Guild expansion makes it bigger than Purplebricks, research claims

first_imgThe Guild of Property Professionals may not get mentioned often when the industry discusses online agents other than to wonder what’s happening to EasyProperty.But all of The Guild’s 800 or so member agents have a higher market share of sales in the UK than Purplebricks, it turns out.The Guild’s member agents have the highest market share percentage on exchanges in the UK at 5.55%, some way ahead of Purplebricks, which has at best 4.5%, according to research by market analyst Mike DelPrete.The Research from The Guild, which was completed by data firm Twenty EA, also reveals that its agents collectively have the highest percentage of new instructions in the UK at 5.17%, some way ahead of the next largest traditional estate agency brand, which has 3.8%.The statistics suggest that if The  Guild was an estate agency brand, it would therefore be the largest in the UK.Iain McKenzie (left), CEO of The Guild of Property Professionals, says: “Over the past few years The Guild has seen substantial growth and expansion. As a result, its representation of the current market share of instructions has also grown.“Our vision is to continue to expand with sights set on regions that currently do not have a Guild Member… and to have approximately 1,100 Members to offer full comprehensive coverage in the UK.“We are striving to become the benchmark of professionalism within the industry, and the consumer’s first choice when looking to buy or sell a property.”Purplebricks The Guild of Professional Estate Agents March 14, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Associations & Bodies » Guild expansion makes it bigger than Purplebricks, research claims previous nextAssociations & BodiesGuild expansion makes it bigger than Purplebricks, research claimsThe Guild of Property Professionals’ member agents have a combined market share of 5.5%, some way ahead of Purplebricks, according to research they commissioned.Nigel Lewis14th March 201901,003 Viewslast_img read more