Estate Agency News
Purplebricks sees new instructions drop 23% as the market becomes ‘more challenging’
"We are confident that our transformed business model will partially mitigate the impact of market conditions on instruction levels," says the hybrid estate agency's management.
Domus Nova brings in Maison for PR drive
Maison Communications has been given a brief to promote boutique estate agency Domus Nova in London and the Balearics.
Knight Frank posts record profit amid ‘extraordinary’ year
Group’s latest set of annual results show a 23% boost in pre-tax profit, but turnover slipping by 7%;
Dunning rebrands Townends to Stirling Ackroyd; plots more acquisitions
Nick Dunning plans to continue building his property empire, making "at least four acquisitions a year".
LRG buys two more London estate agencies
Leaders Romans Group has completed six agency acquisitions so far this year, adding 28 new branch locations and 370 staff.
Online estate agents are taking a larger slice of the £1m+ market
Hybrid and online estate agencies have seen their share of the £1m+ property market jump by 27% in the last two years - albeit from a low base.
Hamptons raises over £9k for Cancer Research
Runners and golfers from estate agency Hamptons raised over £9,000 for their chosen charity last month.
Purplebricks faces legal challenge over employment status
More than 100 Purplebricks workers claim that they were wrongly classed as self-employed by the hybrid estate agency, so missed out on holiday pay and pension contributions.
Prime London estate agency Bective relaunches under new management
Bective - formerly Bective Leslie Marsh - has relaunched its six branches under the management of Dexters alumni Thomas Dainty and Craig Tonkin, and ownership of European real estate giant Ghelamco.
Beauchamp builds New Homes team
Sarah Heracleous has joined Paul Finch's New Homes team at super-prime estate agency Beauchamp Estates.
Knight Frank star Dawes launches boutique agency
Harry Dawes has been running Knight Frank’s flagship resi office on Sloane Avenue for the last four years, and brokered some of London’s largest property deals.
OTM partners with Knight’s Property Academy
Fee-paying OnTheMarket customers can now get free access to Property Academy coaching sessions, covering topics of interest to estate agency owners and senior management.