Estate Agency News
LSL profits tumble, but remain above pre-pandemic level
LSL's Estate Agency brands made a £1mn operating loss in the first six months of the year, largely as a result of "extremely slow" exchange speeds.
‘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.
LRG launches new property auctions brand
Daniel Gale has been promoted to run Leaders Romans Group's new First for Auctions brand.
Lettings revenue helps Foxtons ‘get back on the front foot’ as CEO changes
Foxtons says interim CEO Peter Rollings has made "significant progress against plans to reset the business and get back on the front foot," in advance of new boss Guy Gittins taking the reins in September.
Dexters buys another London estate agency
Dexters makes another agency acquisition, picking up four-branch South East London firm Conran Estates.
Zoopla launches ‘industry first’ transaction tracker
Property portal Zoopla is rolling out a Progression Portal to make it easier for estate agents to track deals - and potentially to make some extra money on the side.
Connells signs up to Viewber’s lone worker safety app
Connells Group is encouraging all its agents to download the free ViewBuddy app.
Top-end agency tunes into radio advertising to reach affluent home-owners
Fine & Country has diversified its advertising strategy with a radio and podcast campaign.
Survey reveals frustrations between estate agents & conveyancers
Coadjute calls for greater collaboration between property industry professionals in order to improve transactions.
Foxtons to list all instructions with OnTheMarket
New boss signs up 50+ branch London estate agency to list on seven-year-old property portal.
Estate agency plants mangrove forest
Hamptons is planting a mangrove tree for every new sale or rental instruction secured in June.
Yorkshire agency recruits prime London agent to build York operation
Nick Udovicic used to work at Savills and Chestertons in London; he's now moved to Dacre, Son & Hartley in Yorkshire.