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Leading independent chain bats off lockdown with multiple acquisitions
One of the UK’s leading independent estate agency chains Linley & Simpson has opened a new flagship branch in Hull at the former premises of the Link Agency group after buying the business’s local...
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Phil Spencer advises some buyers to ‘sit on the fence’ and negotiate
Phil Spencer has waded into the post-lockdown housing market debate with advice that not all estate agents might want to hear, including that downward price negotiations will be an increasing reality...
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Challenger portals accuse some leading CRMs of ‘obstruction’
Adam Piggott, CEO of challenger portal OpenBrix, has told listeners to a webinar hosted by Kerfuffle’s founder Simon Whale that some of the leading CRM providers are deliberately hindering the...
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Today is estate agencies’ last chance to furlough staff before scheme winds down
Today is the last chance estate agency owners have to furlough retained staff before the scheme closes to new entrants on July 1st. Companies can furlough staff for a minimum period of three weeks and...
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Silly offers starting to creep into market, warns leading agent
A well-known London estate agent has warned that ‘silly offers’ are beginning to creep into the market as some buyers try to take advantage of the disruption caused by the Coronavirus crisis. Lucy...
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Market awash with ‘love lawn’ home buyers says RICS
Months spent in lockdown have prompted home buyers to put a garden or access to green space at the top of their wish-list. The Royal Institution of Chartered Surveyors’ (RICS) monthly market survey...
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Fake Zoopla invoice payment phishing email circulating, agents are warned
Estate agents who list their properties with Zoopla are being warned to stay vigilant after a phishing email began circulating yesterday sent by criminals hoping to dupe companies into parting with...
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‘There’s no doubt about it, this week the property market is back’
The property market has revived sufficiently to be just 19% off its pre-Coronavirus activity levels, it has been revealed. This is the latest research from the industry data coalition formed by...
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Protests erupt over TPO decision to hold annual conference on Rightmove
Protest emals have been flying since The Property Ombudsman (TPO) announced that it is hosting its annual conference on Rightmove’s webinar hub next week on June 18th at 10am. At first glance the...
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COVID to cost OTM £2 million as it also reveals an extra 1,000 paying agents
OnTheMarket.com has signed up an additional 1,000 paying agents compared to six months ago, it latest results show, but has revealed that its COVID discounts will cost it £2 million this year. But OTM...
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Northern Ireland is first country to re-open after England, but will Wales...
The Northern Ireland housing market is to be re-opened on Monday, it has been revealed. When Coronavirus struck, its government introduced very similar Coronavirus lockdown rules for its estate agents...
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Welsh government urges agents to report competitors ignoring lockdown
The Welsh government has urged estate agents to report competitors who break the lockdown rules on viewings or branch openings, it has been revealed. In an update sent to ARLA Propertymark, Ministers...
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‘Revolution in property sales progression’ technology announced today
A world-first service has been revealed that enables all the players in the sales progression process to see each other’s activities. The technology, created by Coadjute, works in the background on...
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Interview: OnTheMarket CEO’s candid answers to agent criticisms
Yesterday OnTheMarket revealed its latest results including a new high in paying agent branches listing on its portal but also reduced revenues following the Coronavirus lockdown. We asked several...
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OTM’s acting CEO confirms he’s in the running to keep the top job
OnTheMarket acting CEO Clive Beattie has confirmed that he is in the running to keep his top job at the portal, which yesterday posted its latest results. The 53-year-old moved from being the...
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Ministers have underestimated scale of cladding problem, say managing agents
Everyone welcomed the Government’s intervention to fund cladding remediation, but the scale of the problem is understated. We are dealing with a national challenge on an unprecedented and, to some...
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‘Danger to public’ kidnapper of estate agent refused parole
Photocredit: West Midlands Police The kidnapper of West Midlands estate agent Stephanie Slater has been refused parole and will have to spend at least another year in prison. Michael Sams, who is now...
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‘Lost’ 175,000 Covid vendors return amid delayed Spring market
Some 175,000 missing vendors who would have sold their homes during the March, April and May lockdown have returned to the market, Rightmove has claimed. In an upbeat assessment of the post-lockdown...
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‘Desperate’ Spicerhaart demands suppliers knock 20% off existing invoices
The owner of a Surrey building company who recently completed repairs to the roof of a Haart branch says he is shocked after its parent company demanded that he retrospectively knock 20% off his...
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Total cost of property industry furlough schemes revealed –£600m
The government’s latest figures for Chancellor Rishi Sunak’s Coronavirus Job Retention Scheme reveal the huge cost of furloughing the property industry. Data from HMRC show that £300 million has been...
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