Zoopla
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Latest property news
Chestertons promotes Guy Gittins to MD as group CEO steps down
Upmarket agency Chestertons has revealed a reshuffle at the top after Group CEO Allan Collins stepped down today, 15 months after his appointment, while former Head of Residential Sales Guy Gittins has been promoted to become the UK’s Managing Director. Collins is to become Group Deputy Chairman after being appointed CEO in March last year, replacing Robert Bartlett, following five years spent as Group Chief Financial Officer, and prior to that stints at Savills and cruise firm P&O. One of his last decisions was to return Chestertons’ 32 branches to Zoopla after a three year hiatus during which it listed only with OTM and Rightmove. Guy’s rapid rise Guy Gittins is one of the property industry’s high fliers and his promotion to the top job in the UK after seven years at Chestertons is not a surprise to many who know him. Gittins made his name both within the industry and beyond after working for Savills on the successful launch of the world famous Candy & Candy development One Hyde Park from 2010 onwards, before joining Chestertons in 2012. Before that he worked for cigar-chomping hotelier and developer Peter de Savary. “During the seven years I have worked for Chestertons…
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Agencies & People
Blurring of lines between traditional and online operations prompts ASA complaint about agent
Agency Howard Cundey agrees to remove references to Zoopla on its website after complaint to watchdog despite still being a listing agent on the portal.
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Latest property news
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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Supplier News
ZPG reports profits up by 41% before tax, helping sweeten Silverlake purchase
Property and comparison giant ZPG has seen revenue and profits increase dramatically over the past six months, it reports today.
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Latest property news
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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Marketing
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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Latest property news
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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Latest property news
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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Latest property news
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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Latest property news
Will every agent eventually have to list on all three portals?
As Yorkshire market leading agency Manning Stainton decides to be on Rightmove, OnTheMarrket and now ZPG, many agents now feel under pressure to follow suit.
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