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Andrew Richardson
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Recent Activity
Share price has crashed to 2p!
From:
Andrew Richardson
09 May 2023 09:59 AM
Maybe they ought to put a call through to Mr Bruce… I’m sure he’s got some cash stashed away.
From:
Andrew Richardson
01 December 2022 11:55 AM
Mobile phone signals are often dependant on your carrier. This really is getting absurd. Broadband speed can be determined by a simple on line check. Are buyer really incapable of simple basic tasks? Or are we destined to wipe their butts for them?
From:
Andrew Richardson
29 June 2022 07:44 AM
Exactly right… but it is still an industry that is stuck in the 1970’s,. The majority either close at 5pm or won’t take calls after 5, lock the office for lunch at 1. Agents see conveyancers as part of “team client” but it is often a one way street.
From:
Andrew Richardson
18 May 2022 13:48 PM
Shame that the estate agency industry isn’t represented on this panel in what is being touted as a collaborative meeting.
From:
Andrew Richardson
18 May 2022 07:41 AM
This man is clearly delusional. Rightmove is one of the most arrogant and uninterested supplier business that I have ever had the mispleasure of dealing with. Most agent I know feel the same. He certainly does not have a ‘fantastic relationship’ with us. “It’s just language I don’t recognise” should read “It’s just language I just ignore because as a monopoly business I don’t have to listen to my customers ”.
From:
Andrew Richardson
11 May 2022 08:03 AM
I’m not sure the conveyancing industry would welcome such an increase in their hours🤣🤣🤣🤣🤣
From:
Andrew Richardson
22 April 2022 09:48 AM
Not surprisingly really if, as they say, the lister receives 50% of the typical 1.25% and the agent that introduces the buyer receives the other 50%. That leaves, errrr, 0% for the business🤣🤣🤣🤣
From:
Andrew Richardson
28 February 2022 08:23 AM
Would be interesting to see what their business plans would be if the proposed referrals fees ban ever gets put in place.
From:
Andrew Richardson
07 January 2022 08:22 AM
This person should know the law. We were persuaded to add a touch screen to out office window showcasing our stock whilst providing a third party advertising block. The local planning authority enforced us to remove it as it breached planning law. If you occupy a class A2 premises you may ONLY advertise class A2 product within 2m of the window. Apparently you may not advertise your local plumber or Spa. I must say I was surprised firstly that such law exists, and secondly that the company promoting the touch screen were oblivious to it. Be aware also that the advertisers that paid good money for the service squarely blamed we the agent and not the ad company for their waste of money, nor would the advertiser refund.
From:
Andrew Richardson
07 January 2022 08:07 AM
Crikey, well spotted.
From:
Andrew Richardson
30 October 2020 09:14 AM
I have never heard such b#ll#cks in my life.
From:
Andrew Richardson
23 September 2020 15:02 PM
I am somewhat perplexed by a couple of comments made here. I have found that whilst the majority of estate agents are working significantly longer hour, a large number of conveyancers are sticking to 9-5. Whilst agents are more than happy to step up to the plate my experience is that without the ability to chase conveyancers exchanges become disproportionately delayed. I had a somewhat acrimonious email conversation with the senior partner of a solicitors firm regarding the absurd delay in getting searches applied for... I was told that his experience is that his clients baulk at the extortionate cost if searches and therefore prefer to wait until the majority of the legal work is done. With some district councils now taking 7 weeks to provide a search this is clearly unacceptable. The cost of a search from that particular DC is £170! Hardly bank breaking. Your commentator above says solicitors can make no money from applying for searches so make it the Responsibility of the agent...how is it ok for the agent to do their work for them and make no money but a solicitor can’t? It is part of their job to do so. I would not ask a solicitor to do viewings on my stock because I haven’t the time to do them...that is my role! Surely applying for a search is a simple pro-forma letter that take barely minutes to prepare. Solicitors can play their part, for example how many solicitor write a letter to agents asking for a copy of the EPC when we all know they are freely downloadable from the National EPC register, or is that again someone else’s responsibility? If we all worked smarter then this current backlog will eventually clear and all will be back to normal but right now EVERY profession needs to step up to the mark.
From:
Andrew Richardson
21 September 2020 09:03 AM
Which is all very well but there is now very much the risk of time delay fall throughs as industry partners do not seem to be keeping up with the volumes. A large number of solicitor are still unbelievably furloughed, surveyors now booking appointments weeks or even moths ahead and some searches taking 5-6 weeks, and that is after solicitors delay applying for 3-4 weeks. My experience over 40 years is that long delays lead to deal apathy and one party or the other having too much time to think and pull out. We desperately need partner industries to catch up to support all the good work we have done since May.
From:
Andrew Richardson
27 August 2020 08:21 AM
I have three of these for sale. Lenders don’t like it... we have had 4 fall through as mortgage companies will not lend on them. Great idea but Jenrick needs to lean on lenders to make them understand.
From:
Andrew Richardson
07 August 2020 07:56 AM
“ Doing the right thing’ is central to the Rightmove culture“..... I think not.
