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
By PrimeResi
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'
By PrimeResi
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'.
By PrimeResi
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Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
LATEST ARTICLES
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
Brokerage signs former Strutt & Parker Kensington sales head
Experienced PCL operator Andy Harris is Moveli's latest senior recruit.
Reform or catch-up? Why the prime property market is already ahead of the Government’s plans
Ministers want to speed up homebuying and reduce failed sales, but many of the reforms being proposed have long been standard practice at the top end of the market, writes property lawyer Laura Conduit.
Battersea Power Station picks contractor for Gehry-designed next phase
165-year-old firm will complete Electric Boulevard with two striking new buildings delivering around 300 new homes and c.65,000 of commercial space.
By PrimeResi
Prime Minister Questions: Lucian Cook on what political change means for the housing market
Savills' resi research chief bemoans yet another round of Westminster upheaval, heralding more unwelcome uncertainty for the housing market.
By Lucian Cook