Emoov
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Latest property news
Move over Henry Pryor! Russell Quirk relaunches himself as PR guru and media pundit
Former eMoov CEO Russell Quirk has set up a property PR firm called Properganda just four weeks after his old company went into administration.
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Latest property news
Haart branch apologises after prospecting letter suggests Purplebricks is in financial trouble
A haart branch member in Nottingham has sent out a prospecting letter to a Purplebricks vendor that mistakenly suggested the hybrid agency is in trouble.
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Latest property news
Online and hybrid rivals of eMoov hoover up former employees
Online and hybrid agents are taking on many former employees of eMoov including Purplebricks, OnlineEstateAgents.com, Keller Williams and Housesimple, research by The Negotiator can reveal. Of the 50 or more local property experts formerly working for eMoov on a self employed basis, half have yet to find new roles while 10% have secured roles outside the property industry and a further 20% have found roles at traditional agents. One example is Paul Radloff, who was a local property agent for eMoov in the South East but is now working for Sequence as a branch manager at its office in Lewes. But a fifth have secured jobs at former competitors of eMoov’s including one of the most senior, Richard Olliffe (picture, left), the company’s former Group Sales Director since November 2017. He has started a role at Purplebricks as a Sales Director. And eMoov’s Midlands Territory Manager Ben Burgin has joined Housesimple as an estate agent covering Lincolnshire and South Yorkshire. He joins at least three other former eMoov field representatives at the Essex-based hybrid agency including Reece Maddick and Jack Malnick. Malnick was formerly National Sales Director at eMoov but is now Housesimple’s Operations Director. Also, two former eMoov local…
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Latest property news
Purplebricks and Yopa boosted by demise of eMoov and Tepilo
Purplebricks and Yopa benefitted the most from the demise of Emoov and Tepilo, a report into the online and hybrid estate agency market has revealed. Analysis of the sector’s growth by housing market advice service PropertyRoad.co.uk has revealed that Purplebricks increased its slice of the cake from 53% to nearly 60% while Yopa increased its from 9.6% to 15%, helped in part by the two competitors disappearing. The research found that Purplebricks picked up the most market share during the year, unsurprising given its dominance of the field and its recent offer to take on former customers of eMoov and Tepilo for free. Its other nearest rival, Express Estate Agency, now has 12.4% of the online market, up by just 1%. The remaining ‘big six’ hybrid/online estate agents now have just over 95% of the market between them. This includes Purplebricks, Yopa, Express Estate Agency, House Network, Housesimple and Doorsteps. “Consumers are increasingly turning to the brands they recognise despite the recent news about the difficulties faced by previous big brands such as Emoov and Tepilo,” the report says. It is also clear from the research that the battle for second place is now on. Purplebricks looks unassailable with 20,272 active…
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Proptech
‘Weaker’ proptech start-ups will be weeded out this year, claims leading investor
Pilabs founder and leading proptech investor Faisal Butt believes the weaker and less well-funded proptech firms will be weeded out this year.
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Latest property news
Purplebricks offers free service to 2,000 former eMoov and Tepilo customers
Purplebricks group CEO Michael Bruce says he want to offer hope to the approximately 2,000 stranded customers of eMoov and Tepilo.
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Latest property news
Northern & Shell included in list of those owed money by eMoov
Companies House documents show Northern & Shell is owed £2.5 million by eMoov as part of the two companies' Tepilo merger deal.
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Latest property news
eMoov was no ‘punt’ says CEO’s son and former employee
Russell Quirk’s son has pitched in to defend his father and sought to soothe the disappoint felt by staff and both private and institutional investors who sunk millions into the company. Callum Quirk worked at eMoov with his father as initially a marketing assistant and later its product consultant. Before that he worked at Crowdcube, the funding platform where eMoov raised much of its money. This included £1.15 million raised in July from staff, family, friends and past customers and £2.62 million in 2015. Callum confirms eMoov continues into administration but says it made “a significant contribution to giving traditional entities a well-needed wake-up call”. He also says he regrets the ‘unfortunate time’ for investors including ‘ordinary people’ and the staff with their ‘finances on the line’, but he also claims that: “It should be recalled that both funding rounds were also backed by established VCs with financial information and forecasts outlining the future prosperity of the business. “This was no ‘punt’ but an investment with one’s own capital at risk. “Everyone should be fully aware that there is never a guaranteed pot of gold when making investments despite any noted previous success.” But his father now has a swansong…
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Latest property news
2% rise in new homes masks slowdown in construction and office conversions
Read how MHCLG's own figures reveal a downward trend in both the number of new homes being built and 'office conversions to residential'.
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