent Of Team GB” for the build-up to and completion of next summer’s Olympics in Tokyo. It is going to change the colour of its Sold boards to gold featuring the Team GB logo.  No details of the cost of the sponsorship have been revealed but four years ago London’s… Source: Estate Agent […]

Rightmove warned that it must innovate to survive

An interesting analysis of Rightmove’s performance on the stock market has led to questions about the long-term profitability and viability of property portals. Steven Chen, an analyst contributing to the Seeking Alpha website aimed at US readers, says Rightmove “continues to lock in its superior profitability and capital efficiency” in what… Source: Estate Agent News

Hybrid agency boss applied for top job “to protect business model”

The head of EweMove, the hybrid agency operated by The Property Franchise Group, says he applied for the top job in order to protect the business model. Nick Neill, who is marking two years as managing director of EweMove, admits to having had no experience of estate agency at all when… Source: Estate Agent News

“Too many sellers think prices will rise post-Brexit” warns senior agent

Too many sellers are wedded to the idea that prices will rise after a Brexit deal is resolved, says one of the country’s most prominent estate agents. Jeremy Leaf, north London agent and a former RICS residential chairman, made the claim after the release of government figures showing that the rate of… Source: Estate Agent News

In it to win it: Nominations open for Propertymark Qualifications Awards

Nomination for the Propertymark Qualifications Awards 2019 are now open – and they present a chance to celebrate colleagues or employers you believe deserve recognition. Now in their eighth year, the awards are exclusively open to those who have achieved, or are currently working towards, their Propertymark Qualifications Awards and Certificates.  This… Source: Estate Agent […]