Property Investor

Beware the “Black Friday” Estate Agent!

When the shopping phenomenon Black Friday crashed upon these shores 5 years ago now from our cousins across the Atlantic it was seen as retail heaven by many.

Prices slashed pretty much everywhere on everything and the best part was its timing.

Black Friday comes after the American celebration of Thanksgiving. This year it’s on Friday 23rd  November. Just over a month before Christmas – hurrah for cheaper presents. [···]

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What should High Street Estate Agency do now?

I think it is fair to say, that it hasn’t been the best couple of weeks for the online budget agents.
First there were the revelations and well documented problems with the second largest online agent eMoov, who are seemingly in financial distress and looking for a buyer.

Only a few days before, the company’s visionary, but controversial chief executive, Russell Quirk openly admitted that the online model wasn’t working in its current guise and not sustainable and that it hadn’t made the inroads into the High Street market share that he and others had predicted.
Meanwhile, Purple Bricks, the largest of the budget agents has seen its share price drop over 60% from its peak around 6/7 months ago, whilst increasing its minimum upfront fee to around £1200 if you include viewings. It is even higher if you are in London  [···]

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Protecting Pets on Bonfire night!

The build up and festivities around Bonfire Night has already started, with a number going off on Halloween. For families with young children, it’s a time of great fun and excitement.

But it’s not all excited gasps at whooshing rockets, that seem to get louder every year and delighted squeals at the site of spinning Catherine Wheels- if they are still in existence!? lighting up the night sky. [···]

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An opportunity missed for the housing market

Philip Hammond delivered his final Budget before Brexit on Monday and it provided a great opportunity for him to help steady an increasingly jittery housing market. Sadly, and not for the first time he failed rather miserably to address the real issues and instead offered up a rather damp squib of a Budget where housing is concerned. [···]

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Should I exit before Brexit?

One question I am being asked more and more by home sellers, buyers, landlords and property investors “How will Brexit affect the house market?”

It’s a good question and certainly very topical right now and I guess the honest answer is nobody really knows. There are plenty of so call “experts” better qualified than me giving an opinion, however I suspect a lot will depend on what sort of Brexit we see come 11 pm on March 29th 2019!  [···]

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High Street or Budget Agent – who’s really selling property?

There has been much said and a considerable amount of mud thrown in an ongoing and rather unedifying pitched battle between traditional high street estate agents and the new breed of low cost budget agents, that has raged for a few years now, with both vying for the hearts and minds of house sellers. [···]

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Are you missing out on 50% of your Rightmove buyers?


Do you know what price your property is currently being marketed at? The exact price I mean? For example, is it £400,000 or £399,950? You might think, so what? It’s the old £99.99 under £100 syndrome, however the difference here is more important than you might imagine, I’ll explain why: [···]

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New home for Christmas?

If you’ve ever done a long car journey with children, you’ll no doubt have heard; ‘Are we there yet?’ if like my middle lad, Joe, it was usually within five minutes of getting in the car!

And if you have ever had the misfortune to deal with a dodgy mechanic (Cheadle has plenty of good, honest, hardworking ones by the way) you may recall hearing, accompanied by a dramatic intake of breath ‘It’s the crank shaft or big end! that’s gone. That’ll cost you a lot.”  [···]

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