From:
Andrew Richardson
07 August 2020 07:52 AM
Why do they overprice everything then🤣🤣🤣
From:
Andrew Richardson
05 August 2020 07:43 AM
Bought by PB in. 2018 for £29.3m then invested £15m+.
From:
Andrew Richardson
15 July 2020 23:27 PM
Zzzzzzzzzzz
From:
Andrew Richardson
17 June 2020 08:18 AM
Let’s all hope that the government are Facebook friends or followers of quirk and Bruce then! We wouldn’t want them to miss the boat.
From:
Andrew Richardson
16 June 2020 08:15 AM
It’s yet another nay-saying comment.... Hitler once said make the lie big enough and repeat it often enough and the people will eventually believe you ( or some such wording). 75pc closure! What utter nonsense. Tech people are constantly undermining the good solid work that we agents do. Add in the factor that commercial rents are absolutely bombing right now then why wouldn’t you want a high street office. I am more than content for my competitors to disappear of to a Crittal window office over the tyre and battery centre and lose all visibility whist my business benefits from 50,000 people walking past my office recognising my brand every day. At the moment a rent in a market town is unlikely to exceed £15k pa... that less that one exchange per month... is that so expensive... really? When you compare it to the amount if leaflets a tech company has to produce to keep the same level of exposure then it’s money well spent. I agree that one has to adapt but the lessons learnt from the online industry in my book is avoid doing it because it clearly doesn’t work. Anyway, I need to host my team meeting, in my high street office, with my analog staff who are raring to go and provide the customer with what they actually want, which is someone real to speak to.
From:
Andrew Richardson
20 May 2020 09:27 AM
Interesting that the tech boys now seem to want us all to work together, and that we are all in It together, after years of bullying and cajoling, slagging off our traditional methods and trying to make us all feel like outdated dinosaurs. Whilst online agents go bust we trad. Agents are STILL wrong! Even as another goes bust! How many more mugs are going to plough millions into these ventures before the penny drops? Why, even in Dearslys last column he was still harping on about the death of the high street office and how we now must all work from home as that is the future. It’s about time he and other tech boys stopped and looked, and realised that they are NOT always right and stop the constant attacks on a business model that 95% of British house buyers and seller are actually happy with. It’s like listening to a bully who uses words to constantly make their victims feel worthless because he knows best. It actually sounds a bit like Donald Trump. So, change the record for gods sake. I have just signed a 10 year lease on a high street premises and have seen footfall dramatically increase (save COVID period). My team thrive by being in a competitive environment together, in town. They don’t want to sit in their back bedrooms, alone, in their underpants sending spam email to thousands of people at 3 in the morning...go and work for Dominos if you want to do that. Just stop attacking us please .... it’s just boring now.
From:
Andrew Richardson
20 May 2020 08:28 AM
Do you seriously think that right move will keep prices reasonable? As soon as they have re-established their dominance they will resume their aggressive stance o n pricing... it will be like walking straight into a trap! Leopards don’t change their spots. If you want to ensure continuance of domination, therefore prices, they must unequivocally loose their monopoly position... otherwise why should they?
From:
Andrew Richardson
22 April 2020 08:13 AM
It’s amusing to see various organisations taking credit for campaigning for these grants. They are a European Union obligation as UK are still part of the EU. What triggered the payments was the inclusion of estate agents as retail businesses therefore being allowed to be exempt from business rates. This was going to happen whether the Guild,RICS or NAEA campaigned or not.
From:
Andrew Richardson
15 April 2020 08:49 AM
Can’t quite work out what she means by those left “high and dry”? I assume she means those furloughed, therefore being protected in their job by the government so firms do not have to leave them “high and dry”. I glad this person doesn’t work in my firm as she clearly doesn’t understand how it all works and is more interested in scoring points for one side of the argument against the other.,
From:
Andrew Richardson
07 April 2020 09:32 AM
You have forgotten one question in your poll .... who cares?
From:
Andrew Richardson
30 March 2020 08:36 AM
They’re doing well. Company accounts show it had £2399 in the bank at the end of the financial year. I can see them taking on purplebricks with that war chest🤣🤣🤣🤣
From:
Andrew Richardson
27 March 2020 09:40 AM
We would love to continue to support clients moving but if staff are furloughed and therefore unable to make those supportive calls we can’t! We need furloughing with the ability to work!
From:
Andrew Richardson
27 March 2020 09:05 AM
“We have chosen to utilise our position to support our customers at this difficult time.” You have been forced more like...the penny dropped regarding the consequences of having a significant reduction in customers...sound like false contrition to me. I’m still thinking of leaving.
From:
Andrew Richardson
20 March 2020 08:04 AM
That’ll keep us going for at least another 40 minutes!!
