Estate Agency News
Online agents ‘have been in steady decline’ for a while
Britain's leading hybrid estate agency Purplebricks peaked in 2018 and is now losing market share, according to some new analysis.
How Covid-19 is affecting prime property markets around the world
Savills has surveyed 50 of its top people in property markets around the world to gauge levels of buyer and seller pessimism and positivity, and assess how the Coronavirus pandemic is changing the residential…
New chief for LSL as Crabb steps down
David Stewart has taken over from Ian Crabb as Group Chief Executive Officer of LSL Property Services Plc with immediate effect.
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".