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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We’re ‘getting ready to change our pricing model’ says Purplebricks CEO
Purplebricks CEO Vic Darvey has confirmed on Sky news this lunchtime that the hybrid estate agency intends to change its pricing model and is preparing to test out several options with customers to see what ‘consumers think’. The company currently offers a £899 service excluding viewings which costs £1,399 in London payable either up-front or on completion. Brought on to the programme to talk about stamp duty and the damage it is doing to some parts of the property market, Darvey was also quizzed about his plans for the business, which he joined in May. Darvey said Purplebricks has gone ‘from nothing’ in a few years to being the largest estate agency in the UK and that he now wanted to pause its development and look at what needs doing next, and restated the agency’s oft-repeated claim that it will soon hold a 10% share of the house sales market. “We’re looking at evolving the pricing and will be in market with a series of tests and customers will tell us whether we’ve got that right or wrong,” he said. Stamp duty Darvey revealed research during the programme that only one in four homeowners believe Boris Johnson will follow-up on…
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Jordan Fishwick hits high spot on Deansgate, Manchester
Jordan Fishwick has opened its 11th Office on Deansgate in the heart of Manchester.
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Knight Frank reshuffles at the top after residential boss leaves
Following the departure of Andrew Hay as the company's global residential boss, his role has been split in two.
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Priestley’s expands during ‘crisis’ among peers
Priestley’s Estate Agency, established in 2010 in Yorkshire, has opened a third branch in Shipley, Bradford and aims to open two more in Harrogate and York in the next 12 months.
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Lettings agent ejects violent burglars while working from home
35-year-old Asif Ali from Lancashire hailed as hero after tackling three hooded men who broke into his family home.
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Rising star estate agency grows revenues by 62%
Increased revenues follow a successful expansion by estate agency Ascend into the build-to-rent sector and a new office in Leeds.
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Cheeky chalkboard outside Leaders branch attracts criticism
Estate agency is criticised by competing agents after sign is spotted by a passing proptech CEO and uploaded to LinkedIn.
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Two independent estate agencies snapped up by rivals on same day
121-year-old Seel & Co in Cardiff and five-year-old Forte Lettings in Exeter have both been sold to larger rivals for undisclosed sums.
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Exclusive: This is why Purplebricks failed in Australia, explains portal executive
A senior figure from the the country's property industry reveals in a video interview why he believes Purplebricks failed so spectacularly in Oz.
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Liquidators called in at troubled Merseyside estate agency
The most recent unaudited accounts for Loc8 Estate Agents Ltd show creditors could be owed more than £500,000.
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