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Watch out Savills! Fine & Country launches bid to be No.1 in upmarket sales
Fine & Country says it’s aiming to be the biggest premium estate agency brand in the UK, its new MD Nicky Stevenson tells The Negotiator. She joined the company in January to head up its...
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No, it’s not April 1st! London agent launches £1 lettings service
A London estate agent has launched the ultimate budget lettings service that costs landlords just £1 to use. Timed to appeal to cash-strapped buy-to-let investors, 15-branch Portico says the £1 cost...
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City analyst predicts Rightmove will lose more agents this year
A leading City investment analyst has poured cold water on the prospects of Rightmove in the short to medium term after its shares dropped 8% at one point yesterday afternoon following its decision to...
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Head for the hills
The effects of COVID-19 will be felt for years to come. The life we had become accustomed to will no longer exist. Alistair Brown Is it all doom and gloom? Societal behaviour and patterns will change...
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Martin & Co avoids worst of Coranavirus carnage as revenues dip by 20%
Martin & Co and Ewemove parent company The Property Franchise Group its six businesses performed resiliently during the property market shut-down, during which its overall group revenues reduced...
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Protection scheme reports dramatic drop in rental deposit disputes
Rental deposit disputes have dropped by 15% in England this year, heralding “a more harmonious relationship between landlords and tenants”, according to one tenancy deposit scheme. Ome found that...
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Strutt & Parker reveals new top team as it ‘shifts towards digital’
Strutt & Parker has revealed its senior line-up and said that it intends to build up itself as a digital estate agency and also win more market share in London, its key territory. The new team is...
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Zoopla says it won’t modify fees reduction deal…yet
No.2 portal Zoopla says it won’t extend its offer to agents who commit to leave Rightmove despite several agents contacting The Negotiator to say that this was the case. Zoopla originally gave agents...
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OTM will soon be profitable, City analyst tells agent shareholders
OnTheMarket will see its revenues shrink substantially in the coming months but is still on track to break even during 2020 and make profits next year, a leading City analyst has said. This will be...
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Will agents need virtual viewings after Covid is over?
Before the Coronavirus pandemic struck virtual viewings were just another tool among many used by agents to market properties. But although the Covid lockdown has promoted this emerging technology...
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Challenger portal signs up 10,000 branches as it prepares to go live
Rightmove challenger portal Homesearch says it has commitments from 10,000 branches to list properties on its site when the platform goes live for agents on Wednesday. Chief Operating Officer Sam...
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Interview: Gareth Samples on home working, Purplebricks, Ewemove and a second...
Gareth Samples, the new CEO of Martin & Co parent company The Property Franchise Group, says he is relieved that the Covid crisis has only impacted the second quarter of trading, but that if a...
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Quarter of estate agents won’t come back off furlough until September
Thousands of estate agents face remaining on furlough until September according to new research from the Property Redress Scheme. Its research has discovered that 65% of those surveyed are set to...
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30% of Countrywide branches remain closed as revenues tumble
Countrywide has revealed that its network of branches is still not fully open with nearly a third remaining closed six weeks after the housing market reopened. The company says it is taking time to...
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AO – Always Open for business
Over the last few months, the world as we know it has been turned upside down and as we start to rebuild following the recent pandemic, discovering what our new normal looks like is going to take...
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Investor who helped make Purplebricks’ founders millionaires moves on
Purplebricks has lost the support of one of its most significant financial backers after it announced that Andreas Weile of German media giant Axel Springer has stepped down from the hybrid agency’s...
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Instructions just 3% off pre-Covid levels says industry research
It’s now been 49 days since the government re-opened the Coronavirus-bound housing market in England without warning, leaving many estate agencies scrambling to begin housing moves once more. But it...
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£4,000 – the cost of upgrading an agent’s office to meet Covid rules
An estate agent in Leamington Spa has revealed the cost of getting her Belvoir branch ready to re-open after the Covid crisis. Sue Warburton, who runs Belvoir’s award-winning Leamington Spa franchise...
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Respected Haart ‘star’ estate agents quit to join competitor’s virtual network
An East Anglia husband and wife estate agency team who have led one of the most profitable Haart estate agency operations for many years have quit to join another agency, saying that the world has...
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Anger grows over Countrywide lack of action over furlough cheat employee
Estate agents in Bromley, Kent say they are growing increasingly annoyed and angry that an employee of a Countrywide competitor, who they says worked through the lockdown despite being furloughed, has...
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