Cedar House, Caen St, Braunton EX33 1AH

April 2021

Urgent warning to agencies over repayment of Coronavirus debt

There’s a new warning that the estate agency industry may be in a more fragile financial condition than before the pandemic, despite the buying frenzy of recent months. Insolvency specialist Business Rescue Expert claims the UK real estate sector - dominated by estate and lettings agents, consultants and suppliers, but not... Source: Estate Agent...

Agency Consolidation – Rival commuter belt brands join forces

Hertfordshire based agency Ashtons has acquired an independent agency operating in the same county, Aitchisons Residential. Aitchisons’ offices in St Albans and Berkhamsted will now join Ashtons’ existing branches in Harpenden, Redbourn, Welwyn Garden City and St Albans. Karl Judd, Ashtons managing director, says: “We are delighted to welcome some really...

The Homesearch portal 12 months on – the inside story

This time last year the industry was awaiting the launch of a new portal - the free to list public site proposed by data consultancy Homesearch. At the time Homesearch enjoyed a string of testimonials from supportive agents in an announcement saying it had secured more than 10,000 agents signing up... Source: Estate Agent...

Revealed – what buyers look for when viewing properties online

Online agency Strike has used specialist eye-tracking software to analyse what attracts a buyer’s attention when scrolling through homes online — and what aspects of home get missed, or even put viewers off.  The experiment was very small - it involved just three participants viewing four properties each - but the exercise... Source: Estate Agent...

Agents Do Charity – now, where are my Plus Fours?

Hello and welcome to Agents Do Charity as we are on the threshold of May why not get on to the golf course? Or get running? Or do that trek for charity?  Whatever you’re doing this spring and summer, please let us know if it involves raising money for good causes.... Source: Estate Agent...

New Property Tax – consultation begins on 'cladding' tax proposal

The government has launched a formal consultation process on a new residential property developer tax which is to contribute towards cladding repair work.  The proposed tax would apply only to developers’ profits over £25m - an idea first mooted in February as part of a £5 billion package to pay for... Source: Estate Agent...

Top Agency’s New Idea – selling houses is NOT the top priority

Britain’s second largest estate agency has outlined radical new plans to shift direction, making financial services and not sales or rentals its future primary activity.  LSL Property Services’ well known agency brands are Your Move and Reeds Rains across the country and the London-focussed Marsh & Parsons. But these are no longer... Source: Estate Agent...

New guidance to agents over Dual Fees and vendor dis-instruction

Agents are being advised on what course of action they should take to safeguard their right to fees should they be dis-instructed by a vendor. The Guild of Property Professionals says that in a competitive market like today's it is not uncommon for an agent to be dis-instructed by a vendor and... Source: Estate Agent...

Nicky Stevenson – how do we encourage more women into senior roles?

In this week’s In Conversation Today, I chat with Fine & Country UK’s managing director Nicky Stevenson, one of the most high-profile and senior female figures in the estate agency industry. There has been a big conversation of late – not just in property, but business and society more generally –... Source: Estate Agent...

Warren Buffett UK agency empire expands with historic acquisition

The UK affiliated agency of Warren Buffett’s global real estate company has acquired a historic independent company operating in prime central London. Berkshire Hathaway Homes Services Kay & Co has snapped up 163-year-old agency Marler & Marler, which has been operating from Sloane Street with a patch covering Knightsbridge, Kensington, South... Source: Estate Agent...

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