• Cedar House, Caen St, Braunton EX33 1AH

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Purplebricks market share and revenue drop sharply – new analysis

The market share for all online agents fell sharply in the period up to the start of the pandemic according to new research – with Purplebricks a big loser. The data comes from the agency comparison service GetAgent, compiled from an analysis of major portals cross-referenced with Land Registry and other information. GetAgent… Source: Estate Agent […]

Let Sales Resume! Pressure piles on government from agents and suppliers

Three of the highest profile industry suppliers and house moving services have given government a four-step plan to restart the housing market and let people buy and sell once again.  Landmark Information Group, Mortgage Advice Bureau and Simplify – who each provide different services to home buyers and sellers as well… Source: Estate Agent News

Shareholders say yes to Rightmove despite ongoing agency criticism

Rightmove’s shareholders appear to have been generally unmoved by the string of protests against the portal in recent weeks. At the portal’s AGM yesterday – held behind closed doors because of the Coronavirus lockdown – all 21 resolutions were passed, and all with thumping majorities. The lowest proportion of votes in favour… Source: Estate Agent […]

Mortgage demand rises as market sees light at the end of the tunnel

The demand for mortgages in April was scarcely a quarter of what it was in March – but the figures show that there’s been an increase each week since Easter suggesting there’s light at the end of the lockdown tunnel. Technology company Twenty7Tec analyses mortgage statistics and shows that for the… Source: Estate Agent News

Virtual Viewings here to stay even after lockdown – PropTech chief

Virtual viewings are here to stay and will continue long after lockdown eases according to the head of a PropTech group. Babek Ismayil, founder and chief executive of the OneDome Group – which operates the free to list OneDome and Nethouseprices portals – says the use of virtual viewings during the… Source: Estate Agent News

Keeping leads engaged is subject of first Zoopla Skills Session

Zoopla is launching a series of Skills Sessions to support agents through the Coronavirus crisis.  The sessions are free to join and will be open to all of the portal’s customers.  Non-customers can view the sessions afterwards via the portal’s industry hub, Zoopla Advantage. Andy Marshall, the company’s chief commercial officer, says: “Agents… Source: Estate […]

New-build buyers failing to complete on time ‘may risk legal action’

There could be a wave of legal disputes as off-plan buyers seek to get out of purchase deals after the lockdown – and some developers are already pondering action against buyers who have ‘gone cold’. Law firm Boodle Hatfield says the impact of the lockdown on the housing market may push… Source: Estate Agent News