Estate Agents

Top agency rocked by large number of senior figures quitting

Estate Agent Today understands that the Knight Frank agency has been hit by a large number of branch office heads quitting in a short period. Over the past six months… Read More »Top agency rocked by large number of senior figures quitting

Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out of takeover talks. The share price dropped by around… Read More »Countrywide share price dives over 50% after takeover collapse

The three leading portals have rejected an appeal to give the industry a payment holiday to help firms through the Coronavirus crisis. Estate Agent Today was approached yesterday morning by… Read More »Portals Say No! They reject agents’ plea for virus payment holiday

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some of the more controversial players – especially Countrywide and… Read More »Investors in Purplebricks and Countrywide take fright over virus

Savills is the latest agency to warn about the possible threat of Coronavirus to its business activities and success this year. In its preliminary final results for 2019, issued this… Read More »Savills the latest agency to warn of Coronavirus threat to transactions

Countrywide’s share price fell by as much as 17 per cent at one point yesterday afternoon as investors assessed the latest pratfall by the company – the collapse of its… Read More »Latest Countrywide “shambles” sends share price tumbling

Nested is the latest online agency to base a marketing campaign around criticism of established estate agents. In three 30-second TV ads it accuses established agencies of failing to give… Read More »Online agency reduced to shock tactics criticising High St firms

Rightmove’s growth rate is at an all-time low, despite what some consider to be an unbeatable lead amongst portals in the UK. That’s the view of Mike DelPrete, former head… Read More »Rightmove growth at all-time low, despite its market dominance

Prominent agency industry analyst Anthony Codling is asking agents whether the board of OnTheMarket did the right thing by firing Ian Springett. Codling – a prominent analyst formerly at investment… Read More »What should OnTheMarket do now? An analyst wants to know…

An agency has repaid a £6,000 reservation fee to someone who thought they had purchased a property for £83,000 but was later told they must pay £100,000. The Sunday Times reports a… Read More »Agent repays ‘non-returnable’ reservation fee after property row