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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EXCLUSIVE: Agents’ Mutual and Gascoigne Halman return to court to fight it out again
Agents’ Mutual and estate agent Gascoigne Halman are to lock horns once more in the courts in two week’s time, The Negotiator can reveal. The Court of Appeal has disclosed that the two sides are due in court on November 27th for a three day hearing after Gascoigne Halman, which is owned by Connells, was given leave to challenge the original Competition Appeal Tribunal adjudication which took place in July last year. That found that Agents’ Mutual, which since the court case has become a wholly-owned subsidiary of OnTheMarket plc, was entirely legal in its pursuit of a then strictly enforced ‘one other portal rule’ which has since been dropped, and also its exclusion of online-only and hybrid agents and its listings’ ‘exclusivity’. The three judges also did not find that Agents’ Mutual had pursued any kind of concerted ‘boycott’ of Zoopla, as had been suggested during the original 10-day hearing. Agents’ Mutual “In July 2017, judgement was handed down by the Competition Appeal Tribunal in favour of Agents’ Mutual and against Gascoigne Halman Limited on all competition issues; the One Other Portal rule was upheld as lawful and enforceable and Agents’ Mutual was awarded £1.2m as an interim payment towards…
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Estate agency branch closures accelerating, high street report reveals
Read how the number of estate agency branches closing has accelerated during the first six months of the year, research by LDC reveals.
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Hybrid agency Yopa overtakes Savills and Foxtons by listings size
Read how hybrid estate agent Yopa says Rightmove listings data shows it has overtaken both Savills, which has helped fund it, and Foxtons.
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Home buying agency and concierge firm Quintessentially branches out
Read how luxury property sales and lifestyle management firm Quintessentially has opened its first high street style branch in central London.
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Leading London agent Portico signs up to OnTheMarket
Firm to now list with all three portals and says it "wants to see where this new partnership takes us".
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Purplebricks reveals double-digit growth in UK revenue and instructions
Read how leading hybrid estate agent Purplebricks has reported a strong first six months of the year and expects to his group revenue targets this year.
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Two key eMoov directors resign from company six months after joining
Read how senior figures from Northern & Shell who joined board of Emoov in May have now resigned as the hybrid agency searches for new financing.
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Home buyers flock to unusual pop-up estate agent
Read how a new estate agent branch in Nottingham has caused a stir among local bird watchers after being endorsed by Dragon's Den TV star.
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Letting agency featured on Channel 4 documentary expelled by ombudsman
Read how a Manchester letting agency that featured within a Channel 4 documentary has now been expelled by TPO for non payment of an award.
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