Purplebricks in the news

A Hamptons-inspired crib in California

This Orange County home, which comes with a library, spa and pool, was influenced by designs from the South and the Hamptons. It is currently listed for $4.6 million…

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Purplebricks launches in New York three months ahead of schedule

After big cash infusion, flat-fee brokerage puts down roots across the Big Apple, New Jersey, and Connecticut, in time for peak selling season…

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Germany's Axel Springer buys 11.5 pct stake in UK's Purplebricks

March 26 (Reuters) - Purplebricks Group Plc said on Monday German publisher Axel Springer bought a 11.5 percent stake in the British online estate agent for about 125 million pounds ($177.65 million). The company said Axel Springer’s investment, which included a 100 million pounds subscription for new shares, would be used for further expansion in the United States, support entry into new markets and widen Purplebricks’ service offering. However, Purplebricks warned its group revenues for the year ending April 31 would be around…

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Real estate agency Purplebricks scores $177 million ahead of NYC move

Real estate agency Purplebricks Group has secured a growth equity investment of $177 million from Axel Springer SE, Europe’s leading digital publisher…

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Flat-fee real estate agency Purplebricks secures $177 million investment to fund U.S. growth

Flat-fee real estate agency Purplebricks expanded into the U.S. last year after building a successful business in the United Kingdom and Australia, and after securing a sizable investment from European media giant Axel Springer, Purplebricks’ U.S. expansion is about to shift into overdrive. Purplebricks announced Monday that Axel Springer is investing $177 million in the company. In exchange, Axel Springer is acquiring 11.5% of the company. According to Purplebricks, the injection of funding will be used to…

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Purplebricks Announces Plans to Launch On The East Coast

NEW YORK — After making its U.S. debut in Los Angeles last year, U.K. hybrid brokerage Purplebricks today announced plans to set up shop on the East Coast…

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Purplebricks: A New Way To Buy And Sell Your Home

SAN DIEGO (NEWS 8) — If you're thinking of selling your home in 2018 - and want to avoid paying a large seller's commission - Purplebricks might be for you. Offering a flat $3,200 seller's fee, the company is hoping it's success in the United Kingdom will take off here in Southern California. Eric Eckardt, the U.S. CEO of Purplebricks speaks to Morning Extra about expanding into San Diego and what sets the company apart…

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No More 6% Commission – These Brokers Will Sell Your House For a Flat Fee

In an increasingly crowded and competitive real estate market, brokers are messing with traditional models, and that could mean big savings for sellers…

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Purplebricks - Your Questions Answered

“Purplebricks - Your Questions Answered” is a video series on the Purplebricks USA YouTube channel, focused on answering the common questions people have about Purplebricks.

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US media

Jason Chudoba and Megan KivlehanICR for Purplebricks in the US(646)-277-1200purplebricks@icrinc.com

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