Your weekend round-up of top news




Purplebricks' finance chief resigns amid company's fight to survive crisis

Talk about timing! James Davies is to leave on 8th May and will be replaced by Zoopla's former CFO Andy Botha.

Click here to read Purplebricks' finance chief resigns amid company's fight to survive crisis.



City watchdog warns insurers to be ‘fair’ over business interruption insurance claims

As The Negotiator highlighted yesterday, many estate agents have found out that their cover doesn't include the mother of all business interruption events – Coronavirus.

Click here to read City watchdog warns insurers to be ‘fair’ over business interruption insurance claims.



'Using your database in Lockdown – Case Studies on how to win new business with BriefYourMarket'


Industry software providers, BriefYourMarket and Yomdel have teamed up to run a daily Protection & Planning Webinar series to support agents. Sign up now for Monday's webcast.

Click here to read 'Using your database in Lockdown – Case Studies on how to win new business with BriefYourMarket'.



Exclusive interview: has Coronavirus changed everything between agents and their portals?

The Negotiator put this, and many other key questions preying on agents minds at the moment to Zoopla’s commercial head Andy Marshall.

Click here to read Exclusive interview: has Coronavirus changed everything between agents and their portals?.



Estate agencies, cafes and restaurants should be first to re-open, says report

The report by leading business figures recommends that the property industry is a key economic 'multiplier' and should be one of the first sectors to resume trading.

Click here to read Estate agencies, cafes and restaurants should be first to re-open, says report.



One agency's heart-warming master class on how to do Facebook during a crisis

Many agents try to use social media – and many fail. But one estate agency has used theirs to bring a whole town together during the Coronavirus crisis.

Click here to read One agency's heart-warming master class on how to do Facebook during a crisis.



Foxtons furloughs some staff and cuts pay for rest as revenues slump

The agency is battening down the hatches and planning for all eventualities including a Coronavirus 'worst case scenario' and is therefore raising extra cash from the City.

Click here to read Foxtons furloughs some staff and cuts pay for rest as revenues slump.



OnTheMarket furloughs 22% of its workforce and cuts salaries to remaining staff

The measures are part of a package of cost savings announced by the portal today as it hunkers down to survive the Coronavirus crisis.

Click here to read OnTheMarket furloughs 22% of its workforce and cuts salaries to remaining staff.



Challenger portal ‘pivots’ to give member agents control of business

Free-to-list platform Residential People is 14 months old and has 1,800 listing agents but says it now wants to turn into a mutual-style property portal.

Click here to read Challenger portal ‘pivots’ to give member agents control of business.



‘Boycott Rightmove’ Facebook group set to pass 1,500 member mark

Set up just three weeks ago following Rightmove's ill-judged initial 'deferred payments' fees offer, the group offers radical ideas and practical advice on dealing with the portal during the crisis.

Click here to read ‘Boycott Rightmove’ Facebook group set to pass 1,500 member mark.



London agency still making sales despite lockdown but for how much longer?

Guy Gittins, MD of 33-branch Chestertons says buyer registrations have increased significantly and that buyers are still keen, although sales activity across the market has dropped.

Click here to read London agency still making sales despite lockdown but for how much longer?.




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