Estate agents are shifting their digital spend away from portals
Estate agents' digital spend has rocketed by 495% in a year, says a leading industry supplier, as more agencies are "starting to transfer their spend from portals and their high street offices to growing their digital footprint."
The Times: Selling their great idea was never going to be the right move for estate agents
Peter Hosking, Financial Editor of The Times, has delivered a withering appraisal of how estate agents have handled the growth of property portals
OnTheMarket claims to have listing agreements with half of all UK estate agents
Property portal reports ongoing improvement in new sign-ups following its float - but growth 'has been predominantly from offering free listings under short term introductory trial offers'
Rightmove profits jump as estate agencies spend over £1,000 per month on advertising
The property portal's average monthly revenue per advertiser (ARPA) increased from £922 in 2017 to £1,005 in 2018, while the number of member branches has 'remained stable'.
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In Pictures: Inside Gunter & Co’s £9.6mn apartment at 60 Curzon
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Interview: Stephen Green & Ben Holland on the realities of running a high-end resi design practice
HollandGreen’s founders on how the design landscape and client expectations have evolved over the past 15 years, and what comes next.
Planners back major rejig at Chelsea Barracks amid ‘significant’ market shift
Luxury townhouses switched out for apartments in next phase of super-prime Belgravia scheme, as developer cites changing demand.
FT: Meet the TikTok realtors selling £20mn mansions on their socials
The Financial Times profiles eight super-prime dealmakers using social media to build business.
£7.5mn new-build mansion snapped up in Surrey
Brokerage tucks away 9,000 sq ft residence in 'record time' - and receives £12.5mn instruction directly off the back of it.
A developer’s view: How a new ‘flight to quality’ is reshaping London homebuilding
Mount Anvil sales boss Jon Hall on how buyer priorities around location, design and brand are shifting in a tougher cycle.
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Over‑60s hold majority of UK housing wealth, Savills analysis reveals
'The passing of equity between generations is going to be a prominent feature of the housing market in coming years,' comments research chief Lucian Cook.
Winkworth franchisee buys North Cotswolds indie agency
Acquisition of Peter Clarke gives the AIM-listed estate agency an office in Stratford-upon-Avon and an 'impressive market share' in the region.
London house price growth set to climb to 7% a year by 2030
The capital's property market is likely to under-perform the rest of the UK in the short term - but CBRE says a 'chronic shortage of upcoming supply in London' means price growth is likely to accelerate…
Buyer demand is running 13% lower than last year – Zoopla
Property portal says the UK housing market 'remains active, but becoming increasingly reliant on a smaller pool of serious buyers.'
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Foxtons, Savills, ONS, LonRes, Zoopla, OnTheMarket, Knight Frank & more...