Purplebricks posts profit in first-half on higher home sale fees
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(Reuters) - UK online estate agent Purplebricks Group Plc reported a profit in the first-half, as it earned higher fees from selling more houses on its website and put forth a plan to grow its market share to 10% in its core market.The company, which uses a low-fee model to win business from bigger, more established estate agents, reported an adjusted operating profit of 1.6 million pounds, compared to a loss of 74.2 million pounds a year earlier. Purplebricks said the losses and costs related..