Estate Agency News
Countrywide: ‘Fundamental changes are beginning to bear fruit’
Embattled property Plc's revenue falls again after branch closures and cost-cutting - but the company says it is 're-establishing [its] market-leading position across both Sales and Lettings'
Agency heralds a ‘Boris Effect’ in prime London as buyers take a long-term view
"It looks like Boris [Johnson] has and will put the bounce back into the London property market", says top-end estate agent Mark Pollack
Property marketing firm buys online estate agency easyProperty
Hampshire firm Evolve has acquired online estate agency easyProperty from the parent company of Fine & Country, with support from Sir Stelios
LSL branch closures boost profits
But London's 'challenging' market squashed Marsh & Parsons' profits in the first six months of the year
The average estate agency’s sales commission is 1.2%
But there's a pretty broad range between different regions. Agents in five postcodes manage to bag fees in excess of £30,000 per property sale
Christie’s International launches ‘Masters Circle’ for top luxury brokers
Four Strutt & Parker agents have made the grade to join CIRE's first batch of 'elite' luxury property brokers
Southampton agency bags six-figure fund for acquisition spree
Lettings agency G&K, part of Martin & Co, has secured a big sum from an alternative lender to grow its managed property portfolio on the South Coast
Amazon partners with US real estate brokers for a new home-buying platform
Realogy - which owns property brands including Century 21, Coldwell Banker and Sotheby's International Realty - has teamed up with online retail behemoth Amazon to drive buyer introductions
Hong Kong buyers flock to London as unrest continues
Prime London estate agency records 'an unmistakable surge in enquiries from Hong Kong residents looking to buy property in London'
London estate agency fined £80k for data security breach
The Information Commissioner’s Office has fined estate agency firm Life at Parliament View Ltd, after thousands of customers' personal details - including bank statements and passport copies - were…
‘A huge leap forward for the property industry’: Mandatory estate agent qualifications move closer
Lord Best's recommendations, published today, herald a new regime for the property industry, with mandatory qualifications for all estate agents - which could be extended to property developers, managers…
Lloyds-backed Yorkshire estate agency makes another agency acquisition
Linley & Simpson has snapped up Leeds-based agency Morgans in its biggest acquisition so far - its eighth in the last 12 months