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Your last login was on: 2013-10-29 10:07:18

CountryLass

Company:
Website:
Are you an agent? yes
Do I do lettings? no
Do I do sales? yes
Do I do overseas sales or lettings? Neither
Job title: Manager
Supplier: yes
Supplier Name:
What do I do?


News stories you have commented on:

331 comments

Posted Date: Friday 5th November 2010
Paying more is rarely a good thing, but especially not when they can't even update my properties properly! I fail to see why I should pay even more money to advertise properties I sold months ago.
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Posted Date: Monday 7th February 2011
I agree Taff, what is the problem with multiple viewings? If it's an occupied house and you are letting random strangers wander round unsupervised then fair enough, but having 3 lots of people view the property within 45 minutes, thats surely not what they are complaining about? For some of my clients it means they only have to clean the house once that week...
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Posted Date: Wednesday 9th February 2011
Most inspirational slogans I have ever seen; 'All of our customers bring us joy. Some by arriving, others by leaving' My favourite however; 'The customer is not always right. The customer can be confused, misinformed, misunderstood, idiotic or bloody stupid, but the customer is never wrong'
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Posted Date: Friday 11th February 2011
Mr Perfect, as an Estate Agent I have to make sure that every word about a property is what a 'reasonable person' may be expected to understand. So whilst you may feel that your superior intellect is being insulted, please allow us to show our vendors property in the best light to those unfortunately cursed with common sense and more brainpower than you. And the descriptions are just that, a DESCRIPTION of the picture. They are there to accentuate the photos and draw attention to what the camera lens does not show.
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Posted Date: Thursday 17th February 2011
Indeed, yes! Let's have everyone putting their property sale in the hands (ultimately) of the Government! Because polititians so far have done a bang up job over dealing with the property market. If the council wants to set up it's own agency purely for the (few remaining) council houses and their tenants/buyers then fair enough, but by undercutting existing agents they are going to be driving the agents out of business, and having the potential for those newly unemployed agents (and admin staff, cleaning companies, board companies etc) to have to go to other areas. This will mean the income for the area will be reduced, and no-one will want to live there! And I'm not saying that if a few estate agents close then the whole area becomes a black-hole of lost revenue and empty shops, but by allowing a council to have it's own version of any industry with all their funding and backing will be good for no-one in the long term.
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Posted Date: Thursday 17th February 2011
"Really all EA's do is post and ad on Rightmove and show people around the house." I am guessing from that uninformed comment you are not an Estate Agent. If you had been a fly on the wall when I have spent days going between buyers and sellers, and their solicitors and any other agents involved in the chain, trying to keep everything together then you would certainly not make comments like that, about subjects you obviously know little, if anything, about.
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Posted Date: Thursday 17th February 2011
Barry, I have to agree with your 'brother' on this bit. I don't know what it is you do for a living, but I am fairly certain if someone came up and classed you as a 'low-skill' industry when they do not see 90% of the work that you do, you would, rightly so, be rather miffed. Today for example, I have updated several of my vendors on why their property hasn't sold, including some rather uncomfortable home truths that have resulted in ME disinstructing THEM. I have also shown some people round houses, spoken to several solicitors and mortgage advisors, plus other agents and repossession agents. In between that, I have been bouncing between an asset manager and a buyer trying desperately to stop the poor gentleman about to exchange contracts from losing his soon-to-be new home. I have arranged further viewings, and spoken to the people I showed round yesterday. To take a break from all that and stop my head exploding, I popped onto EAT to see that I am being lumped in with street-cleaners (not that there is anything wrong with the job before anyone starts!) that I get in the way of negotiations and all the suits I own are cheap. The £60 job I am wearing at the moment had it's feelings hurt on that one by the way. Can you see why EA's get annoyed when people think we don't do anything?
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Posted Date: Friday 18th February 2011
@ BarryChuckle Congratulations, that should double the size of your CV! Just out of curiosity, what is your current job? Diplomat? Customer Service Rep? Walking target? Or has the employment industry caught on to the fact that your interpersonal skills are sadly lacking, and that you have the ability to inspire digust and laughter at your obvious lack of charm and common sense? Either way, do me a favour? Admit that you simply do not like agents, have no knowledge whatsoever of the work and problems we deal with, and then go and play in the traffic.
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Posted Date: Friday 18th February 2011
yup, nice to see something to make you laugh!
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Posted Date: Friday 18th February 2011
@ Patricia I like it! will have look at that more when I get home!
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Posted Date: Friday 18th February 2011
If you would like to see more of the 'hilarious' BarryChuckle's blinkered view of our industry, look at the news story regarding council-run agents. Although I hate myself for being fair to the obnoxious twerp, the comments on there also explain the 'to you..' comment See Barry? That is how ADULTS communicate
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Posted Date: Friday 18th February 2011
Well Barry, thank you for your opinion. Unfortunately it is not shared by my employer I must admit, and I will admit to being slighly unsure of why you seem to believe I am worth that amount. Could it possibly be due to the fact I have tried my utmost to respond politely to every bit of abuse you have thrown at me, my colleagues and my profession in general? I am still curious as to what industry is blessed by your presence though.....
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Posted Date: Friday 18th February 2011
C'mon Barry, don't you know it's rude to keep a lady waiting? Surely you can't be embarrassed to tell me what you do for a living, I'm an Estate Agent remember?! @ @country lass, nice name! They do say imitation is the greatest form of flattery, so thanks!
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Posted Date: Friday 18th February 2011
Never got the hang of Twitter I will admit. One of the surveyors keeps hounding me to try it, but I'll stick with Facebook! I knew that's what it means in the message, got confused when it came up as your name. Guess that means I'm not worth the £50k after all! Sniff, sniff. So does that mean that people would be suspicious if an 'ugly' person with an M3 kept parking on someone's drive?
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Posted Date: Saturday 19th February 2011
@ average joe - I have GCSE's, AS Levels and A Levels, plus three industry qualifications (not counting the Rightmove online training) And I don't always wear a suit to work. Whilst that may have been true in the past, Estate Agentcy is changing, and attitudes like that are part of the problem.
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Posted Date: Saturday 19th February 2011
@ average joe Ok, so you know the rep we Agents have to put up with, and you are aware of the property market as well. You say that you did say you agreed with your dad, but that was nowhere in your original post. Can you see why Qualified Agent and myself automatically assumed you did? Otherwise why mention it? We have aduty of care to our vendors to get them the best possible price in a reasonable timescale to suit them. That means if a vendor wants to sit on the market for a year to get a few thousand more then that is their decision. Unfortunately decent agents like myself (I hope) still have to work with the kind of 'wide-boy' back alley dealers who created the reputation I am forced to live with. They will put property on the market at a stupidly high price (playing on the greed of the vendor) time them into a long contract period (playing on the naivete of the vendor) and then spend the next 6/9 months forcing them to reduce their price to sell in the timescales they are stuck with (playing on the desperation of the vendor) So when an Agent like myself comes along, with a reasonable marketing appraisal (NOT valuation) that will allow them to clear their mortgage and have the deposit for their next place, and a good chance of doing so in their timescale, not mine, I am thrown over for the agent pandering to their greed. At the risk of sounding like a young upstart, it is partly the older Agents (not all of them) that are causing the problems in this industry. The market has changed, more information is available and both buyers and sellers are more clued up. Usually. Deal with it or drown. Phew. Rant over. ;-)
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Posted Date: Saturday 19th February 2011
I'm curious as to how you feel I attacked you? No, honestly I am. As far as I was concerned it was the type of debate I've had with many of my friends (none of whom work in property btw) My first post in response to your comment was to point out that in that respect, your father's comment was wrong. I probably would have said something similar if you had said that hairdressing is for girls who can't pass exams. In all honesty, if you read a post like that about your own industry, with no other explanation or comments, can you honestly say you would have thought differently? Ok, so you may not have responded but that is all part of what makes humanity great, different reactions. As to my second post, you did touch a nerve there I will admit. I can also admit that I actually AGREE with having some sort of licencing for Agents. It would get rid of some of the stigma we face, by getting rid of the bad apples and giving us a more professional platform as you put it. I just don't think it will happen anytime soon, unfortunately. As I put at the end, it was a bit of a rant, not neccesarily directed at you, just in general. Once I started, it just kind of snowballed.
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Posted Date: Saturday 19th February 2011
Thanks for that, probably the paranoia playing up again! ;-D Agirl I went to school with is training to be a Quaintity Surveyor. At the risk of sounding a bit dense, what is the difference between a Chartered Surveyor and a Chartered Quantity Surveyor? Everyone slags off their job, it's like family. I can say what I wasnt about my brother, he's my brother. You even mention that his hair looks daft (it does) and i'll jump in to defend him. Usually! Enjoy your weekend too!
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Posted Date: Saturday 19th February 2011
Oh, cool. Thanks for telling me. Won't feel quite so lost when she tells me about her course now! Still probably won't understand about 80% but hopefully I'll look less poleaxed!
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Posted Date: Monday 21st February 2011
Ok, as has been pointed out before, this is an open site. Everyone is entitled to their views and opinions. @FTBers of the UK - Do you hear us attacking your line of work? No. Do you hear me questioning exactly why you seem to believe you can insult anyone you choose under the guise of 'speaking for everyone'? No. In fact has ANYONE on this post treated you with the complete and total lack of respect you have shown to this industry? No. In fact, if you have read some of the other posts on different stories, you would realise that many of us would like to change the way this industry is run, but the world doesn't work that way. At the end of the day, this site is here to inform people of news in the property industry, and to allow discussion on those topics. The issue here is not whether you believe that the government and banks 'stole' your money. As I am a fair-minded person, I will say that I am unhappy about the way the banks and the system are treated, however what can I do about it? Will life magically be made be better by abusing random people who, at the end of the day, did not cause the problems and are suffering the same as you? Please bear in mind that your comments may cause offence, and whilst you are being so coarse and confrotational it is highly unlikely anyone would wish to speak to you.
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Posted Date: Monday 21st February 2011
You know what? Fine, you want an answer to that read it yourself. You talk about the banks and the government stealing your money. You talk about debt tranfers and you mention houses three times. Once to talk about prices in general, once about how you can't afford to buy, and once about your neighbours house. How is any of that my fault? Did I ask people to lie about their income to support a stupidly high mortgage? No, I actively tried to talk people out of it. and yet YOU dare to 'speak' to me that way? You, who has taken no regard for the thoughts, opinions or feelings of those who may have seen your pathetic whining? You do not know me. You do not know my history, my morals or my beliefs on anything. And to be perfectly honest, I wish that you had done as you said and deleted this page.
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Posted Date: Monday 21st February 2011
@ Ray Evans - Thank you
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Posted Date: Thursday 24th February 2011
Am I the only one whose description of the property listed the The Queen's link appears to be in latin? I'm pretty sure most buyers won't be able to read latin.
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Posted Date: Friday 25th February 2011
@ Mike Thanks for letting me know, I was worried my brain had finally melted at first! Just to keep this on topic, I would never advice anyone to go for the cheapest of anything, the same as I would never pay the highest for things. Plus, I think most people like to deal with an actual person, I know I do. I like knowing I can go to an office and speak to someone face to face. If I could only deal with an online agent/insurer/service-of-any-kind I think I would be more likely to go elsewhere.
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Posted Date: Friday 25th February 2011
Ok, I know my maths is bad (as is my Latin and computer-speak apparently ;-D) but if they have 28 offices in London and 2 in Surrey then don't they already have 30 offices? So wouldn't the one due to open next month be their 31st?
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Posted Date: Saturday 26th February 2011
My take on the whole '50:50' issue isn't that PeeBee is saying that any property that comes on either will or will be sold at any price. He is saying (I think) that when a property comes on it either will or won't sell. The only variables in the equation are 'how much' and 'who to'. And 'how long' too I suppose. And he's right. Put a motivated vendor on the market and they WILL sell, if they can afford to. If not the property WON'T sell. Think of it like a coin. You flip it in the air and it will bounce around and land on either heads or tails.
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Posted Date: Saturday 26th February 2011
@RR - To start, not all agents over-value. I try to give an accurate idea of what they 'should' be able to get, and what the marketing price needs to be to get as close to that as possible. I also agree a marketing strategy with them before marketing the property. I also don't have a 16 week tie in. I don't have a tie in period at all. The best way to persuade a vendor that you believe the figures you are quoting them is to PROVE you believe it. I do agree that a property that on for too long is unattractive though.
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Posted Date: Tuesday 1st March 2011
'Oh, and by the way; my earlier conclusion stated that too many estate agents deliberately overvalue properties they want to take on. When are you guys going to DO something to correct that? It's messing up the whole market and putting some people out of business. It's also causing a lot of grief to a lot of your clients - have you thought about that? I suspect not.' RR, I fully agree that too many Agents over-value, but if you look through most of the posts on this site, so does pretty much everyone else on here. If you can think of a way to stop it, please feel free to share! Asking when we will do something to correct it sounds to me like us asking you when you will do something to stop racism (as an example). Most people agree that it is out of order and should be stopped, but unless you want to brainwash every single person on the planet, it won't happen. I expect most of the Agents on here DO try and stop other Agents from over-valuing, but there is only so much we can do. And please, 'worried by the dawning of new ways to sell and let property direct online'? It won't happen. People buy from PEOPLE! The personal skills most Agents possess are what makes us good at our job. The ability to hold someones hand as we guide them through a difficult and stressful time, to give them a sounding board for worries, and a person to be happy and excited with as they take the next step towards the rest of their lives. With you, they may as well deal with the Terminator.
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Posted Date: Tuesday 1st March 2011
@RR First of all I would like to question the 'estate agents' part of your question. Although the industry as a whole is bearing a share of the criticism, I do not believe that ALL Agents are responsible or guilty of causing the problems. I will only tell you of things I have come across myself, and the blame does not lie soley with the Agent. I do not think it is Estate Agents themselves that are stopping people from moving, more the market itself (which is not helped by Agents, I grant you) Part of the banking crisis was us following in America's (frankly daft) shoes and offering NINJA mortgages. No Income, No Job or Assets. Basically giving someone £100k who has no way of paying it back. Not helped by Agents asking how they intended to repay the mortgage, but the blame for that mainly falls on THE BANKS. I also know of one independant who, when offering mortgage advice, sent all their buyers to an IFA with the instructions, tell him you are self employed and he will tell you what salary you need to put down to buy. Partly THE AGENT, partly THE IFA and THE BANK. High house prices. If I came out and told you that your house was worth £230k and that I was confident of getting an offer close to that by the timescales you set, would you listen to me? Or the person who came round and told you it was worth £250k? Most vendors go on with the Agent who says they can get them the most, even if they are lying through their teeth. Soemtimes they will come to their favourite Agent and ask to go with them at another Agents price. At the end of the day we provide a marketing APPRAISAL. We do not give a valuation, that it what RICS do. We give a price that we believe will attract interest and get an acceptable offer. Yes, as we have discussed (at length) the fact that Agents have a bad reputation, which will involve some people not trusting us, or our experience. So, in conclusion, SOME Agents have smoothed the way for mistakes to be made. SOME Agents have over-exaggerated the prices and the market. SOME Agents have been party to what can only be described of as fraud, in order to hit a target and gain their commission. and hopefully most of those Agents are struggling in the current market.
