Archives for Nov,2018

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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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