From:
Andrew Richardson
18 March 2020 10:35 AM
Sadly this is again just picking at the edges. The root cause of fall throughs in the majority of cases is that the legal system is simply too slow, with solicitors still being arrogant and unhelpful. In a chain of three, which is not uncommon, a single person using this system will still have to move at the slowest pace. Taking too long to exchange allows buyers way too much time to change their minds, circumstances to change and so on...all whilst the conveyancer is at home having their tea at 5.15, or off playing golf. How many homebuyers are going to pay a conveyancer to do paid work for them before going on the market? Well, they won't have to now as agents will be doing it for free! It is also quite dangerous ground for agents to tread! How many agents can really interpret a legal document...its a recipe for leaving you exposed to the law. Sadly, the protocol here just moves the onus of responsibility from solicitor to agent, meaning we will end up doing more of their work for them, rather than finding a way of compelling a solicitor to get their fingers out and act in the modern world. We already do enough yet the industry stake holders always point the finger of blame at the estate agent profession rather than the legal profession...will they ever change?...no, not until legislation compels them to do so.
From:
Andrew Richardson
28 February 2020 09:31 AM
Whatever... its getting a bit boring now....
From:
Andrew Richardson
25 February 2020 10:19 AM
We launched a house where the vendor didn’t want portal exposure... put a board up and had tons of response because buyers couldn’t find it on line... it’s the way to go!
From:
Andrew Richardson
12 February 2020 20:59 PM
Purplebricks is famous for its honest take on the world of estate agency 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
From:
Andrew Richardson
12 February 2020 20:56 PM
Zzzzzzzzzz
From:
Andrew Richardson
03 February 2020 07:40 AM
This is a bit of a vanilla report really. It would be far more useful to drill down to segments, ie time from going on market to going under offer, and from going under offer to exchange etc. Average time in my office from sale agreed to exchange last year was a shocking 74 data! That’s over 2.5 months.
From:
Andrew Richardson
29 January 2020 08:47 AM
Good luck guys... hope it works out this time!!! Dump the hubs!!!
From:
Andrew Richardson
24 January 2020 17:33 PM
Wow, another game-changer...useful for all those sales that fall through once the buyer hears about mobile phone signal strength problems!
From:
Andrew Richardson
09 January 2020 07:46 AM
Is there any way on this forum to filter out and suppress any article with this blokes name on it. I want to hear meaningful news not pointless garbage.
From:
Andrew Richardson
09 January 2020 07:36 AM
It’s a bit like telling your crowdfunding investors that your business is worth £100million when it’s actually worth Jack, then halving the value after they have pledged.
From:
Andrew Richardson
06 January 2020 08:47 AM
I'm not sure this is right...I have read (skimmed over) the new regs and can see nothing to say that there is a "need for electronic verification". Is this the Proptech industry manipulating agents and scaring them into doing something they don't need to do. Martin Cheek is extremely vague about what is required and does not even mention the paragraph to which he refers.
From:
Andrew Richardson
03 January 2020 15:01 PM
Humberts did extremely well with their hub model!
From:
Andrew Richardson
03 January 2020 11:35 AM
Already being used in Chichester. I have 2 under offer using this scheme.
From:
Andrew Richardson
19 December 2019 14:23 PM
Quite useful if you would like a nice long weekend away
From:
Andrew Richardson
03 December 2019 07:52 AM
Can’t be much good as it doesn’t describe itself and either a game changer or a disrupt or.
From:
Andrew Richardson
29 November 2019 08:18 AM
Another game-changer! I can hardly keep up!
From:
Andrew Richardson
28 November 2019 07:42 AM
I certainly won’t even give this a second thought whilst private sellers have access.
From:
Andrew Richardson
28 November 2019 07:40 AM
It’s about time these digital marketing teams got their heads out of their own arses and realised that they are NOT the be all and end all, just another supplier, like stationary printers or bin men. They do NOT hold the keys to the golden palace. That is down to the good reputation and hard work of your estate agency team.
From:
Andrew Richardson
21 November 2019 07:48 AM
Sells? ....sticks on Rightmove more like!
From:
Andrew Richardson
14 November 2019 08:00 AM
All this would do would be extend the period between making a decision to go on the market. Unless these 12 pieces of information are accessible quicker it will make little difference to the time scale, just the point at which a property goes live. Surely it would be better to compel house sellers to seek this information as soon as the house goes on the market if it is time that you want to save? Then it can be marketed AND investigated simultaneously.
From:
Andrew Richardson
21 October 2019 08:20 AM
I trulely sympathise with the founder of uPad.... it is very hard running a business in tough times, and surely no-one celebrates the closing down of a business though ill health. However, in this article there is the mention of schardenfruede perpetrated by some people celebrating its demise. It is worth remembering that at that start of the online journey traditional agents we subjected to a tirade of abuse from online agents, purplebricks and Emoov being the worst. Claims that we were rip off merchants, scum of the earth, worst possible people, untrustworthy and so on. So it may be worth not throwing stone in glass houses or you reap what you sow. Unfortunately for Upad this business has been swept up in the same breath, which is clearly unfair, but it does not surprise me that this happens.
From:
Andrew Richardson
17 October 2019 08:11 AM
Nothing like a bit of name dropping to promote a bit of business....surely to work for a company you have to be offered a job in the first place!!!! I have decided not to play for the all blacks after all!!
