Estate Agency News
‘Too brutal’: Rollings opens up about Foxtons’ heyday
Listen: Peter Rollings - formerly Managing Director of Foxtons and of Marsh & Parsons - has spoken candidly about the estate agency business in a podcast run by eXp agents Scott Gunn and Ben Moore.
John D Wood expands with new Clapham branch
Kesha Foss-Smith and Shoeni Oates are running JDW's new outpost on Abbeville Road.
Luxury Portfolio recruits marketing chief
Jennifer Woodring has joined Luxury Portfolio International as Vice President, Customer Experience & Brand Collaborations.
West Country estate agency on acquisition spree
Cooper and Tanner has made its second agency acquisition in as many months, acquiring Geoffrey Smith Ltd in Shepton Mallet and Midsomer Norton.
Veteran estate agency brand Humberts back on the expansion trail
“We feel now is the best time to be building on our success and re-starting our expansion programme,” says 179-year-old estate agency Humberts, which was bought out of administration just before the…
Strutts recruits client services chief
Strutt & Parker has hired a new head for its Client Services team, charged with "unlocking opportunities within the customer database through a consistent and robust contact strategy."
Private equity investor takes majority stake in luxury property brokerage Engel & Völkers
Permira has agreed to buy the majority of Engel & Völkers, which is gearing up to re-enter the UK market.
Purplebricks ditches self-employed agent model
Hybrid estate agency Purplebricks is overhauling its business model, transitioning its network of local sales agents from self-employment to fully employed status.
Savills posts record results as residential sales revenue doubles
Like other property PLCs, Savills' profits have surged this year. The firm's UK Residential Transaction Advisory business posted record revenue in H1, nearly doubling (+97%) compared to last year.
LSL reports record figures
Marsh & Parsons' parent company is the latest big property firm to report a huge rise in revenue and profits in the first half of this year.
Countrywide acquisition & disposals help quadruple Connells’ profits
Connells "continues to look for investment and acquisition opportunities", says CEO David Livesey, as pre-tax profits jump from £17.2m in H1 2020 to £80.2m in H1 2021.
Fine & Country expands in the West Country
Plymouth-based Stuart Donnington has bought into the estate agency franchise, taking on a large territory that straddles Devon and Cornwall.