Estate Agency News
Off-market property sales soar as mainstream sellers embrace discreet marketing
One in ten homes sold across the UK so far in 2022 were only marketed quietly, rather than being openly broadcast on the portals. That figure rises to nearly a quarter in London and prime country markets.
Everett joins Savills in Rickmansworth
Hamptons' former Head of Sales, Peter Everett, has joined Savills as Director of the Rickmansworth office.
Foxtons recruits Chestertons’ Gittins as Budden steps down
Former Chestertons boss Guy Gittins will become Group CEO of rival London estate agency Foxtons in September, taking over from Nic Budden - who has already stepped down.
LSL profits stay strong despite drop in estate agency revenue
"We expect that the impact of housing market cycles will continue to have a reducing impact on the Group's results," says major property Plc, which owns estate agency brands including Marsh & Parsons.
Chestertons CEO moves on
Guy Gittins has stepped down as boss of Chestertons, leaving the London estate agency to ‘pursue a new challenge’.
LonRes adds planning data to property listings
LonRes users can now quickly check planning applications that could affect a deal, directly from a property's sales details.
Foxtons buys two more London estate agencies
Gordon & Co in South London and Stones Residential in North London have been bought by Foxtons Plc for £10.55mn.
Property management firm acquires Century 21 UK master franchise
Nicholas Faulkner has picked up the Century 21 UK master franchise from SDL Group, and is 'keen to expand' the brand in up-market areas.
Purplebricks reports sharp drop in instructions
"We have seen a continuation of lower volumes of new instructions coming to market,” says the Purplebricks management. “These market conditions have impacted the level of net instructions."
Belvoir rebrands; buys MAB-owner TIME Group
With a new more corporate look, listed estate agency network Belvoir has acquired The TIME Group, which trades as the Mortgage Advice Bureau.
Regulation of Property Agents still ‘being considered’
The government is still "considering the recommendations of the RoPA report", three years after it was published, says Housing Minister Eddie Hughes. There's no update on a timeframe.
Cluttons recruits Woolgar to run Hyde Park lettings
Cluttons' new Hyde Park Lettings Partner, Ed Woolgar, has previously held senior positions at Strutt & Parker, Harrods Estates and Chestertons.