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Posted Date: Tuesday 1st March 2011
@wardy. Wow, I didn't think an actual person came up with that genius plan. I figured anything so patently stupid and unworkable must have been the expensive product of some government think-tank!
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Posted Date: Wednesday 2nd March 2011
I think this is actually quite a good mortgage. Yes, the repayments and affordability is high, but the biggest issue buyers keep talking about is lack of money for deposit. There are people out there able to afford £900-£1000 a month, they are normally called 'tenants' I speak to so many tenants who would love to buy, but are still trying to save for the 15% deposit. As long as NR keep an eye on the affordability and credit-risk of EVERY applicant, I think this will be a big help. Unfortunately @Ian, I don't think we will be seeing 95% LTV anytime soon, as there is a greater risk of negative equity with them, as the prices are less than rock solid. They are good deals though, and I think in the future they will be back.
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Posted Date: Wednesday 2nd March 2011
@Ian, I hope that we won't see an increase in prices. In an ideal world, the greater number of FTB's would stimulate those who need to move coming on to the market, and then the extra properties would still need to keep their prices competetive, as the higher repayment costs would provide a 'ceiling' to what the new 90% buyers could afford. However, I realise that this is not an ideal world. At the moment, it seems FTB's are what is missing from the market, and the few there are, seem to be buying the 'cheaper' properties, usually probate, repossessions and ex-rentals. The sellers of those are not moving on, so we have ended up with a bottleneck. Once we can get people able to afford those, at a price the vendors can afford to sell at then the market will start moving again. I do speak to several tenants who would like to buy, as they resent paying someone else's mortgage, but when I go out to value proeprties with tenants, they sometimes try and buy the property themselves, but can't get the finance, as they are paying large some for rent and haven't been able to save 15-20%.
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Posted Date: Wednesday 2nd March 2011
@ Neil Robinson, although I agree with many of your points, I think you may be underestimating how easy it would be for a young couple to stay at home with mum and dad for 2 years, saving £500 a month. My brother is currently living with his fiancee, at her parents house with their 2year old son. To say that the situation is stressful is an understatement. They are trying to save for a deposit at the moment, but I doubt they will be able to get £12k in 2 years. I do agree with @James though, most people suffer from impatience for things they want, and I definitely count myself in that category.
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Posted Date: Wednesday 2nd March 2011
'I take your point that neither you nor Wardy appear to have actually stated the name Property Match in this particular blog, very clever of you. However, you were clearly referring to it, whereas I was not intentionally doing so, in any of my posts beforehand. ' If that is the case, why did you take the time to put (UK) after each mention? I took a look at your webiste earlier today, whilst waiting for a viewer to show, and the one thing that struck me overall? The pettiness. You might as well have called it ihateestateagents.com You have a different view on the market and how you believe it should be run. For some people, your way may (MAY) work. For everyone else though, it would cause a massive rise in the sale of anti-depressants, hair dye and ulcer medication.
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Posted Date: Wednesday 2nd March 2011
@ Neil Robinson I fully agree, people do need to save earlier for things like this. I am a classic example of that. I bought my first place with my boyfriend (now husband) about a year after we got together. I hadn't saved anything, he had, but not enough for a deposit, so we used the Homebuyer scheme (before they changed the rules to new-builds only) and got a loevely 2 bed flat, for much less than we were offered by the bank. If I had saved earlier, it would have been much simpler to buy, and better for all concerned. As it is, when we look to sell, 25% of it will go back to the HA, leaving us without a deposit, so we are forced to stay for proably another 3/4 years.
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Posted Date: Wednesday 2nd March 2011
For anyone questioning if people prefer to rent rather than buy, check out the archived article from 2nd Feb 'A Lifetime Of Renting?'
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Posted Date: Wednesday 2nd March 2011
It is good to see some positive stuff, not just the news article itself, but that (bar a few minor things) people are agreeing!
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Posted Date: Wednesday 2nd March 2011
Silence from Realising Reality...... Interesting.
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Posted Date: Wednesday 2nd March 2011
@Neil Robinson At the moment I only deal with Sales, but I have dealt with Lettings in the past. I am perfectly willing to concede that my opinion may be slightly biased. This country has always seen owning property as a sign of wealth, of maturity and of security. Rental has, in recent times, been seen as 'old school'. To a certain extent it's a subtle (usually unconcious) form of telling previous generations that we are 'better' than them. We are richer and therefore can afford to pay a mortgage and purchase a home. Many people, myself included, do not want to rent a property, we prefer to know that we will be able to live in the proeprty for as long as we choose and decorate and renovate as money (and Councils) allow. Neither is the 'best' option and I think there will always be people who can't/won't buy. I do feel though that landlords have a too large share of property in some areas.
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Posted Date: Wednesday 2nd March 2011
@Aceofspades I was referring more to that fact that he was 'unintentionally' mentioning the whole business name, rather than the shortened version most people would use. Purely accidentally obviously....... As I said, I think he may have Realised the Reality that no-one is paying attention to his opinions!
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Posted Date: Wednesday 2nd March 2011
Obviously a slip of the tongue @Aceofspades, I'm sure you just meant to point out you were going to have a glass of coke!
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Posted Date: Wednesday 2nd March 2011
Thanks PeeBee! Almost decided to give up after the whole BarryChuckles/ FTBers of the uk debacle! Took me about four attempts before I wrote a post that wouldn't have been deleted for being abusive and vulgar. The air in the office turned blue though.
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Posted Date: Wednesday 2nd March 2011
I think this is one of the least confrontational threads I've come across! So nice to see everyone (almost) playing nicely. And people say Agents are back-stabbing sharks!
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Posted Date: Thursday 3rd March 2011
Harry, to start with NR aren't talking about less stringent lending, they are simply trying to help FTB's who haven't been able to save a 20% deposit get on the ladder. As Ric mentioned, these people will generally have a good credit track record anyway, if not then they wont be able to get that mortgage and will have to go for a different product. It's helping people get started, not irresponsible lending. I have little doubt that NR underwriters will be going through every applicant with a fine tooth comb. People will only have to look at remortgageing if they take out a 2 year deal. If they think they will want to stay for longer, they can take out the 5 year product and see what the market is like then. To agree with Ric again, you are buying a HOME, not an investment. it is not anyone's 'right' for a property to gain £20-30k within 2years of buying. In fact, most properties don't increase by that much for many years.
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Posted Date: Thursday 3rd March 2011
RR, if I came to value your house, and told you that although houses recently have sold around there within the last 6 months for £250k, but that buyers can only afford to pay £180k for a house like yours, would you be prepared to take that? If so, I think we need to contat the Vatican to get you sainted. Most decent Agents tell their vendors a MARKETING APPRAISAL. They give them a guideline based on what the recent area has been like, the interest levels, other property prices and their time on the market, and the sold prices. They will also give an estimate of what they THINK the offers will be on the property. They will then keep in touch with the vendor, updating them on interest and feedback, and then let them know if the price needs to be adjusted, and to negotiate with them to accept the best offer the Agent thinks they are likely to get. If a property is over-priced, then it won't sell it's as simple as that. A property is worth what a buyer (and RICS mortgage survey) thinks it is. And I do think that there are things that need to be changed with Estate Agency, and I freely admit that. I also think that Northern Rock's 90% mortgage will help see more of a turnover of properly financed buyers.
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Posted Date: Thursday 3rd March 2011
RR, you have said people on here haven't answered your questions, but you haven't answered mine. As a vendor (not connected with the property industry) would you be willing to drop £60/70k to help out someone you have never met. To sell of your biggest assest cheaply because that's what someone with a property website was telling you to do? You accuse Agents of artificially keeping prices too high, and yet you are deliberately trying to drive them down. Every word you type reinforces my opinion that you do not know what you are talking about. Smell the 'coffee' yourself. If zoololgists tell you some thing walks, looks and sounds like a duck, it's a duck. you are a duck.
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Posted Date: Thursday 3rd March 2011
This is just another option that people are being offered. If someone wants to purchase a home using this product, and their affordability and credit history is acceptable, they should have the choice to take the mortgage. If they decide they want to purchase a property at that rate, and there is no reason to suspect that their financial situation will change then great. Unfortunately this product doesn't come with a crystal ball to see what the house will be 'worth' in two years time though. I know of some Agents that do try and find the best property for a buyer, not just the most expensive by the way. If someone HAS to be in a certain area, for work or school, then demand will mean they have to pay more for it.
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Posted Date: Thursday 3rd March 2011
Wardy - thats a blooming good point! Why are mine on there too? ESPECIALLY THE ONES THAT HAVE SOLD!!!!!!!! and reduced their price btw Mr-Price-Houses-Properly. RR - I was wrong in my earlier post, you are not a duck. That is an insult to ducks. You are a parasite.
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Posted Date: Thursday 3rd March 2011
Grow up RR. You have blasted us for not answering your questions, and dodging the issues. And yet when it comes to the small matter of you breaking the law, suddenly its all fun and games, and that 'ooh we might hit 100!' NO ONE CARES We are far more concerned that your childish, spiteful website is slamming agents in general, WHILST you are advertising properties you have no right to. Wasn't there a link on her about that a while ago? I'm sure I remember 'copyright' being mentioned too. If you're really lucky you may get sued for breach of copyright too!
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Posted Date: Thursday 3rd March 2011
Harry, they aren't knowingly selling a product to put people into negative equity. It is a possibility yes, the same as them winning the lottery the day after they move in is a possibility. You can't say that this will or will not help the housing market recover, the same as I can't. You can however acknowledge the fact that this MAY be what is needed, as long as the buyers are sensible about what they purchase, and take advice from a proper FSA regulated advisor. I have.
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Posted Date: Thursday 3rd March 2011
I fully agree on the Human Aspect comment PeeBee, even more so one the 'missus' comment. One of my friends is EXTREMELY whipped (and I say that as a friend of his wife's too!) She saw the road she wanted, near a 'prestigious turning' and decided to pay a stupid amount of money for a property with a drive a mountain-goat would struggle to climb. Tried to talk her out of it (when they bought it about 3 years ago) but what do I know, right? Now her husband is struggling for work and they need to remortgage, but the place keeps getting down-valued.
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Posted Date: Thursday 3rd March 2011
*Sob* Over 100 comments and no RR to celebrate with.. *sniff sniff*
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Posted Date: Thursday 3rd March 2011
You answer my questions, and I'll decide if you are worth the mental effort for me to answer yours. if I came to value your house, and told you that although houses recently have sold around there within the last 6 months for £250k, but that buyers can only afford to pay £180k for a house like yours, would you be prepared to take that? If so, I think we need to contat the Vatican to get you sainted. And more importantly, WHO gave you permission to put my photos on your biased, outdated and unimpressive website? Man up and stop throwing mud to distract from your own failings.
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Posted Date: Thursday 3rd March 2011
RR when I am near a computer, I will respond. I am currently on my phone
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Posted Date: Thursday 3rd March 2011
Sorry about the delay folks. Right Mr R, what has you confused? All the historical stats (such as land registry sold stats) show is that previously people were able to purchase a house at that price. Things change. Therefore a buyer may not be able to pay the same amount for yours as 6 months ago. So say you need to sell your house within 3 months and someone comes along and offers £60k less (your figures, not mine) are you going to take it? Of course not! And 2) they are my pictures, my listings and my descriptions. Get your own.
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Posted Date: Friday 4th March 2011
RR - You ARE alive. How wonderful. Care to pop back over to the previous debate and answer my question now?
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Posted Date: Friday 4th March 2011
Sceptic - I agree. 90% is one thing, but I don't think the market is right for me personally to risk a 95% mortgage, especially with those fees and interest rates. Give it a year, and I may be singing a different tune (badly no doubt).
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Posted Date: Friday 4th March 2011
A response from RR, when I e-mailed his 'website'! Hello Country Lass, You said: Right Mr R, what has you confused? Nothing. All the historical stats (such as land registry sold stats) show is that previously people were able to purchase a house at that price. Yes. Things change. Therefore a buyer may not be able to pay the same amount for yours as 6 months ago. Yes, if prices have fallen. When they have fallen, you, as an agent should be mindful of that, and take that fully into account in any appraisal, assuming you genuinely plan to sell the house for the price you take it on at. So say you need to sell your house within 3 months and someone comes along and offers £60k less your figures, not mine) are you going to take it? Of course not! If the value has fallen, I would 'have' to take the lower price. This just needs to be carefully explained to the vendor-client, by someone who fully understands the position and can explain it. All good agents should be able to overcome a sales objection of this nature. Of course, if the vendor is also buying elsewhere, the same (lower) values will apply so s'he shouldn't be too far out of pocket as a result. I hope this helps. If there are still matters we appear to disagree on, I'd suggest you, me and perhaps one of the others all met up sometime, if it not too far. Are you all up North? It's an idea anyway, because I don't want disagreements and I doubt you do either. There should be a way to iron this out for everyone's benefit, I would have thought? We don't 'scrape' info., by the way. We only use what is legitimately findable online, for the benefit of all Internet users. It's part of the service we, like others, offer online. With regards, Peter Hendry
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Posted Date: Friday 4th March 2011
And my reply.. You honestly don't understand my point do you? Vendors will not accept that. It is a 'keeping up with the Jones' thing. You are telling EVERY SINGLE vendor to take 60% off the price. In the case of our fictional house, that would be £150k. It is attitudes and 'ideas' like that that risk destabilising the market. Do you think ANYONE in their right mind would try to sell in that scenario? People would not look to sell at all, Agents, Surveyours, Conveyancers, Removal firms etc, would cease to exist (that includes you by the way) and we might as well just napalm the whole country. Can you imagine what would happen? Take away your prejudice towards my industry and allow yourself to picture the scenario. Jobs will be lost. People can no longer move to find work. People will have to remortgage on assests that have 'no' value, so they will be stuck paying higher mortgage costs. They will fall behind on their repayments and be repossessed. Except.... Either no-one will buy them OR bidding wars will erupt, 'distorting the market' as you put it and seeing studio flats go for more than a 6bed in London is currently marketed for. And then it starts again, when those people need to move to find work. Did I ask you to put out-dated information on your webiste? No. Do I want you to? Hell no! As Wardy and others pointed out, the information you are providing is incorrect, inaccurate and illegal. And unfortunately I have no interest in meeting with you. No, I am not from the north. I would however be interested in seeing your replies to PeeBee's questions, as you did say you would attend to him afterwards... CL
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Posted Date: Friday 4th March 2011
'The Troll' has responded.....
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Posted Date: Friday 4th March 2011
PeeBee, my darling, I am sorry to cause you distress by spurning your advance but I feel my husband would not approve either! I did notice the post by Jonnie, and wondered if it was the person you mentioned. I'm looking forward to it! Still waiting for a reply to my e-mail though. Just cause someone's down is no reason to stop kicking them! (and before anyone questions my sanity in providing my e-mail address to 'it', I created a new hotmail address just for him!)
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Posted Date: Friday 4th March 2011
PeeBee - ONKΌDIS ?? What does that mean?
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Posted Date: Friday 4th March 2011
Maybe all you need to do to get the full glass is negotiate properly hun! ;-) Just don't think that you'll be getting 60% off. I'm glad I decided to start posting, being reading you guys for months, then figured I would see if I could keep pace with you all. Pleasantly surprised that I don't seem to be doing too bad so far!
