Marketing
News covering the marketing of residential property, lead generation, buying and selling and business development.
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Over 60% of tenants offered insurance-based rental deposits take it up
Over sixty percent of tenants offered an insurance rather than cash-based rental deposit scheme at one of London’s largest new-build rental apartment developments have chosen to do so, it has been claimed. Criterion Capital, one of the UK’s largest Built-to-Rent operators and a major client of letting agent the Acorn Group, has made the claim for the first phase of its Delta Point scheme in Croydon, which eventually will bring 404 rental units to the market. The service is being provided by Zero Deposit, the Stevenage-based proptech firm co-founded by Jon Notley. “There is no question that Zero Deposit is helping to make our properties more attractive to potential tenants, speeding up the process and resulting in happier tenants when they move in,” says Karl Elliott, Head of Portfolio at Criterion Capital. Rental deposit Acorn Group, which includes four agent brands – Langford Russell, John Payne, Unique and Acorn – is one of South East London’s larger agency groups and has a total of 31 offices. All of these have now rolled out the Zero Deposit product. The agency was one of the four industry big hitters to give Zero Deposit its backing in February alongside Connells, LSL and Knight Frank.…
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OnTheMarket to begin giving out 36.3 million unallocated shares to agents who sign up to longer deals
Property portal OnTheMarket is to begin giving million of shares to agents who go for longer deals.
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D-DAY for OTM? Portal to reveal first audited results since flotation – on Thursday
OTM has announced that it's first year's audited accounts are to be released on Thursday, the first since it floated on AIM last year.
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OnTheMarket to catch up Zoopla by early 2019, figures suggest
Property portal OnTheMarket is recruiting 28 agents every day to its service and is on track to catch up Zoopla's current tally in February next year.
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ZPG to be sold for £2.2 billion to international private equity firm
Zoopla's parent company ZPG is to be sold lock-stock to a huge but relatively obscure global private equity firm for £2.2 billion.
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What’s behind the 15% jump in value of ZPG shares?
ZPG shares have been rising dramatically recently but then suddenly dropped off despite the portal group announcing increased number of returning agents.
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allAgents bans Purplebricks and all other agents with fewer than three-star reviews
Reviews website allAgents is to ban all agents with less than two-star reviews average to become the third largest provider of sales and lettings leads after Rightmove and Zoopla.
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Startup win-a-house website offers developers ‘third way’ to sell newbuilds
Former property professionals launch business that they say will succeed where other "sob story" prize competitions have failed.
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OnTheMarket has now signed just under 40% of all estate agent branches
property portal onthemarket has signed up 7,500 branches or nearly 40% of all estate agents in the UK to its service.
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