BREAKING PROPERTY NEWS – 28/06/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Renting to Students: TDS Poll Confirms Common Issues and Reasons for Disputes in Student Lets PRESS RELEASE: A recent poll by the Tenancy Deposit Scheme (TDS) asked agents and landlords about their experiences when renting to students. The TDS poll discovered common disagreements, the top causes of…

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WEEKLY NEWS ROUNDUP – 24/06/2022

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of Contents Renter’s Reform: The biggest upheaval in private renting since the 2004 Housing Act Most Homeowners Overly Optimistic About Property Value, According to Figures Property Market: Boom or bust, does it matter? There is a bigger threat to…

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3 Digital Marketing Tips for Estate Agents

In the light of the current crisis, the falling rate of house prices and rising unemployment combine to present challenging times for estate agents. However, this doesn’t necessarily mean business is at a standstill, as investors and first-time buyers may find valuable opportunities in the current market. Competition will be fiercer, but for a savvy…

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Government takes steps to professionalise the estate agent market

Press release from Ministry of Housing, Communities and Local Government and Sajid Javid MP 8th April 2018 headlined ‘Government to professionalise the estate agent market’. New measures will be introduced to professionalise the estate agent market, driving up standards and bringing an end to ‘rogue managing agents’. Estate agents will now be required to hold…

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Lee Wainwright appointed CEO of Purplebricks’ UK operations

Purplebricks Group plc the hybrid estate agent, has announced today that Lee Wainwright has been appointed Chief Executive Officer of the Purplebricks’ UK operations with immediate effect. Commenting on the announcement, Michael Bruce, Group Chief Executive, said:  “We are very fortunate to have someone of Lee’s experience and track record in the industry heading up…

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Unfair Estate Agent Stereotypes… Still.

Estate Agents are still coming up against unfair stereotypes. Still today, ‘everything is their fault’ and the blame for houses not selling, is laid entirely at the feet of smooth talking, wrist jewelry wearing ‘charlatans’ who are only interested in that commission payment. Everyone is entitled to their (wrong) opinion of course, but it still stuns me when people don’t recognise high street property sales professionals for the everyday, dream making heroes they are!

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Network of Agents Celebrates Whirlwind First Year

A network which helps estate agents win more instructions in the land and new homes sector is celebrating its first birthday on Wednesday 28 June. The Land & New Homes Network is a membership organisation based in Marlborough providing training, support, tools and connections for non-competing independent agents across the UK. The network’s founder, Kevin…

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Foxtons performance for Q1-2017 in line with Board’s expectations

Foxtons Plc, London’s leading estate agent yesterday 17th May 2017 issued a trading update for Q1-2017. During the first quarter Foxtons performance has been in line with the Board’s expectations. Group revenue was £28.7m compared to £38.4m in the first quarter last year and £26.4m in the fourth quarter of 2016. This quarterly performance is set…

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Purplebricks intends to expand in the US

Purplebricks PLC announced late yesterday its intention to raise up to £50 million (before expenses), the net proceeds of the Placing  will be utilised by the Company to enable Purplebricks to launch its business in the US, initially by establishing itself in a number of key states. The Directors intend that the first stage of…

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Foxtons expect trading conditions to remain challenging in 2017

Foxtons plc London’s leading estate agency today issued its trading update for the year ended 31 December 2016 ahead of its audited results announcement on 8 March 2017. The reduction in Group revenue for the year reflects the significant fall in sales volumes immediately following the first quarter of 2016. Nic Budden, CEO, commented: “Despite…

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