• Cedar House, Caen St, Braunton EX33 1AH

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Countrywide senior staff have pay cut as 78% of workforce furloughed

Countrywide’s senior staff earning over £45,000 per year have had their pay cut by a fifth while some 78 per cent of the workforce have been furloughed according to an announcement by the company this morning. An unscheduled trading statement issued this morning at around 8am revealed that the chairman and… Source: Estate Agent News

Say No To Rightmove launches social media recruitment drive

The Say No To Rightmove campaign has started buying social media advertising space in a bid to recruit agents. In a ‘promoted’ tweet on Twitter, funnelled towards those who regularly view estate agency-related subjects, SNTR says:  “Our campaign relies on your support and we’ve got our sights on the next membership milestone of… Source: Estate Agent […]

New ‘lockdown portal’ uses Google and Facebook to find buyers

The Haart estate agency chain has launched a portal called Off Market which it describes to sellers as being “a unique strategy to find you a buyer during lockdown.” Haart says the portal uses social media technology called FLINK to allow vendors to meet their agent and prospective buyer virtually and… Source: Estate Agent News

Stamp duty holiday essential to kick-start market, says top consumer body

A major consumer survey of existing home owners and potential movers has resulted in a plea to government to allow house moves to resume – and to introduce a 12 month stamp duty holiday when the time is right. The HomeOwners Alliance, which undertakes an annual survey into the housing market… Source: Estate Agent News

How have your teams kept up morale during lockdown?

Lockdown may be over soon – but who knows what a relaxation of the current restrictions will really mean for our industry across most of the UK? The past weeks have been stressful for everyone but we want to celebrate the determination and team spirit of the industry by sharing information… Source: Estate Agent News

Agents ‘accused’ in national paper all abided by social distancing

The Mail Online is running a story on estate agents allegedly breaking the lockdown by conducting physical viewings in recent weeks – although the details suggest they were all sticking by social distancing rules. The lockdown has been interpreted by most of the industry as meaning physical viewings can’t be conducted… Source: Estate Agent News

New guidance for removals could mean housing market back in action

The government of one part of the British Isles has produced guidelines for removal firms. Until now, house moving in an era of social distancing has proven a problem for the wider house sales industry but the government on the Channel island of Guernsey claims it has cracked it. Guernsey estate agents were… Source: Estate Agent […]

Rightmove could be FREE to agents and still make money – claim

Rightmove, Zoopla and even OnTheMarket could make money even if they did not charge agents anything at all to list properties. That’s the view of the head of the Say No To Rightmove campaign, Acorn group chief Rob Sargent. In an interview with the investment bank Jefferies, notes of which are… Source: Estate Agent News

Vendors may have to estimate CGT on sales under new rule

A property tax specialist is warning that sellers of buy to lets or holiday homes may have to estimate their own Capital Gains Tax liability under a new government rule. Andrew Goldstone, a partner in the London-based property legal company Mishcon de Reya, says this may happen if the timing of… Source: Estate Agent News

Lockdown Losses – three attempts to quantify cost of crisis to agents

Business consultancy TwentyCi is the latest to try to put a value on the potential losses to the property industry and national economy in the current lockdown. It claims that those moving house in a typical year are worth some £50 billion in spending, equivalent to some 2.4 per cent of… Source: Estate Agent News