Cedar House, Caen St, Braunton EX33 1AH

News

Agents work just two-thirds of their maximum hours – claim

Figures drawn up by a property industry recruitment guru show that estate agents work only two thirds of the hours they could - and that’s sizeably less than solicitors, accountants and surveyors. Rayner Personnel says it’s settled on the figure after using a benchmark of the government’s working time directive, which... Source: Estate Agent...

Record figures for leads to agents, claims free-to-list portal

One of the growing number of free to list property portals, Residential People, claims a record-breaking number of sales and letting enquiries in August. The figures suggest it delivered 150,000 sales and lettings enquiries to its agents across the UK. Director Christopher May says: “We have been established for well over two... Source: Estate Agent...

PropTech Today – why do PropTech companies fail?

I was giving an interview this week for an upcoming conference - yet another to convert from a physical to a digital offering - and they asked me an interesting initial question about failure. Why do PropTech’s fail?  It made me reflect for a while before answering. It made me consider... Source: Estate Agent...

Agency behind Say No To Rightmove reveals High Street expansion

The regional agency group which master-minded the Say No To Rightmove campaign has made a big commitment to the future of High Street branches with a new 3,000 square foot office in a town centre. The Acorn Group, which also operates the John Payne and Langford Russell brands in London and... Source: Estate Agent...

Government claims credit for housing market boom

The government claims its stamp duty holiday has supported nearly 750,000 jobs thanks to the ripple effect in the economy. A statement from HM Treasury says house sales rose 15.6 per cent in August following the introduction of the stamp duty holiday, following a 14.5 per cent rise in July - partly, at... Source: Estate Agent...

Confirmed: Agents WILL have to wear masks in branch offices

Prime Minister Boris Johnson has announced that all retail staff will be obliged to wear masks when working - and it's now been confirmed that this applies to estate agency branches. Mark Hayward, chief executive of NAEA Propetymark, has this afternoon told the press: “We have asked the Ministry of Housing, Communities and... Source: Estate Agent...

Agents back Rightmove allegation of logjams in conveyancing

Two agencies have entered the debate on whether the current frenzied housing market is seeing delays in completions. Yesterday EAT reported that Rightmove had noted delays of around a month in the time now being taken from the acceptance of an offer by a vendor, and completion. This may jeopardise some... Source: Estate Agent...

Purplebricks and Foxtons lead share price falls amid Covid worries

Share prices for many quoted estate agencies and property portals fell in trading as fears grew about Coronavirus. London-focussed agency Foxtons was one of the larger fallers, down nine per cent to around 39p at the end of yesterday’s trading. A similar drop was suffered by Purplebricks, ending around 66p. Rightmove fell 5.8 per cent to...

Top agency emphasises importance of High Street branches

Connells Group has revealed seven appointments to its board of directors which it links directly with a target to grow presence and market share on the High Street. “These key appointments, each bringing with them tremendous value and their own unique experience, will allow us to meet our ambitious plans that build... Source: Estate Agent...

Most owners believe their house price is static or falling – survey

A survey of over 2,300 home owners across the UK suggests market sentiment is mixed, with most doubting house prices have risen. The survey was conducted just before this week’s warnings about the growing threat of a Coronavirus second wave. Only one in 11 owners believed their property had actually increased in value... Source: Estate Agent...

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