Tag Archives | property

The demise of the online estate agency sector

The demise of the online estate agency sector

‘Happy New Year… As I sit down to write this article, the first one of 2019, the estate agency news magazines, websites, portals and indeed, Twitter, are full of stories about the demise of the online estate agency sector, says Adam Walker, I hate to say ‘I told you so,’ but…” Emoov has just collapsed […]

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Students are scum, aren't they?

Students are scum, aren’t they?

Every year, over 200,000 students rent a house for the first time.  For most, it is their first experience of dealing with a letting agent and all too often their experience is a bad one.  I speak from personal experience as both of my daughters have recently graduated from university. One of my daughters said […]

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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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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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