Purplebricks subject of two BBC features.

Purplebricks PLC have today released an AIM announcement – Statement re share price movement. The Group was the subject of two BBC features on Wednesday 2nd August relating principally to the clarity of the deferred payment facility available to customers, the Group’s compliance with a recent Advertising Standards Association (“ASA”) ruling, and alleged exaggerated claims…

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ASA upholds complaint against Purplebricks over statement on their website.

The Advertising Standards Authority (ASA) has upheld a complaint from a rival agency over statement made on  Purplebricks website  featuring testimonials from clients, the rival agent Arun Estate Agencies Ltd challenged whether the “Fees saved” claims were misleading and could be substantiated. The ASA action as stated on their website as follows: The ad must…

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Why PurpleBricks Is Beating You

Most estate agents don’t prioritise email leads from Rightmove and Zoopla. It stands to reason, if an enquiry was serious they would call. But reason is WRONG.  This outdated belief about enquiries is costing High Street estate agents dearly. PurpleBricks is winning, at your expense. LeadPro is a free tool from Property Technology ltd, that will help…

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Purplebricks UK business now in profit

Purplebricks Group plc, today announces its final results for the year ended 30 April 2017. UK expectations upgraded, Australia on track, US beckons. Group revenue up 151% to £46.7m (FY16: £18.6m) – UK revenue up 132% to £43.2m (FY16: £18.6m) Commenting on the results, Michael Bruce, Group Chief Executive, said:  “This has been a very…

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California to be first launch state in ambitious US expansion.

Purplebricks Group plc announces that it will commence its ambitious United States expansion, identifying California as the first launch state, later this year. Commenting on the news, Purplebricks US CEO Eric Eckardt, said: “Purplebricks is launching in the US, with a distinct offering, which aims to offer a better deal for customers and a compelling…

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CIELA again shrugs off sabre-rattling by PurpleBricks lawyers:

CIELA again shrugs off sabre-rattling by PurpleBricks lawyers, reiterates public request for substantiation of “completed sale” rate. In response to this Telegraph article, PurpleBricks’s lawyers have written to CIELA for a second time claiming that the statement by CIELA Founder Charlie Wright is defamatory. CIELA has today (Wednesday) responded (attached) to Norton Fulbright’s letter dismissing their letter…

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