• 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 […]