From:
Andrew Richardson
03 October 2019 10:33 AM
£6803 to sell a house at £226798? When was 3% last achieved? It’s such a load of bollox! They haven’t said in their report how many £10s of thousands under true value the these “quick move” companies buy at. If we are approached by then we always state 3% in response their requested 0.5% multi rate so we don’t have to deal with them.
From:
Andrew Richardson
20 September 2019 08:46 AM
This company bleats on and on about transparency, clearly the new "proptech" buzzword, but unfortunately doesn't publish its prices on its website, presumably so it can negotiate the highest price it can from each client. Not very transpaent really. It all seems a little hypocritical to me...just because they have a new camera that may, possibly find a discrepancy of 0.005sqm. It amazing to see how EVERY proptech company seems to feel the need to have a go at agents and effectively accuse them of incompetence or dishonesty. Do you think it may at some time be worth actually working with agents as friendly symbiotic businesses rather than as lying cheating enemies? With this company effectively accusing my business of being just that why would I even think of using their services? Go away and get a bit of humility and finally work out that not all agents are stiffing their clients, and actually that their software/camera/digital service is not what it is cracked up to be.
From:
Andrew Richardson
17 September 2019 11:03 AM
"typical 1.5 per cent on average to around 1.2 per cent have effectively taken £750m out of the industry per year based on current transaction levels." Errr...what about all the tinpot £900 fees that idiot onliners have been charging...how many billions have they stripped out of the market? Utter hypocrites!!
From:
Andrew Richardson
16 September 2019 17:05 PM
Or Jackson-Stops!
From:
Andrew Richardson
12 September 2019 10:32 AM
"Aspire says it can also connect sellers with associated trusted local services, including mortgage advisors, solicitors and conveyancers"!!!!!...whatever next, the man is clearly a genius; I wish I had thought of that...it all seems so simple now he has revealed his astonishing plan!
From:
Andrew Richardson
03 September 2019 08:51 AM
Let’s hope they bin that dreadful and amateurish chorus!
From:
Andrew Richardson
30 August 2019 07:47 AM
“with dirty hands and fingernails”. Not really a fair comparison. If an estate agent in a shirt and tie approaches a client with dirty hands and fingernails I’m sure the same opinion will be formed. I haven’t worn a tie for years and have not experienced any problems. I certainly wouldn’t turn up in tattered jeans etc. Smart is smart, whether tie or no tie! I do, however, regularly wash my hands!
From:
Andrew Richardson
30 August 2019 07:44 AM
Jeez, this guy is bitter! Maybe it’s because he is finally recognising that online agents are not actually as good as he thinks they are and his only defence now is that estate agents have white hair. The sooner he disappears up his own Ethernet cable the better.... remember the old adage, “Don’t knock the opposition”? It make him appear mealy-mouthed and unprofessional!
From:
Andrew Richardson
28 August 2019 08:29 AM
You Scots want to be independent so get your government to do the same.... can’t have it both ways!
From:
Andrew Richardson
15 July 2019 11:47 AM
We hear loads of stories about failed house raffles.... will people never learn. Has anybody heard of any that have actually been successful, where enough tickets were sold and the house actually changing hands to the winner?
From:
Andrew Richardson
02 July 2019 08:26 AM
That seems unfeasibly high to me... I am seeing little or no evidence in my local area....if Phil Spencer wants to lead a campaign to help kerb gazumping he may be better turning his focus on the abysmal service and delays propagated by the conveyancing industry. Until the legal profession lose their arrogant stand on being paid regardless of transactional success the delays caused by them allow buyers and seller far too much time to get up to mischief...maybe they could explain why an average transaction in West Sussex is taking 10 weeks? I suspect as always the conveyancing profession will blame anybody but themselves, probably from the sanctuary if the golf course!
From:
Andrew Richardson
01 July 2019 07:39 AM
Don’t care
From:
Andrew Richardson
24 June 2019 09:17 AM
“the most important new platform the residential property industry has seen since the dawn of the internet”!!! “a technical monster and masterpiece”!! Nah, think I'll pass.....
From:
Andrew Richardson
11 June 2019 16:38 PM
Hatched...close as unviable by Connells Easyproperty.... non-starter Emoov....enough said. Good luck
From:
Andrew Richardson
07 June 2019 08:35 AM
Remember that PrImeloation was absorbed by the Daily Mail group years ago, who then oversaw its demise until reborn under ZPG. Maybe PB will the same way under Das Bild?
From:
Andrew Richardson
04 June 2019 14:01 PM
Can’t quite understand why this gobshite feels he can dish out advice?
From:
Andrew Richardson
30 May 2019 09:22 AM
50% say this, 40% say that.... where do these figures come from.... sounds like spouting hot air and guess work. Why is this bloke even being given air time?
From:
Andrew Richardson
15 May 2019 09:25 AM
“We are determined to make the private rented sector a fairer, more accessible market that works for all....except for landlords who we intend to legislate and tax out of the market"
From:
Andrew Richardson
17 April 2019 17:52 PM
If Labour get in there won't be a market so nothing to worry about!
