• Cedar House, Caen St, Braunton EX33 1AH

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Controversial agency boss slams “misreporting” of lockdown working

The boss of controversial estate agency Dexters has hit out at social media reports and press articles about company staff working in the early stages of the Coronavirus lockdown. Last week Dexters – which calls itself London’s leading independent agency with 35 offices in central London and 70 in total across… Source: Estate Agent News

Top agency to train agents in other activities during virus crisis

LSL Property Services says one of its measures to “rightsize” the organisation during the Coronavirus crisis will be to put agents through ‘cross-functional training’. The initiative is one of many announced by the company, which is the parent to Reeds Rains and Your Move.  The LSL range of services extends well beyond… Source: Estate Agent […]

Third largest agency taking “appropriate measures” to limit virus chaos

Yet another one of the giants of our industry, Hunters, says it’s taking “appropriate measures” to safeguard the firm in the wake of the Coronavirus outbreak. In a statement to shareholders late yesterday the firm – which has 200 branches and which earlier this year claimed it was not the third… Source: Estate Agent News

Conquering Corona – portal offer, live events, mental health help

Hello and welcome to the latest edition of Conquering Corona, our daily update helping the industry cope with the current crisis. If you have appropriate advice to share with the industry, please email us on press@estateagenttoday.co.uk and we’ll let other agents and suppliers see it too. Firstly today there’s an offer by… Source: Estate Agent […]

Auction success shows property sector can still thrive – claim

Two auctions held behind closed doors have been deemed a success, and evidence that the property market can still function despite the lockdown. Savills has held its first ever remote-bidding-only auction, run by a single auctioneer supported by almost 30 staff working remotely connected using technology.  Over the course of the day… Source: Estate Agent […]

Agency marketing £22.5m home with virtual viewings

One of the country’s best known high-end independent estate agencies is marketing a home for £22.5m and hopes it finds a buyer through a virtual viewing. Beauchamp Estates in central London says 360-degree virtual viewings are possible on its entire range of homes for sale and rent.  In addition, it says, “for… Source: Estate Agent […]

“A Long Time Ago … In a Galaxy Far, Far Away…”

It seems an eternity ago but the housing market in February – that’s only last month – was in rude health according to data just released by the National Association of Estate Agents. Painting a picture that is far removed from today, just a few weeks later, the NAEA says that… Source: Estate Agent News

Purplebricks reveals massive cost-cutting measures to stay afloat

Purplebricks has this morning revealed what it calls “immediate and significant measures to preserve cash and implement a lean operating model” during the Coronavirus crisis. It says it has instituted a number of cost-saving measures, including reducing supplier costs and overheads, suspending all TV and radio advertising, and calling on the… Source: Estate Agent News

Conveyancers agree new rules for house moves during virus period

New guidance has just been agreed by conveyancers on house moves during the Coronavirus crisis. The procedures – made pubic only last evening – endorse government advice urging buyers and renters to delay, if possible, any move while measures are in place to fight Coronavirus. However, if a conveyancer’s client has already… Source: Estate Agent […]

Collapsed: how agency and portal shares have plunged up to 80%

The human cost of the Coronavirus crisis is growing and devastating, but behind that businesses are being badly hurt too. Many consider the corporates and the portals better able to withstand the current challenge but they, too, have been hit significantly. Here is a list of their share price collapse since the… Source: Estate Agent […]