Cedar House, Caen St, Braunton EX33 1AH

June 2020

Purplebricks critic launches “agent-friendly” PropTech platform

A former City analyst best known for his scathing criticisms of Purplebricks has launched a PropTech platform that he describes as “agent-friendly” and focussing on buyers and sellers having more information to fuel their decisions. There will also be a series of digital tools for consumers to manage their sale or... Source: Estate Agent...

Shareholder ‘mini-revolt’ over Countrywide’s top brass pay

There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No details have been made available other than the percentages of shareholders who backed different motions at the AGM, which had to be held virtually because of the Coronavirus. However, while... Source: Estate Agent...

Agency regulation: still no government action, one year on

The recommendations to regulate and train the estate agency industry put forward a year ago remain on the Housing Secretary’s desk - with no answer as to when or if the controversial proposals will be implemented. The Regulation of Property Agents’ working group, led by Lord Best, made public its recommendations... Source: Estate Agent...

220,000 London homes owned by Chinese: more to come, say agents

Government figures show the 218,975 properties within Greater London have Chinese owners - and two agents say there will be more to come.  The hard data comes from the Office for National Statistics which says 98,725 are owned by Hong Kongers and 120,250 by mainland Chinese owners.  The ONS adds that in... Source: Estate Agent...

Purplebricks director stands down after two years

One of the key members of the Purplebricks board has stood down after two years. Andreas Wiele joined the Purplebricks board in 2018 as a representative of the German-based Axel Springer, one of Europe’s largest digital publishing companies. Wiele joined as Springer invested some £125m in the company in spring 2018, including... Source: Estate Agent...

Over 50 jobs lost as agency collapses into administration

Over 50 jobs have been lost as a result of a Midlands regional estate agency falling into administration. The Shropshire Star reports that 54 positions have gone at the 49-year-old Andrew Grant agency, which has closed its offices at Ludlow, Kidderminster. Stourbridge, Bromsgrove and Worcester. Last week Estate Agent Today reported on a... Source: Estate Agent...

£41,000 award for agent discriminated against because of pregnancy

An estate agent has been awarded over £41,000 by an employment tribunal - after her offer to settle for £10,000 was rejected by her former employer. The Cornwall Live website carries a lengthy story of how Kelly Bosch from Newquay won the payout after it was ruled that her former employer... Source: Estate Agent...

Virus made us abandon branches for hubs, says agency

A regional agency in the east of England says the Coronavirus lockdown working environment has made it rethink its structure - and traditional offices are being abandoned in favour of a smaller number of ‘hubs’. The Arnold Keys agency has told local media in the area that it is “transitioning” to... Source: Estate Agent...

Industry guru reveals Britain's only truly 'different' agency brand

A brand and marketing strategic who also ran one of the country’s most successful lettings agencies for a decade has said that Foxtons is one of the very few truly differentiated brands in the property industry. Dan Channer - former managing director of Finders Keepers prior to its acquisition by Countrywide... Source: Estate Agent...

Tragedy as property industry titan dies suddenly

One of the highest profile and most widely respected figures in the British property industry has died suddenly. He was 72. Tony Pidgley, who started Berkeley Homes 46 years ago and was still working full time as executive chairman of the company, died on Friday. If ever there was a rags to... Source: Estate Agent...

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