• Cedar House, Caen St, Braunton EX33 1AH

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At least three Countrywide brands thought to be closing branches

It appears that at least three Countrywide brands are undergoing branch closures as the company’s cuts continue to bite. Estate Agent Today yesterday evening put to Countrywide that it had heard of closures of offices amongst the Stratton Creber, King & Chasemore and Taylors brands serving the south and west of… Source: Estate Agent News

Traditional agents are good value say sellers, but deals take too long

Traditional High Street estate agents have been given the thumbs up by sellers in a new survey of over 5,000 vendors who have sold their homes in the past 12 months. The study, conducted by GetAgent, shows that of those sellers who used a traditional agent, 69 per cent felt the… Source: Estate Agent News

Banned: homes at centre of Crime Agency probe cannot be sold

Three ultra-high-value London properties cannot be sold while a money laundering investigation continues. The houses have not been identified but were most recently purchased for over £80m each and are held by offshore companies.  They are subject to three Unexplained Wealth Orders issued as part of a National Crime Agency investigation into… Source: Estate Agent […]

Long-standing London independent agency rebrands to franchise network

A London independent agency has joined the franchise network of Hunters. Regent 2000 Properties, which operates in Camden Town, is seeing its office rebranded at Hunters – there are already nearby Hunters branches in West Hampstead, Stoke Newington and Tottenham. Hunters, which opened its first office in York in 1992 and its… Source: Estate Agent […]

Agents Do Charity – wining, dining, dressing up and cleaning the mud off…

Hello – it’s that time of the week again when we celebrate the agency industry’s fantastic fund-raising. We were delighted that our Agents Do Charity feature every Friday was mentioned as one of the elements of Estate Agent Today that contributed to it winning the title of Trade Magazine of the… Source: Estate Agent News

Countrywide: share price sinks, closure and sell-off rumours swirl

Rumours continue to circulate about possible large-scale branch closures at Countrywide; its share price ended trading today at its lowest ever level. During the day Estate Agent Today was made aware of imminent or actual branch closures amongst the Stratton Creber, King & Chasemore and Taylors brands. These operate in different parts of the… Source: Estate Agent News

Countrywide’s biggest critic says: “Here’s my plan to save the firm”

Countrywide’s shares took another battering yesterday as they plummeted below the psychologically-painful 5p mark – reflecting a 95 per cent loss of value in a year. As the market punished the company yet again with a closing share price of just 4.9p, long-standing critic Russell Quirk – former chief executive of collapsed online… Source: Estate Agent News

New ‘tech solutions group’ for agents unveils high-profile suppliers

The Innovative Collaboration Group – a collection of high-profile tech suppliers to the agency industry – has unveiled a raft of new members. The ICG was set up in March, consisting of a number of well known PropTech and other suppliers, all of which could have their key services integrated with Reapit… Source: Estate Agent News

Free-to-list portal says key USP is attracting foreign buyers to UK

A recently-launched free-to-list portal says it’s uniquely positioned to attract overseas buyers and investors interested in purchasing in major UK cities. Residential People – launched in March and now with an estimated 200,000-plus listings from over 1,600 agents based in the UK, UAE, South Africa and India – says this international… Source: Estate Agent News

Conveyancer consolidation means 200 firms control 39% of house moves

Just 200 conveyancing firms control over 39 per cent of the market in England and Wales, wielding significant power over customers, agents and others in the moving chain. Figures from Search Acumen show that the number of active conveyancing firms in England and Wales has dropped below 4,000 for the first… Source: Estate Agent News