Estate Agents In York

Tuesday, May 7, 2019

Purplebricks boss exits as online estate agent scales back expansion

Michael Bruce steps down as chief executive after firm admits it grew in US too quickly

Purplebricks has ousted its chief executive and said it would pull out of Australia and scale back its US business after the online estate agency admitted it had expanded too quickly.

It is understood Michael Bruce, who founded the company in 2012 with his brother Kenny, stepped down after the chair, Paul Pinder, decided to take action following what he described on Tuesday as a “disappointing” 12 months.

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from Property | The Guardian http://bit.ly/2V9EPvP
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