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Posted Date: Friday 4th March 2011
EL S - No, I think the FTB 'strike' will last until they believe that they can safely afford to buy. People are making offers on property all the time now, even on rental, which is driving some people I know mental. Once they have a sufficient deposit (or mortgage deal which means they can have a smaller deposit) they will view and offer on property, which the vendor make take, and move the market forward. Fortunately some people are understanding that a house is not a get-rich-quick option now, and are willing to buy somewhere and wait til the prices are better before they sell. Because FTB's are getting older (I think the average age is 27 now) they are more wordly and have a better grasp of the future and haggling.
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Posted Date: Friday 4th March 2011
Sorry Sibley, my information was obviously out of date! If you decide you want to wait until prices are 'sensible' then good for you, hopefully you wont wait too long. You are obviously in a position to do so, whereas not all FTB's are. And most of them are clever enough to realise that for a first property they will have to scale down their expectations and look for a cheaper property, rather than buy a place at the top of their budget. (I wasn't insinuating that you are not clever btw)
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Posted Date: Friday 4th March 2011
Brit1234 - in that case, you are probably looking for the 'wrong' type of property, or in the 'wrong' area. I see people determined that they want a house, rather than a flat, just because they don't know if the neighbours will be noisy, or they don't know what the service charge will be next year. I also see people determined to have a certain postcode, but unwilling to pay the price for it. If you want the swankiest area in the most expensive little village then of course the price will be high. I do realise that you may have to have a property type, or a location for a reason, and if that finds you outside of your budget, then you have my sympathy. I had the same thing when I bought my first place. I wanted a house, with 2 reception rooms, a driveway (garage if possible) and a back garden. I wanted it on a nice new housing estate, close to the canals and wildlife filled marshlands in my area (Yes, as you can guess I did live out in the boondocks. They still have meetings in the village hall for Pete's sake) What did I end up buying? A 2bedroom flat with one reception room, needing a new kitchen and bathroom, and the closest flora is the weeds growing in the carpark. Humans adapt, it's what we have always done. If you have job concerns, then of course you should not look to purchase, I have too many repos on my books and don't want to risk yours becoming one of them. However, if you are just waiting for your dream home, complete with butler, for half of nothing then it may be a long wait.
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Posted Date: Friday 4th March 2011
Sibley, I think you are suffering from a touch of blind, well selfishness to be honest. Not purely on your case I hasten to add, but for all first time buyers. Everyone pushing for prices to fall more seems to be either a FTB or BTL investor. Or an idiot, like someone we were talking to over the last few days. You are all saying that YOU want rpices t fall so YOU can afford to buy. What about the poor beggars that already own them? If it is an investor looking to make £20k with an Ikea kitchen, then yup, hack the price at the knees, I'll even lend you the sabre. But waht about a person similar to the one you are aspiring to be? Imagine Jack and Jill Hill. They bought their lovely little 'starter' home, planning to stay for 6-7 years at least. Then a job change and an dodgy mussel puts paid to that, and suddenly they need to move areas and get something to fit their expanding family (and Jill's expanding stomach) So they put it on the market at a fair price, a few thousand above what they paid to be fair, but hey, they'll take offers. And then all these nasty people start saying that prices need to fall by 40% so that THEY can purchase Jack's house cheaply! Does that seem fair to you?
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Posted Date: Friday 4th March 2011
6 years ago actually, but in my job I see people like Jack and Jill all the time. I realise that you can't be held accountable, and I am not for one moment suggesting that you should pay for mistakes that others have made, sorry if that's how it came across. I just get SOOOOOO irritated by people trying to benefit at someone elses expense. If they bought at a reasonable price for the market then, and are looking to sell at a reasonable price for the market now, then I fail to understand why they should have their price slashed so dramatically, from a fair price in the first place, just so some greedy investor or FTB (not you, and not all of them) can make more of the profit they are 'entitled' to when they sell in the future.
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Posted Date: Friday 4th March 2011
PeeBee was right, I like you!
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Posted Date: Saturday 5th March 2011
Brit1234 - First off, not all shared equity schemes are scams. (I say not all as I don't know which company is doing the one you refer to) they are a way for people who can't buy any other way to purchase. And to be honest, with a 25% deposit, most of the ones in my area would discount you as being able to purchase on the 'normal' market. MAy I ask which area you are looking in? I realise people don't like giving out personal information on formats such as this, so I understand if you don't want to. It could simply be that the area YOU are looking to buy in has an abundance of (crappy) Agents who have overvalued everything, to maintain that all-important market share. Wher I wrok, there are plenty of FTB friendly properties, just not that many willing to purchase, partly due to people telling them prices are going to drop by huge amounts in the next few months.
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Posted Date: Saturday 5th March 2011
RR, if Joe Public came into my office and started spouting the mishmash of random thoughts and untenable ideas as you have here, with the attitude you have towards my chosen profession he would be courteously asked to leave. If he continued, he would find me more than happy to assist him out the door with a stiletto up his rear. How many people on this site agree on everything? Agents and non-Agents. And yet, for the most part, the debates and exchanges are polite, professional and informative. You however, insist that we are rude, childish and unhelpful and don't know what we're talking about. Excuse me for not fawning over you and agreeing with your every word. *curtseys*
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Posted Date: Saturday 5th March 2011
Pam, what does DSEG stand for? The only relevant one I have been able to find is Department of Social and Economic Geography. Just out of curiosity, HOW are your transactions better than your competitors if you are telling FTB's (y'know the ones normally found at the bottom of most chains) not to buy? What happens in summer then? Are you planning to tell them to wait longer, as prices will drop further as people try to sell and move before Christmas? Oh, but don't forget, then lots of people decide to move after Christmas, so there will probably be an influx of new houses which will drive the prices down again....
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Posted Date: Saturday 5th March 2011
And of course, in your scenario RnR, the parents and grandparents willingly donate all the money they have made on their current properties to charity, rather than leave it to their relatives, to be used for deposits/holidays/new car.
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Posted Date: Monday 7th March 2011
Wow. I would never have been able to tell them that!
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Posted Date: Wednesday 9th March 2011
As a woman in this industry, it is a very good idea. iPhone have something similar, but a lot more complicated. It's an app where you either shake the phone (whilst running one presumes!) or press the big 'panic' button in the middle of your screen. It sets off a god-awful wailing racket and if not deactivated with a security code within 30 seconds automatically calls the emergency number you have pre-programmed and also records everything. Bit of a nuisance, but the idea is sound. I agree with Micheal though, especially if you are on a contract, your provider could set it up for free as long as you can prove you fall into a category that needs it.
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Posted Date: Wednesday 9th March 2011
My word, I go away for three days and it all kicks off! It's as I 've said before, if you feel you are priced out then you are probably aiming too high. To go back to the car analogy, how many people actually had a nice shiny, brand-spanking new car with A/C and CD player for their first car? That's why it's called a ladder, you climb up it getting bigger/better/nicer as you go. Simon, Great, you went to Uni and got a degree/masters/PhD/whatever. Brilliant, well done (no sarcasm there btw) I didn't. I did college then entered the job market full time, and started saving for things I wanted. After getting some Government help, I managed to purchase my first place. Do I complain that my lack of uni experiences has devalued my life, or made me less appealing as an employee? No, I made my choice and I'm happy with it. You had however-many years of fun at Uni. You (presumably) made many friends, and learnt lots of things which you should hopefully be able to use to get a good job, eventually paying a lot more than I make I presume. Give it time, if you are right and prices drop, you will get a really nice house at rock bottom prices, which you can then cash in on in the future when FTB's at that point claim they are priced out. You ARE correct that the housing situation is caused by greed though. Vendors greedily want lots of money for their house, buyers greedily want to pay as little as possible and some mortgage lenders greedily want to rake in as much as they can. As PeeBee said, it's human nature to want everything for nothing (excuse the paraphrasing there please)
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Posted Date: Wednesday 9th March 2011
AC, I agree! It's still a lot of money, but in reality it's a drop in the ocean.
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Posted Date: Wednesday 9th March 2011
Oh, trust me, it is god awful. somehow managed to set it off by accident and nearly had to go get changed! Some of the other ideas I've used are the standard rape alarms (very unflattering and not helpful with building rapport with flourescent plastic hanging round your neck) and a codeword to use with the office. You 'suddenly' realise you will be late to your next appointment and call the office to get them to speak to Mr code-word, and they then call the police. All of these have flaws, and NO system is going to be perfect. Hence the sharp heels, long nails and keys held in between the fingers.
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Posted Date: Wednesday 9th March 2011
It's never going to be a perfect system, but with things like this, and proper, common sense practices we can minimise the risks. I have lost count of the amount of times I have lost my temper at people expecting me to go out to appointments with no name, contact number or address or information whatsoever. I always make sure that I ask the person to confirm their name before shaking hands or entering the property. And call the office in between appointments, even if it's just to moan about the weather! And for the love of all that's holy, NEVER tell people they are your last appointment! I know of one lady who did that. She told the MA she was going to that he was her last appointment for the week, and he asked her to park her car behind the house. When she had done so, she walked in, he locked the door behind her and asked her what she planned to do now, as no-one would miss her at work til Monday. He was a policeman trying to prove a point, and doing so very effectively I feel!
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Posted Date: Wednesday 9th March 2011
Oh hun, trust be, the hair on my head isn't naturally blonde! It was a warning story told when I first started with my current company. There are policemen in my family who have taught me some self defence and basic blinkin' common sense too! I did punch a bloke in the the throat for trying to corner me though..
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Posted Date: Wednesday 9th March 2011
And with the wonders of loudspeaker, there could be a security question eg We are ordering lunch from Mcdonalds, do you want a BigMac? or something similar to that.....
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Posted Date: Wednesday 9th March 2011
'on the day they move into their new home' my left foot! I once gave them three weeks notice of the moving date, and it still turned up late! The idea of it is fantastic, but I don't plan to use it again in a hurry...
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Posted Date: Wednesday 9th March 2011
And unfortuantely PeeBee, Mr Hendry has still not answered my e-mail. sniff. And he thinks Agents are unprofessional....
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Posted Date: Thursday 10th March 2011
I know, it's almost enough to make my last feeling lie down and die! But that would be letting him win, so I'll try to soldier on....
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Posted Date: Thursday 10th March 2011
Brit1234, just a thought, but you seem to only be talking about people borrowing money, not paying it back. Yes, there are people with stupidly high mortgages who are having to sell, but can't afford to buy something else. Therefore, their mortgage of X returns to the bank, with no outgoings. (think of it kind of like a credit card, you're paying it off, but not putting anything else on it.) The same goes for repossessions, money coming in, not going out. And for probate sales. Unfortunately, despite the efforts of some of my colleagues, dead people can't buy houses. And George, I'm not convinced that the prices will double every seven and a bit years. I bought mine just before the prices went crazy, and there is no way you, or the Gods themselves, can tell me it's worth over £200k. Historically, I'll grant you, from the figures you have provided that is the trend but the world and the financial situation is different now. I'm not saying there wont be an increase, but I can't see any scenario where my price would double! And no, to those whose think prices are going to crash, I am NOT agreeing with you, I just think George's figures and predictions are overly optimistic.
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Posted Date: Thursday 10th March 2011
Hmmm, an offer like that is hard to refuse! I don't have access to all the figures, as I don't manage the branch so I can't find out how many we had on the market at the start of the year. New Instructions - Sale Agreed 73.1%. Good guess! What did you win?
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Posted Date: Thursday 10th March 2011
George, Please tell me you aren't suggesting that I don't have kids as it will help stop house prices rising? If so, I'll let you tell my mother! I'm really hoping it was just to illustrate the reasons behind increases, not a suggestion of how people like Brit1234 and others (icluding myself) can stop them! Although there are a few people the human race could benefit from not allowing to reproduce..... I think we will have to agree to disagree on this point, I DO agree that prices will rise, and that demand for property will increase, it's just the amounts and the timescales I'm unsure of.
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Posted Date: Thursday 10th March 2011
George, Please tell me you aren't suggesting that I don't have kids as it will help stop house prices rising? If so, I'll let you tell my mother! I'm really hoping it was just to illustrate the reasons behind increases, not a suggestion of how people like Brit1234 and others (icluding myself) can stop them! Although there are a few people the human race could benefit from not allowing to reproduce..... I think we will have to agree to disagree on this point, I DO agree that prices will rise, and that demand for property will increase, it's just the amounts and the timescales I'm unsure of.
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Posted Date: Thursday 10th March 2011
Huh. Duplicated post. Fair enough
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Posted Date: Thursday 10th March 2011
Phew! Feared for your sanity for a minute! Not to mention your health after the chat with mum! There is a lot of talk about our 'aging' population, and pensions etc at the moment, and you are correct, if things keep going this way, soon we will run out of houses, and land to build them on. Lets hope NASA make progress on colonising other planets PDQ!
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Posted Date: Thursday 10th March 2011
Apparently it not because Home Move don't want to deliver them to use, the delivery company themselves won't do it, one of the reasons I was given is because most Agents are on the High Street and parking delivery vans can be tricky. How the poor people who live in flats on High Streets get their amazon deliveries at Christmas is beyond me then.... I think it's better to give them to us, then we can either hand them over with the keys, or take it round to them. Much nicer.
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Posted Date: Thursday 10th March 2011
Thanks PeeBee, leave me open to litigation from NASA and the USA! And I thought you were a gentleman.
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Posted Date: Thursday 10th March 2011
I still don't believe any system will take the risk out, an idea like this may work, or it may lull people into a false sense of security, and for Agents, may mean that less information and care is taken when registering applicants and vendors. Even if we insisted on photo ID for each prospective viewer, it wouldn't completely eliminate the risks. I think everyone may be focusing on the kidnap and sexual assault risks, but I remember being told that attacks in general were more common for male Agents rather than us ladies. Something about more reasons to attack/intimidate a man. @Alan, does your wife work in a particurlarly rough area? I admit I may be slightly ignorant of what Ofsted inspectors do, but I have it in my head it is pretty much just going round schools assessing them. Possibly with visiting home-schooled students as well. With the HS visits I can see the concern, but touching base several times a day if she is visiting a school seems a tad over-zealous to me. I am not suggesting you stop worry by the way, I am just trying to clarify things to myself.
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Posted Date: Thursday 10th March 2011
Fair enough, now I understand your concern more! Although it isn't a system I can see myself using, I think it does have many good points, and will hopefully save someone's life (etc). I would have no reservations with suggesting this as an idea for people to try, to help them perfect their security arrangements, and I wish you luck with it.
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Posted Date: Thursday 10th March 2011
'Greedy Estate Agents Set Sights On Selling Mars' 'No Place On Earth Is Affordable For First Time Buyers' ' "Sod Offworld" Say EAT Posters' ' "Who Will Foot The Bill For My Viewings?" Cries Distraught FTB' 'Evil Bankers Add Astronomical Interest Rates To Sky High Properties' Reckon those will be the headlines on HPC?
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Posted Date: Thursday 10th March 2011
Get a job - Students may not contribute much whilst studying, but they will in the future. I dread to think what the country would be like with no new scientists/teachers/professors etc.
