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james parker

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About Me

my expertise in the industry

james's Recent Activity

Turnover and market share is vanity. Margin and profit is sanity.

From: james parker 07 November 2019 07:46 AM

If the franchisor has any control on what you do and how you do it you are a worker under employment law are entitled to the same rights and rate of pay as an employee. I know because as a franchisee with Century 21 I came across this at a tribunal and won (no one wins though) as we did not determine what our self employed agents could do. I have no belief in the self employed (online) route anymore as there are not enough margins (money) in it for both parties so no one wins. I employ all my agents and staff now and have never looked back. Everyone gets paid more and the customers experience is far superior. You have to remember the USA system works in the USA as their commission levels are 6%-8% so everyone makes money. In the UK you are 1%-2%. It's not sustainable long term.

From: james parker 09 August 2019 09:13 AM

OTM is on it's way out. All it's doing is duplicating efforts and time chasing the exact same leads but less you are getting elsewhere.

From: james parker 09 August 2019 09:05 AM

Like it or not they're here to stay even if they go bust because someone else will pick them up. Their most valuable asset is there sales team and as long as they are their they will be here many years to come. Don't underestimate them I can see easily how to fix their problems and the departure of the original founders will allow this to happen. I for one will not turn my back on them in complacency.

From: james parker 25 June 2019 20:47 PM

Any excuse will do. On the market is 0n their way out.

From: james parker 18 June 2019 08:34 AM

Interesting that on a small scale the CMA acted yet when it comes to a huge monopolistic situation about Rightmove continually increasing prices and taking advantage of having such control and power they said they could do nothing. About as good as a chocolate fireguard.

From: james parker 13 June 2019 12:46 PM

It's a pretty easy company to turn around and make an absolute fortune and it's staring them right in the face how to do it.

From: james parker 03 June 2019 10:40 AM

They're never going to make money continuing to do what they are doing. However a change strategically in a few areas could see them being really profitable.

From: james parker 07 May 2019 20:35 PM

"The Emperors new clothes" that is all.

From: james parker 23 April 2019 07:51 AM

so is this diluting the existing self employed agents share value!!!!

From: james parker 10 January 2019 16:12 PM

That explains a lot. Thanks Auctions are not a big thing in Scotland or certainly not in Fife.

From: james parker 13 December 2018 17:27 PM

Something is not right. How can you do this for FREE (not cost to the seller) and give them £750 cash back when they sell. If this is the case I close tomorrow and pass all my property to them and make £75000 for doing nothing else!!!! I SMELL A RAT. lol

From: james parker 13 December 2018 17:19 PM

You have to laugh. You are still making a loss and thinking that throwing £100 million at it will make a difference. Does anyone not realise the Emperor has no clothes on!!!!

From: james parker 13 December 2018 10:11 AM

oops they forgot to mention outstanding liabilities and commitments. That's bordering on fraud.

From: james parker 03 December 2018 15:59 PM

The online estate agency model at a cheap price is not sustainable. Look at purple bricks they still haven't made a profit and investors are piling in like lemmings when Investment houses and advisers are saying sell.

From: james parker 30 November 2018 13:02 PM

People do not sell on price alone. It's service and track record. Price is 3rd in the list.ways about price If it was always about price the public would not use anyone else. Remember the 50% fall through rate!

From: james parker 21 November 2018 07:48 AM

This is nothing new. Just look at the USA and Europe. They work from industrial estates and provide this service. Only difference is they get 6%-8% commission!!!! You can't sustain a model like that here on 1% - 1.5%

From: james parker 18 October 2018 08:39 AM

It's the usual answer. "New customers only". I didn't sign up as all they are doing is duplicating the same listings a 4th time including your own website and from Feb 2019 you'll pay another portal. #emperorsnewclothes

From: james parker 04 October 2018 05:48 AM

If you give away FREE listings until Feb 2019 for all agents signing up you are bound to hit 11,000 agents. What does that say about you if you don't have everyone even though if it's FREE!!!!!

From: james parker 04 October 2018 05:44 AM

Got to laugh. Purple Bricks transparent pricing. Home report is double the price, if you don't use their solicitor you are charged £300, if you want viewings you are charge £300 and so on and so forth. The Ryanair of Estate Agency. Online clearly has it's place for the clients that really think they are saving a few hundred pounds in the beginning but don't realise the thousands they are losing at the end by not employing an strong / expert negotiator who's fees are typically offset by the extra money achieved. And since when was Purple bricks profitable. lol

From: james parker 21 September 2018 08:37 AM

it's a year of monte carlo or bust in 2018. This is their last ditch attempt at breaking into the market

From: james parker 09 June 2018 21:26 PM

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