Estate Agency News
Fine & Country plans to become ‘the largest premium estate agency in the UK’; appoints a new Director to help make it so
F&C Leamington Spa boss Jonathan Handford is now a Director of Fine & Country UK.
Estate agents’ average commission fee rises to 1.5%
Agents in Kensington & Chelsea tend to charge a higher percentage than anywhere else in the country (2.32%) and earn the highest commission amount per sale (£32,430).
Fine & Country builds prime London presence with nine new licenses since May
The upper-end estate agency brand has added outposts in locations including Belgravia, Islington, St Johns Wood and Holland Park.
Foxtons revenues drop 22%
There's been a "steady improvement in activity across the business" since branches re-opened on 1st June, says London estate agency Foxtons.
Knight Frank to cut staff numbers amid ‘extreme circumstances’
Tough decisions are being made to futureproof the business, says chairman Alistair Elliott
Countrywide enlists headhunters to ‘hunt for a new boss’
Sky News has reported that Countrywide Plc is searching for a new Chief Executive to replace Paul Creffield, and that Chairman Peter Long will also "step back" at some point.
Estate agents are ‘de facto agents of the Russian state’, claims Parliamentary report
There's "a growth industry of ‘enablers’ including lawyers, accountants, and estate agents who are – wittingly or unwittingly – de facto agents of the Russian state", according to the Intelligence & Securi…
14 key principles for licensed estate agents: Future RoPA Code of Practice opens for consultation
“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter. "Th
Camden extends estate agents’ board ban
Agents now have to obtain consent from the council before displaying boards in Camden's Conservation Areas or in any of the borough's town centres.
Around 90% of estate agency branches have now reopened
Only about half of high street business have re-opened since the Coronavirus lockdown, says The Local Data Company, but 88% of estate agency branches had opened their doors by the start of July.
Lettings agents earn more than sales agents, reveals salary survey
Just over one in ten estate agents earn over £100,000, according to a survey by Rayner Personnel, while more than a quarter take home less than the UK average salary.
Purplebricks offloads Canadian business for £35m
Purplebricks is refocusing on its domestic UK market "where there is substantial opportunity to grow its market-leading hybrid model."