Group is paying the price of being largely now a B2B mortgage provider to its franchisees and direct customers as interest rates hit consumer confidence.
Read MorePAY: Estate agency sector ‘remains resilient despite challenging times’
Rayner Personnel Annual Property Sector Salary Report reveals employers are recognising the need to offer ever more attractive salary packages.
Read MoreNew CEO at big hybrid estate agency following ‘restructure’
Current CEO Ben Taylor will become executive chairman of the hybrid estate agency and both positions will be effective from October 1, 2023.
Read More‘Crazy’ BBC TV series begins featuring wannabe estate agents with little experience
BBC says TV show featuring agents vying for huge property sales paydays shows US broker style model can 'change lives'.
Read MorePurplebricks ready to axe some 15% of workforce, it is reported
The agency's new owner Strike is said to be preparing to cut around 15% of the 695-strong workforce.
Read MoreEstate agency signs unusual deal with electric bike firm
Staff at the estate agency will be encouraged to swap their electric cars for Forest’s e-bikes to both conduct viewings and commute.
Read MoreBelvoir revenues rise as group outperforms market
CEO Dorian Gonsalves reports the Group’s property division saw a 4% increase in core management service fees, with strong lettings performance offsetting a decline in property sales.
Read MoreEconomic turmoil hammering commercial property, agents warned
The commercial estate agency market peaked in 2019 when revenue hit £7.3 billion but then the pandemic struck, shrinking the sector.
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