Purplebricks CEO accuses agents as being "miles behind" on digital personalization

February 16, 2020

Purplebricks' CEO has claimed that agents aren't up to snuff when it comes to utilizing data to provider a more personalized service.

Vic Darvey has given an interview to marketing site The Drum: the piece begins with the peculiar claim that Purplebricks is “coming out on top against competitors like Zoopla and RightMove.”

It then goes on to say that Darvey’s ultimate goal as boss of the UK business is to “bring more transparency” to the house buying and selling process.

The interview refers to Purplebricks’ financial position as “looking up” and Darvey is quoted as saying:

“We’re seen as a frontrunner in the tech space, but we also need to establish ourselves on the virtual high street and in communities.”

The piece says Darvey wants to highlight the fact that Purplebricks has 600 Local Property Experts “who can help it compete with rivals that have a local presence by offering pre, during and post-sale support.”

Darvey says Purplebricks is uniquely positioned to use the information gathered through its website and other digital activities to create an experience that “can’t be replicated on the high street.” 

He says:

“What we’re moving towards will be more akin to providing the experiences you see in other categories. If you look at the likes of entertainment, Netflix is among those using much deeper personalisation powered by [Artificial Intelligence], for retail it’s Amazon Recommends."

Read more here

February 16, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Product Update 28Nov25
Product and Services Roundup: REA Group, Dubizzle, 99.co, Immowelt, Rightmove, Zoopla

This week's roundup begins in Australia, where realestate.com.au has some numbers of its own share...   Oceania: realestate.com.au hits back at...

Read More
Untitled design 17 1
REA Group Acquires Neighbourlytics

REA Group has acquired Neighbourlytics, an Australian data analytics platform that provides insights into local lifestyle trends and neighbourhood characteristics....

Read More
buyrentkenya nairobi skyline
Ringier Sells BuyRentKenya to Rushbox As It Refocuses On African Jobs Verticals

Ringier has sold BuyRentKenya to Rushbox Ltd as the Swiss group concentrates its Sub-Saharan portfolio on jobs and general classifieds....

Read More
Square Yards Q4FY24 Results 2
Square Yards Raises $35 Million at $900M Pre-Money Valuation with IPO in Mind

Proptech firm Square Yards has raised $35 million in a fresh equity round. The round was led by Smile Gate...

Read More

Editor's Pick