Is this the end for Tenant-find only?

Is this the end for Tenant-find only?

One of my big clients has just dis-instructed themselves from 131 tenant-find only properties that used to bring in fee income of just over £50,000 per annum.  They have been planning to do this for three years and they have finally done it.  Are they mad?  Well, let me try to explain their logic. Their […]

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If only

If only…

Grant me just a single “if only” and I would probably be a billionaire by now.  If only I had mortgaged myself to the hilt and bought more buy to let properties in the early 1990s when they were so cheap.  If only I had bought all the estate agency and letting businesses that I […]

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Fight back or perish

Fight back or perish

Imagine that you owned a Michelin-starred restaurant that served delicious food at £100 per head.  How would you react if a new McDonald’s restaurant opened right opposite you?  Would you start serving burgers and chips at £2.99 per portion or would you work still harder to serve even more delicious food at a premium price? […]

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Who Will Defend Us?

Who Will Defend Us?

I have written about this subject before but it’s becoming ever more important so I make no apologies for writing about it again.  Hardly a week goes by now without a negative article in the press about estate agents and landlords.  Last weekend, a leading firm had their office besieged by a large crowd of […]

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What next for the online agents?

What next for the online agents?

The online agents have made considerable progress in the last year but I do not believe that this will continue.  Why do I say this?  Because I suspect that they are not selling enough houses.  A really good estate agent will sell 90% of the houses that they take on and will get 90% of […]

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Is the tenant fee ban the thin end of the wedge?

Is the tenant fee ban the thin end of the wedge?

I am beginning to wonder what I’ve done to offend this government.  Firstly, David Cameron misjudged the mood of the electorate and triggered Brexit.  As a direct consequence, fifteen of the estate agency business sales that I had arranged fell through.  I spent four months putting most of these sales back together again only to […]

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Tax is no longer optional

Tax is no longer optional

I never thought the day would come when I would write an article on this subject but I am going to use my column this month to talk about why you need to pay your tax.  I haven’t suddenly become a socialist and I am certainly not going to give moral advice.  I am well […]

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How Councils are contributing to homelessness

My local pub has an extraordinary notice on the door.  It says “No children in either the pub or the garden, no exceptions.  Dogs welcome!”  Most discrimination is illegal now but child hating, it seems, is still allowed.  So is discrimination against tenants on housing benefit.  Almost every local newspaper, especially those in the poorer […]

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Why Councils should not be letting agents

Why Councils should not be letting agents

For the first time in twenty-five years, I have resigned from a consultancy assignment without finishing it.  I was asked by a council to help them to prepare a business plan to set up their own letting agency.  I had reservations about taking the job from the outset but I had no other clients in […]

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Will the online agents destroy us?

As I sit down to write this article, Purple Bricks has just been valued at £250 million!  Personally, I would not dream of investing in the business at this level but an awful lot of estate agents are growing increasingly worried that the online agents will destroy them.  So will they?  Personally, I think that […]

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