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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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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Purplebricks strengthens board with business restructuring expert
Nicholas Pike will work with CFO Dominique Highfield as Purplebricks merges with Strike after the £1 buyout.
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‘Be ready for the unexpected’ says estate agent boss with rare cancer
Sanjay Gandhi has shared his inspirational story just a few months after being told he has chordoma tumours within his head and now faces an uncertain future.
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