Purplebricks
United States
Sustained growth
High volatility
Early
Seasonal (Nov)
Forecasted flat
Finance
Company
What is Purplebricks?
Purplebricks is an online real estate agency that offers a fixed-fee service for selling and buying properties. The company was founded in the UK in 2014 and has since expanded to Australia, Canada, and the US.
How much search volume does it get?
Google searches
2.9K/mo
Is Purplebricks trending?
Yes. Purplebricks growing with a month-over-month change of 0.29% over the past 5 years, with approximately 2,900 monthly searches.
This is a seasonal trend that peaks every November. The seasonal demand is forecasted to decline over the next year.
Why is Purplebricks trending?
1
Cost-Effective
Purplebricks charges a fixed fee for their services, which is often lower than traditional real estate agent commissions. This makes it an attractive option for sellers who want to save money on the sale of their property.
2
Convenient
Purplebricks allows sellers to manage their property sale online, from listing to completion. This means that sellers can access their account and communicate with potential buyers at any time, making the process more convenient and efficient.
3
Transparency
Purplebricks provides sellers with a clear breakdown of all costs associated with their service, including the fixed fee and any additional fees for optional services. This transparency helps sellers to understand exactly what they are paying for and avoid any surprises.
4
Technology-Driven
Purplebricks uses technology to streamline the property sale process, including online property listings, virtual viewings, and digital document signing. This makes the process faster and more efficient for both sellers and buyers.
5
Growing Popularity
Purplebricks has gained popularity in recent years, particularly in the UK and Australia. This is due to its cost-effective and convenient service, as well as its use of technology to improve the property sale process.
Where is this trending?
Related queries
Related queries
What are people saying?
2 threads
AI Insights
Mixed sentiment
Discussions about Purplebricks revolve around mixed experiences with the platform, particularly regarding the effectiveness of their service in selling properties and the perception of buyers and agents towards properties listed with them.
Agent Perception
Many discussions highlight a negative perception among traditional estate agents regarding properties listed with Purplebricks, which may affect buyer confidence.
Self-Management Benefits
Some users appreciate the self-management aspect of Purplebricks, finding it useful for tracking their listings and offers.
Sales Performance
Concerns are raised about the low number of viewings and sales success when using Purplebricks compared to traditional estate agents.
Communication Issues
Users report frustrations with poor communication and service quality from Purplebricks, including issues with account management.
Buyer Experiences
Potential buyers express interest in the experiences of others who have purchased properties through Purplebricks, particularly regarding the process and any complications.
Common questions
- How much influence do estate agents have on the sale process when dealing with Purplebricks?
- What are the experiences of others who have bought properties listed with Purplebricks?
- Are there significant issues with communication when using Purplebricks?
- Why do traditional estate agents tend to avoid properties listed with Purplebricks?
- What steps can I take if I'm unhappy with Purplebricks' service?
Pain points
- Negative perception from traditional estate agents.
- Low number of viewings and sales.
- Poor communication and service quality.
- Frustrations with account management and support.
- Concerns about the effectiveness of the conveyancing process.
www.ozbargain.com.au
RE:Would You Sell Your Property Privately if The Tools Were Better?
Look at Purplebricks in Australia. They had a ...
forums.bluemoon-mcfc.co.uk
RE:Selling a house advice
Purplebricks offers a fixed-fee selling service starting from £999 (including VAT) for standard listings , designed to be cheaper than traditional estate agents. This fee covers local expert support, listing on Rightmove/Zoopla, and marketing, but typically excludes in-person hosted viewings and is higher in London.
What influencers are talking about this?
Graham McGillycuddy
@grahammcgillycuddy
Real estate expert and influencer known for sharing insights and tips about online property sales including Purplebricks.
Kathy O'Neill
@kathyoneillrealtor
Realtor and influencer who discusses innovative selling strategies like those used by Purplebricks on her platform.
Mark Hayward
@markhaywardhomes
Real estate agent who shares market trends and tips, often highlighting services like Purplebricks.
Sarah Merritt
@sarahmerrittrealty
Real estate agent who provides home selling advice and frequently references Purplebricks in her posts.
James Austin
@jamesaustinproperty
Property consultant and influencer who discusses various selling platforms, including Purplebricks.