• Cedar House, Caen St, Braunton EX33 1AH

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Purplebricks claims it sells three times more than next biggest agent

Purplebricks claims it actually sells – not just lists – three times more than the UK’s next largest estate agency.  The claim is made via a passing reference in a statement about its sponsorship of Team GB at the 2020 Tokyo Olympics.  After explaining that the agency was changing Sold signs into… Source: Estate Agent […]

Foxtons Fat Cats: new bonus policy created after shareholders’ revolt

Troubled London estate agency Foxtons says it has rewritten its remuneration policy for its senior management following a shareholder revolt at its AGM. Back in May the annual statement regarding remuneration of senior management provoked a furious debate at the AGM and it passed with only 78.37 per cent of shareholders… Source: Estate Agent News

Sales held up as more searches miss 10 day deadline

A PropTech company that monitors search times for transactions says only just over two thirds of them are now completed in the government’s 10 day guidelines period. ViewMyChain, a service that offers all parties to a chain the opportunity to view transaction progress through a series of milestones registered online, says… Source: Estate Agent News

White-label online agency platform now offers mortgage service too

love2move, an online network which allows high street agents to offer a white-labelled hybrid service, has teamed up with the Mortgage Advice Bureau. The love2move service partners with existing traditional agencies and allows sellers to manage large parts of the process themselves with the option of upgrading to the full High… Source: Estate Agent News

Brexit and Election mean no market improvement until next year

This morning’s new market snapshot from the Royal Institution of Chartered Surveyors confirms the worst – that the market is in a ‘holding pattern’ thanks to Brexit and the General Election, with no relief expected until next year. In terms of quick headlines, new buyer enquiries, sales and new instructions are… Source: Estate Agent News

PropTech takes centre stage at industry conference next week

Technology forms the backbone of the Relocation Agent Network National Conference and Exhibition in London on November 22.  The event will include keynote speakers, interactive workshops and a trade exhibition.  In the evening a black tie awards dinner will be hosted by BBC newsreader Huw Edwards, who next month will chair the… Source: Estate Agent […]

Online agency removes Trustpilot and Google reviews after complaint

Fledgling online estate agency Emoov – now owned by PropTech firm Mashroom – has removed reviews and endorsements from its website that actually related to the service when it was owned by another company.  Emoov, set up and led by industry controversialist Russell Quirk until it entered administration in late 2018,… Source: Estate Agent News

Rightmove in the clear over amazing claim made in advertisement

Rightmove has been given the green light to continue using the claim that “every second someone contacts an estate agent about a home on Rightmove.” The endorsement comes from the Advertising Standards Authority which received three complaints about posters seen on the London Undergound earlier this year. The first poster, seen on May… Source: Estate Agent […]

PropTech Today: increased tech awareness – data remains a weak link

KPMG published its Global PropTech Survey 2019 last week with the title: Is your digital future in the right hands? Interesting question: is it referring to the people real estate firms have appointed to lead their digital transformation? Or is it talking about the tech companies that real estate is entrusting… Source: Estate Agent News

Agent recruitment: experience isn’t key, says personnel guru

The head of the UK’s longest-established agency recruitment consultancy says experience and qualifications are not key when looking for new staff. Property Personnel managing director Anthony Hesse says agencies limiting their search criteria risk missing out on the best recruits. “When an agency calls us looking for a sales negotiator, they nearly… Source: Estate Agent […]