Purplebricks
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Latest property news
LATEST: Bringing staff in-house has cost Purplebricks £4 million, report shows
Company has its hands full battling dwindling instructions, bringing its self-employed staff in-house and establishing a new pricing model.
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Latest property news
Purplebricks’ share price drops following ‘class action’ announcement
Company's share price lost just over 9% in value, although the drop is part of a long-term decline in its stock's performance.
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Latest property news
Hybrid and online estate agencies win market share during Covid
But, while people embraced online alternatives in many areas of their lives during Covid, it only moved the dial by 1.3% for hybrid estate agencies.
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Latest property news
Call for self-employed hybrid agency ‘staff’ to join class action group
If successful, it is estimated that former self-employed agents from firms such as Purplebricks and YOPA could be owed approximately £20 million collectively.
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Agencies & People
Is Purplebricks crumbling?
The recent announcement of a significant recasting of its business model leads Nigel Lewis to wonder where that leaves the great disruptor.
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Latest property news
New Purplebricks TV ad claims agency is No.1 for sales in UK
Punchy market claim is made during advertising blitz fronted by comedian Mo Gilligan
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Latest property news
Estate agency’s short-lets launch goes head-to-head with Airbnb
JLL says its Short Stays initiative will offer travellers and business people access to properties within professionally-managed blocks.
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Latest property news
Purplebricks may eventually open branches, says London agent
Lee James Pendleton says physical branches will be agency's next logical step as it tries to focus more on customer service.
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Latest property news
Estate agency duo leave Purplebricks to set up hybrid rival
Two friends who worked together at both Countrywide and Purplebricks say the Covid lockdown gave them time to plan their launch.
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Latest property news
Investors worry as Purplebricks’ share price continues to nose-dive
Industry watcher says shareholders are worried that the agency is increasingly looking just like the industry it once professed to disrupt.
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