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Purplebricks claim | Vendor slump | Agent closures




Purplebricks has changed industry forever, says US CEO of global agency

Claim is made by US-based chief of eXp Realty at London launch of its UK subsidiary, which now dropped 'realty' from its name and has 33 agents signed up so far.

Click here to read Purplebricks has changed industry forever, says US CEO of global agency.



Number of estate agencies going bust doubles in three years

New research using Insolvency Service figures reveals significant jump in the number of estate agencies going out of business since EU Referendum.

Click here to read Number of estate agencies going bust doubles in three years.



Vendor numbers have slumped by 15% year-on-year, says Rightmove

Portal says Brexit, the looming General Election and weak house price growth have persuade thousands of vendors to postpone moving.

Click here to read Vendor numbers have slumped by 15% year-on-year, says Rightmove.



New online club plans to revolutionise networking within the property industry

The Eighth Door smartphone app will connect agents, developers and other professionals across the market and hopes to be a property-specific alternative to LinkedIn.

Click here to read New online club plans to revolutionise networking within the property industry.



Labour drops its much-derided private tenant ‘right to buy’ policy

After being announced two months ago by Shadow Chancellor John McDonnell, the party's policy makers realised it would be unworkable.

Click here to read Labour drops its much-derided private tenant ‘right to buy’ policy.



Essential guide: hybrid and online estate agents


Online estate agents are 24 years old and yet they've only grabbed 7.5% of the sales market. Nigel Lewis looks at why have yet to fulfil their promised potential.

Click here to read Essential guide: hybrid and online estate agents.