Estate Agency News

Estate agency Plc says it 'will look to identify suitable acquisition targets to support continued growth and further enhance shareholder value.'

CEO James Evans paid £515,000 to buy parts of the estate agency back, shortly after administrators were appointed and a year after taking control of the sales arm of the business from Foxtons for a 'nominal…

The Kensington-based firm was founded by ex-Foxtons agents Geoff Wilford and Simon Welfare in 2011.

Two-branch agency Stanley & Partners will now operate under the Leaders banner.

Gareth James Estate Agency has signed up to the Fine & Country brand, to cover Southwark, Peckham Rye and Camberwell.

Property consultancy has made a brace of senior hires from Sotheby's International to grow its estate agency business in W1.

Ashley Conaghan has over 10-years’ experience in the property industry and has managed multiple client services departments.

Fiona Mongey has moved to Marsh & Parson after 18 years with Bective.

KFH gave all its full-time employees an extra £750 last month.

Hamptons' owner maintains a 10% share of the UK estate agency market.

Douglas & Gordon has reportedly called in administrators, a year after the property sales operation was offloaded by Foxtons.

But competition amongst British property brokers is fierce, meaning average earnings per agency are lower than in some EU nations.