OnTheMarket fails to impress with latest bid to win over agents
OnTheMarket’s share price dropped again yesterday, ending down 2.4 per cent.
Estate Agents
Buckle up – Wave of law cases possible if off-plan buyers pull out
There’s a warning today that the housing market could face a wave of legal disputes if buyers of off-plan new builds fail to complete because of falling prices.
Say No To Rightmove campaign “lacks long-term vision” says portal boss
The Say No To Rightmove campaign, which expects to have some 3,000 offices signed up by the end of the month, has been accused of lacking long-term vision. And the agent behind the campaign – Rob Sargent, chief executive of the Acorn agency group operating in London and parts of… Read More »Say No To Rightmove campaign “lacks long-term vision” says portal boss
Agencies still getting leads and completing deals despite lockdown
It may seem a long time since normal trading took place but many agencies are now finding they are picking up leads and some deals despite the lockdown. Midlands agency Centrick says it’s seen positive results in recent weeks thanks to what it calls its ‘digital-first’. Since the lockdown began… Read More »Agencies still getting leads and completing deals despite lockdown
Reapit’s PropTech deal aims to accelerate completions and cut fall-throughs
PropTech big names Reapit and ViewMyChain are joining up to try to accelerate transactions when the lockdown finally ends and the sales market returns. They say that 55 per cent of all housing transactions in normal times are in chains, making it more essential than ever that agents know the… Read More »Reapit’s PropTech deal aims to accelerate completions and cut fall-throughs
Stamp Duty Holiday momentum builds as law firm joins the call
A property law firm is the latest to back a call for a stamp duty holiday to help kick-start the housing market after the lockdown. Collyer Bristow has joined the Royal Institution of Chartered Surveyors, Knight Frank, Home Builders Federation and others in saying that swift action is needed to… Read More »Stamp Duty Holiday momentum builds as law firm joins the call
2020 house sales to hit peak in September predicts leading agency
The peak of the 2020 sales market is likely to be September instead of the usual early summer – but that depends on many of the lockdown measures being relaxed in time.
Now is the time for agents to go up-market claims Fine & Country
Fine & Country says now is “a great time” for estate agents to go upmarket and become “the luxury agent” in their respective areas.
Demand for stamp duty holiday to reignite housing market
Rightmove and Knight Frank are today both calling for a series of government incentives to kick-start the market after the Coronavirus lockdown ends – and a stamp duty holiday is the number one suggestion from both companies.
Rightmove downgraded as bank warns of agency closures accelerating
Investment bank RBC Capital has downgraded its rating of Rightmove and is warning that the property market is entering a prolonged downturn with agency closures on the horizon. The bank has cut Rightmove’s share price target from 550p to 440p. In an advice note to investors it warns: “The likelihood of… Read More »Rightmove downgraded as bank warns of agency closures accelerating