Paul Smith
-
Latest property news
Spicerhaart promotes mortgages chief to run estate agency division
Just a month after joint CEOs were announced, the firm appoints a new MD in its estate agency team - Tommy Taylor.
Read More » -
Latest property news
Spike in operating costs sees Spicerhaart report £5.5 million loss
Chairman Paul Smith says Group turnover was sustained at £139.3 million despite the marked change in macro-economic conditions.
Read More » -
Latest property news
New joint CEOs replace long-serving Smith at Spicerhaart
Two of the firm's directors are stepping up to become joint CEOs after founder Paul Smith became Chairman.
Read More » -
Latest property news
Spicerhaart reveals profits surge but grumbles about slow conveyancers
Profits at the owner of Haart and six other agencies jumped by 21% last year but slowed in second half as sales progression slowed.
Read More » -
Latest property news
Spicerhaart boss admits aim of new operating model is to have ‘fewer branches’
Spicerhaart boss Paul Smith has revealed that the company’s home-working initiative is part of an overall plan to “move towards a new operating model covering the same markets more efficiently…with fewer physical branches”. The comment are made in the company’s latest published trading full-year trading results. These reveal the benefits of the new lower-cost, fewer branches strategy – including an 11% or £14.3 million reduction in operating costs last year. Despite the challenges of the pandemic, which like most other agencies within the industry hit its sales and surveying businesses hard, the seven-estate agency group has reported a profit before tax of £9 million compared to a loss in 2019 of £1.6 million. This is despite turnover dropping from £126.7 million in 2019 to £115.5 million last year, so the cost savings couldn’t have come at a better time. Branch reduction Spicerhaart insiders told The Negotiator in May last year that the company was planning a branch reduction exercise, something the company would not comment on at the time. It subsequently launched its ‘hub and home office’ operation which it has been rolling out across the UK since the housing market reopened after the first lockdown. Introduced in existing as…
Read More » -
Latest property news
EXCLUSIVE: Spicerhaart confirms two employees quit over discrimination cases
Internal memo reveals two employees resigned rather than stay to engage with the disciplinary process.
Read More » -
Movers & Shakers
Spicerhaart’s New Homes specialist
Leading estate agency group Spicerhaart has appointed John Munday as Regional New Homes Director for the M4 and Middlesex area.
Read More » -
Movers & Shakers
Haart appoints new Estate Agency Director
Haart has appointed Liam Hancox as its new Estate Agency Director for the East Midlands and Yorkshire area.
Read More » -
Movers & Shakers
-
Latest property news
Closing Haart branches is a ‘good idea’ claims former senior employee
Despite heavy criticism of its decision to get rid of 24 offices last week, some say the closures are inevitable in current tech and business climate.
Read More »
