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Purple Bricks to trial new fee structure

Purple Bricks will test a new fee model in the autumn in a n attempt to capture more of the UK market.

The online-only estate agent said that it would pilot alternatives to its upfront fee, with options including a split payment between listing and completion.

It had planned to test the new models earlier in the year, but was delayed by the coronavirus outbreak.

The company reported a 23% fall in instructions in the year to the end of April.
The Times (£)

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