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John Fairclough
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Recent Activity
There is one. RM - Master Agent - Slave.
From:
John Fairclough
10 January 2020 13:07 PM
And the next one is 'WHERE'S MY VIEWER!' for when viewers fail to show up and waste everyone's time!
From:
John Fairclough
22 October 2019 09:01 AM
Very old news!
From:
John Fairclough
04 July 2019 08:25 AM
Quite frankly I don't care what PB say/do or did or anyone else for that matter. We should all focus on what we are doing here and now with the market we have to deal with. The online agents will do what they do and we on the high street do what we do. A client chooses which model they want. It isn't all about the fee. Boards breed boards and sold by's breed more sold by's. For the 31 years I've been doing this job I love it has always been the case.
From:
John Fairclough
26 June 2019 09:31 AM
Here we go again..... For some the main issue is the sale agreed to completion time period which has got longer. Also the listing time to sale agreed time, depending on area, can be longer due to demand and market conditions. As Agents for our clients we are concerned with both ends of the transaction but we only have influence (however minimal sometimes) with the first bit - finding the buyer. Once it hits the conveyancing part well its in others hands. HIPS... well there's a story in itself. A relatively good idea but introduced in a rubbish market so everyone dismissed it. The concept was perfectly acceptable but should have contained a survey that ALL lenders would accept irrespective of 'Panel or otherwise'. Transaction times would reduce. Add a lock in once offer is accepted but removable if there are insurmountable problems then fall through rates may also change. Just looking at the model in Scotland isn't the only solution.
From:
John Fairclough
16 May 2019 09:12 AM
Initial asking price too high?? Vulture buyers waiting for the next drop?? A sale is only a sale when it completes so getting to offer is only half the process. It's the length of time it then takes for the legals to be done and this is where there is a problem. It takes too long.
From:
John Fairclough
02 May 2019 08:35 AM
A mess of the Governments own making. Brexit isn't the only cause. There are other issues that affect the market. Where is the encouragement to buy? There will be a mass exodus from the market by investors. If they have first time buyer buys the property then no Stamp Duty? If investors wont buy then no higher rate Stamp Duty. It isn't rocket science this!
From:
John Fairclough
02 May 2019 08:31 AM
As a 'traditional' Estate Agent with 30 years in the business, we have a High Street office and an on line presence. We don't 'need' a High Street office, we want one so that we can meet face to face with our clients and our potential viewers/buyers. We are very much aware that the on line agents are here to stay and that is absolutely fine, we have no problem with that at all. Service is where things tend to go wrong. People deal with people and a faceless entity is not personal. But, for some who don't mind the lack of contact it's fine. With the technology out there at some point in the future there may well be no high street agent, every marketed property will be 'web cam'd' to the hilt and you can view property from the comfort of wherever you may be. But we are not there yet. Agents fail all the time, on line and high street and it will be for a variety of reasons. Fees are too low, service is shockingly poor, presentation is amateur etc but in the end the constant comparison of which is best takes our eye off the ball. Concentrate on the job in hand and you won't lose instructions, you'll gain them. Charge a proper fee not get in the race to the bottom. Do what you say you will do. Most people do not ask whether you are qualified or not, it means very little to them because they just want to sell their property as soon as possible and for the best price. Performance gets you more business. We all know that fee can be an important factor in 'winning' and instruction but if you charge £99, £1 or £850 and you give a rubbish service as an on line you will be disinstructed. Similarly charging .5%, . whatever or 1% + and you are rubbish you will equally be disinstructed. What is a problem is combating competitors will silly high 'valuations' just to list it and wasting time. We know from Rightmove and Zoopla nearly 40% of listing reduce the price. From there they do it again and again and finally sell or withdraw. What a waste of time. Is there a housing shortage...no just a lack of supply for the right property at the right price. Value to sell not just to stock up your listings. Again it is down to the public perception of what we do. 'Sold' boards speak more than words. We all work in the same field, we all want the same thing - sales. How we go about it will be different and different options free the market. I know I have digressed slightly but it is all about what we do.
From:
John Fairclough
29 November 2018 11:30 AM
Spot on Colin....There are sooo many things this chap can do. Houses to build are too expensive so he can become a builder. Cars, they cost so much so he can do that too. The Post Office charges far too much to deliver mail so another opportunity there. It's endless!! Quite right about the dentist.. maybe that's a next year one for him.
From:
John Fairclough
19 November 2018 09:53 AM
Good idea but the problem is the sales process itself and the length of time it takes to push a sale through. Gazumping wont be stopped with a buyer only reservation so there needs to be joint commitment so Property Pledge having the dual agreement next year will 'solve' some of the problem. The issue still arises if an offer comes in much higher than the agreed price and the vendor contribution to the lock in is small in comparison. The vendor can still ditch the perspective buyer as the loss of reservation monies are offset by the greater offer. Any penalty should be equal to the benefit of the difference in higher offer for a gazzumper and similar for the gazzunderer! Or perhaps do we take a look at the system in Scotland?
From:
John Fairclough
06 November 2018 10:45 AM
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John's Recent Activity
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26 June 2019 09:31 AM
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02 May 2019 08:35 AM
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29 November 2018 11:30 AM
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