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Posted Date: Thursday 10th March 2011
RnR, was that a serious haha or a sarcastic one? Personally I think they are rather amusing. It's why I wrote them. HPC may have been started as a discussion group, but a lot of the 'heralds' I have come across of it seem more like greed, argumentative people, paying no attention to some simple facts; 1. How do I, as an Agent make my money? ANSWER. By selling houses. 2. If a house is overpriced, will it sell? ANSWER. Of course not. 3. Therefore is there a benefit to me, as a good Agent, with the Estate Agents Act burned into my brain, listing houses at stupid prices? ANSWER. Gods' no. 4. If I feel the marketing price of a property is decreased, do I bring it to my vendors and ask them to adjust to a more realistic level? ANSWER. Yes. Duh. Agents do not keep prices high to suit themselves. Although many believe they can sell ice to Eskimos, they certainly couldn't if they were surrounded by the stuff for free and they were charging £20/kilo! I'm not overly interested in beating my head against a wall to try and convince people from the 'Channel 4 School of Estate Agency' that they are a complete and total nit. Especially when I feel some of them are doing it just out of greed. There may be several accomplished Agents on 'your' site, who believe trying to restrain prices is for the best, and that hammering them down now will cause millions of people to flood and buy their first place. What happens to the poor suckers currently living there who can't afford to sell then? Are they stuck in negative equity for the rest of their lives?
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Posted Date: Thursday 10th March 2011
Oooh, another lady! Well, obvious lady anyway. I always drop hints on my later ones about the appointments I have afterwards. I have a company phone, as well as my own, one stay in my coat/jacket pocket, the other one lives in my boot, just in case I get separated from my handbag. I do think common sense is something sadly lacking in most young people, and though I have a tendency to start conversations with random strangers when I'm bored, I'm still careful over what information I give out, and I certainly never leave a public place! Maybe they should teach common sense to the 'young' people....
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Posted Date: Thursday 10th March 2011
@ Ray, Oh I cannot wait to suggest that to the guys in the office. I'd even consider buying the shoes for them!
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Posted Date: Friday 11th March 2011
I like the analogy. Pretty much all I like, but still. I'm curious about one thing though Peter (or RR, whichever you prefer). If 'estate agents, who are as important to the housing market as a conductor is to an orchestra.' then why does your (loosely termed) website advocate doing without us altogether?
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Posted Date: Friday 11th March 2011
@Matthew, I went out on a mortgage valuation once, just to see what they did. It would have taken me longer to do a viewing on the flippin' flat! Huge mansion style flat and I was there 15minutes. Unbelievable.
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Posted Date: Friday 11th March 2011
Most of the valuation reports I see, are valusing it at exactly what the buyer is paying for it! Oh yeah, Peter. We need to be more like that!
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Posted Date: Friday 11th March 2011
I just want to pin him down on if he is willing to sell his house to Sibley for £140k. Poor PeeBee worked so hard on that deal, and then the vendor wouldn't give him an answer. So sad.
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Posted Date: Friday 11th March 2011
DNFTT - Do you want the honest answer to that question?
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Posted Date: Friday 11th March 2011
Hey, if you want, I'll give you his e-mail address! Just so you can be sure it gets to him. Roll on 75%!
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Posted Date: Friday 11th March 2011
@ Neil, I do have a few over-priced properties I will admit that. None of them are through intentional over-valuing however. I've got one we sold last year, but the buyer pulled out at the last minute. The property is currently on for £12k less than it was sold for previously, and we have today had an offer of £10k less than that. I have also recently had a property we disinstructed as she would not readjust her price to a more reasonable level, and we were sick of spending money flogging a dead, very expensive, horse. We try to appraise at a good price, fair for the buyers and acceptable for the vendor.
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Posted Date: Friday 11th March 2011
Neil, I take 'over-valued' as a price where there is no interest or enquiries, and if we do every get viewings they almost wet themselves with laughter and ask what we were on when we valued it. Not every property sells straightaway, some take a bit more work. I have walked away from properties if I feel the vendor wants too much, and even if I agree to a price slightly higher than I suggest, I'll lay out a marketing strategy, that if it hasn't sold within x we reduce to y, or if there are no viewings within a we reduce to b. Trust me, no-one who knows me would think I'm perfect!
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Posted Date: Friday 11th March 2011
Hampshire - That particular one was instructed by my predeccessor, and I nearly chocked when I saw the price. I've spent nearly a year chipping away at the price, redesigning details and trying to get her to trust me enough to listen to the advice she in bloomin' paying me for, and in the end I got bored. Since I don't tie people in, I don't have the luxury of 'list high, lock in and batter til they cave in'
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Posted Date: Friday 11th March 2011
I've never tried to pass myself of as perfect, or even fantastically intelligent for that matter. I am a firm believer that pride goes before a fall, and the higher you set yourself the more time people have to laugh at you as you fall past them! I know that my age works against me to some degree, as people usually think I'm younger than I am (good for the future, not good at the moment!) and I don't have the experience that many of the people on here do. It's one of the reasons I like this site, not only do you find out thingd, but you can share ideas and thoughts with people, guage what might help and come up with new ways of doing things. And you get to rip people to shreds, which is ALWAYS fun!
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Posted Date: Friday 11th March 2011
Sorry, who was the last post from?
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Posted Date: Friday 11th March 2011
ooookay J Clarksrom, bit off topic, but thanks anyway! How did you come to the 'hot' conclusion btw? The 'mean streak' from the previous (anonymous) poster I can understand. And agree with to be honest! Never mind, random tangent there. Thanks Hampshire, just wish I was a bit closer to you, then I'd have a chance to put my money where my mouth is, but a confidence-building sentiment nevertheless. Now I can get back to explaining tectonic plates to one of the admins.....
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Posted Date: Friday 11th March 2011
Sorry George! It didn't have your name, I did wonder if it was you, with the comment about my mother! 'Treat em mean' can backfire, when the guy thinks you are trying to keep him keen, when you are really trying to get him to stay the heck away from you! Tell me, do you think Old Petey is going to be a bit hacked off that no-one is really paying attention to him?
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Posted Date: Friday 11th March 2011
First Time Buyer - The reason most of us are being 'abusive' is less about the article (although I disagree with sections of it) and more about the author. I don't know how much time you have spent on this site, or if you have read any of the previous threads, but this particular, ahem, gentleman has posted previously under Realising Reality and PropertyMatch UK. He usually attempts to launch blistering tirades against Agents and the market, and gives every impression of wanting to see all of us at the bottom of the ocean. Despite polite attempts to reason with him, he continues to showcase his childishness. When we discovered that his idiotic website was in fact complied of all of our out-of-date property information, scraped from any rock he happened to be crawling under, we all lost the POSSIBILITY of having any respect for him. Part of his suggestions to 'fix' the market have included Agents buying all stock unsold after 3 months (which for most of us would mean he should buy everything on his site) and taking huge sums off the value of every single property. When asked to offer his property for the price a FTB poster was willing to pay, he vanished. As you can see, there may be things we agree with in principle in the article, but as long as it has any connection to this particular mouthpiece, not gonna happen!
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Posted Date: Friday 11th March 2011
Just a thought, didn't Labour try to implement a pre-sale survey in with HIPs? I believe the reasons they gave for deciding not to where varied, but it essentially boiled down to; 1) No-one is going to pay the £500-£1,000 quoted (at that time) to be told they can't afford to sell. 2) As already mentioned, many surveyors work by calling the Agents. 3) What lender will take a report commissioned by the Vendor? 4) Therefore buyers would have to get another one donw. Yay for RICS, boo for everyone else.
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Posted Date: Friday 11th March 2011
Brit! You seem to pop up, make some comments and vanish! How many times have we pointed out, all we can do is offer advice, the seller makes the eventual decsion on price, and there are always people out there naive and greedy (or desperate) enough to go with the ONE person who claims that, because of their superior skills and blue office amongst all the white ones, THEY can get you £20k more than anyone else. One salmon in with the chicken makes it all taste like cr@p.
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Posted Date: Friday 11th March 2011
Not some parts of the country i've seen hun. I' guessing you are picturing rosy cheeked milkmaids, and shepherdesses with flouncy dresses and the curly hair? Add long hair to mud, animal faeces, rain and wind and you're getting the picture. Not that I spend a lot of time round the animals. They smell. And step on your feet, not matter how pretty your shoes are!
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Posted Date: Friday 11th March 2011
Oh my good Gods what have I started?
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Posted Date: Friday 11th March 2011
No, they probably wouldn't be holed up in a ranch, they would be waiting for the price to drop so they could AFFORD to be holed up there. Probably sitting outside, glaring at the owners for being selfish enough to not letting them buy their ranch cheaply.
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Posted Date: Friday 11th March 2011
TPF - From my view, I think 5) is the only one likely to happen/make a difference. It's something I try to do with vendors at the moment, but the problem with statistics is that you can usually manipulate them to imply what you would like. Still a good idea, and one I think others should try as well.
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Posted Date: Friday 11th March 2011
Rhys - Are you an Agent? If not, finally, a member of the public who sees the big picture! And Brit1234. There are quite a few first time buyer strike groups on facebook, the ones I saw first were small, usually several years old and with no pictures or anything. And as we have said before, 50k+ transactions a month proves that your strike isn't as effective as you seem to believe....
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Posted Date: Friday 11th March 2011
I suppose you COULD classify Recruitment as Sales. I know one company I used spent a whole day trying to persuade me to take a job 20 miles from home (when I wanted a new job CLOSER to home) and £2k less than the basic I wanted. And it wasn't even a job I wanted....
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Posted Date: Friday 11th March 2011
Don't take it personally AoS, he does this. Shows up, flings a few grenades at the conversation, realises he is the equivalent of a toy gladiator facing Spartans and scuttles off. He may be back, he may not.
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Posted Date: Friday 11th March 2011
And imagine what the figures will be when I move to the new place with a stock list and pipeline three times higher! So, what was the wager for 72%? I stand by what I said to TFP on Hendry's pile of ... excrement. Figures can be manipulated, depending on what you want it to show.
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Posted Date: Saturday 12th March 2011
Brit1234, AoS is referring to sales transactions rather than mortgage transactions. Y'know those things you are trying to stop?
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Posted Date: Saturday 12th March 2011
To be fair, I'm surprised people can afford rents of £20k a week!
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Posted Date: Saturday 12th March 2011
Take away the 'property' and there's already two mad people living together! PeeBee, you have my word as a (relatively) honest Agent that I will do everything in my power to top 75% NI-SSTC conversion. My husband was quite amused at the marriage proposal by the way!
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Posted Date: Monday 14th March 2011
I'm not seeing 'gazumping' just loads of people bidding on repossessions, even when a sale is proceeding. For the non-Agents out there, that is not gazumping, apparently due to a loophole in the laws which means the Asset Manager (Bank's agents) and the EA have to prove they have done everythiing possible to get the highest possible price for the defaulting borrower.
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Posted Date: Monday 14th March 2011
It's the way I tend to describe it to most of my clients, especially when I am trying to explain to them why the property will not be taken off the market until contracts are exchanged, and that any other offers can and will be put forward until that happens. I find it is the easiest explanation, and then gives me a 'defence' when they start accusing me of gazumping them. I agree that it is not in the strictest sense 'true' but it is an easy and simple version of the truth to give, without going into the details.
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Posted Date: Monday 14th March 2011
I should also point out that the majority of my clients speak English as a second or third language, and not always particularly well. I try to condense things as easily as possible, as it is normall a 12year old child doing the translating.
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Posted Date: Monday 14th March 2011
Sibley m'dear, try a few hours North of there....
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Posted Date: Monday 14th March 2011
Must be honest my geography SUCKS and I typed that before looking at Google. I thought Bradford was in London.... I'm actually in the Midlands. Sorry to disappoint you my sweet. I subscribe to the theory that the direction I am facing is north and as long as I know where I am the rest of the world should move itself around me. Never happened, but still hoping! (I do use a compass for sales details though)
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Posted Date: Monday 14th March 2011
RR, When have I said 'everything is fine in the country garden'? Never. The market here is moving slowly, the same as I imagine most places are, but with keeping our vendors updated, and giving good honest advice, we are getting by. The figures I quoted to PeeBee for our New Instructions - Sales for 2010 is 73%! Yes, transactions are lower, BIG FLIPPIN' DEAL! Everything is quieter. Walk into a pub and it'll be emptier than 2007. Life and the economy has changed. And as for resisting innovation? Please, who are you trying to kid? You have offered me NO idea worthy of my consideration. Therefore, I have no reasonable innovation to consider. Take the tin hat off, have another think and get back to me when you have a sensible idea. So, you don't scrape. How else do you explain MY properties on YOUR cr*ppy website? At the wrong prices. Even when they have sold. With my blooming name and phone number on them? I do not want anyone associating your delusions with my company. If it were possible to claim we were of a different species, rest assured I would.
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Posted Date: Monday 14th March 2011
Trust me Sibley, whatever you said would only be repeating what my family has said to me since I was in school! Still trying to figure out why I thought that's where it was.
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Posted Date: Monday 14th March 2011
I'm good with that! Thank the gods for SatNav!
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Posted Date: Monday 14th March 2011
Oh I give up! You really don't see why you irritate me so much do you? Well, no matter. For the record, no the market is not perfect, but nor is it as dire as you and others seem to be saying it is. I refer you to the 73% conversion rate. I think that we can all agree that London is currently is a world of it's own, even the article says that. So, as I am not in London, I have no opinions on if they are lying or not, but I always try to think the best of people. You included. Fair enough, you say you don't scrape. How are the proeprty details ending up on there? I checked a random few properties, I have neither the time nor the patience to go through the whole site. One property is £5k overpriced (reduced in October) and was in fact withdrawn from the Internet in February. So I don't think an apology is order, unfortunately. If I am in the wrong, I will apologise, but I do not believe that I am. To try, once again, to explain my reaction to you. You seem, to me, to believe and publicise everything bad about my industry. Almost everytime I have tried to 'discuss' this, I hit a wall of stuborn pig-headedness that astonishes me. There does not seem to be any room in your head that you may not be the godlike creature you imagined, and that instead you are down on the planet with everyone else. You routinely dodge questions you do not wish to answer, then come back a while later to try again, but STILL refusing to answer the justified questions of those trying to understand you. I'm not interested in a slanging match with you, I am just so exasperated that you continue to duck and dodge, always claiming to be holier-than-thou. Yes, you annoy me. Yes, I wish I could understand what goes on in your head when you think about the property market. But ultimately, it doesn't matter to me. I get angry when I see people behave the way you have, but if anything I have said is unreasonably upsetting to you, I apologise for hurting your feelings.. But that still doesn't mean I don't think it. See Ya
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Posted Date: Monday 14th March 2011
Oh my dear Peter, you are still confused. Although I have pointed out the issues and incorrect details, the fact remains I DO NOT WANT THEM ON THERE!! so, my thanks for the offer of correct details, but I don't think so. And change my opinion? As you can probably guess, I am a woman and we generally change our minds depending on the weather and date. I am always willing to listen to ideas, until someone gives me reason to discount their views. Unfortunately you have done so, as I stated 'no innovation worthy of my consideration' I LIKE listening to other view points, I generally learn new things. Unlike many my age, I prefer wine and coffee bars where I can talk to my friends.
