'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
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
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Winkworth flags 'major reset' as market adjusts to a new reality.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
By Jo Eccles
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
MFS administrators flag scale of PCL disposals
Care would be required not to 'flood the market', say practitioners, citing 'significant real estate… in particularly valuable parts of central London'.
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