Company Tag: Purplebricks
Class action case against online estate agencies moves forward with ‘hundreds’ of claimants
Contractors 4 Justice says it has been "inundated with interest from hundreds upon hundreds of Purplebricks agents in particular". Purplebricks insists "there is no legal basis for this potential action"
Purplebricks sees new instructions drop 23% as the market becomes ‘more challenging’
"We are confident that our transformed business model will partially mitigate the impact of market conditions on instruction levels," says the hybrid estate agency's management.
Purplebricks faces legal challenge over employment status
More than 100 Purplebricks workers claim that they were wrongly classed as self-employed by the hybrid estate agency, so missed out on holiday pay and pension contributions
Major property companies enjoy pandemic-induced revenue boom
Property PLCs including Rightmove, Savills, Foxtons, LSL, Connells, Purplebricks, OnTheMarket and Berkeley Group have seen huge increases in revenue compared to corresponding periods in both 2020 and …
Purplebricks ditches self-employed agent model
Hybrid estate agency Purplebricks is overhauling its business model, transitioning its network of local sales agents from self-employment to fully employed status.
‘Purplebricks 2.0’: Estate agency trumpets strong performance & rolls out a ‘Money Back Guarantee’
"Today we present Purplebricks 2.0," declares CEO Vic Darvey, as the hybrid estate agency sets an ambition to double its market share to 10% of property sales over the next few years.
Purplebricks reports 12% jump in instructions
Trading at the heavyweight online estate agency has been "ahead of expectations" in the last six months.
Purplebricks names new sales chiefs after Beckwith steps down
Chris Beckwith joined Purplebricks as Chief Sales Officer from Foxtons in March, but has left after less than two months in the job.
Top investment analyst downgrades Purplebricks
“Longer-term, we have become more cautious on Purplebricks’ ability to win material market share,” says UBS.
Purplebricks tells investors that it ‘has never been more relevant’
“We are now emerging from the pandemic in a very strong competitive position,” says Purplebricks boss Vic Darvey.
Purplebricks boosted by big rise in new instructions
Hybrid firm reports that underlying H1 earnings are ‘comfortably ahead’ of forecasts.
HMRC hits Purplebricks with £260k fine over AML breach
£266,793 penalty was levied for 'failures in having the correct policies, controls and procedures, conducting due diligence and timing of verification'.