From:
Andrew Richardson
11 April 2019 09:30 AM
At last!!! Someone has seen through the smoke and mirrors!
From:
Andrew Richardson
05 April 2019 11:22 AM
April fool!
From:
Andrew Richardson
01 April 2019 07:56 AM
Hasn’t stopped them hiking their fees again though
From:
Andrew Richardson
18 March 2019 17:16 PM
This is a two way street! Why do Conveyancers always throw things away from themselves... I seem to recall the CLC recommending that agents become licenced in order to improve the speed of transactions! Maybe they should stay open at lunchtime and not play golf on a Friday afternoon! Radical stuff!
From:
Andrew Richardson
05 March 2019 08:43 AM
Wow, thisis great news! I think I’ll go an open an office in windsor! They clearly appreciate a hard working estate agent than some bloke in his back bedroom in his Y-fronts banging away on his keyboard!
From:
Andrew Richardson
01 February 2019 09:19 AM
You have forgotten Friday afternoon golf. And 5.00pm closing. And lunchtime closing. And failing to provide a locum. And applying for searches at the start of a transaction, not the week before scheduled exchange.
From:
Andrew Richardson
30 January 2019 09:09 AM
I am getting heartily fed up with hearing about this bloke....he wilfull spent £29m of other peoples money, set out to trash an industry, yet keeps coming back like a bad smell circulating a room.....I couldn't care less about him and his family exit strategy.....how he thinks he can become a pr guru I do not know. The quicker we all forget about him the better and simply get on with the business of looking after our own clients and providing the service they need without fleecing them up front the better our industry will become.
From:
Andrew Richardson
15 January 2019 10:37 AM
Note to buyers..."Estate Agents’ commission? Knock it off." Note to sellers..."As a private seller, you take on the duties of an estate agent, so feel free to pay yourself a big fat fee!" This is so dumb....
From:
Andrew Richardson
19 December 2018 09:38 AM
ToB from their website Upon the fall of the hammer the buyer shall... • Exchange contracts on the fall of the hammer. Special conditions may apply • The sale must complete within 28 days • A 10% deposit must be paid to a minimum of £3,600 • Pay an administration fee of £780 (inc VAT) Conditional Lot’s Reservation Fee* Upon the fall of the hammer the buyer shall... • Pay a non-refundable 5% plus VAT Reservation Fee (to a minimum of £5,000 plus VAT)
From:
Andrew Richardson
13 December 2018 17:34 PM
Its a glorified ebay! I suspect it will data scrape details onto their CRM and stick them on their online timed auction site, no need to visit the properties, simple....you never know, one might sell!
From:
Andrew Richardson
13 December 2018 17:29 PM
Its £80m since listing on AIM.
From:
Andrew Richardson
13 December 2018 16:08 PM
Because most of their properties are overpriced and clients are seriously propagandised against real agents. Not sure I want them!
From:
Andrew Richardson
13 December 2018 10:31 AM
Also, they say they have £100m in the bank.... we’ll they had £64m at the end of the previous year, so adding springers £125m to last years £64m = £189m. Lossss were £25m so where is the remaining cash?
From:
Andrew Richardson
13 December 2018 10:27 AM
As far as I can make out their accumulated losses since listing on AIM is approaching £80m. The majority of current instruction have paid upfront so that money is gone. Bear in mind the £27mlosses this year are for 6 month so it is reasonable to assume year losses to be £50m odd. So to recover they need to sign up 50,000 new upfronters to break even. That’s 8000 per month. Doesn’t seem likely to me!
From:
Andrew Richardson
13 December 2018 10:09 AM
Purple bricks shares dropping like a stone...lost 10% so far today ahead of half-year figure out on Thursday!
From:
Andrew Richardson
10 December 2018 15:57 PM
To quote the United States Office of Strategic Services in describing a well known historic figures' psychological profile: "Never allow the public to cool off; never admit a fault or wrong; never concede that there may be some good in your enemy; never leave room for alternatives; never accept blame; concentrate on one enemy at a time and blame him for everything that goes wrong; people will believe a big lie sooner than a little one; and if you repeat it frequently enough people will sooner or later believe it."
From:
Andrew Richardson
07 December 2018 08:54 AM
“They regard us as a kind of Death Star Anti-Christ. We’re not” 🤣🤣🤣🤣🤣🤣
From:
Andrew Richardson
02 December 2018 18:55 PM
Headlines....£26.5m raised...there must be some seriously p!55£d off investors out there...why would anyone in the industry employ this man to do their PR? "EMoov closes £2.6m funding round 12 Oct 2015 Central and East" "eMoov eyes growth with £9m investment round 22 Aug 2017 Central and East" "Merger and warchest for Emoov, Tepilo and Urban.co.uk 31 May 2018 Central and East The enlarged business has secured £15m in new funding. "
From:
Andrew Richardson
30 November 2018 11:58 AM
Even better...he is an extract from the EAT interview with Rollo Miles, and I quote....... "Who are you and what does it say on your business card? It just says “Agent” for, at the end of the day, that is what I am: an estate agent and proud to be one." Thought they were all consultants!
