• Cedar House, Caen St, Braunton EX33 1AH

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Huge shake-up of sellers’ information being considered

First details have emerged of the information vendors may have to provide up-front In future transactions if government house buying reforms are implemented – and they are nothing less than a revolution in how property details are prepared. Beth Rudolf, a leading member of the industry-wide Home Buying and Selling Group,… Source: Estate Agent News

Reservation Agreements: more details emerge of New Year trial

The Ministry of Housing, Communities and Local Government has given more details of the trial of reservation agreements likely to take place in the first quarter of 2020. At a conveyancers’ conference, a MHCLG representative said the test would be conducted in two regions of the country, not yet selected; the… Source: Estate Agent News

Thousands of potential sellers are holding back, claims Rightmove

The latest Rightmove asking price index indicates a smaller than usual autumn bounce – that’s a sign, the portal says, of thousands of would-be sellers waiting to see the outcome of Brexit.  Asking prices have seen their lowest monthly rise at this time of year since October 2008, up by 0.6… Source: Estate Agent News

Property Jobs Today – the latest jobs move across the industry

Hello, welcome to another Monday and the latest PJT. As ever, a brief reminder to please let us know your appointments new by emailing press@estateagenttoday.co.uk – then we’ll let the industry know. There’s a neat historical twist to the first appointment we discuss today.  Arthur Brown, the great great great great grandson of… Source: Estate […]

Purplebricks predicts hybrid agencies to take 30% market share

The chief executive of Purplebricks UK says the struggling hybrid agency is definitely not for sale, despite recent sales of stakes in the company. Vic Darvey – who earlier this year took over as chief executive after founder Michael Bruce left the company – made the defence of the company’s future… Source: Estate Agent News

Zoopla locks horns with OnTheMarket for new homes listings

Zoopla has unveiled new functionality that it claims will make searching for new homes easier for consumers – and resumes the battle for new build listings with OnTheMarket. The enhanced functionality delivers ”improved lead quality, heightened brand exposure and profiling for new build listings by housebuilders and developers” it adds. Beta testing… Source: Estate Agent […]

Big rise in London sellers slashing asking prices, admits agency

A London estate agency chain says It’s seen a 59 per cent surge in the number of its clients who have cut asking prices since the start of September in order to find a buyer. The agency, Chesterton, claims this appears to have had the desired effect with 23 per cent more… Source: Estate Agent News

EXCLUSIVE: New national agency recruitment ‘ahead of expectations’

A new national agency concept – eXp UK – has told Estate Agent Today that its recruitment schedule is running “well ahead of expectations”. eXp UK is an agency brand with roots in the US but an independent operation in the United Kingdom led by Adam Day, a veteran of three online estate… Source: Estate Agent News

Purplebricks in Canada – is it the agency’s secret success story?

Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the London Stock Exchange three years later and those abortive and failed over-expansions into Australia and the United States. In Britain the agency is now a lower profile and less arrogant… Source: Estate Agent News

Agency faced with £10,000 bill after vandal spray-paints the office

The police are looking for witnesses or anyone who can help identify the burglars accused of an extensive spray-paint attack on an agency office in Salisbury. Harding Estate Agents on Milford Street in the town was attacked sometime between 2am and 8am on Wednesday morning. An offender is believed to have pointed… Source: Estate Agent […]