Agencies & People
News covering the businesses, activities, people and personalities in estate agency and letting agency and wider residential property industry.
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New CEO at big hybrid estate agency following ‘restructure’
Current CEO Ben Taylor will become executive chairman of the hybrid estate agency and both positions will be effective from October 1, 2023.
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PAY: Estate agency sector ‘remains resilient despite challenging times’
Rayner Personnel Annual Property Sector Salary Report reveals employers are recognising the need to offer ever more attractive salary packages.
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Purplebricks ready to axe some 15% of workforce, it is reported
The agency's new owner Strike is said to be preparing to cut around 15% of the 695-strong workforce.
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Estate agency signs unusual deal with electric bike firm
Staff at the estate agency will be encouraged to swap their electric cars for Forest’s e-bikes to both conduct viewings and commute.
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Belvoir revenues rise as group outperforms market
CEO Dorian Gonsalves reports the Group’s property division saw a 4% increase in core management service fees, with strong lettings performance offsetting a decline in property sales.
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Economic turmoil hammering commercial property, agents warned
The commercial estate agency market peaked in 2019 when revenue hit £7.3 billion but then the pandemic struck, shrinking the sector.
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Estate agency gives tribute to ‘true inspiration’ founder who lost battle with cancer
Lucy Thompson was a founding director at Reality Estate Agents in Norwich but, after an initial diagnosis in 2018, succumbed to the disease last month.
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Foxtons finally feels the ‘Gittins gold’ as profits surge 10%
London agency has left the days of terrible results behind it as recently-installed CEO says his strategies are working.
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‘We aren’t paid enough and we’ll be off soon’ agents tell poll
A survey of property professionals reveals most believe they should be paid more, and are considering a move within a year.
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Former Keller Williams agent leads Nested’s UK expansion
The move North comes after Nested announced its partnership model in February which sees partner agents receive at least 75% of the selling fee as commission.
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