• Cedar House, Caen St, Braunton EX33 1AH

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Rightmove and Zoopla unveil offers for agents

The two major portals have unveiled their discounts and deals for agents facing a dramatic loss of business because of the Coronavirus. In a surprise announcement this morning, Rightmove revealed it would slash its charges to agents by 75 per cent for four months.  The portal has also apologised for getting it… Source: Estate Agent […]

Foxtons warns it will take “all necessary steps” to keep business afloat

In an ominous and unexpected trading statement this morning, Foxtons says it will take “all necessary steps” to remain in business. It says that while the impact of the Coronavirus outbreak is still too early to evaluate there is now a “significantly weakened economic outlook” for the country as a whole… Source: Estate Agent News

Pressure grows on Zoopla while more agents quit Rightmove

Agent disenchantment with the major portals has continued as a torrid week nears its end. The spotlight has now shifted to Zoopla which – unlike Rightmove and OnTheMarket – has so far failed to offer any concession at all to hard-pressed agents.  This morning it's been revealed that so far some 250… Source: Estate Agent […]

Warning that agents are being “bled dry” by portals

A free-to-list property portal is warning the estate agency industry that it’s facing “dark days” thanks to the Coronavirus crisis and that it’s being “bled dry” by some firms. Residential People says the industry needs to embrace change, chiefly through technology, if it’s to continue generating leads as the UK locks… Source: Estate Agent News

Corona legal Q&A, market tracker and how one agency is handling it…

Hello – here we are with Friday’s help and advice.  A reminder, if you need it, that we want to share your advice – as well as ongoing official guidance of course – with the rest of the industry. So please email us appropriate information on press@estateagenttoday.co.uk. First off today we have… Source: Estate Agent […]

Artificial Intelligence to recruit estate agents? Forget it…

The head of the longest-established agency personnel consultancy in the UK says caution should be exercised over the use of Artificial Intelligence in recruitment processes.  Property Personnel managing director Anthony Hesse thinks that estate agency should never forget that it is primarily a people business, and technology would have stark weaknesses… Source: Estate Agent News

Property Ombudsman conference is latest casualty of Coronavirus

The Property Ombudsman has announced that it will postpone its annual conference, which was to have been on June 18, until next year.  In its place, TPO will be holding a Rightmove Webinar on the same morning. Katrine Sporle, who retires as TPO later this year, says: “Given the circumstances affecting us… Source: Estate Agent […]

Amazing Agents Do Charity – even at this most difficult of times…

Industry…we salute you. We thought we may have no good deeds to pass on to readers this week because of the virus challenge, but you have proved us wrong. If you’re still attempting to raise funds, in perhaps ever-more innovative ways for the next few months, please let us know on… Source: Estate Agent News