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Portals Say No! They reject agents’ plea for virus payment holiday

The three leading portals have rejected an appeal to give the industry a payment holiday to help firms through the Coronavirus crisis. Estate Agent Today was approached yesterday morning by three independent agents exasperated about the prospect of sharply reduced revenue as a result of Coronavirus, which may well stretch over several months. Ami Dixon, […]

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Investors in Purplebricks and Countrywide take fright over virus

Almost all quoted agencies and portals have suffered as a result of stock market investors being spooked by Coronavirus, with some of the more controversial players – especially Countrywide and Purplebricks – leading the falls. At close of business yesterday late afternoon, this was the picture: Countrywide, 175.0p, down 24.05% Purplebricks, 53.5p, down 15.08% Savills, […]