Estate Agency News
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.
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."
KF saw more offers accepted in June than in any other month of the last 20 years, smashing the previous record by 46%
There's been an extraordinary release of pent-up demand in the sales market since lockdown restrictions were lifted. "The uncertainty is how long it can last," cautions Knight Frank.
Countrywide investor pitches major employee share giveaway; warns ‘the company may not survive current challenges’
Jeremy Hosking has called on Countrywide Chairman Peter Long to hand staff 15% of the company "as an incentive to spark a turnaround."
ESTAS to combine awards events
The combined ESTAS Awards event for estate agents, conveyancers and mortgage brokers is scheduled for 14th May 2021.
New chief for Fine & Country in South Africa
Linda Erasmus moves on to become an International Ambassador for the Fine & Country brand, while Stephen de Stadler takes over the South African operation.
Belvoir takes over The Nottingham’s estate agency business
Estate agency Belvoir Group has signed a "strategic alliance" with building society The Nottingham.
Hunters opens Central London office in Aldgate
National estate agency group has launched two new franchised offices, in London and Manchester.
Propertymark to restructure as NAEA boss steps down
Mark Hayward, boss of the NAEA, is to retire after seven years in charge. His departure is prompting a restructure of the parent Propertymark organisation.