Estate Agency News
Homes from Home: Priya Black on new-build buyers in lockdown & how Covid-19 could change estate agency
Buyers are not responding to the Covid-19 crisis in the same way as to the 2008 global financial crash or to 2016's Stamp Duty changes, says Knight Frank's Priya Black, who heads up the Baker Street…
Countrywide’s income could plunge by 73% in Q2 – but the company says it can survive a ‘reasonable worst case scenario’
78% of the estate agency giant's employees have been furloughed, with remaining senior management all taking pay cuts.
Agents’ property market webinars attract thousands of clients
Property firms are turning to virtual broadcasts to offer market insights and maintain client relations in the lockdown.
Keller Williams recruits 200th UK agent
Franchised property brokerage has ambitions to become the UK's biggest estate agency, says Russell Quirk.
Homes from Home: Moreas Madani on life & dealmaking in lockdown
After a month in lockdown, Moreas Madani remains upbeat about the property market.
Three Phases: How prime London’s property market will emerge from the Covid-19 lockdown
The ongoing Coronavirus lockdown will be followed by a "mini-boom" in prime London's property market, predicts super-prime specialist estate agency Beauchamp.
Just one in five deals fall through as ‘Covid clauses’ keep sales pipelines flowing
“You’d be surprised by how much activity there still is", says Knight Frank's prime London team...
Agency boss calls for furlough pay scheme extension, or ‘tough decisions’ will be made at the end of May
Many estate agents are "at risk of losing their livelihoods if the government does not extend the job retention scheme past the end of May", warns Jon Cooke of epropservices.
Winkworth bucks the trend to make dividend payments
Estate agency's Q1 shareholder payout will be lower than last year, "reflecting the element of caution required as a result of the Covid-19 crisis".
Prime London markets set for 25% fewer new tenancies this year, but rental values are unlikely to change
New and newly-refurbished rental properties are faring better in the lockdown lettings market, says Knight Frank.
Zoopla extends Coronavirus freebie offer to five months
Property portal confirms a two-month extension to its free usage period for agents affected by the Covid-19 lockdown.
Property sales have slumped by 70% since the lockdown
Transaction numbers have plummeted since the start of the Coronavirus lockdown, but homes continue to be listed for sale, says Zoopla.