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John Wagstaff
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John Wagstaff
I am a big boy, grown up, read the contract and at that time had no thought in my mind I was going to close our second branch which we did for many reasons. There is alot to be said for doing the right thing. The right thing is to make a goodwill gesture to us and release us from the contract early. We have been paying for sales and lettings in two branches and we closed our second branch in October 2018. Without goodwill business is nothing. I am a gold member. I invested in the firm. Yes I have shares. As a shareholder my opinion this is unfair. OTM should not treat their clients in this way. Support agents who are having to take drastic measures to survive this period. This feels a very "corporate agency" way of handling a situation when many smaller independent agents who supported OTM from the very start need as much help as they can get. I'm genuinely trying not to sound all winey and a victim but it seems like they now are quite happy to stanby and continue to take money from the very agents they alegedly set out to help from the outset. Or was it a very clever marketing ploy from day 1.....certain people have made a large sums of money from the listing.....how much do those people now care about the small people who were there at the very begining who actually enabled OTM to get off the ground. Adapt to survive OTM need to adapt and to keep us agents on baord even at the expense of some lost revenue. I am looking at additonal expenditure of £15,500 for an office that is no longer trading until the contract ends. If I reoponed it in another company name no doubt it would be free!

From: John Wagstaff 23 January 2020 13:41 PM

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