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Purplebricks Australia ‘growing’

Company reports $1m of revenue in first seven weeks.

The Negotiator

Purplebricks sold board imageMichael Bruce, CEO, Purplebricks, says that its launch into Australia has had a fantastic start.

“The Australian people have been more vocal about the need for change in their market than anywhere I’ve visited or seen in the world and they are demonstrating that by instructing Purplebricks to sell their properties.

“We’re being successful in growing that; over $1 million of revenue in the first seven weeks, more people instructing us whether by private treaty or by auctions, auctions are very popular in Australia and we have undertaken a number of auctions and undertaken them really successfully.

“So Australia is a fantastic start, we intend to grow that country, we intend to launch in other regions within Australia in due course.”

February 16, 2017

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