Cedar House, Caen St, Braunton EX33 1AH

13th October 2020

Big revenue rise for OnTheMarket but agent numbers stalling

OnTheMarket’s latest trading update shows a significant rise in revenue but agency branch membership numbers stalling. Revenue was up 28 per cent in the first half of the portal’s trading year, ending late July, despite Covid-related discounts to agencies and the obvious difficulties during lockdown. However, agency numbers at the end of... Source: Estate Agent...

Homes can sell two months quicker, claims 'intermediary' platform

A platform which signs up vendors and allocates their sale to a high-performing local agent says it sells property two months quicker than the traditional agency model. Movewise - which launched two years ago under the name BestBid - does not sell homes directly but signs up vendors.  It then analyses local... Source: Estate Agent...

Agencies open offices out-of-town – a sign of the times?

Two agencies have announced the opening of offices in out-of-town-centre locations with easy parking. In Loughborough, well-known local agency Andrew Granger & Co has moved from the High Street after 25 years.  “As a business we’re always planning and looking ahead, and while none of us were obviously anticipating Covid-19, prior to... Source: Estate Agent...

New agency software provider launching with ambitious claims

A new Proptech platform is launching next month with claims it will “up-end the way agents do business” and that it will be “dragging industry software forward by decades overnight.” Called Street it has been three years in the making and claims to be “a multi-million pound platform” co-founded by brother and... Source: Estate Agent...

Prices up in Prime Central London but recovery is fragile – warning

It’s not a big rise, but price growth has returned to the Prime Central London sales market for the first time since February this year. Knight Frank says the 0.2 per cent rise in prices recorded in the third quarter of 2020 was in fact the same figure recorded during the... Source: Estate Agent...

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