Your weekend roundup of news and views from The Neg

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.

Click here to read Brutal industry reaction as Purplebricks looks for 'new ownership structure'.

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.

Click here to read Belvoir Group reports record revenue after £4 million jump.

Gazundering stalks the market once again as house prices stall<br />

Scourge of vendors returns with a third having offers lowered with just days to go before their sale is set to complete.

Click here to read Gazundering stalks the market once again as house prices stall<br />.

COMMENT: How agents can help track the property market<br />

House prices expert, Kate Faulkner, says local data from agents and surveyors could hold the key to understanding wider property market trends.

Click here to read COMMENT: How agents can help track the property market<br />.

The Negotiator Magazine – February 2023 issue – yours to read now

Read the latest edition of The Negotiator Magazine the industry trade magazine for estate and letting agency.

 

In this issue:

 

• Training and staff retention

 

• Latest house prices analysis

 

• Industry leaders' predictions for 2023

 

• Rent controls controversy

 

• Why you should love your solicitor

 

• Cyber crime threat to agency business

 

• Appointments, launches and mergers

 

Click here to read The Negotiator Magazine – February 2023 issue – yours to read now.

Hybrid and online agencies see market share plummet

Firms like Purplebricks see their slice of instructions drop significantly in a year as the effect of the Covid lockdowns falls away.

Click here to read Hybrid and online agencies see market share plummet.

Industry firm says ChatGPT to play major role in writing listings<br />

Artificial intelligence could soon be 'helping' estate agencies write listings copy claims website and marketing firm Property Webmasters – so we put it to the test.

Click here to read Industry firm says ChatGPT to play major role in writing listings<br />.

Estate agent and ex-Apprentice contestant facing £200k bill

Estate agent Alex Britez, who appeared The Apprentice in 2011, has been left facing a £200,000 legal bill after squabble with neighbour.

Click here to read Estate agent and ex-Apprentice contestant facing £200k bill.

Significant sales market slowdown is confirmed by HMRC

Latest figures from HMRC reveal a drop in sales last month, as the housing market loses momentum following last year's boom.

Click here to read Significant sales market slowdown is confirmed by HMRC.

BLOG: With Purplebricks in trouble again, is DIY estate agency dead?

Glentree International boss Trevor Abrahmsohn casts his eyes over the latest Purplebricks developments and ponders whether this is the end for DIY estate agency.

Click here to read BLOG: With Purplebricks in trouble again, is DIY estate agency dead?.