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Posted Date: Wednesday 16th March 2011
Hmmm, this does seem to only be talking about Coutrywide's figures so (knowing some of tghe Countrywide offices around me) I'm not too concerned about the 'rising' asking prices issue. Mainly as the ones near me have a bit of a reputation for overvaluing. If these figures were representing the whole market, then I would assume that the buyers and finance seems to br improving, it is managing the vendors expectations that we need to do now. Unfortunately motivated vendors are now needing to look at being more flexible on accepting offers. I'm finding some of mine aren't willing to readjust asking prices as they are expecting to buyers to come in with 10-15% decrease on offers, so they are sitting on the market for longer. Overall, a not entirely depressing arcticle though!
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Posted Date: Wednesday 16th March 2011
Adam, but how would you define excessively? What would happen if a totally unique property came up in an area where nothing had sold for 12 months and not one agent/surveyor could reliably agree on a price? At the moment, they take a 'guesstimate' on the price and try the market, probably having verbally agreed the marketing strategy to include a reduction in 4 weeks if not sold. The vendor then chages their minds, and insists on it being marketed at the original price? And for other vendors, if they reject their Agents advice to reduce? Some (unscrupulous) vendors would refuse to reduce, knowing that the agent would have to purchase it after three months. I think when this 'idea' was first broached, someone added up the value of his stock, and his bank manger refused to extend his overdraft by something like £18million.
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Posted Date: Wednesday 16th March 2011
Sorry to disappoint you Ric, but some of us spent several days trying to get him to accept an offer of £140k from a FTB with a deposit, but we never heard anything back. Still, a drop of £65k in offers will fuel his belief that the housing sky is falling down.......
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Posted Date: Wednesday 16th March 2011
On a completely random topic PeeBee, I won a bet because of you! Saw a horse whose name reminded me of you and thought I'd join in with the lettings 'crew' and have a bit of a flutter. You came 3rd!
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Posted Date: Wednesday 16th March 2011
Nothing so subtle unfortunately, was called Captain CeeBee! Did you notice 'our friend' sticking his head up earlier? On the 'Copmlaints' story. Back to this one though, I've never really seen any benefit to me from NAEA, I took the exam, and the ARLA one, as the corporate I used to work for sent me a letter telling me I had been submitted for them. Nice to be given the choice...
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Posted Date: Wednesday 16th March 2011
Complaints, sorry ;-)
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Posted Date: Wednesday 16th March 2011
Ric, RR is a gentleman by the name of Peter Hendry. He placed an .... interesting blog on here last week, it's still available if you have the time and patience to read it!
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Posted Date: Wednesday 16th March 2011
I noticed the same thing Ric, seemed to be less on there too, although some of mine still were! And Yeah Yeah ok, firstly please remember there are ladies present, and your choice of vocabulary not only demeans your intelligence but may also cause offence. You seem familiar with some of our names, may I ask if this is the first time you have posted, or are you simply afraid to give your 'true' username? I don't know what industry is blessed with your presence, but if it has anything to do with the public, you will have complaints. Simples. Especially when money is tight and people need to try to keep it and resent paying for things they don't think they should. People outside the property market do not see all of the work that goes in to selling and purchasing, so of course people think we should work for nothing.
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Posted Date: Wednesday 16th March 2011
Plus a full house is 5 not 4
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Posted Date: Wednesday 16th March 2011
Personally PeeBee, I don't actually find your email offensive! I can understand why it may have to be deleted, but I think it puts the point across pretty well.
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Posted Date: Thursday 17th March 2011
Wardy, are you saying you have NEVER laughed at RR's posts? I frequently do! Normally in disbelief, but he does occasionally brighten up a day...
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Posted Date: Thursday 17th March 2011
RR, you appear to be shooting yourself in the foot slightly. You have been telling everyone that Agents value to obey the orders of the Vendors, when the true market value is what the average FTB can afford. Now you say you wouldn't sell your place to a financially qualified FTB for £75k (having already lost out on an offer of £140k on behalf of Sibley), which would offer a shining example to everyone in your area! How can we poor, childish, moronic and pathetic Agents hope to change the market without trendsetters such as yourselves to guide us out of the pear-shaped market? Have you never heard the saying 'if wishes were horses, beggars would ride?'
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Posted Date: Thursday 17th March 2011
"prices of houses or flats for first-time buyers, should be pitched at affordable levels based on earnings and without buyers having to resort to excessive borrowing. Prices should also reflect the need for first-time buyers to save up a 25% cash deposit." "ANS Sorry, houses themselves are not, and never have been valued on the basis of how much individuals can pay for them." Am I the only one seeing a bit of a contradiction here?
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Posted Date: Thursday 17th March 2011
Not to burst your bubble, but it would actually be illegal if we knowingly sold the vendors property too cheap. Most Agents will try and strike some kind of middle ground, get the best price for the vendor, but without draining the buyers finances completely. And as for fraternising with hyenas, if the hyena is trying to help you find a perfect property, so what? The more info I get from my buyers, the more I get to know them and what they actually want from a property. Every Agent knows that what a buyer first tell you they want, and what they actually buy are miles apart! I think the reason you and I will never agree is that you seem to look from the numbers game, whereas I look at the PEOPLE. One thing I remeber from some of the seminars I've attended with Richard Rawlings is that we don't sell houses. We help people move on, to their first home, or into a new home. It might also be because, despite what some of your furiously back-pedalling posts have said, you don't like Estate Agents, or anything we do.
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Posted Date: Thursday 17th March 2011
You keep offering advice to change it, he's asking for suggestions. Jump at the chance!
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Posted Date: Thursday 17th March 2011
It's a shame, because the theory of the Ombudsam is good, but without the backing of the Government and the Industry itself, nothing will change. Let's face it, where is the reason to keep between the fences, if you know the electricity doesn't work? Brush against them and get a zap, you won't stray close to it again...
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Posted Date: Thursday 17th March 2011
Fine then, illegal, immoral, unethical, nasty, wrong, most non-triumphant, b!tchy, dishonourable, unprincipled, disgraceful, corrupt pick your favourite. Lets use you and your home as an example. You want to sell it for £200k. I, as a first time buyer with no debts, 20% deposit and impeccable credit score want to pay £175k. I feel it needs new windows, the kitchen came from the Ark and the decor is awful. I think it will cost, say, £15k to do it to an 'ok' standard, but I want better, so I tell you £20k for it. You believe that it was priced to reflect that and won't take less than the asking price. I shrug, go and buy the house two doors down with a less offensive colour scheme for £180k. You lose. Every vendor believes their home is a palace, the same as every mother with a screaming hell-beast in tow believes her child to be the most beautiful and perfect child that's ever existed, and angels appear sinful and dog-like beside it. Every buyer wants to get a house for as little as possible. It's human nature, and unless you can brainwash the planet, it ain't gonna change.
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Posted Date: Thursday 17th March 2011
Hey genius, some of us work for a living and can't reply straightaway. Patience is a virtue.
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Posted Date: Thursday 17th March 2011
PeeBee, does that mean we can only hit him once? *pouts*
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Posted Date: Thursday 17th March 2011
Y'know, sod it, I'm starting to think talking to the flippin' lampost would better, at least then I'd get a tan whilst wasting my time. RR, after you accused me of slanging, I tried to be nicer, I tried to be more polite, and look what happened. YOU responded with schoolboy antics of questioning my intelligence and sticking your fingers in your ears until Mummy came home. What a waste of time and effort that was. So if I walked into your hovel, and told you 'Sorry mate, it's not Buckingham Palace, it's actually more like the loony's tent by the side of the A459' you'd be happy with that? Me pointing out that your decorating skills would shame a colour-blind 3yr old, that good too? Anyway guy, I'm off to chat to the purple goblin riding the green unicorn, he talks a damn sight more sense than you. Let me know what the weathers like on your planet, won't you?
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Posted Date: Thursday 17th March 2011
Wow, the purple goblin just told me that it's raining Smarties! So basically you've now insulted my intellingence and my ability to do my job.... Way to make friends there, bucko.
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Posted Date: Thursday 17th March 2011
I don't understand the vendors who go with Agents that slash their fee's to win an instruction. Surely that must point out that they suck at negotiating?
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Posted Date: Thursday 17th March 2011
The Market Value is whatever the buyer is willing to pay for it. If they offer £180k, and are happy to increase to £185k, then the market value is £185k. If they don't then it's not. Simple
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Posted Date: Thursday 17th March 2011
PeeBee, you two-timing rotten scoundrel! My feelings are hurt, I shall now go and cry. And RR, I think more people would prefer to see YOU leave!
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Posted Date: Friday 18th March 2011
PeeBee, any woman would be upset after learning she had lost your affections! And as to the anonymous poster (I'm going to call you Fred, just because I like the name and it's easier!) Fred, all of those are valid points, I have a few others that I would like addressed too. Hear that Mr RR? I'll give you a name too... 'Arms-length transaction'? Please clarify. 'prudently and without undue influence'? Are we counting parents in this? Or over-bearing spouses? (of which I am not one, btw PeeBee!) I agree with Fred too, where did that definition come from?
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Posted Date: Friday 18th March 2011
I think it's less that people don't want licensing, and more that they don't want NAEA licensing. I think some sort of Industry recognised licence would be a great idea, separates the Estate Agents from the Sales Negotiators. At the moment, it's basically the same thing, which means you end up with spotty 18 year olds (without driving licence/car) passing themselves off as Agents. There will be problems with bringing in licencing, and many people complaining, but the idea clearly works, as the US has it, so there is no reason it can't work here too!
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Posted Date: Friday 18th March 2011
Bet Sibley's offer of £140k is looking pretty good right about now....
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Posted Date: Friday 18th March 2011
I can call you something else if you don't like Fred? Just makes it easier to reply to/mention posts. What about Percival? ;-)
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Posted Date: Friday 18th March 2011
@George 'The BAD news is: I propose to still answer questions but only from those who are, like me, prepared to identify themselves online' Kinda shot himself in the foot with that comment then didn't he? You do (normally) identify yourself, and he STILL won't answer questions. So I can't call you Fred then?
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Posted Date: Friday 18th March 2011
Nope, never seen it. Thanks for the permission though, Betty! ;-D
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Posted Date: Friday 18th March 2011
But the licensing itself IS a good idea. Just not this way. This is making it far too exclusive, as long as people can prove they are competant in the industry, there is no reason they should not be allowed to practise. I would suggest possibly exams? Could we not to it similar to the NAEA technical award (but a bit better) to gain your licence and then yearly 'refresher' exams to make sure you are still going it properly. Possibly with the full exam every 5years? Maybe with a slightly more beefy Obudsman to keep tabs on the licensing and spot-checks? What does everyone else think?
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Posted Date: Friday 18th March 2011
Hold the phone! Wait, PeeBee, you AGREE with that nutter? Don't know if I can entertain marrying another weirdo, the current one is bad enough....
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Posted Date: Saturday 19th March 2011
Ok, I've had to change appointments, and tell people a property has gone to someone else, but my gods r'n'r you did meet a load of numptys and muppets didn't you? Wish I could say it sounded like you met the worst ones but sadly I know it's probably not true! I'd vote for 'general tosspottery' too, think I'm going to adopt it as my phrase of the week!
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Posted Date: Sunday 20th March 2011
And speaking of insulting people, that's not very nice is it? Considering the people on here posting on here with their name. It's not so much for people to know who you are, more that they can refer to 'your' views in their debates, or ask you to clarify a point. Call yourself Garfield for all we care, you don't have to give out who you really are.
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Posted Date: Monday 21st March 2011
I think that he is never going to be happy to have a dialogue with anyone he thinks can best him. Which in this forum would be....... Pretty much everyone! He cuts and runs as soon as he thinks he is getting backed into a corner. RR you aren't interested in 'dialogue' as you said you would respond to questions posed by people willing to reveal themselves. No one wants to. Deal with it. You have been asked several questions from both people posting under real and assumed names. So answer them. What's the matter, scared?
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Posted Date: Monday 21st March 2011
But PeeBee gets my vote too!
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Posted Date: Wednesday 23rd March 2011
'totty'?? Nice. That being said, it is a bit sexist to have it just for women. What, so we can't compete against the men? I know some people who prefer female Agents!
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Posted Date: Wednesday 23rd March 2011
One company I worked for believed women actually made better valuers than men, as it is often the woman who makes the decision to move (you can't argue with that bit PeeBee!) and so they prefer to deal with a woman. Not entirely sure I agree with it, but there is some merit to the theory. But, as with everything, some men are better than women, and some women are better than men!
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Posted Date: Wednesday 23rd March 2011
Wow. With a pitch like that Jonnie, I may have to have a rethink about PeeBee...... You smooth talking charmer you.
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Posted Date: Wednesday 23rd March 2011
Maybe I'm betraying my gender, but I don't think this is a great idea either. What's the point in being the 'Best Female'? You've eliminated half the competition! Stick us all in together, then we will REALLY find out who the weaker sex is!
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Posted Date: Wednesday 23rd March 2011
PeeBee, hunny, I dislike the hot as much as the cold! Quite happy sitting in the Midlands ta!
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Posted Date: Thursday 24th March 2011
As my name has been mentioned I thought I would pop back on and clarify my position. There is very little that Realising Reality/Peter Hendry could say that would be of interest to me, hence my disappearance. I am not discounting the possibility that he may in the future have some worthwhile ideas, but personally I doubt it. For myself, his 'standing' in my eyes is somewhere lower than Katie Price. He has come out with so many daft ideas and dubious thoughts that I really can't be bothered with him anymore. I have better things to do than inflate his ego by allowing him to rent space in my head. Good luck my friends!
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Posted Date: Friday 1st April 2011
I agree that this is a good plan, will stop some of the problems with repos, as long as the 'contracts' were done after the public notice, to still ensure getting the best price. I think repos will probably end up being exempt if they do bring this in though.
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Posted Date: Friday 8th April 2011
Beauty of being in the Midlands, my prices seem cheap to one lot, and expensive to the others, but closer to the Capital than they are at the moment! And I get the commuters too! Result!
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Posted Date: Friday 8th April 2011
Thought this was going to be some study about 'Sex Sells' Or a spin-off of Sex and The City. Might be interesting to see as a TV series, that.........
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Posted Date: Friday 8th April 2011
I see all of that as rewards, not bribery. There is one solicitor round my area I wouldn't refer to if he paid my mortgage for a year per lead! He delivers a cr@p service, so no-one passes anything to him. The sols/fa's that offer a great service get the leads, and in return, the company gets a nice little cheque, and we get a bottle of wine at Xmas! Where's the harm?
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Posted Date: Friday 8th April 2011
Apologies from the heart my sweet, started at my new place so been a tad busy! trysts sound intriguing, plus it is a cool word... Not at the Hendry debacle though, I wouldn't give that waste of skin and oxgen the time of day let alone listen to his deluded ramblings! Shouting through a chain link fence? Not exactly the scenario I had in mind? Have you ever read Across The Barricades? Would be more apt if one of us was HPC but close enough! Xx
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Posted Date: Friday 8th April 2011
Not quite, I got bored of a minimum 45min commute with little in the way of employer gratitude so dropped my cv to a recruitment agent and let them do their thing! Ended up being fought over which is always good for the old ego! I have been keeping an eye on the antics and amusements over yonder, was wondering if I should try and get you some bandages for the bruises of smacking your head againstthr wall! The guy is obviously an idiot with an overload of hubris. Hopefully he will meet a similar fate! I don't have the time to spend on him, to busy losing the race for the phone! Well, that'll change soon! *cracks knuckles*
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Posted Date: Monday 11th April 2011
Just to site an example for you PeeBee, we had a survey in today. Property fell through a few weeks ago due to a high retention on the mortgage, but the property was not downvalued. We resold and another survey was done, by a different person. It was downvalued by over £25k! Yeah, surveyors are all-knowing about property....
