Management buyout | Agents on TV | New agency boom

Brutal industry reaction as Purplebricks looks for 'new ownership structure'

When Purplebricks announced on Friday it was looking for a buyer it didn’t take long for the knives – and jokes – to come out. Industry reaction has been both funny and brutal.

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Sunak appoints replacement for housing minister - sixth in a year!<br />

Rachel Maclean has been appointed as a DLUHC minister to take over from Lucy Frazer, who was promoted to the Cabinet.

Click here to read Sunak appoints replacement for housing minister - sixth in a year!<br />.

Belvoir Group reports record revenue after £4 million jump

Revenue at the Group increased to a record £33.5 million from £29.6 million in 2021 buoyed by an increase on rents on new tenancies increasing by 10.8% during 2022.

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Property sales drop more than 50% as housing market cools

Every area of the market across England and Wales has seen a decline in market activity when compared to the same period last year. 

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Estate agents back on TV as posh homes show returns<br />

Hit Channel 4 show Britain's Most Expensive Houses will showcase the booming super prime property market and the competition to court ultra-high-net-worth individuals.

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Management buyout at JLL creates new estate agency

JLL's operations in Manchester, Liverpool and Leeds will now run under a different banner as a new property firm is formed.

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Boom in number of young entrepreneurs launching estate agencies

Companies House data reveals a total of 3,408 ‘real estate agencies’ were registered in 2022, with 297 or 9% started by 18–25-year-olds.

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The May 2023 issue is published – online for you to read now. Just click and flip!<br />

In this month's issue:

 

• The Negotiator Awards open for entry – read the ten compelling reasons why you should enter.

 

• Website content – get it right and win business.

 

• Property auctions – it's never been easier to offer auction.

 

• Lead generation and capture – just plug it in and switch it on.

 

• Agent interview: it's a Way of Life –  we meet a leading Build to Rent property manager.

 

• Plus: latest national house price analysis; hybrid agents, best ways to blog, charity efforts, The Ombudsman Files, agency and supplier news and much more. 

Click here to read The May 2023 issue is published – online for you to read now. Just click and flip!<br />.

Estate agency staff given second lowest pay rises in UK<br />

Only financial services and insurance staff have seen smaller pay rises than estate agents in the last year, according to new research.

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The Negotiator Awards are open for entry!

The UK's leading awards programme for estate and letting agents and suppliers is now open for entries. Register now to start your entry process.

Click here to read The Negotiator Awards are open for entry!.