From:
Andrew Richardson
30 November 2018 11:28 AM
Directly cut and pasted from their own website "reputation for achieving the very best sale prices" "has built a loyal client base and strong network" x2 "willingness to go the extra mile to achieve his clients’ goals" "strong reputation for helping sellers" "over 15 years of property experience" "His local knowledge and personable service are strong attributes" "completely bespoke & better service" etc etc .....and they have a profile for the office dog....like loads of country agents....brilliant! Wish I could be as innovative!
From:
Andrew Richardson
30 November 2018 10:04 AM
Wonder what these investors are thinking now?
From:
Andrew Richardson
29 November 2018 18:19 PM
Hmmmmm.......
From:
Andrew Richardson
29 November 2018 18:18 PM
....and?......whats happened?
From:
Andrew Richardson
26 November 2018 15:47 PM
Shame they don't respond to critical emails from members that are unhappy with the utter silence from propertrymark. Alexa analytics shows a very different picture regarding web-traffic!
From:
Andrew Richardson
23 November 2018 10:25 AM
Quote from Humberts regarding their new hub in Dorchester..."The company says this will help it ‘renounce’ the ‘traditional impersonal estate agent office’ approach."!
From:
Andrew Richardson
23 November 2018 10:19 AM
Result....PB shares dropping like a stone today.....lost nearly 6% already.
From:
Andrew Richardson
20 November 2018 10:51 AM
....whilst shareholders watch their investment continue to slide.... closed at 202p yesterday, down again. Investors don’t like conspicuous spending.... football club.... racehorse... it’ll be a Caribbean island next.... eye off the ball?
From:
Andrew Richardson
25 October 2018 09:02 AM
'typical agency fee of 1.5 per cent'....typical online/proptech spin to manipulate their figures. Would also be useful to know how many of these completions were through agents using valpal, or is it just a count up from LR figures? 100% of valuation that I do sell!
From:
Andrew Richardson
19 October 2018 09:26 AM
Hang on...let me get this right....PB and Springer are paying £22m for a 25% share in Homeday? ( £22m x4=£88m total value) Their trading statement reads issued to the LSE this morning reads "For the year ended 31 December 2017 Homeday reported revenues of €3.5m and a loss of €3.2m. As at 30 June 2018, Homeday had net liabilities of €1.4m. Homeday anticipates strong revenue growth in 2018 and has budgeted that it will breakeven in 2021." This means, as far as I can see, that Homeday made a loss of €6.7m? Am I missing something?
From:
Andrew Richardson
15 October 2018 12:14 PM
Investors have clearly read between the lines, share price down 5% so far today.
From:
Andrew Richardson
27 September 2018 16:07 PM
Purplebricks shares have dropped to £2.22 over the last three months, from an earlier peak of £4.10 in May.
From:
Andrew Richardson
20 September 2018 12:35 PM
Whoever wrote this seriously needs to learn how to use spell check.....talk about sloppy.
From:
Andrew Richardson
14 September 2018 09:21 AM
I suspect that "Heather" from Agent Software has never come out from behind her computer screen, because if she had, and before slinging mud, she would realize that valuing property is not as simple as collecting fixed data from a machine. How many times, over the years, have agents agreed to list a property at a certain price before the vendor rings and puts the price up to a simply unattainable figure, simply because "the family said", or "a friend who knows about property knows the market well"? I do freely admit that there are agents that overprice, but please don't broad-brush the entire industry. The majority of agents are hardworking, sensible people, doing their best for clients.....only a small proportion are roguish overvaluers. To do so is like suggesting that Spectre is simply a letter writing organisation that could be performed by somebody at Miss Moneypenny for one-tenth of the cost.
From:
Andrew Richardson
15 August 2018 09:44 AM
I suspect that "Heather" from Agent Software has never come out from behind her computer screen, because if she had, and before slinging mud, she would realize that valuing property is not as simple as collecting fixed data from a machine. How many times, over the years, have agents agreed to list a property at a certain price before the vendor rings and puts the price up to a simply unattainable figure, simply because "the family said", or "a friend who knows about property knows the market well"? I do freely admit that there are agents that overprice, but please don't broad-brush the entire industry. The majority of agents are hardworking, sensible people, doing their best for clients.....only a small proportion are roguish overvaluers. To do so is like suggesting that Spectre is simply a letter writing organisation that could be performed by somebody at Miss Moneypenny for one-tenth of the cost. And James Dearsleys comments about being morally ambiguous seems to imply that agents are solely responsible for over pricing. I'm sorry but it just isn't correct. There are thousands of influences that create a percieved value, some more important to a vendor, and some more important to a buyer; none of this can be accounted for by a machine. Perhaps the proptech industry ought to look at inventing solutions for problems that actually exist, instead of swamping the market with all sorts of "solutions" for things that it believes the industry should have but can live without. If you really want to do something useful, invent a system that gets round the need for the legal profession, to cut down the time between the agents creating the sale and the client moving. Agents are more than happy to agree a sale, organise completion dates and finances, but when it gets into the hands of lawyers the whole process almost grids to a halt......theres a challenge!
