Posts by Andrew Stanton
BREAKING NEWS – top 5 stories 17/02/2021
NAEA PROPERTYMARK NEW CEO TIM BALCON DEPARTS Following the shock resignation of the NAEA Propertymark president Kirsty Finney days ago the newly installed CEO Tim Balcon has fallen on his sword and left the Propertymark building. I personally have had over 40 agents contact me asking what is really going on, and if anyone has…
Read MoreShould I Live Stream or Pre-Record for a Virtual Event?
By kind permission of UNISSU the whole of this article has been reproduced, It gives a deep analytical view of whether Live Streaming or Pre-Recording an event gets better engagement from the audience, which given no real face to face conferences are taking place is a valuable insight. Written by Danielle Wilson The year…
Read MoreBREAKING NEWS – top 5 stories 16/02/2021
NAEA PROPERTYMARK THE MYSTERY DEEPENS Following the resignation of the NAEA Propertymark president Kirsty Finney who was six months in to her yearlong presidency, Propertymark are now being very tight lipped about what has happened. What is clear is something internally in Propertymark is possibly causing many to leave. In July 2020, David Cox Chief…
Read MoreBREAKING NEWS – 5 top stories 15/02/2021
NAEA PROPERTYMARK YET ANOTHER SURPRISE RESIGNATION The NAEA Propertymark president Kirsty Finney has resigned from her position, this follows a long line of departures from the Propertymark family in recent months, the CEO Mark Hayward left and then returned with a new title – Chief Policy Advisor, the Chair left and of course David Cox…
Read MoreImagine There Is No Real Estate Industry It Is Easy If You Try
To paraphrase John Lennon who was singing about world peace … Imagine, go on just imagine, that it is 2021 and real estate in all its different verticals and intersections did not exist, and it was your job to build it on a digital framework. What would it look like? I ask the question, as…
Read MoreBREAKING NEWS – 5 top stories 12/02/2021
LSL STRATEGY TO MOVE DEEPER INTO DIGITAL LENDING QUICKENS LSL property services, which has a broad portfolio of operations has now gained ownership of Mortgage Gym a digital platform that used code to dice and slice the acceptability of those in need of house funding. Mortgage Gym had previously gone into administration at a point…
Read MoreBREAKING NEWS – 5 top stories 11/02/2021
GOVERNMENT FUDGE CLADDING ISSUE 3.5BN into the war chest to help the cladding problem for high rise properties, leaves a huge swathe of lower lying properties in the mire, with loans to these stakeholders who have to fit the bill; a very partial solution to a huge crisis. Jenrick the housing secretary has responded to…
Read MoreDigital Identities – Government Publishes Draft Rules
Having been deeply interested in the need for a defined digital ‘truth’ around ID, especially in the real estate vertical, it is great to see that Stuart Young, a friend and whose work I am a great admirer of, together with a number of stakeholders and of course the government are now at tipping point…
Read MoreBREAKING NEWS – 5 top stories 10/02/2021
CLADDING CRISIS DEEPENS The cladding crisis, a problem where buildings are not fit for purpose due to their construction methods and materials, and a change in thinking following the Grenfell disaster is now becoming more intense. With a government spat likely to kick off later today, the housing minister wants to keep the lid on…
Read MoreRightmove, Making All The Wrong Moves …
£100 to £140 a month as a baseline increase in the Rightmove charges per branch. If you do the mathematics is taking an average £120 x 12 = £1,440 year. If there are 18,500 branches that is £1,440 x 18,500 = 26.6M. I am sure some corporates and larger agencies may not get hit with…
Read MoreBREAKING NEWS – 5 top stories 09/02/2021
RIGHTMOVE DEFENDS PRICE INCREASES BY STATING IT IS GIVING ENHANCED SERVICES With even more agents saying they are being faced with a 10% increase in their fees to Rightmove, the portal is now pushing the agenda that they are offering enhanced services to agents. Having now been contacted by over 300 agents, I think that…
Read MoreWhy do Chancellors Tamper with Property Taxation?
At present we are seven weeks away from, yet another government led housing market Armageddon, in over 35 years in the property industry I have seen quite a few, maybe it is time to ask why? I refer to the SDLT ‘holiday’ that Rishi Sunak announced, that was the starting pistol for the present buying…
Read MoreBREAKING NEWS – 5 top stories 08/02/2021
NATIONAL RESIDENTIAL LANDLORDS ASSOCIATION CALLS FOR REDUCTION IN SDLT Ben Beadle the reactive and sensible voice of lettings, and CEO of NRLA, has asked that the government look again at removing the additional tax that Landlord’s pay when buying investment property. Citing it increases rental prices as its cost has to be mitigated, also it…
Read MoreRightmove tells Agents ‘Let them eat Cake’
Estate agents trading from premises with locked doors or from home are being hit with large new demands from Rightmove, as they have increased their baseline pricing model for at least one agent by over 11%. In essence Rightmove covered a 30M loss, when they put on hold the revenue, they would normally get from…
Read MoreBREAKING NEWS – 5 top stories 05/02/2021
RIGHTMOVE HIKES PRICE TO AT LEAST ONE AGENT BY 11% AND MAYBE GAINS MILLIONS We have had sight of a notice from Rightmove that the baseline monthly subscription fee will be rising by 11.27%, a £140 monthly hike, as agents have had such a bumper year in 2020. Doing the mathematics if this type of…
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