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Posted Date: Monday 11th April 2011
But many times a solicitor will pushg harder and be more willing to take calls etc from a 'client' agent as they don't want to risk offending us by messing us (and therefore the clients) around. As with everything to do with Agents, there are bad apples, but I see it as another way of earning a bit of extra money and getting the security of knowing we have a decent solicitor on board who won't ignore all my calls and messages and then round on me when he eventually realises the problems I have spent a week trying to warn him about!
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Posted Date: Monday 11th April 2011
@Will, why do you assume EA's have no qualifications? May I ask what you do for a living?
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Posted Date: Tuesday 12th April 2011
I swore I wouldn't do this.... Peter, you have issues with the EA insudtry and I think I may have an inkling of ehy, but I need the answers to some simple questions to determine if I am right? Would you care to oblige? 1) You worked in EA previously, correct? 2) May I enquire as to your age? An age bracket will be fine. 3)Could I ask the time that you worked in EA? In years, eg 2004-2011
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Posted Date: Tuesday 12th April 2011
Ahem, hem. Forgotten someone?
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Posted Date: Wednesday 13th April 2011
With no offence itended to PeeBee/Wardy etc (including myself) I think that Eric's response is probably the most concise and bluntly honest one I have seen recently to the ignoramus still refusing to aswer my simple questions. Still doubt it will get through the kevlar surrounding his head, but one can hope....
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Posted Date: Thursday 14th April 2011
@IT Guru No they do not know. The Agents marketing those properties are currently unaware for the most part! If you challenge Howling Mad Hendry though, you will be told he simply takes all data freely loaded onto the internet. But he doesn't scrape. Apparently.
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Posted Date: Thursday 14th April 2011
I HAVE tried to contact you directly, and I am still waiting for a response either to my questions (politely phrased) on your blog, or the e-mail I sent you some time ago. Bit of a pot and kettle situation isn't it? Considering you accuse Agents of poor service including returning calls etc.....
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Posted Date: Thursday 14th April 2011
I asked for an approximate age and dates that you were in estate agency. I'm trying to figure out why you have such a bad impression of us, and I have a clue but I need some more information...
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Posted Date: Thursday 14th April 2011
Yes, I do. That would be the e-mail you ignored remember? Since you will not provide the info I requested I will air my theory with no basis. You do so sauce for the goose and all that... I think the reason you appear to have such a bad view of Agents is because you worked in estate agency during the time when the bad reputation for lying, slcaking and general laziness and dishonesty was cast. That is why I feel you believe that we frequestly mislead both buyers and sellers and have no regard for the laws, because that is the only memory you have of working in the industry. If you were in it at the moment, you would realise that due to the current savviness of both buyers and vendors, dishonest Agents get hung drawn and quartered fairly effectively when the buyer/seller beats them over the head whith the information they have witheld/lied about. You have no frame of reference as to how we work at the moment, despite the examples that have been cited to you.
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Posted Date: Thursday 14th April 2011
He has already refused to answer mine (colour me so NOT surprised), so I've given him my theory anyway. Thanks for the ettiquette by the way! Such a lot of wonderful gentlemen on here..... Where the hell are you in real life?? ;-D
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Posted Date: Friday 15th April 2011
According to some people, I'm a married b!tch so think what sort of upbringing the kids would have!! x
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Posted Date: Friday 15th April 2011
I used to work with one of the directors of Bloom at another company. The training seems fairly effective from having one of the interns working with us.
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Posted Date: Monday 18th April 2011
Well, if the commercial vendors I've just heard from are any indication then on-line only agents are no threat. The owners themselves have just refused to let me view two properties outside their office hours (9-5monday to friday) and the Agent wont either! S*d you then, I'll find my mate something else! Part-time slackers.
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Posted Date: Monday 18th April 2011
Pot, kettle, black....
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Posted Date: Wednesday 20th April 2011
If I had his reputation I'd put it on the block and PAY someone to smack it with an axe!
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Posted Date: Thursday 21st April 2011
AoS - Gotta disagree there, hun. I've just taken rwo houses on from the same online agent, and the details are, frankly, sodding awful! By all accounts they sent some 17year old muppet round with no idea of PMA or even how to use the camera! What 17 yr old these days can't use a camera? One of the houses did their own pictures and description (still not great, but better than the other one) and still had the privelege of paying £300 to have their name and phone number stuck on the website next to the pictures they took! Maybe I'm just lucky and always come across the idiots....
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Posted Date: Tuesday 26th April 2011
I'm going to assume that PeeBee is of a similar mentality to myself. I could be wrong but I doubt it. There are probably many times in his life he has been obedient to people, however I would venture they are people for whom he has (for one reason or another) respect. I highly doubt you are one of these people. And why should he leave? You don't own this site, you have hardly given him reason to fear or respect you, so who died and made you boss?
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Posted Date: Tuesday 26th April 2011
Dopy questions- are you God? Offensive - PeePoo/PooPoo. Follow your own advice ( that I actually agree with as degraded as it makes me feel) and leave this blog/thread/site.
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Posted Date: Tuesday 26th April 2011
I'm more concerned about the fact he seems to have gone from being a blasphemer (are you God) to some sort of God-Squad/beatnik/hippie hybrid! No insult intended to any religion/lifestyle. I deal with that cr*p enough myself to dish it out.
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Posted Date: Tuesday 26th April 2011
An open debate between EW and Realising Reality? H3ll that I'd pay to watch, s0d the seminar! Baggsie bringing the rotten eggs!! Warning for EW, I ain't exactly the greatest shot. Bring an umbrella.
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Posted Date: Wednesday 27th April 2011
I like it! I'm trying to get away from the boring details at the moment, and put a bit of fun into it! Can't see many of my vendors letting me get away with it though...
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Posted Date: Wednesday 27th April 2011
Will, so you made 615%? Well Done? You have successfully managed to wrest hard earned money from poor first time buyers, desperately seeking a property of their own! And I bet you weren't complaining about the massive rise in house prices then were you, pet?
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Posted Date: Thursday 28th April 2011
Sooooo, you bought them cheap, correct? For £30kish. and you made 615%? I thinkmy maths is fairly cr*p, but to my way of calculating it, you sold them for c£185k, yes? So you bought and the ebb, sold at the peak, at a price few first time buyers can afford. Ergo, shafting FTB's.
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Posted Date: Thursday 28th April 2011
That better have been a typo.....
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Posted Date: Thursday 28th April 2011
Before you scuttle off Will, was that a genuine typing mistake in my name, or are you actually a coarse and intelligence-challenged mouth-breather looking to insult me? And I wasn't questioning whst you bought them for, genius, just that you took advantage of the situation to suit yourself, and are now heaping scorn on those who have the audacity to NOT sell their house for pennies.
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Posted Date: Thursday 28th April 2011
Only place I'd pay for him to go is a live re-enactment of a French execution... Play sounds good though!
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Posted Date: Thursday 28th April 2011
GENERALLY NEUTRAL?!?!?! Which brain cell was working when you thought that?
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Posted Date: Thursday 28th April 2011
Will, Planning to answer my earlier question?
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Posted Date: Thursday 28th April 2011
A girl can dream can't she? Doubt that the odious little ...... Individual will answer, but I'm hoping that he realises that sort of language is not acceptable on sites like this. I daydream too much, I know....
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Posted Date: Thursday 5th May 2011
WE may have to let good old Hendry see this, an idea put forward by a non agent, that isn't ripped apart by Agents! I fully agree about letting those who lied about self cert mortgages rot, and I'm also cautiously in favour of clawing back commission and bonuses paid to the scum-sucking gutter rats who A) encouraged them to go the and FA who did that, and B) WAS the FA who did that! This is one situation where I don't entirely blame the bankers, yes they should have checked and audited more carefully, but hindsight is a wonderful thing! I don't know how the idea of a grant would work, if there was no interest then it could be a great plan, but I have very little doubt that as soon as the Government put a think-tank anywhere near it, they would strip a decent sounding plan down, sell it for scraps and the send it out to the nearest corner to try and gain extra taxes! Pretty good bones of ideas though....
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Posted Date: Friday 6th May 2011
Sooo, what happens when you get one violinist, so desperate to get the recognition they feel they desrerve/impress a girl in the audience, that they decide to stand up and do a solo? Is the conducter supposed to march over there and beat them with the baton? And then suppose the cello player decides to stick his bow in and do the same. You end up with a complete racket and an audience not understanding that the poor conducter can only do so much. And because the violinists and celloists are now competing, no one can see the rest of the orcestra following the guidance of the conducter and they miss the music being produced. Conducter - Agent Orchestra - majority of sensible vendors Violinist/Cello player - Greedy vendors Audience - Buyers. The middle school music teacher playing Music Critic - you.
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Posted Date: Thursday 12th May 2011
In some industries that attitude would be correct, but for one where we deal with the public during an extremely stressful time? How this guy has not had his head kicked in by a stressed and irate buyer/seller is beyond me. Or a fellow Agent come to think of it...
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Posted Date: Wednesday 18th May 2011
Peter, I've never denied the fact that a bad agent can cause a lot of damage, and neither has anyone else on this thread, or the site in general. I do still feel that you overestimate the 'clout' we have, and I must apologise and reiterate my belief that you have yet to suggest any feasible plan to correct this situation. Today, myself and my colleagues have spent the vast majority of the day trying to persuade a vendor that the offer 6% below their asking price that they really are not going to get anything higher, and that we will help them negotiate on their next property to get a similar reduction off that. If they refuse to accept this offer, who (in your analogy) is to blame? The condutor for using every skill they have (apart from thumbsrews) to get the violinist to behave and follow the score, or the violinist for insisting they know best?
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Posted Date: Friday 27th May 2011
The whole article got deleted by accident, including the comments.
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Posted Date: Sunday 29th May 2011
What can I say PeeBee, Sarfangletere is a nice place! Been keeping up with what's happening, but been too busy to really post anything, as unlike some discourteous individuals I answer questions or responses! Did you ever get a response from good ole Petey-boy? Plus by the time I have a few minutes to write, someone else has already made a similar point!
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Posted Date: Wednesday 1st June 2011
Thanks Mike, at least you've admitted we arent the spawn of Satan and will get into heaven! The comment about the lack of available mortgages doesnt neccesarily mean more debt, just that people with a deposit and on a decent wage can't get the mortgage they want, as the banks are too scared to lend, mainly due to stories like this. I'm fairly certain that the amount of mortgage products now are vastly below what they have been.
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Posted Date: Wednesday 1st June 2011
Alan, I understand your feelings about the wellbeing of the planet and so forth, but how is the planet going to be helped by several more pages of paper being used on property details, that no-one really cares about? Add in the extra electricity needed to print longer details. And the extra toner etc needed in the printer. That applies to e-mailed details too, as most buyers will print them at home. If they are posted though, you will need larger envelopes, again using more paper. And since they will be heavier, more petrol will be used to transport the letters. They are all miniscule costs for the indivdual set of details, but when you think about all the agents, buyers and properties it all starts to mount up.
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Posted Date: Thursday 2nd June 2011
Chris, I think the main reason we are discussing the printing isn't so much the monetary costs as the ecological ones, due to the extra paper etc. Which comes from trees. Which are something else that people keep wanting to save (me included by the way) I like Glen's idea of showing people where they can get the full EPC is a good one, and I think could be the perfect compromise. We make hard/soft copies available to all, and issue them to the buyer once an offer has been accepted, regardless of if they want it or not, to ensure that they are aware. We can send it out with the sales memos.
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Posted Date: Thursday 2nd June 2011
And I'm not disagreeing with you on the need to do more to save energy, but I do disagree on how much impact an extra 5-6 pieces of paper will make. The graphs currently used give people an idea of the efficiency of the property, then, if they are interested in the property they can request the full EPC. The last time you bought a property, did you only have 2-3 sets of details from one agent? I am asuming not, unless you found your home very quickly. With the changes they are proposeing, you would have had the equivalent of the Amazon pouring through your letter box, most of it for properties that for whatever reason may not be suitable. Do you see the point I am trying to make? For casual buyers, it will be a huge waste of time, paper, money and energy. For more serious, motivate buyers, we can provide the full EPC when requested, and satisfy everyone.
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Posted Date: Friday 17th June 2011
Jonnie, not sure why you thought you'd get in trouble for that? It's the truth! FTB Dan, what's that 'don't pitch to the bitch' thing? Must have missed that! ;-) It is a tad sexist that it's for women only, and to be honest I don't think its a USP I would have any interest in. So for that reason, I'm out.
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Posted Date: Friday 17th June 2011
Thinking about it, I wouldn't actually WANT to work in a women only office. Mainly because I find it tends to have a bit of a bitchy atmosphere with out a bit of testosterone to even it out, buy also can you IMAGINE 'that' week?!? My Gods there would be less risk of an explosion if you went pogo-ing in a minefield! Plus it cheers the day up to have a few attractive men around! ;-)
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Posted Date: Tuesday 21st June 2011
@ Anna Key You said it sister! That being said, I do like the 'women only' sections in some gyms.....
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Posted Date: Monday 27th June 2011
Rantnrave, personally I don't get upset when people start saying lower prices will sell more houses, that's pretty much basic common sense. Let's face it, if there was a new, pretty Porche for sale for £100 I'd be fighting you with my bare hands for it! I DO get upset when people start blamings EAs for the fact prices aren't lower. I suggested to someone who has been on the market since the start of the year and was told in no uncertain terms exactly what I could do with my (researched and planned) suggestion, which had various documentation to support it. Said 'gentleman' has now been sent a letter informing him we are removing his property from our books. As others have said, many independent Agents try to give honest and fair appraisals, and if people don't want to listen, change your tune or talk to the wall.
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Posted Date: Monday 27th June 2011
RnR, I do think that we have certain things in common with HPCers, breathing oxygen for one! Seriously though, both parties have expressed a desire to have lower prices, from my side partly to increase transactions on properties still clinging to outdated prices, but also so that some of the people I see who desperately need a home can have one. Case in point, my bro and his fiancée are currently living with their young son in the same two up two down as her parents, where they have been for approaching three years. Would I like to see them own a home of their own? H£ll yes. Do I want them to get a good price so if they decide to beget another sprog they can have more space? Again. H£ll yes. Am I willing to put considerable financial distress on many people and potentially ruin their future? I'll get back to you on that... Whereas I get the feeling some HPCers ( not all, before the lynch mob descends) want a quick buck at the expense of others, and that I disagree with. A while ago someone made a comment, I cannot even imagine who made it as it was some time ago on a different thread. It was something along the lines of 'why should I pay more, just because they ( the seller) paid too much for it x amount of years ago.' my immediate thought to that was, if the comment-maker was on te other side of the story, they would expect their buyer to pay somewhere close to the asking price, to recoup what they could. Let's take good old Brit1234 for an example, he's looking for a house. (don't want to use FTB dan as I think he talks sense and is willing to dicuss the argument rather than the person). So, Brit eventually buys a house, lives in it for a few years then the wife tells him she is pregnant. Calls the EAs then ensue, appraisals are given, and damn it that Crash he wanted sooo much has happened, and Casa de Brit is worth £40k less than he paid for it. But he needs to sell, and OF COURSE those poor ftbs are still around, desperately seeking a home. So. In this situation, what wins out? Brit1234's supreme altruism and Messiah-like desire to help his fellow man? Or the shadowy little corner in his soul that doesn't want to 'lose' his money?
