• Cedar House, Caen St, Braunton EX33 1AH

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Portals Say No! They reject agents' plea for virus payment holiday

The three leading portals have rejected an appeal to give the industry a payment holiday to help firms through the Coronavirus crisis. Estate Agent Today was approached yesterday morning by three independent agents exasperated about the prospect of sharply reduced revenue as a result of Coronavirus, which may well stretch over… Source: Estate Agent News

OnTheMarket settles long-standing dispute with Connells

A long-standing legal dispute between OnTheMarket and the Gascogne Halman and Connells agencies has been settled. No details have been released but in a brief statement this morning OTM announced:  “OnTheMarket plc, the agent-backed company which operates the OnTheMarket.com property portal, is pleased to announce that an agreed out of court settlement has… Source: Estate Agent […]

Investors in Purplebricks and Countrywide take fright over virus

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some of the more controversial players – especially Countrywide and Purplebricks – leading the falls. At close of business yesterday late afternoon, this was the picture: Countrywide, 175.0p, down 24.05% Purplebricks, 53.5p, down… Source: Estate […]

Viewings hit by the virus? Agents offered unique ‘virtual alternative’

A Spanish housebuilder’s bespoke system to allow prospective buyers to view properties without visiting is being offered to the UK agency market. AEDAS Homes has developed bespoke technology to help sell new-builds to international buyers, and says it could appeal to UK agents during the Coronavirus crisis. One London estate agent, Jeremy… Source: Estate Agent […]

Guild agents to be advised on running businesses remotely

The Guild of Property Professionals is to give guidance to agents on how to run their businesses remotely.  Chief executive Iain McKenzie will provide the guidance on a Facebook Live session next Tuesday, March 17, on the Guild’s closed Facebook Group, which is open to members only. The guidance will cover general… Source: Estate Agent […]

Independent agency bought by two of its branch managers

A Somerset agency with three offices has changed ownership – but remains an independent. Gibbins Richards has offices in Taunton, Bridgwater and Wellington; these have now been bought by Ben Grant and Nick Girone-Maddocks, who were respectively managers of the Bridgwater and Wellington operations. They have purchased it from previous directors Mark… Source: Estate Agent […]

Agents Do Charity – fund-raising continues despite the challenge

Welcome to the weekly salute for agents and others in the industry fund-raising for good causes – and we know that this is becoming increasingly difficult at the moment. We’d love to support your efforts so please drop us a line at press@estateagenttoday.co.uk and we’ll do the rest. Let’s start this week… Source: Estate Agent […]