It is fair to say that 2018 was an interesting/active year in the world of online estate agents with the demise of Emoov and Tepilo taking the headlines. This is an area of the market which is extremely competitive and while technology takes centre stage, it is volume of business and additional services which support the income model. As you will see from the following infographic created by Property Road the likes of Purplebricks are going from strength to strength while others such as Housesimple are struggling.
WHAT HAPPENED IN 2018?
If you work your way through the following info graphic, packed with facts and figures, this will give you a summary of 2018. You will then find our analysis of this information, how it has impacted the market and what the future holds.
Purplebricks (LON:PURP) is the leading next generation estate agency in the UK with operations in Australia, the US and Canada that combines highly experienced and professional Local Property Experts (Local Real Estate Experts in the US) and an innovative use of technology to help make the process of selling, buying or letting so much more convenient, transparent and cost effective. Purplebricks is transforming the way people perceive estate agents and estate agency.