Portals are refusing agents' request for PTO during the coronavirus pandemic

March 15, 2020
Share this Post: 

The three top portals in the UK real estate market have refused requests to give the industry paid leave to help firms through the Coronavirus pandemic. 

Estate Agent Today was approached by three independent agents exasperated about the prospect of sharply reduced revenue as a result of Coronavirus, which may well stretch over several months.

Amy Dixon, Chief Executive of online agency iMoveHome, contacted EAT on behalf of her firm and the High Street agency James Du Pavey - based in Nantwich and Eccleshall - and the Staffordshire High Street agency Dourish and Day

Dixon said: 

“As agents, we have had the most incredibly difficult 18 months, if we have survived Brexit, we are now to cope with Coronavirus. The market is suffering again and lenders are clamming up.

“The portals, being agents' largest company bill, have done nothing to help agents keep going. Surely now is the time. Mortgage lenders are offering three months payment holiday to anyone affected, interest rates dropped, the government are taking the damage to our economy seriously but the portals again offer nothing. 

“Isn't it time the portals offered agents some ease and recognise they need to help too!

“If they do not react the only survivors will be the corporates - independents may not make it through another tough year of turmoil. James and Steve both run seriously good, award winning independent high street agencies, I am an online as you know - we are all going to suffer as the market spirals into decline.”

Read more here

March 15, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Fotocasa Madrid Buildings
Fotocasa Launches Travel Time Search Tool

The Spanish real estate portal Fotocasa has launched a tool that lets its users search for properties by the time...

Read More
Shutterstock 1965375514 1
Zillow's Listing Pages Get Biggest Overhaul in Five Years

The market-leading U.S. real estate portal Zillow has announced a redesign of its listing pages. According to a press release,...

Read More
Shutterstock 1743401084
CoStar's OnTheMarket Acquisition: Tebb to Remain CEO, Shareholder Questions the Deal

The latest news to come out of Costar's expected acquisition of UK agent-owned portal OnTheMarket has raised a couple of...

Read More
Shutterstock 2200544553
Financial Services Specialist BetterHome Group Increases Shareholding in South African Portal Private Property

The BetterHome Group has increased its shareholding in the South African real estate portal Private Property. According to a report...

Read More

Editor's Pick