Estate agent insolvencies jump by a third
Falling transaction volumes drive a sharp rise in estate agency businesses going bust.
‘The rise of the self-employed agent is seeing inroads into the market share of all estate agents’ – TwentyCi
Self-employed property brokers were behind only 1.6% of new sales instructions in Q2, but analysts expect their market share to grow.
UK real estate AI start-up raises $7mn for international expansion
Fifth Dimension AI was set up last year by former Hamptons research chief Johnny Morris & linguistics and tech maven Dr Kate Jarvis.
London letting agent shines a light on the ‘uphill struggle’ against rental fraud
'Whilst digital and AI technology has evolved rapidly, rogue tenants have also evolved with it, becoming increasingly more inventive in how they trick the system,' warns Benham and Reeves.
Most read
SevenCapital gears up for £1bn London expansion
Birmingham real estate investor-developer announces brace of key hires & plans trio of major projects in the UK capital, delivering over 1,000 new homes.
Knight Frank names three new lettings managers
Agency bolsters operations in key markets across South West, North, City & East London.
Leading property PR agencies to merge
Chanel Bailey's Elevate & Adam Foster's Ellwood have joined forces to create 'a dynamic & expanded powerhouse in the industry.'
Knightsbridge apartment scheme pitched as London’s ‘ultimate multi-generational home’
In Pictures: Mdesign's ultra-prime boutique project on Pont Street is being marketed at £54mn.
Luxury sector veteran moves back into super-prime property
Having set up a boutique estate agency in Mayfair in the 1970s, Anthony Lassman 'has come full circle' as his Nota Bene Global business adds a property acquisition service for HNWIs.
Ten Charts: Inside Foxtons’ big turnaround plan
Latest annual report reveals how the high-profile agency is approaching risk & opportunity, creating a 'more respectful and inclusive environment' - and deploying 'growth mode'.
Former PCL agency boss joins self-employed property brokerage
Ben Hopkinson has made the move to Moveli after 17 years at boutique firm Moretons, where he led offices in Westminster & Knightsbridge.
Alex Michelin: How super-prime developments are shaping residential trends
The Valouran CEO talks us through how innovations once reserved for the world’s most luxurious homes are now filtering into the mainstream housing market - and redefining modern living.
‘Footloose’ companies & HNWIs shift to new wealth hubs
Ranked: Savills' new Dynamic Wealth Indices identify which international cities are doing best at attracting & developing wealth & investment.
‘Landmark’ Isle of Skye estate seeks £6.75mn
Clan Donald's land on the Sleat Peninsula is 'one of the largest & most ecologically significant estates in the Inner Hebrides,' says Strutt & Parker.
LATEST ARTICLES
Winkworth launches new branch in SW London
Ex-Dexters & Knight Frank agent heads up latest addition to franchise giant's network.
Ghelamco taps Savills & JLL for resi sales at Battersea candle factory scheme
In Pictures: Inside the Squire & Partners-designed development with interiors by Bowler James Brindley.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
High-end Spanish agency opens flagship store in Marbella
Spain Sotheby's International Realty says its new base will strengthen connections with key luxury markets including Dubai & the UK.
Buyer demand dips in prime London
Richmond was the most 'in demand' area of the prime London property market in Q1, reports Benham and Reeves.