Company Tag: Purplebricks
Watch: BBC investigation lambasts major estate agencies
Panorama has reported on allegations of 'dubious sales tactics' at Connells & Purplebricks.
Hybrid agents gain ground in the £1mn+ market
TwentyEA flags 'a notable changing of the guard' in the estate agency arena, as a broker platform posts dramatic growth.
Purplebricks secures multi-million pound ‘equity for ads’ backing from ITV
'This is an exciting moment for Purplebricks as we partner with ITV in a significant Media for Equity deal,' says CEO Sam Mitchell.
Strike set to buy Purplebricks for £1
'Purplebricks has dramatically changed the industry by driving down the cost of estate agency,' says Sir Charles Dunstone, a major shareholder in Strike - 'and we aim to combine its significant brand recognition…
Purplebricks on the rocks as share price plummets [updated]
Purplebricks' management says a 'previously anticipated return to cash generation in early FY24 is unlikely,' but that 'a small number of parties remain in discussions' about the sale of the AIM-listed…
Purplebricks ponders sale
High-profile online estate agency confirms strategic review as it issues new profit warning.
Purplebricks Chair Pindar sees off leadership challenge
Nearly 30% of voting shareholders opted to oust the Chair of Purplebricks Plc.
‘Our performance was not good enough,’ says Purplebricks boss as instructions, revenues & profits plunge
Purplebricks handled 31% fewer instructions in its latest full financial year than in the previous 12 months.
Purplebricks reports sharp drop in instructions
"We have seen a continuation of lower volumes of new instructions coming to market,” says the Purplebricks management. “These market conditions have impacted the level of net instructions."
Purplebricks boss Darvey steps down
Hybrid estate agency's Chief Operating Officer, Helena Marston, steps up to the top job as Vic Darvey quits.
Purplebricks Plc posts ‘disappointing’ results; warns of an ‘uncertain’ market ahead
Purplebricks' instructions have slumped by 38%, as the hybrid estate agency shifted its business model and faced legal challenges. The company made an operating loss of £11.
Online estate agents’ market share drops overall – but rises in the £1m+ market
A "considerable underperformance" by online and hybrid agencies through last year's booming property market “will clearly raise significant interest in the viability of the business model that has failed…