How the US broke Purplebricks: Former employees sound off

As the UK flat-fee brokerage exits America, insiders tell Inman that nepotism, mismanagement and market misunderstandings all played roles in its downfall

Purplebricks announced on Wednesday it was shuttering its U.S. operations. The flat-fee brokerage was only live in the U.S. for less than two years, but its departure doesn’t come as a surprise to many former employees.