“Our burn was around £800,000 a month.” Russell Quirk

Written by Estate Agent Networking UK on - Breaking News -

Our burn was around £800,000 a month.

An interview by Chris Watkin with Emoov founder Russell Quirk looks at why the company went in to administration.

When you are one of the first, you then see Purplebricks come along and get £27 million investment… They launched in a blaze of glory and had everything tied up and had a chance to sit back and look at the market and what we were doing rightly or wrongly. Even though they were 3rd, 4th, 5th to come along, they realised there was a position to realise a strong position in hybrid estate agency.

Full interview below by Chris Watkin.

Author: Estate Agent Networking UK

We share news updates and posts from within in the industry. All content shared via this Estate Agent Networking user account are third party and not that of our team.

Estate Agent Web Site Design special offer combined with Mailsign Branded emails just £499 for interactive bespoke design.

Full Details of Web design Service 

Share
 

Recent Popular Articles


The future for Buy-to-Let


Following the election back in May of this year there was one sector that shined out above the rest in the property industry, that was


NLA BUDGET RESPONSE: NO NEWS STILL BAD NEWS FOR LANDLORDS


Responding to the Chancellor’s Budget announcement today Richard Lambert, Chief Executive Officer, National Landlords Association (NLA), said: “The Chancellor has passed up his last opportunity


Taylor Wimpey reports post-referendum trading ‘normal'


Taylor Wimpey PLC release their half year results for the period ended 3 July 2016 today. Pete Redfern, Chief Executive, commented: "We have delivered a


A Woman Prime Minister is now certain.


One thing is now certain and that is  Britain  will have a female Prime Minister again occupying No.10 Downing Street, the last and only one


Prices fell again in July on a monthly basis according to LSL


Latest LSL Property Services/Acadata England & Wales House Price Index report - July 2018 headlines 'Average house price in England and Wales now £302,251' On