Cedar House, Caen St, Braunton EX33 1AH

News

Rightmove reveals how much money it makes from agents

Rightmove has revealed its figures for the full year 2020 - down in terms of profit and revenue because of the impact of the pandemic, but flying high as the market recovered.  One of the key figures for agents is how much money the portal makes from each member - this is... Source: Estate Agent...

Boomin blasts Rightmove as bleak, broken and bloated

An open letter from Boomin chief executive Michael Bruce shows how fierce the competition is going to be in the portal field in the months and years to come. Just hours before Rightmove delivers its annual figures for 2020, Bruce has slammed the number one portal as overpriced, lazy and treating its agent... Source: Estate Agent...

Every Stamp Duty cliff-edge fall-through costs an agent over £4,000

New research from Propertymark suggests a typical fall through costs an agent £4,123.  The association says that if the stamp duty holiday - set to be extended by three months until late June - ends in a cliff edge at that time, many agents will suffer “a huge financial loss.” The estimated... Source: Estate Agent...

Independent agents’ group reveals entry criteria for new members

The Federation of Independent Agents has released details of the entry criteria for agencies interested in joining the growing group. “We’re already recognised by the quality of our members and we continue to attract interest from a wide range of agents, from the new self-employed models all the way through to... Source: Estate Agent...

Hundreds of agents sign up to free virtual viewings service

Zoopla says over 250 agents have now signed up to its partnership deal with PropTech firm FocalAgent, set up by former Purplebricks UK chief executive Lee Wainwright.  The partnership, launched last October, provides Zoopla agents with free access to FocalAgent’s virtual viewing technology. Alongside this, agents are encouraged to buy into... Source: Estate Agent...

Agents Do Charity…as we can see a roadmap to freedom…

Hello, welcome to our latest charity roundup, and as the weather improves and the vaccine roll-out lifts the spirits, so we have a larger than usual collection of great news today. If you’re fund-raising, please let us know: just email press@estateagenttoday.co.uk. Thank you! GAP Project: Claire Meyer, director of Meyers Estate Agents,... Source: Estate Agent...

Bad Idea? Stamp Duty Holiday extension could backfire…

A prominent conveyancer has hit out at the extension to the stamp duty holiday, which is now ending in late June and not on March 30. “The latest estimates are that 70,000 to 100,000 home buyers will miss the March 31 deadline … This is obviously terrible news for those affected, but... Source: Estate Agent...

Agents’ delight as stamp duty extension helps another 300,000 deals

Much of the agency industry has reacted with delight at the extension of the stamp duty holiday deadline until June. Rightmove estimates an additional 300,000 property transactions in England could benefit from the extension to the tax saving, based on previous HMRC data. If the additional 300,000 transactions made it through, buyers could... Source: Estate Agent...

Reapit deal set to bring Australian PropTech to UK agents

CRM supplier Reapit, backed by private equity funding, has entered into an international deal to acquire a leading Australian PropTech provider - and it might bring new services to the UK too. Agentpoint PTY Limited is the largest provider of retail estate agent websites and lead generation technology in Australia and... Source: Estate Agent...

Conveyancers call for less aggression in house buying process

A conveyancing trade publication wants those involved in residential transactions to be kind to each other - especially as the stamp duty holiday adds to the pressure. Today’s Conveyancer says increasing numbers of conveyancers have taken to social media to talk about the pressure they are under. One has been Molly James, conveyancer... Source: Estate Agent...

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