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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House prices in London continue nosediving as Midlands and North rise
Latest Rightmove House Price Index reveals continued tumult in market as high house price frighten off buyers in London and South, but buyers bid higher elsewhere.
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Stalking Awareness Week launched by Suzy Lamplugh Trust
Charity set up in name of disappeared estate agent to spend this week highlighting the increasing number of stalking cases being investigated by police.
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Foxtons CEO cashes in shares worth £800,000
Payday for Nic Budden comes despite tanking profits at the company which he has blamed on 'historically low' sales transaction levels in London.
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Hunters beats ‘difficult’ market by attracting more successful independents to its network
AIM-listed company says the average turnover of branches joining its network is £173,000, an increase of £20,000 compared to 2016.
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Belvoir reveals £200k legal bill for failed TPFG merger bid
Despite the knock-back, the franchising giant says its group profits before tax for 2017 were up by a staggering 62%.
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£250m pumped into online estate agents so far by investors, claims TPFG
Extraordinary claim is made by parent company of Martin & Co and Ewemove in its upbeat annual results for 2017.
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Celebrations at Clive Emson
Clive Emson Auctioneers celebrated its 200th auction in March. Last year they catalogued 1,168 lots and achieved sales of £160 million, with a success rate of 80 per cent.
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Start-up Leicestershire agent faces down online lettings giants with £49 service
The market for online-only lettings agents has a new player but it’s not one of the usual suspects. Rather than another angel-investor backed tech firm with a London dotcom office peppered with snooker tables and latte machines, step forward Leicester-based Harry Albert Lettings & Estates. The company, which is based in the central Belgrave area of the city and also offers an Airbnb-copycat short-term lettings platform, has launched an OpenRent-style service that enables landlords to upload their properties to OnTheMarket, with listings on Zoopla and Rightmove due later. Harry Albert charges £49 for a listing that will last up to six months, the same price as OpenRent’s paid-for three-month service and less expensive than Upad’s Standard £120 service. Breaking the rules “We decided to launch after we saw larger agents routinely breaking the rules, [so] our intention was to operate nationally but being a small company, we felt we were punching above our weight slightly which is why we’ve opted to cover a smaller area for our other services beyond advertise only,” says Managing Director Andrew Hill (pictured, above). “This allows us to provide a more comprehensive and more personal service to our clients.” Andrew also says he hopes…
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Move moves into Gloucester
Cheltenham based Estate and Letting Agent Move has acquired premises in Gloucester to open its second office.
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