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Posted Date: Monday 27th June 2011
Wow, Brit, if you think you have that much foresight, fancy telling us the lotto numbers for this week? I will (kinda) agree with you with regards to some BTL investors, although many of them are currently providing a home for you and yours as we speak. The investors I truly TRULY dislike however, are those frm what I term the Channel 4 School Of Estate Agency. You know the ones, knock a few £k's off a place, bit of cheap magnolia (ick) paint and a crappy Ikea kitchen and remarket for £30k more. The ones who are convinced that they know best, even when it is their first one. @ RnR, true he could get that off his onward purchase, but given his apparently strict guidelines I doubt he would find one in his price range.
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Posted Date: Wednesday 20th July 2011
As this is a conveyancing firm, dont many of them have 'agreements' with corporates? I know when I was with a corporate we had to get vendors signed up with the conveyancer and the paperwork done when the property was marketed, thereby instructing the 'solicitor' before a sale was agreed. In which case their figures of people pulling off from the market because they cant get what they want makes slightly more sense. Or am I going crazy?
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Posted Date: Monday 25th July 2011
Brit, I bought my first place with the Homebuy scheme, 6 years on and I'm still there. Yes, I know it will be difficult, if not impossible in this climate, to move to something bigger, but at the moment I am content where I am. I dread to think what little hole I would have ended up in if the scheme hadnt been available. So, yeah, in the future I will have to give them back 25% of what I sell it for, but thats still a better deal than if I had been renting for the last 6 years....
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Posted Date: Tuesday 26th July 2011
That is actually a source of debate between me and my husband (yes, PeeBee hun, we are still together. Sorry!) I believe we will repay 25% of whatever we sell it for, regardless of the selling price. He believes we will have to repay either 25% or the original 'loan' whichever is greater. As PeeBee said, I will decide when I sell the property (despite His Lordship's thoughts that he is The Boss) and what I sell it for. I dont believe that this scheme would be feasible for short-term use. We knew when we moved in we would be there for a large amount of time. We may look to sell in a few years, depending on the market at the time. Shared Ownership has still to convince me it is worthwhile though. I've seen many of them with high mortgage payments, plus high rent etc on top.
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Posted Date: Friday 29th July 2011
This is a bad, bad idea....
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Posted Date: Friday 29th July 2011
IO, you could say that about anyone. I know someone who went for a job interview recently. Lovely chap, lots of experience, and he was there with 30 other people. 29 of whom went away disappointed. Is that the interviewers fault?
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Posted Date: Saturday 6th August 2011
RR, this is the internet, sweetie. Anonymity is one of the perks. For all you know, I could be a 45yr old bloke overflowing my office chair. Or a 19 yr old girl with two year old twins. I will fully agree, if, for example, someone was to insult you personally in terms of your ancestry, sexual orientation, family life or any of the other multitude of reasons out there, then you would have just cause to be upset and demand for them to be unmasked. You would probably get laughed at, but you would be within your rights, and to sue them as well if you knew who they were. And yes, it is possible to find out who someone is based on the computer terminal they are sending the messages from, as well as their connection. It's what IP addresses are for. But to demand for someone to be 'unmasked' based on their opinion is laughable. Even more so than some of your ideas to revolutionise the industry. No one has said that you are in anyway similar to this indiviual in the article, as much as many people disagree with you, your website and your take on many things, you still score slightly higher on the CountryLass Respect Scale. Only slightly, but never mind. PeeBee was merely saying that he is offering the same advice to Bobby as he had to you.
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Posted Date: Saturday 6th August 2011
I did an advert for an in-branch financial advisor several years back. Went something like; For first-time buyers, we are fits-class suppliers, of moving and mortgage advice. Come and see Jenny, She can save you a penny, and maybe a whole lot more.
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Posted Date: Saturday 6th August 2011
should be 'first-class' sorry!
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Posted Date: Sunday 7th August 2011
RR, very true. But I could also tell you that my name is Jennifer, I'm a 25year old from Sussex who moved to this area to be with my husband. And without a lot of Internet searching worthy of several government bodies, you would have no choice but to believe it. I've disagreed with many of your ideas. I think that you are looking at things from the wring viewpoint, and therefore you will never get the 'right' answers, or understand why I believe what I do about you. Many probably think the same about me. Do I accuse them of libel or slander? Do I get upset when a friend or family pulls me up about something? No. Do I kick back at people insisting that they are right simply BECAUSE they are right? Yes. I try to reason with them and understand why they think the way they do. When I come across a wall of pig-headedness as insurmountable as yours, I shrug my shoulders and wander off. Plenty of open-minded people to have a bl**dy good debate with. And as many who know me will attest, not only would I debate with people in a similar way face to face, but I would also be a darn sight less polite about it. So, please tell me, what have I said that would make you want to go the the effort of 'finding' me?
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Posted Date: Monday 8th August 2011
So, basically, you can give your opinion that I lack wisdom and knowledge and cannot see the breakdown in society caused by the Internet, but I can't say my opinion about your ideas and thoughts? Hmmm, think I'm seeing a double standard here.... No, I don't want to meet you to debate. Why would I? You would refuse to listen to any viewpoint apart from your own. That's not a debate, that's a war waiting to happen. Best case scenario is you would end up wearing my drink and I would get concussion from banging my head against the wall. And face to face debates are rarely polite, as you get emotions tied up. With a forum such as this you can decide what you want to say and think through the consequences.
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Posted Date: Monday 8th August 2011
I was a bit miffed by 'babe' myself, but figured since I'd called him 'sweetie' I couldnt really complain. Sauce for the goose and all that.
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Posted Date: Wednesday 10th August 2011
FTB Dan, I dont think people on here despise you as you havent bought a place. You have your views and we have ours. Both are convinced we are right. Doesnt mean the other one is wrong though. You seem to be willing to listen to the opinions of others and when it comes to putting your own across, i dont get that feeling that you are parroting what 'some bloke down the pub' said.
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Posted Date: Wednesday 10th August 2011
Has RR run away? He seems to vanish whenever people dont agree with him.
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Posted Date: Thursday 11th August 2011
@PeeBee, maybe he is out browbeating solicitors for not doing his lawsuit for free?
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Posted Date: Thursday 18th August 2011
I used to find getting on with the concierge always helped.... I'd call a few minutes before I arrived (using handsfree, naturally) and tell them I was on my way. They would then check who was out and either give me a free space to park, or let me use the loading bay, on the understanding that I would be there for only half an hour. Saved me a blooming fortune, and no need to break any laws.
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Posted Date: Tuesday 23rd August 2011
@big cheese Try shadowing an estate agent and valuer one of these days. Then you may possible know what the hell you're talking about.
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Posted Date: Wednesday 24th August 2011
Try telling some of our clients that we're "getting in everybodys way". Chances are you have never seen what happens when a sale goes wrong, and the amount of chasing and effort it takes to get it back on track. And I have plenty of guts, thank you, I also has enough decency and morals not to wish people out of a job.
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Posted Date: Wednesday 24th August 2011
Most properties are put on (by good Agents anyway, I'll freely admit there are bad ones out there) at as close to a realistic price as we can get the vendor to agree to. Many Vendors have an inflated sense of what their property is worth, and we have to manage those expectations and get the best price we can. If that means trying them at a slightly higher price than we would prefer for a few weeks, then so be it. Put it in the contract that it must be reduced to £x within one month. As much as many Agents would like to pile properties on really low and sell loads of them, people tend to forget that these are peoples homes and lives we are dealing with. We advise, help and console at various points throughout the process. Imagine I turned up at your house and told you that although you paid £200k for it a year ago and have spent a further £15k on it, due to the affordability of current buyers it has to be marketed at £120k. Would you be happy to do that?
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Posted Date: Wednesday 24th August 2011
@PeeBee, Thanks! ;-D
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Posted Date: Wednesday 24th August 2011
Well done, you have more brains (and manners) than some Vendors I have dealt with. So, carrying this scenario on, you need to move within the next 12 months and you are confident that a buyer will be found at around the £200k mark and you want to try it at that price for a while. It's not beyond the realms of possibility for a buyer to come along with that amount to spend. So. As the Agent, what is the 'right' course of action here? To call you a delusional fool and give a competitor the chance to sell it, or agree to give you the chance to get what you want, within certain contract requirements?
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Posted Date: Wednesday 24th August 2011
ok, I take the bit about brains and manners back. Thanks for giving me your mental age dear.
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Posted Date: Wednesday 24th August 2011
For every example you give of a property sitting on the market at a stupid price i can give you a) a vendor who cannot afford to sell below that price, b) a property that came on at ambitious price and sold c) a property that comes on at a fair price that the market then drives the price up further than we dreamed possible. No-one knows the future. You say how can I tell a property will sell at that, I say how can you say it WON'T? In my office we try and price realistically, and we have walked away before now, but we do sometimes take places that we feel are after a bit too much if we believe we can sell them.
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Posted Date: Wednesday 24th August 2011
@Raymondo - please tell me you're joking? I'm already married, and the sense of humour leaves a lot to be desired, even if I wasn't! xx
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Posted Date: Wednesday 24th August 2011
I can't give one of each for every example, that's true. I have had allof those scenarios happen though, and more often than I would have suspected looking from the outside. Every vendor, property and scenario is different, and all of our 200+ vendors are aware that we are not going to guarantee them a timescale to sell in. At the moment we are advising many of our clients to look at Offers Over prices. Seems to be working. One property we had (put on by someone who left our office shortly after I hasten to add) came on massiveley over-priced, and took, well, a long time to sell, but we sold it and found them something new.
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Posted Date: Wednesday 24th August 2011
Thanks to you as well Unhappy Chappy, its nice to see some people understand the concept of 'debate' and can do it without resorting to insults etc. Just because we have different views doesn't mean we can't discuss them. That being said I REALLY hope you're wrong about a tough couple of years, but it's certainly not going to get easier anytime soon. Good luck to you too!
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Posted Date: Wednesday 24th August 2011
@ Raymondo Just doing my bit sweetie, just doing my bit! x
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Posted Date: Wednesday 24th August 2011
RnR - Well, older men do have an appeal....
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Posted Date: Wednesday 24th August 2011
How much have you read of PeeBee's posts? On the site as a whole, not just this thread? He used to be an agent for many years so has plenty of experience of the industry. Why did my name get put in there by the way? Random choice of people to insult? If you want to be taken seriously on here I would suggest growing up, and learning to debate properly not just cast aspersions and fling insults. It just makes you appear childish and immature.
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Posted Date: Wednesday 24th August 2011
Josh, then go back to playschool and let the grown-ups carry on without you.
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Posted Date: Wednesday 24th August 2011
Ray, I think its all about the mortgage affordability and income multipliers. Which begs the question of outgoings. Why is it that a couple with three kids can borrow the same amount as a couple earning the same wage with no children? I know there have been some lenders who look at that side of things but surely they all should? Especially for people already paying rent. Don't worry about the age thing btw, the hubby is 8 years older than me!
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Posted Date: Friday 26th August 2011
Chris, no Connells don't use computers for all staff, just the FA and the manager.
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Posted Date: Saturday 27th August 2011
Watching, I don't see what RnR has said as a 'playground mentality', not really. If HPCers were disagreeing purely for the sake of it then yes, but they are airing their views (and in the case of some doing so very well without being offensive or rude about it.) He uses the word 'discussion' partway through, and I think thats what most of these forums are designed for. Centuries ago, we would have sat round a table or parlour etc and aired our views. Well, you guys would have, I probably would have been stuck out with the 'little women' sewing and simpering in case my poor female brain melted. Pah. So, I like having Rant and some of the others on here, means I get to hear another viewpoint from mine. And unlike a certain person who shall remain nameless, If I hear an opinion or view I agree with, I am willing to review my own thoughts.
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Posted Date: Saturday 27th August 2011
Some of them are boring and pointless it's true. Imagine if the same thing happened here as on HPC, just Agents agreeing with each other? I'd rather stick a blunt stick in my eye. Some are plainly just looking for an arguement, and those we should ignore, but I do like the debates and discussions that go on!
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Posted Date: Friday 2nd September 2011
I think this is a great idea!
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Posted Date: Thursday 8th September 2011
Maybe he's still on his "I'll unmask and sue you' kick! Should be amusing.... Careful though Wardy, you might find yourself on the defendant list with me and PeeBee!
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Posted Date: Thursday 8th September 2011
@Wardy, I reckon he dropped off the planet to try and find a solicitor as daft as him to take the case! With the amount of properties on his cr*ppy little site, and the sales conversions, one could be excused for thinking an anorexic mouse would starve to death if it was relying on him to pay the Tesco bill!
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Posted Date: Thursday 8th September 2011
I'm presuming that the 'PeeBee' post below is from the imposter..... Generally he is more inventive in his choice of comments than 'he's and idiot'
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Posted Date: Thursday 8th September 2011
Sorry 'what an idiot'
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Posted Date: Friday 9th September 2011
For some of my vendors it would be more like a thousand times of 'My agent does know what she is talking about and isn't talking just to hear her own voice'!!!!
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Posted Date: Tuesday 20th September 2011
PeeBee, he's fine, he's used to me have virtual friends *ahem* x
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Posted Date: Wednesday 21st September 2011
Bob, you do realise that it at least the third time you have made that comment? Once to Wardy and twice to Fun Boy Agent. Please get some new thoughts!
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Posted Date: Thursday 6th October 2011
FBA, have you just watched The Mechanic? I'm sure Jason Statham says that about judgement.... True though!
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Posted Date: Thursday 6th October 2011
In which case, I will apologise profusely in advance if I ever offend you! Good film though.
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Posted Date: Thursday 13th October 2011
As one person I have worked with puts it... "Welcome to you, the Graduates Of The Channel 4 School Of Estate Agency!"
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Posted Date: Thursday 13th October 2011
I had one client who told me the solicitor they were planning to use, and I nearly begged them not to. This particular solicitor is many, many things, arrogant, useless, decrepit and a waste of perfectly good oxygen spring to mind. Fortunately they changed their mind to the one I recommened.
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Posted Date: Friday 28th October 2011
There are people actually AWAKE at 8am on a Sunday??
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Posted Date: Friday 28th October 2011
ah, something to look forward to....not.
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Posted Date: Sunday 30th October 2011
I fully agree, the other posts were distasteful to say the least. I was just a bit concerned I was being lumped in with them!
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Posted Date: Friday 28th October 2011
Having seen some of the kids TV programmes nowadays, I am wondering if the people who make them spend most of their time high! Into The Night Garden? What do you have to be smoking for THAT to make sense? I agree with you there Sibley's, I can think of much better things to be doing in bed at that time on a Sunday. Sleeping for one thing!
