• Cedar House, Caen St, Braunton EX33 1AH

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Each Purplebricks customer costs £375 for agency to acquire

A leading analyst says Purplebricks has clearly plateaued and will not reach its own target of a 10 per cent market share. Mike DelPrete – former head of strategy at the portal Trade Me in New Zealand and a long-standing analyst of portals and online estate agencies in the UK, the United States… Source: Estate Agent News

Election result has led to market turnaround says Savills

Savills says the decisive General Election result appears to have suddenly turned the market around and gave “a strong close to the year as confidence to transact returned.” In a trading statement ahead of its full year results in March, the company – which has a significant majority of its activities… Source: Estate Agent News

‘Purplebricks rival’ aims to recruit 25 agents in next 18 months

A hybrid estate agency which set a target of rivalling Purplebricks when it launched says it aims to recruit 25 agents in the next 18 months. Hortons, set up in 2017, has won a six-figure cash injection from private investment syndicate Dunelm Partners to help achieve its goal.  Adam Horton, founder and managing… Source: Estate Agent […]

Stamp Duty sell-out? Agents doubt Chancellor will reform tax

A survey of readers of Estate Agent Today suggest that the majority believe the Chancellor will fail to honour a pledge to reform stamp duty in the Budget on March 11. The poll of over 580, who were asked the question ‘Will the Chancellor really reform stamp duty?’, found 53 per… Source: Estate Agent News

New buying agency launches as London market shows recovery

A new buying agency has launched, aimed at well-heeled purchasers and sellers.  Called Xander Prime it says it is “acting on behalf of individuals looking for premium service with complete discretion and anonymity.”  And while the company is based in London, it says its jobs is “sourcing the best prime residential property… Source: Estate Agent […]