Cedar House, Caen St, Braunton EX33 1AH

8th April 2021

Agency chief executive forsakes £1m in bonuses during Covid

The annual report of a major estate agency has revealed that its chief executive took two large cuts to bonus payments last year, as part of Covid cutbacks. Mark Ridley, chief executive of Savills, had a total remuneration in 2019 of £2,144,035; but in 2020 that fell to £1,203,087. Ridley’s headline salary... Source: Estate Agent...

Exchanges hit 10 year high with market frenzy set to continue

Data from agency Knight Frank suggests the number of UK exchanges last month was the highest in 10 years - well above even the late 2020 previous peak.  The figure for March 2021 was nine per cent above the second-highest month - December 2020 - and 12 per cent higher than March... Source: Estate Agent...

Major agency signs two year extension with Zoopla

With increasing numbers of portals battling for membership and revenue, Zoopla has revealed that all Carter Jonas’ residential branches will list until at least April 2023. According to a statement from the portal, the contract extension follows a 40 per cent year on year increase in Carter Jonas’ average lead volumes generated... Source: Estate Agent...

Mayfair-based agency opens high-end countryside office

Boutique estate agency D S Churchill is to open a countryside office serving the Cotwolds, Oxfordshire and surrounding counties. D S Churchill was set up back in 2003 by Dominic Spencer-Churchill and has its base close to Hyde Park. It describes itself as specialising in buying, selling, lettings, property investment and... Source: Estate Agent...

Detached property price rises outstrip rest of market, says agency

An agency has analysed sold prices since the first lockdown in March 2020 and February this year - and has found detached houses have outstripped the rest of the market.  Across England the average price paid for a detached house has increased from £349,995 to £375,000 since the start of the... Source: Estate Agent...

Free to list portal insists it’s biggest challenger to Big Three

A portal says it’s the most significant challenger to the Big Three of Rightmove, Zoopla and OnTheMarket. OneDome says it bases this on its lead generation record and the growth in visits in March to its two sites - OneDome and Nethouseprices. Visits rose to a record 2.9m last month, up from... Source: Estate Agent...

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