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Jonathan Doherty

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my expertise in the industry

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Every time I see the purple bricks shares crashing, it is always followed by what I believe is called a dead cat bounce. I dont know a great deal about shares but I wonder if the founders are secretly buying shares to try to stem the rout.

From: Jonathan Doherty 23 April 2019 09:48 AM

When they were in Enfield, their selling point was mainly "don't worry about the high fee; we will get you a much higher price." That model only has a chance of working in a rising price market. I would think prices are unlikely to start shooting up in the near future so Foxtons will continue to struggle.

From: Jonathan Doherty 01 March 2019 12:30 PM

With any chain of transactions I tend to pay less attention to the things that can happen quickly but instead concentrate on what is likely to take longest. Often this is the leases in leasehold sales and estate management of the block. I think the only way to speed up this side property matters is to have some compulsory all-encompassing insurance that covers the silly stuff that comes up in these leasehold transactions. Problems that will in reality, never come to pass could be insured against from the beginning rather than argued about for weeks/months and then an insurance indemnity policy taken out. It could also apply to freehold I suppose. There are some great conveyancers out there by the way, but not enough. The good solicitors and conveyancers I deal with say that they find those they deal with getting worse and worse as they are so scared of being sued and are not blessed with common sense. My suggested insurance would stop them worrying so much.

From: Jonathan Doherty 30 January 2019 09:14 AM

Wouldn't it be good if a former P/B client, who later sold through a High Street agent was willing to pour milk over their head. It ought to go viral.

From: Jonathan Doherty 14 December 2018 12:30 PM

I don't think the likes of the BBC have reported the demise of EMoove/Tepilo. It seems big enough a story to me, to be aired on the news as a lot of people have lost their money and crowd-funders have been asked to stump up more cash fairly recently. If they report it, the gloss on the on-line only firms will be tarnished . Does anyone know someone at the BBC/BBC Watchdog/ITV?

From: Jonathan Doherty 04 December 2018 12:47 PM

My local branch in North London seems to rarely have more than 3 properties under offer. Is that one sale a month? I guess their lettings must keep them going. The model they use..we get you a higher price, only works when prices are going up.

From: Jonathan Doherty 09 October 2018 09:44 AM

As it says money laundering checks rely on lawyers which does not take account of complicit lawyers. So, this whole swathe of red tape, that the politicians promised to reduce, is to look out for the rare bent solicitor. Thousands of money laundering checks on little old ladies or local families that you see in Tescos have to be checked for money laundering. It is a really ridiculous. I wish the NAEA would get behind getting rid of it and allowing some common sense.

From: Jonathan Doherty 24 November 2015 09:56 AM

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