From:
Andrew Richardson
15 August 2018 09:40 AM
What is this fascination with anything PB do/think/say...I couldn't care less whether this shower thinks they are regal, or just a bunch of bricks; does anybody else? I am probably going to unsubscribe from this news feed as I no longer wish to be spoon-fed PB propaganda EVERY DAY. I expect the journos will probably tell us tomorrow how many Weetabix Bruce had for breakfast that day. It smacks of lazy journalism if you want my opinion. Why not give a few of the smaller independents a bit of air tme? Come on EAT, give us something worth reading.
From:
Andrew Richardson
10 August 2018 09:31 AM
Its a shame the ASA are going to use a sledgehammer here whilst the big onliners, who are constant and repeat offenders get a little slap on the wrist for each offense, then go away and produce more misleading advertising.
From:
Andrew Richardson
12 July 2018 10:59 AM
Why is it that when "Proptech disruptors" comment about something the property press jumps like a scalded cat? Estate agents have known for decades that buyers and sellers are unhappy with the conveyancing system. It is well known that getting from agreed offer to exchange, which, in the 1980's used to take 4-6 weeks, is now regularly taking 10-12 weeks. Many a time I have conversations with solicitors who give the impression that they couldn't care less whether a sale goes through, and how dare estate agents have the temerity to question them? A good example of the lack of drive is with EPC's. How often do solicitors write (WRITE!) to an agent to ask for a copy of the EPC? These are readily available to download free of charge from the official EPC reguister but solicitors either dont know this, or take the view, as with a lot of things, that it is not their job. Until the conveyancing profession take a long critical reality check nothing will change.
From:
Andrew Richardson
09 July 2018 09:13 AM
Interesting result Columbia 8 Colombia 2
From:
Andrew Richardson
04 July 2018 09:18 AM
Would be interesting to know the split between online and traditional agents. This newsfeed seems to be stuffed with stories regarding online agents breaking ASA rules, but rarely traditional agents.
From:
Andrew Richardson
04 May 2018 08:02 AM
I dont think I'll read it but thanks for the invitation to do so....life is too short, and I, unlike EAT am not totally obsessed with everything online agents do...would be nice to have some interesting news for a change...its all getting a bit boring.
From:
Andrew Richardson
16 February 2018 09:37 AM
And another thing, this bloke says “people’s general lack of understanding of how the conveyancing system works.” Well I'm really sorry Jonathan Williams of Roythornes Solicitors, YOU are the solicitor, not us! Perhaps you need to sharpen up the practises of lawyers and stop relying on other professions to teach your clients....the clue is in the phrase "your clients". You educate them please.
From:
Andrew Richardson
07 February 2018 10:13 AM
Perhaps no sale no fee would crystallize the world of conveyancing rather than the blind-ability to try and lay blame elsewhere. If solicitor actually take phone calls from agents, keep their offices open over lunchtime, maybe even open on a Saturday morning! We are no longer in the comfy gentlemans club era of the 1970'S....THIS IS THE 21ST CENTURY. I mean, closing at 5pm? Welcome to the real world! How many times are exchanges halted because a solicitor in the chain is off playing golf on a friday afternoon....how many agents suffer from bad-mannered, short-tempered solicitors, who, if they deign to take a phone call from we lowly agents, answer questions with such indignity as to be unbelievable. The previous correspondent mentions search delays. He is quite right....we make a specific point of writing to lawyers stating that there are delays with the district council, but searches are NEVER submitted quickly. Timescales dictated by the client are specifically noted on sales memoranda, and are completely ignored in EVERY CASE. When was the last time a lawyer actually volunteered to ring an agent? Never. To say the house-buying process problems are because “anyone can set themselves up as an estate agent” is arrogant, petualant, and lies deeply in denial. Solicitors, work WITH us not against us; we are not you enemies, we are there to work on behalf of clients, as are you. Its called team-work! Until the legal profession get a grip on how the modern world works, and realise that there are people out there that want to help nothing will change. I suggest they look at their own house before throwing stones at our.
From:
Andrew Richardson
07 February 2018 10:03 AM
Another race to the bottom!
From:
Andrew Richardson
20 December 2017 19:39 PM
This is all very well if 1. Your client will accept a recommendation. The vast majority of clients already have their chosen conveyancer lined up. 2. All other links in the chain are also happy to accept a recommendation. Otherwise it is a waste of time. If the legal profession got off their high horses and moved into the 21st century then yes things would move forward. I attended the house-buying review at portcullis house, hosted by Grant Schapps, the then housing minister, 7-8 years ago, involving representatives of ALL housing market factions, from agents to surveyors, the CML to land registry, even Kirsty Allsop was there. Every stakeholder pointed the finger fairly and squarely at the legal profession as the major cause of delays yet still nothing has changed. My previous comments still apply, most importantly no sale no fee. Until that is instigated the legal profession has no “ownership” of problems. We as agents have to do the whole job and expense of remarketing after a fall through with no reimbursement whilst most lawyers (admittedly not all) send their bill for aborted costs regardless. What incentive for speed or efficiency does that engender? None.
