Estate Agency News
Savills shrinks its gender pay gap – but ‘there is still work to do’
Property firm reports that its male employees were paid an average of 39% more per hour than female employees in 2018. That's a slight improvement on 2017's 45% gender pay gap.
PCL’s property sales slump ‘may reverse in coming months’
Knight Frank highlights the possibility of an imminent property sales surge in prime London, as pent-up demand continues to build.
LSL’s estate agency profits dive by 24% despite rising revenue
Property Plc writes down the value of its investment in hybrid estate agency Yopa by 60%.
Knight Frank boosts Private Office team with ‘significant’ hire
GWD co-founder Hugh Dixon joins agency's specialist global advisory service to focus on next generation wealth
Glam Park Lane pad overlooking Hyde Park offered to rent at £46k a month
In Pictures: The lavish former home of Hollywood legend Douglas Fairbank Jr is available to rent at £11,500 per week.
Property chiefs help cook up solutions to tackle youth homelessness
Head honchos from some of London's top property firms gathered last week to help raise funds and awareness for New Horizon Youth Centre, the capital’s leading day centre for homeless 16 to 21 year olds.
Hunters recruits Foxtons tech stalwart
Dan Rafferty has joined franchised estate agency Hunters as Chief Operating Officer, signalling an 'ambitious investment in technology'.
Rightmove profits jump as estate agencies spend over £1,000 per month on advertising
The property portal's average monthly revenue per advertiser (ARPA) increased from £922 in 2017 to £1,005 in 2018, while the number of member branches has 'remained stable'.
High-value fixer-uppers help Savills auction reach over £30m
Notable sales at Savills' February property auction include The Hoo in Hampstead, which offers some significant potential for a residential conversion.
Trading Standards pushes for greater transparency on referral fees
Five things estate agents need to tell sellers & buyers about referral fee arrangements.
Wealth management magazine names its top property advisors for 2019
Spear's picks its top ten London sales, London buying, and country property advisors.
Foxtons 2013-2018: from £42m profit to £17m loss
Charting the rise and fall of profits and revenues at high-profile estate agency Foxtons.