'The rise of the self-employed agent is seeing inroads into the market share of all estate agents' - TwentyCi
Self-employed property brokers were behind only 1.6% of new sales instructions in Q2, but analysts expect their market share to grow.
Online agents’ market share falls as self-employed brokers gain ground
'We do not see hybrid agents posing a significant challenge to traditional high-street agents but that could change if the self-employed model continues to grow in popularity,' says TwentyEA Director,…
By PrimeResi
Major estate agency group reportedly hits the market
Lloyds Bank-backed Lomond Group could be valued at 'well over £100mn'.
By PrimeResi
Foxtons reports ‘strong start to the year’ as market share grows again
The London estate agency agreed a third more sales in the first three months of this year than in Q1 2023, while the lettings business saw an 'incremental' increase in revenue.
By PrimeResi
Companies in this article
TwentyCiMost read
Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
By PrimeResi
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
REDD lands 12,000 sq ft mansion project in Notting Hill
Private client commission will see substantial villa reworked into 'best-in-class' family home.
The Whiteley reaches practical completion; full amenities line-up unveiled
Eight-year overhaul of London’s first department store has delivered 139 homes with 'best-in-class' facilities, a Six Senses hotel - and some new benchmarks for the sales market.
More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Middleton Advisors boosts Cotswolds buying team
Former Knight Frank agent Charlotte Hall has joined to advise buyers across the region’s most sought-after addresses.
Grand Registry: Surveying last month’s biggest registered deals
Super-prime sales in Chelsea and Knightsbridge lead latest rundown of officially-recorded transactions.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
By Tom Bill
London’s resi development market ‘less bad’ but no recovery in sight
Without a meaningful return of demand the industry risks winding down surprisingly quickly, warns Molior boss.
LATEST ARTICLES
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Top international architecture practice unveils new look & senior line-up
PLP Architecture has named five new Partners and six new Directors for its offices in London, Singapore and Tokyo.
By PrimeResi
Clouds of Uncertainty: Frances McDonald on why the UK’s prime property market recovery is ‘taking a breather’
Savills' Research Director explores how top-end home buyers & sellers are reacting to recent global events, as a 'promising start' to the year is tempered by 'renewed caution.'
Monaco flagged as next frontier for branded residences
Sector specialist explains why the Principality is a key gap in a fast-growing global market, as latest data underlines depth of demand.
Resi sales launch at branded private island development in Belize
This is Six Senses' first over-water resort in the Americas, with prices from US$3.75mn.
By PrimeResi