• Cedar House, Caen St, Braunton EX33 1AH

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Agency data confirms slowing market with some regional price falls

The latest Your Move house price data confirms what a wide range of indices have shown recently - slowing price growth and, in some places, values falling. The agency says the average house price in England and Wales now stands at £304,433. Prices actually rose on average across both England and Wales in October… Source: Estate Agent […]

John Lewis guru to tell estate agents how customer service is done

The man responsible for defining John Lewis’ legendary customer service, and preserving its Never Knowingly Undersold pledge, is to address the National Association of Estate Agents’ annual conference in February. He is Andrew McMillan who started as a management trainee at John Lewis’s Brent Cross branch before going on to spend… Source: Estate Agent News

Extraordinary £120m investment for agency that ‘breaks chains’ for sellers

It’s been reported that Nested, an estate agency launched two years ago, has received a massive £120m cash injection from venture capitalists. Nested, which we reported at the start of 2018 had already raised some £50m in investment since its launch, provides sellers with what is effectively an advance of up to 95 per… Source: Estate Agent News

Round two! OnTheMarket anti-competitive case goes back to court

Here we go again – the Court of Appeal is to hear Connells-owned Gascoigne Halman's challenge to a ruling that cleared Agents Mutual of anti-competitive activity with its one other portal rule. The Negotiator – which got the story as an exclusive – this morning reports that the case will last three… Source: Estate Agent News

Branch closures: 211 agency offices shut during first half of 2018

Shocking figures from the Local Data Company, a consultancy monitoring the health of High Streets, show that 211 estate agency offices closed in the first six months of 2018.  This made agency the second fastest declining retail category in the period under review.  The figures do not make clear how many agency… Source: Estate Agent […]

Property Jobs Today – key industry moves and a ‘Rock Star Agent’ invitation

Hello and welcome to our latest edition of Property Jobs Today, a weekly run-through of the key job moves within our industry. Thanks to everyone who’s contributing – we’re getting plenty of updates already – but we’re always keen for more so please send us your news on new recruits and… Source: Estate Agent News

Children In Need this week – what’s YOUR agency doing?

It’s Children In Need in just a few days’ time on Friday, November 16 – it’s one of the biggest fund-raising days of the year and we know many agents will be joining in. We’d love to know what you’re doing, and photographs of you doing it would be even better.  If… Source: Estate Agent […]

‘Big bang, warp-speed change’ for conveyancers, claims PropTech firm

Conveyancers’ use of data and technology to speed through sales is on the cusp of a ‘big bang’ moment according to a PropTech company. Search Acumen says that the likes of blockchain, tokenised property, property logbooks and the digitisation project by HM Land Registry will transform the legal due diligence process… Source: Estate Agent News

Shock figures show ‘hidden’ conveyancing fees deter buyers

A digital conveyancing platform says a lack of transparency in the house moving process – particularly regarding legal costs – is deterring buyers and sellers. Research amongst 2,003 people by the platform When You Move, and shared exclusively with Estate Agent Today, shows that when fees for estate agents, surveyors and… Source: Estate Agent News

Online agent blames Brexit, legal fees and stamp duty for supply slump

There was a drop in the number of new listings across the UK last month, suggesting that the usual autumn rush to move before Christmas hasn’t materialised.  New property listings in October fell by 5.5 per cent across the UK as a whole and by 6.8 per cent in London according to… Source: Estate Agent News