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So basically this has happened. Purplebricks it would seem are in trouble according to headlines……….but wait a minute!!!! If you read the article/s the headlines seem a bit OTT, in our opinion!!

In the USA they are above their own expectations but revenue might be a bit short? In Australia it’s been vey tough, so they will be a bit short? But Canada is going well and especially in UK where they expect 15-20% increase in growth!!

They have replaced US CEO with Michael Bruce stepping back in and the newly appointed COO Vic Darvey from Money Supermarket steps in to be UK CEO.

Having spoken to key contacts at Purplebricks they are a little perplexed by the overzealous ‘shock tactic’ headlines. In their opinion “it’s just another day of knocking the top Online Estate Agent”!!

So, what’s with the headlines???

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