From the outset, we have brought a fresh approach to estate agency by combining great people with industry-leading technology and a transparent simple fee structure. The aim was to make the property selling and buying process easier and more cost effective for customers.
Launching with 30 local property experts, Purplebricks grew rapidly region by region, covering the whole of the UK by November 2015. Purplebricks floated on the AIM submarket of the London Stock Exchange in December 2015, raising £25 million to support for growth.
The Purplebricks platform gives buyers and sellers control and transparency: they can book valuations, schedule viewings, give feedback, make offers, negotiate sales and instruct lawyers – any time of the day or night. Sellers can update their sale price and see it change instantaneously across all their marketing materials.
Vic Darvey, was appointed CEO in mid-2019. His goal is for Purplebricks to achieve 10% market share of all houses sold in the UK and shared his vision for Purplebricks to be the only place customers go to buy, sell and let their homes.
Purplebricks is now the leading UK estate agent and has grown to become one of the best-known brands in the country, with prompted brand awareness of 98%.
We have transformed estate agency in the UK, saving customers tens of millions of pounds along the way.