BREAKING NEWS – top 5 stories 18/03/2021

Estate Agent Networking Breaking News

YOTI AND CONNELLS ANNOUNCE TIE UP

I must declare an interest here as with my other hat on as Founder and CEO of Proptech-PR YOTI are a client, but the news that Connells has switched to using their services is without doubt a winner for all parties.

Without boring everyone the capabilities and pricing and efficiency of YOTI https://www.yoti.com/ and the technical efficiencies are second to none, and well done to Connells for seeing the obvious advantages that this adoption will bring across their business.

I was lucky enough to go through the full pitch and capabilities of YOTI with James Lancaster their sales manager, and daily being pitched tech solutions in all verticals – it was obvious from what it could do – the already existing partnerships YOTI has and the need for an industry digital truth that all stakeholders would accept – this was top of its class and years ahead of anything similar.

YOTI’s – buy line is ‘Digital identity as a force for good’ if I were back as an agent tomorrow I would certainly have them in my toolbox, as opposed to more expensive solutions.

ANOTHER STRATEGIC PURCHASE FOR LEADERS ROMAN GROUP

LRG has acquired Guardian Residential Lettings, based in Harlow which is yet another strategic purchase looking to bolster their real estate footprint in new territories.

PURPLEBRICKS WILL IT EVER MAKE PROFIT?

Turnover is vanity, profit is for sanity, or so the saying goes, and could after six-years and hundreds of millions of pounds washing through Purplebricks – the day dawn when they make profit?

Some pundits have been very bullish about this onliner. Well with the annual financial statement due in a few weeks it will be interesting to see what if any profit they make, and what percentage this is against turnover.

As if in a pandemic with lockdown, if an online agent cannot make profit, the question has to be asked when will it?

PROPERTYMARK – SHOULD IT STAY OR SHOULD IT GO? OR SHOULD IT BE RENAMED RoPA?

I know I go on about Propertymark, but daily I get emails from agents who pay to be a member of Propertymark, saying they want guidance and help and support but all they seem to be getting is newsletters – with a drip, drip message they must undertake training for RoPA.

‘The Regulation of Property Agents (RoPA) Working Group recommends that property agents be qualified at Level 3 and company directors or managing agents qualified at Level 4. Be prepared and get qualified now.’

I know that Nathan Emerson is an extremely capable agent, but as acting CEO I feel he has an uphill job trying to put a spin on the numerous departure with zero explanation from the C-suite. And urging folk to part with hard earned cash to do training courses for RoPA which has not been passed by the government and may stay at committee stage (forever) does little to help their cause.

LETS BID PROPERTY LOOKS TO GIVE AGENTS ACCESS TO PROBATE SALE INSTRUCTIONS

In a marketplace dominated by the need to gain new inventory, Lets Bid Property is signing up a new tranche of estate agents with their automated service which allows agents to access probate properties.

Given that this vertical of the instruction market is often opaque or dominated by asset management interests – this service has an obvious return on investment and will be welcomed by forward thinking agents.

The founder of Lets Bid property Milton Rodosthenous has spent huge amount of time and finance developing a software solution that opens up this income stream for agents, for anyone interested full information can be obtained https://www.letsbidproperty.co.uk/contact-us.php

Milton Rodosthenous who has a huge background in real estate saw there was a need for all agents to access this marketplace, that until now has been a very hard sector for many agents to get traction in.

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate. Want to contact me directly regarding one of my articles or maybe you'd like a chat about future articles? Email me via editor@stagingsite.estateagentnetworking.co.uk

You May Also Enjoy

Breaking News

Breaking Property News 11/11/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Navigating new legislation in the Lettings sector Paul Starkey, technology and property industry veteran and also advisor for Symple, gives his take on how to better monetise lettings operations. ‘During a housing crisis, the last thing the UK needs is a subsequent catastrophe in…
Read More
how to present your property for sale
Breaking News

Areas in England with the best value for house prices and education, according to new research

Kingston upon Hull has the highest combined score of 75.30 out of 100 for bothhouse prices with adequate value and ‘outstanding’ schools Three Rivers is in second place with a score of 73.73, while Preston takes third place with a score of 72.66 The study created scores by determining areas with relatively low house prices…
Read More
Estate Agent Talk

Why Every UK Estate Agent Needs a Modern CRM to Stay Competitive

Despite their best efforts, many estate agents in the UK are struggling to meet their business goals. What’s holding them back? According to industry experts, one key issue is the absence of an effective CRM (Customer Relationship Management) system. In today’s fast-moving property market, estate agents face numerous challenges—from managing client turnover and tracking leads…
Read More
Home and Living

DeWalt: An Indispensable Helper During Your Move

Moving is a process that many of us experience with a mix of excitement and anxiety. From packing to unpacking, transporting to setting up furniture, every detail requires attention and effort. In such situations, having a reliable helper like DeWalt tools can significantly simplify and speed up the moving process https://www.ukplanettools.co.uk/dewalt/. 1. Packing and Disassembling…
Read More
for sale sign london
Overseas Property

Exploring Homes for Sale in Spain: A Guide for International Buyers

Spain has long been a top destination for international buyers looking to invest in real estate. Its combination of sunny beaches, rich culture, delicious cuisine, and vibrant cities makes it a favorite for those seeking both a holiday retreat and a valuable investment. With a growing market and diverse options, homes for sale in Spain…
Read More
Home and Living

10 Tips for Moving Home

Moving home is an exciting yet challenging experience, requiring careful planning and organization. The moving process can be stressful if not handled properly, from sorting belongings to managing time. These 10 tips aim to make your move smooth and stress-free, helping you easily settle into your new space. 1. Start Planning Early The earlier you…
Read More