The flat-fee brokerage Purplebricks has announced a withdrawal from the United States, two months after shuttering its operations in Australia. It brings an end to a valuation slump for the UK-based residential firm, which charges homeowners a fixed fee, whether a property is sold or not. Since entering the U.S. in September 2017, the company recorded a 75 percent drop in valuation, and reported a $42.9 million operating loss in the U.S for the past […]
source https://therealdeal.com/national/2019/07/03/purplebricks-pulls-out-of-the-united-states/#new_tab
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