Estate Agent Talk

Why is the property industry not consolidating faster?

 

The Real Estate Pundit writes primarily about Property Technology: https://twitter.com/realpundit Seriously, in a massively fragmented industry, few companies make big money and none come close to dominating in any sphere. What is it about estate agency that perpetuates an incredibly long tail of same-same service providers. There’s very little difference between one agent and another, consumers…

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Are online-only agents just FSBO in disguise?

 

The Real Estate Pundit writes primarily about Property Technology: https://twitter.com/realpundit And there it is: the deafening chorus of traditional estate agents screaming “Yes!”. For years high street agents have been crying foul that Rightmove allows For-Sale-By-Owner sites to sneak listings next to theirs. But with the barrier to entry for a new estate agent so low,…

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Agents: Don’t risk a £5,000 fine…

 

We want to express to every letting and property management agent, how vital it is to sign up to one of three government authorised consumer redress schemes. It’s already a legal requirement for estate agents to be signed up with these redress schemes, but it’s soon to be for many letting agents. From October 1st,…

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Alex Evans

A new campaign for innovation

 

As we continue into recovery it’s useful to refer to the economic clock which describes four recovery steps. So far we’ve been moving through ‘hesitant and uneven’ recovery where we typically experience one step back for every two forward. As a result, most of us have been noticing the good news/bad news mix in the…

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Agents: Are you under threat?

 

During the last few months, many online agents have started to grow in the current property industry. For example, agents such as Hatched.co.uk, Purplebricks and OpenRent have been in the media spotlight, as potential leading online estate agents. OpenRent recently launched its televised campaign on Channel 5, as well as holding campaigns in the Express…

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Make the Grade

 

Getting your staff qualified will not only set your agency apart from the crowd, but will also demonstrate commitment to your employees. Rachel Escott talks to two Scotland-based managers who discuss the impact that qualifications have had on their own careers, why it is imperative to find the time for training, and the importance of investing…

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Vendors are not your sales team

 

It always amazes me the number of agents that do not offer the most important service you can give – accompanied viewings.  Why? What is it about this crucial part of selling a home that makes you think you have to remain absent? How will you really know what the buyer thought of the home?…

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Stephen Brown

Can you describe your Estate Agency in 3 words?

 

Do you find it hard to find the right words to describe your business? You are not alone; many estate agents find it difficult to express their passion and service. But when we think about writing about our business we want to ensure amongst other things that: We write for our audience It has a…

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Experience a world without paper…

 

In today’s modern era, paper has become a necessity for every property professional, whether it comes to producing tenancy contracts to developing a terms of business. These documents have always been printed and sent by post, costing agents fortunes in stamps and printing paper. The process of selling or letting a property often takes weeks,…

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VTUK Take on the Color Run: 16th August 2014!

 

We believe whoever you are in the world, it’s important to fight against cancer. Currently 1 in 3 of us will suffer from cancer in our lives. This means that every one of us will be affected by this disease. We don’t just believe it’s important to fight against canSer, we feel it’s vital to…

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Our guide to the TPO changes 2014: Part 2

 

From August 1st 2014, the Property Ombudsman is revising its code of practice for all sales and letting agents. To make this transition easier for agents, we will be summarising each section of these changes within this post. This is the second part to our summary of the TPO code of practice. To read the first…

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Alex Evans

VTUK’s guide to the TPO changes: Part 1

 

From August 1st 2014, the Property Ombudsman is revising its code of practice for all sales and letting agents. To make this transition easier for agents, we will be summarising each section of these changes within this post. General Provisions This section of the changes clearly state how all agents and their staff, must comply with the…

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Agents … are you impatient?

 

Yesterday I was in Northampton for my sins in the Midlands giving some ‘landlord farming’ training to ten agents from the area. I stood up at the start of the day’s training and said, ‘I guarantee that if you adopt the principles of landlord farming, in 12 months time your turnover will be 20% to…

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Christopher Watkin

Q2 2014 Rental Index

 

The private rental sector looks set for continued growth with both private and institutional landlords attracted by improving yields and strong demand. However, landlords are finding that very little market data is available to help make informed investment decisions, or to fully evaluate the performance of their property portfolios. Accurate valuation and the ability to…

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Q2 2014 Market Review

 

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