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Posted Date: Friday 28th October 2011
Or you can make sure you have sharp nails, strong heels/toes on your shoes and keep the keys to the property in your hand at all times. ARLA Man, although spoken in jest, some self defence/martial arts training would be a good idea for all agents.
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Posted Date: Saturday 29th October 2011
IO what did I say that was so wrong? I don't think enough is done to safeguard Agents safety. The suggestions I made about the keys, nails and shoes are what I do when ever I attend an empty property. Same sort of thing when I go out with the girls at night.
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Posted Date: Monday 31st October 2011
I would say that it ALLOWS Vendors who would do that, rather than encourage them. Some people just want to test the market. I think that people would actually be less likely to market a property with an Agent if they knew that they would have to pay regardless. It's the same as an upfront fee, wheres the incentive to sell? Dont forget, an Agent gets paid at the end normally on a %. More incentive to sell quickly, at a higher price.
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Posted Date: Monday 31st October 2011
Oh I fully agree! Nothing more irritating than a speculative vendor testing their property at a daft price, confusing 'proper' vendors and buyers.
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Posted Date: Tuesday 1st November 2011
What's the ??? for ARLA Girl?
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Posted Date: Friday 4th November 2011
Richard, To get my NAEA technical award I had to study quite a lot. I had four exams on various topics, including the building structure and legal practices. Minimum pass grade was over 80%
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Posted Date: Monday 7th November 2011
What about the cheap people around my area who nick the boards to use to clear driveways when it snows? It's going to get expensive if that keeps happening.
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Posted Date: Tuesday 8th November 2011
Down my area, I'd go with Really Idiotic Crap Scaremongers!
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Posted Date: Wednesday 9th November 2011
My parents had that, they were within about a quarter mile of a river that floods annualy and so they were told that they were a flood risk. The fact that the rest of the village, and probably a fair amount of the country, would need to be flooded before the water reached the bottom of the road was beside the point....
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Posted Date: Wednesday 9th November 2011
Are they taking cash sales, where the buyer doesnt have a survey into account? Or ones where the stupid surveyor makes claims, later proved to be false, that threatens the sale?
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Posted Date: Thursday 10th November 2011
About and much as I want to go and have a drink with Mr Hendry to be honest!
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Posted Date: Thursday 10th November 2011
As much, sorry.
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Posted Date: Thursday 10th November 2011
I'm still unsure as to why some people seem to not like the old Homebuy scheme, I used it and I would've recommended it to everyone if I could. I did recommend it to some other FTB's and they seemed pleased as well.
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Posted Date: Thursday 10th November 2011
I'm not sure if I like the fact it's ONLY for new builds now though. I know what you said about in a good market, everyone loves new builds, but I've never really been a fan. They can be too coulless, the Ikea flat-pack version of a house. If they made it available for new builds AND properties built within, say, the last 30 years or so that would be different. You're widening the market sector available, whilst hopefully cutting out ones that could have problems caused by the age.
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Posted Date: Thursday 10th November 2011
Damn, I've just dropped my crystal ball! Ask me in 5-10 years Brit. I've lived there for 6 years now, bought just before the prices went crazy, so I'n not sure there will actually be a problem. So, if you are a first time buyer, why are others listening to your advice? Not exactly going to be a wealth of experience and a font of knowledge are you buddy?
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Posted Date: Thursday 10th November 2011
Would you take advice on how to drive from someone who hadnt got a licence? My brother tried that and I threw him out the car on the side of a dual carriageway. I'm not saying he doesnt have valid points and opinions, but I certainly wouldnt take advice from someone with a vested interest in low prices and a cemented stance on not buying, like Brit's.
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Posted Date: Saturday 12th November 2011
Yup! The basic principle has benefits, but Icertainly wouldnt be happy paying £150 for someone to hold a £500 deposit! What happens if it gets downvalued, and the vendor wont renegotiate? Who loses the deposit?
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Posted Date: Monday 14th November 2011
But I would still have to pay £75+ for my money to sit in your account, when I dare say many local conveyancers would offer this service either for free or a small charge incorporated into the overall fee.
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Posted Date: Wednesday 23rd November 2011
FTB Ollie, so what happens 3/4 years down the line when you want to sell you house, and other FTB's are not interested in your crummy old terrace/flat when you want to recoup the money you have laid out? This scheme is short-sighted in the extreme.
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Posted Date: Wednesday 23rd November 2011
Ollie, OK, so 10 years. A lot of the HPC crowd seem to think it will take that long to recover from the crash 'just around the corner.' So in 10 years time, you are expecting the property you have been 'helped' to buy to be worth enough to cover 1. The equity 'lost' in the crash, 2. The inevitable depreciation of a new build and 3. The mark up that another FTB has realised that the house builders will add on. But my point still stands, and the fact you sidestepped it tells me something. Ignore the timescales. When you decide to sell, are you going to be happy that the Government is using YOUR money to help people stop you moving?
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Posted Date: Wednesday 23rd November 2011
But when you come to sell either the car, or the family home, the outstanding finance on it will dictate what you can sell for. If you owe £80k (random figure btw) on the house, then that it what you will need, at least, to enable you to move home, even if family home are currently selling for £60k. So, at that point, in that scenario, I ask again. Would you be happy that the first time buyers are being steered away from a) your place and b)the house belonging to the people who want to buy yours when they have sold theirs? Yes, this scheme, in the short term, will help FTB's get a roof over their heads. But what is the future cost going to be?
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Posted Date: Wednesday 23rd November 2011
So you're planning to pay off a 20-25yr mortgage in 10 years?? If that's the case, rent for a few more years and then buy whatever you want with a larger deposit! Up until that point dear boy, you seemed to be talking sense, albeit from a different viewpoint and opinion than mine.
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Posted Date: Wednesday 23rd November 2011
Of course not, we're Estate Agents, not Financial Advisors! My point is, if you feel you will be able to pay of a loan of c£120k (based on new builds round my area as a minimum) in 10 years then either you have a really good job or you have underestimated the amount you will be paying. And if you earn enough to not blink at paying above £12k a year for the mortgage, why are you planning to take money designated to help those who may only earn £15-£16k each a year?
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Posted Date: Wednesday 23rd November 2011
And first time buyers tend to be younger people. The ones who dont generally earn the big bucks. It was more the fact that if you earn such a large amount, isnt it a teensy bit selfish to use a scheme designed to help peole who would need to save for years to be able to afford the deposit? And who said anything about stamp duty?
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Posted Date: Friday 2nd December 2011
Well, according to that site, My place is within 500m of a flood risk area, but not within 500m of flood defences or an area benefitting from flood defences. So, what does that mean? I'm surrounded by rather steep hills, withthe water some distance away at the other end!
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Posted Date: Friday 16th December 2011
PeeBee, I'm going to guess he is talking about the theory that we play buyers against each other to drive prices up. In which case matey, lets save you the trouble. That's BUYERS bullying buyers, and from personal experience, most Agents hate it as much as the buyers, especially if its a repo with several offers in branch. I have often heard the phrase from a colleague ' I don't give a damn who buys it, just stop people bloody calling!'
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Posted Date: Friday 16th December 2011
Gazumpa, please explain. Maybe I'm wrong and you had a valid point to make. Don't jump out of the fight if someone points the water-pistol at you!
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Posted Date: Thursday 22nd December 2011
@ Anon, I like it!
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Posted Date: Wednesday 4th January 2012
I can see where being able to link property details into Facebook when you have had an offer accepted would be good, in an "OMG look what I've just bought" sort of way, in the same way my friends and I generally do with a wicked cool pair of shoes, but other than that I'm not convinced this is either a) a good idea or b) workable in the general market. You can't just 'spam' people on Facebook, they actually have to come and find you first. Innovative certainly, and possibly useful as a stepping stone to a much better product, in the same way that a bow and arrow is the distant ancestor of the gun, but not quite right for now.....
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Posted Date: Wednesday 11th January 2012
Where did you get this 'quarter of an hour' thing from? Pretty much every valuer I have worked with, and myself when I have valued, spends nearly an hour at a property, depending on the clients wishes. I do know of a surveyor who once spent 10 minutes at a 3 bedroom penthouse flat though......
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Posted Date: Wednesday 11th January 2012
@ Lance, True those costs will eat up a lot of the money, but if they decided to move then they would have to pay it anyway, and with it they can possibly get a nicer house. So if they were planning on spending £150k plus costs, they may be able to buy at £180k+ with the extra. So, silver lining and all that.
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Posted Date: Friday 13th January 2012
I had a vendor who instructed me to go back to his buyers with a spiel like that. They very politely told him where the bus-stop to He!! was and bought somewhere else! Genius, Mr Hendry, that's a fab idea!
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Posted Date: Friday 13th January 2012
And yet not a word from the man himself. Unusual. In an effort to be fair, I will say that I agree with two points, that the correct price when marketing is important, and that the 'wrong' price can put viewers off.
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Posted Date: Saturday 14th January 2012
Price is important, it always has been and always will be. We had a place recently, absolute dump, you wiped your feet on the way out, and even the most deperate hobo would rather sleep in the snow that in there. We marketed it at a low price we knew would get interest, and then watched people flock to the block viewings. Understandably it got significantly more than the asking price. We also have a property where the vendor has dtupidly decided to ignore all the advice and work we have done over the past several months (and tht Agent before us) and INCREASE her price, so from getting a few viewings, we are considering having a paramedic in the office for the amoutnt of people asphyxiating from laughter! So I would say that the 'correct' price for any property is one that generates interest and viewings and leads to an acceptable offer. Everyone expects offers to be made on a property, so the asking price is more of a 'first offer' from the vendor for the buyer to counter.
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Posted Date: Monday 16th January 2012
I did think it was a bit strange to be honest PeeBee! I almost (only almost, mind) miss the fact he can't be bothered to respond to anyone. Means I can add rude to the other list of things I suspect about him though. If he gets the Hendry Law, can we have the CL/PB Accord, which means we can tar and feather people pretending to be experts when they clearly aren't?
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Posted Date: Monday 30th January 2012
Ahem-hem *raises hand* I did question the content. I wanted to know; "Country Lass on 2012-01-11 09:56:12 Where did you get this 'quarter of an hour' thing from? Pretty much every valuer I have worked with, and myself when I have valued, spends nearly an hour at a property, depending on the clients wishes. I do know of a surveyor who once spent 10 minutes at a 3 bedroom penthouse flat though...... "
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Posted Date: Monday 6th February 2012
Am I going crazy? I swear I saw that primelocation advert last year....... Mainly because I rmember thinking she was crazy!
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Posted Date: Wednesday 28th November 2012
Oookay. Technically feng shui, energy clearance and house blessings can be done by anyone with access to Waterstones and a spiritualist shop. Hells, I could do it if people wanted to pay me to!
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Posted Date: Thursday 29th November 2012
Oh, I am aware, trust me, my mother is a spiritualist healer. It's probably why I don't really see the need for the website, as I know that I an most of my family have the knowledge and equipment to do parts of this, and access to the bits I can't. Although the'house blessings' bit does strike me more as a 'party planner' service... But hey, if they make money, fair play to them!
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Posted Date: Thursday 29th November 2012
Had some other things going on PeeBee, one of which will arrive in about 3 months, so I've been working as hard as I can to pay for the little thing! I've never really thought about it, I have offered her holistic therapy services to particurlary stressed vendors before now, but the idea of offering a blessing hasn't crossed my mind. Mainly as I know they would be expecting a show, and I tend to be a bit more upfront. Partly as I think that it's the placebo effect that helps as much as anything else. I am planning on 'clearing' the nursery though...
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Posted Date: Tuesday 13th August 2013
Someone who dealt with all our corporates once uploaded all the photos of a property, then made it live without checking, so it ended up being advertised with a great big board in the kitchen bearing the slogan 'Gordon Brown is a w****r'! Was not overly pleased when we spotted that! Having worked for YM I'm surprised the admin department let him get away with it, I once got told to go and retake the garden shot as you could see the top of the vendors head peeking from behind a shrub!
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Posted Date: Tuesday 13th August 2013
PeeBee my friend, I'm just trying to get up to speed on what's happening in preparation for my return to work :-( Discussions are always good though!
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Posted Date: Tuesday 13th August 2013
I am only to be a part-time coal-miner I'm afraid, CountryBaby requires the rest of my time!
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Posted Date: Tuesday 13th August 2013
Why don't we ignore the fact that its a High Street vs Online Agent situation here for a moment. If, say, Your Mive had got a testimonial basically saying "Hamptons suck, but Your Move are fantastic" would there still be the huge uproar? Personally I try never to openly denigrate a competitor, subtlety works just as well, and I would always omit names, simply as I think it reflects badly on me, plus they would probably turn around and try and do the same thing. But this client is also entitled to give his opinion, some common sense and professional courtesy could have been good though...
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Posted Date: Tuesday 13th August 2013
Mive? *Move
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Posted Date: Wednesday 14th August 2013
CountryBaby is a happy little girl, a fairly strapping specimen apparently to judge by other babies her age or older.... Everywhere I go she seems to be bigger than the rest. But hubby and I are both tall and she seems long rather than fat so I'm not too worried. Names vary depending on the time and mood, from 'sweetie' to 'what the heck is wrong?' But mainly Grace. Born exactly on time, and has already been to help me with a valuation, so possibly a future estate agent! (Friend of family wanted a rough guide on second home, I didn't just rock up at the office and do appointments! ;-))
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Posted Date: Wednesday 14th August 2013
There are a few solicitors I deal with that have advised their clients not do pay the search fees etc until survey has been done and mortgage offer issued. Whilst I can see that they are potentially protecting the client in some ways, it can cause needless delays and stress to all involved if things drag on.
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Posted Date: Wednesday 14th August 2013
Sometimes stamping the right way at the right time can help.... Usually does for me, but managing the expectations is good too, just tell them you will do what you can and keep to it as best you can. Still not really sure why it can take several weeks from the time the survey is paid for to when the surveyor calls tho...
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Posted Date: Tuesday 20th August 2013
How is it immoral? The buyers themselves dictate the prices to a certain extent. To get the property they want they will pay what they can/have to. If they know that one down the road sold for £120k, and another one comes up at £123k, then to get the house they will pay it before someone else does, providing they think its worth it. If the same house came on at £135k, then they would offer lower or wait til the price was right.
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Posted Date: Saturday 21st September 2013
Huh. first thing I thought when I read this article? they charge on sale agreed and promise an offer. Nowhere does it state that the offer had to be acceptable, qualified or even from an actual purchaser! plus, all they need is a crooked investor to offer on a property and then pull out once the invoice is paid! Should I be worried that's how my mind works?
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Posted Date: Tuesday 29th October 2013
Awful ,just awful. My sympathy goes out to their families, and best wishes for a speedy recovery for Karen.
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Posted Date: Tuesday 29th October 2013
I've worked in the corporate area, and hated the pressure for mortgages, I actually had one 'colleague' butt in on a conversation I was having with a buyer, and talk over me to book the appointment, as she was running 'low' that week! Impressed I was not, especially when my manager agreed with her, and said I should have booked it before she had the chance! Now on the independent side, we offer the services of an independent firm, if they choose to take a mortgage through them then we get a small referral fee, same as we do with our local solicitors, but there are no targets, and the main benefit we tell our clients about is that we can push for updates due to our relationship.
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