Some 2,500 estate agency branches have expressed an interest in a new portal, Homesearch, launching next month. Although the Homesearch website lists the branches as having “joined” the new portal, a statement from the two… Rightmove on the ropes? 2,500 branches interested in new portal
One of the industry’s leading automated valuation services says it’s running at approaching 1,000 leads a day for agents even during the lockdown. The ValPal Network – which has some 800 brands and 4,000 agency offices… Automated Valuation leads to agents staying strong, says supplier
A leading human resources expert predicts that agents who are poorly treated by their employers now will wreak revenge and move elsewhere when the virus subsides. Recruitment guru Anthony Hesse, managing director of Property Personnel,… Poorly-treated agents will change firms after the virus – forecast
Two auctions held behind closed doors have been deemed a success, and evidence that the property market can still function despite the lockdown. Savills has held its first ever remote-bidding-only auction, run by a single… Auction success shows property sector can still thrive – claim
One of London’s most experienced estate agents says there has been a very significant surge in foreclosure sales in part of the capital’s housing market – even before the Coronavirus outbreak began. Marc Schneiderman is… Big surge in distress sales even before virus – top agent
Two property portals insist they’re going to launch this spring despite the Coronavirus chaos effectively closing down much of the housing market. OpenBrix has been 18 months in the making and says it’s finally launching… Two new portals set to launch despite Coronavirus chaos
The latest research by Deposit Replacement Scheme, Ome, has found that the impact of the Coronavirus could cost buy to let landlords nearly £14.9bn should tenants be unable to pay rent during the three month… Coronavirus outbreak could cost the buy to let sector £14.9bn in three short months
Leading lettings and sales agent, Benham and Reeves, has released the latest of its very own quarterly house price index based on data from the top four existing indices, looking at where the average house… House price gap between sellers and buyers reduces
It’s been reported that the government is talking with banks and building societies about putting the housing market ‘on ice’ during the virus crisis to avoid a crash and to allow financial institutions to offer mortgages.… Housing market could be ‘frozen’ to avoid Coronavirus crash
Rightmove has this morning told its shareholders it is “taking appropriate measures” to shore up the company. It gives no indication of what those measures are but it says in a trading statement released at 7am… Rightmove “taking appropriate measures” to shore up company