From:
Andrew Richardson
20 December 2017 16:20 PM
Conveyances need to look at themselves first as my experience is that the majority of attributable sales fall through because of legal delays. How about 1. Solicitor work on a no sale no fee principal. This gives them ownership of problems and delays. 2. Don’t close for lunch. 3. Work later than 5pm. We are inthe 21st century after all. 4. Why not weekend? 5. React to agents phone calls. The Conveyancing trade can do SO much to help but in my experience it is slowness on their side that causes far more problems than an unlicensed agent.
From:
Andrew Richardson
18 December 2017 10:27 AM
They don’t publish any sold figures because it is clearly no concern of theirs whether a property sells on not. I would imagine they haven’t even given it a second thought! They are only interested in the listing process and their Rightmove account. Why bother with results that don’t bring them any direct revenue?
From:
Andrew Richardson
19 October 2017 09:23 AM
What is the point of the NAEA. No support, no comment, no help, just toothless and pointless comment. Thus is clearly an opportunity for our trade body to come out with some kind of support statement for core members, not some wishy-washy management speak nonsense.
From:
Andrew Richardson
04 August 2017 09:14 AM
So, the race to the bottom is almost complete!
From:
Andrew Richardson
18 July 2017 10:20 AM
"He says that anything priced above £500,000 outside of London 'just doesn't sell’." Thats a bit of a broad brush! Since first September 62% of exchanges here have been on sale prices in excess of £500,000.
From:
Andrew Richardson
09 June 2017 08:42 AM
NAEA/Propertrymark, or whatever they are currently called, seem to me to be utterly pointless. I have paid subs to them for the best part of 30 years and I cannot remember a single time when they actaully did anything pro-active and supportive of its member. It seem to spend more time preparing and recommending legislation and redtape to tie our hands, that online agents simply ignore. They have, however, spent considerable sums of our fees on rebranding lord knows how many times! Perhaps its time they took a long hard look at themselves and worked out what their priorities actually are.
From:
Andrew Richardson
26 May 2017 09:35 AM
Zzzzzzzz......when will conveyancers and solicitors wake up to the fact that the majority of delays and fall throughs stem from a lack of interest or engagement from them! The ONLY way to improve the conveyancing system is to make the legal profession stakeholders in the process by introducing no-sale no-fee charging. That will crystallize their mind and drag them off the golf course on a Friday afternoon, the most critical time for exchanging contracts, and dragging them back into the office after lunch at a sensible time. Closing for lunch for an hour! Turning the phone off and going home at 5pm! Do me a favour.......welcome to the 1950's.
From:
Andrew Richardson
26 May 2017 09:12 AM
You are so right that it is about time. I have been paying membership fees to the NAEA for the best part of 30 years and all I have to show for it is their latest new logo and a load of legislation. It is not unreasonable to expect your trade body to at least speak up, but all I hear from them is deathly silence!
From:
Andrew Richardson
07 April 2017 11:15 AM
I wonder when propertymark/NAEA/ARLA/NFOPP are ever going to get round to supporting their members. I pay subs year after year to this bunch of dinosaurs who seem more intent on spending our money changing their branding than coutering the swathe of on-line propaganda!
From:
Andrew Richardson
06 April 2017 09:29 AM
Organised by Zoopla was it! hmmmm....not interested.
From:
Andrew Richardson
22 March 2017 09:44 AM
The NAEA have done little or nothing to support its memebers agaianst the on-line threat but seem more content in layering more re-tape over professional agents, which on-liners seem to have little regard for. If CIELA want another target look to the Purple Brick trust pilot reviews. They are so consistenetly given 5 stars, and the way they are written speaks of artifice.
From:
Andrew Richardson
21 March 2017 08:37 AM
https://www.mumsnet.com/Talk/property/2498593-purplebricks-turns-out-it-was-too-good-to-be-true
From:
Andrew Richardson
17 March 2017 08:40 AM
Interesting feedback for Purplebricks on mumsnet! https://www.mumsnet.com/Talk/property/2498593-purplebricks-turns-out-it-was-too-good-to-be-true Seems like online agents are always ready tpo believe their own propaganda but there is clearly a lot of unhappiness here.
From:
Andrew Richardson
17 March 2017 08:40 AM
dsfds
From:
Andrew Richardson
17 March 2017 08:37 AM
I have just been reading the Purple Bricks reviews on Trust Pilot. EVERY single review mentions the actual name of the "Local Property Expert", and the vast majority have the words Purple Bricks. If that doesnt smack of an SEO campaign then I dont know what does!
From:
Andrew Richardson
01 March 2017 11:12 AM
Where exactly, in this story, is there ANY verification that this tool "pleases Government"? The only reference to Goverment is made by the owner of the software! Talk about bigging up!
From:
Andrew Richardson
27 February 2017 09:43 AM
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