Cedar House, Caen St, Braunton EX33 1AH

2020

Countrywide's future uncertain as shareholders reject Connells bid

Countrywide has this morning rejected an £80m offer made for it by Connells Group. On November 23 Connells announced that its due diligence work on Countrywide had been completed, and confirmed that its offer price was 250p per share for Countrywide.  The making of a firm offer was dependent on the recommendation... Source: Estate Agent...

Michael Bruce bats away accusation of “bullying tactics”

Purplebricks founder Michael Bruce has batted away a stinging attack on him made by allAgents, a review website. allAgents has set up a profile for users to leave reviews of the new portal Boomin, which launches shortly and which was also founded by Michael Bruce and his brother Kenny. But the website’s... Source: Estate Agent...

Boomin wants founder agents on boards leading the portal

Upcoming portal Boomin has written to its founder agents inviting one of them to take up a seat on the main board; three other founder agents will be on a key business development board with a focus on keeping customers on side. The successful candidate for the main board will be... Source: Estate Agent...

PropTech Today: Weak leadership threatens innovation

After you. No, after you. That is often how innovation seems amongst the real estate elite. And this week I see it in the statistics too and it saddens me. Where has all the innovation gone? Where have the ‘crazy ones’ gone who are willing to lead and not just follow... Source: Estate Agent...

NAEA chief delays retirement to help restructure Propertymark

Mark Hayward, who was scheduled to retire at the end of this month, is to stay on at NAEA Propertymark as chief policy advisor.  Hayward has been chief executive of the NAEA for seven years, having previously been a board member and board chairman for four years. Working alongside the former ARLA... Source: Estate Agent...

Your Christmas office pics – two crackers start the festive season

We’re off and running with our annual showcase of the decorations and festivities in agency branches and for those working from home this Christmas season. Please send in your videos and photographs (of offices, mascots, Christmas jumpers and even Yuletide ice coverings) to press@estateagenttoday.co.uk. Between now and December 24 we’ll show... Source: Estate Agent...

Housing market defies gravity as prices now hit five year high

Annual house price inflation is now running at 6.5 per cent according to the latest Nationwide index after a 0.9 per cent rise in November alone. With high demand and the stamp duty holiday still showing strong momentum, the Nationwide figures come on top of property transactions rising to 105,600 in... Source: Estate Agent...

Lessons for estate agents from Sir Philip Green’s fall from grace

One of the hybrid agency sector’s leading agents says there are key lessons our industry can learn from the collapse of Sir Philip Green’s Arcadia group. Topshop, Burton and Dorothy Perkins owner Arcadia fell into administration overnight, putting 13,000 jobs at risk. In a four-minute read exclusively available on Estate Agent Today, EweMove’s... Source: Estate...

Boom still not over as mortgage approvals hit 13-year high

The housing market may be slowing as we enter December but the latest snapshot suggests there’s still momentum with mortgage approvals at a 13 year high. According to the Bank of England’s Money and Credit report, secured borrowing was an additional £4.3 billion in October - a figure that tops the... Source: Estate Agent...

Backer of self-employed agent model admits: ‘There are risks’

One of the biggest supporters of the self employed estate agent business model admits there are risks and it’s not for everyone. Nicky Stevenson, managing director of Fine & Country UK, says the pandemic and this year’s better-than-expected housing market will lead many agents to rethink their goals this winter. But she... Source: Estate Agent...

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