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N W
2535  Profile Views

About Me

my expertise in the industry

N's Recent Activity

N W

From: N W 28 March 2022 11:12 AM

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From: N W 10 March 2022 10:02 AM

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From: N W 23 February 2022 09:40 AM

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From: N W 21 February 2022 11:24 AM

N W
Thanks for the reply....... I guess one persons claptrap is another persons reality (but you do you) I'm also guessing you are thinking that I am wet behind the ears, don't have much experience, haven't got much involved with conveyancing (and its wild and wonderful mystic arts.....) and that I probably only push work to conveyancing panels for money and don't consider what is best for our clients every time..... OK then...... having sold property for almost 40 years I think I understand the conveyancing process pretty much by now. It isn't complicated but a good system and structure in place certainly helps. Though to be fair if I went into the law it wouldn't be my first, second or even third choice, its a pretty dull and soul destroying job these days I guess and anyone who does it then good luck to them. I'm also wily enough by now to know the difference between a solicitor avoiding a question because they don't want to tell me (I do teach my staff on how to look for the easy tell tale signs). Good questioning generally quite quickly gives you an idea. You know, when a solicitor says that a Local Search Enquiry is being dealt with (which quite often means its not actually left their desk or even been looked at) so never letting that hang there and asking when it was applied for, what date are they anticipating it back etc etc then chasing on the dates given. We also find that following up a conversation with a solicitor with an email for the record (and if we really do suspect they are not telling us or the client the truth then copying the client in) usually concentrates the mind. You also sort of imply that solicitors don't lie and that they only tell us what they want to tell us....... having been lied to by solicitors more times than I care to remember your statement is clearly an uneducated version of actual reality. I accept that using the term lie is quite harsh (many solicitors are very very good and its not fair to tarnish a whole industry) but i can categorically prove that many do lie. As a result many solicitors have subsequently been fired by their clients after we have given them the evidence (trust me i would never have called out the clients solicitors to that extent unless we had absolute proof as i don't want to get sued - I'm not that stupid) I even had one case recently where the solicitor told his client (Trustees) that I was marketing the property and that I had an offer.......... I haven't actually even been instructed yet. I actually cant think of why the solicitor would even make such a statement as there is no benefit to anyone that I can see... However, clients have the information and I have advised them how to reel him in so that he has nowhere to go once they corner him on it (in hand at present). The list is actually almost endless. You also seem to be of the view that I send lots of work to conveyancing sheds and don't declare fees........ Personally i try and avoid conveyancing sheds like the plague. I prefer to deal with traditional legal firms wherever possible. However, do i sometimes refer to a solicitor that pays a referral fee, yes sometimes but its pretty rare (probably less than 3/5% of my transactions) as my sole preference is actually to pass a client to the best solicitor that i think will look after them and understands their property (no point passing a property sale with 20/50 acres to someone that cant handle it or understand the different complexities with larger country homes etc, rights, fishing, sporting, ag ties, existing overages etc etc. Oh and yes, if we are liable to a fee its made clear to our clients even before they instruct us to sell their home that a fee may be paid and what it is as per the exact guidance of the Ombudsman and our code of practice.. I work in a part of the industry where all of my clients pretty much know me, some homes i have sold 4/5/6 times in almost forty years for consecutive home owners. Most of my clients know where i live and see me 7 days a week. When you are that close to your customers, you have to do everything by the book (which would be true wherever I worked). I want a customer for life, not just for one sale and a fast buck. Of course there are good and bad in all professions and the legal and property profession are not exempt from this. Its interesting though that I have been lied to with great regularity by the legal professions and far less by the property profession……. One is regulated and one is not….. Regulation doesn’t seem to have made a difference to the legal profession at all. I do however hope that in the fullness of time that the Property Industry is regulated. I had wanted that when I first started in agency at the age of 17 and still have hope that it may be done before I retire.

From: N W 21 February 2022 09:46 AM

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From: N W 01 February 2022 12:50 PM

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From: N W 28 January 2022 14:49 PM

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From: N W 16 December 2021 16:19 PM

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From: N W 15 November 2021 14:49 PM

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From: N W 05 November 2021 12:22 PM

N W
What a load of tosh! As an agent of over 37 years experience and one who has auctioned property personally, the claim that Informal Tender (sealed bids) does the industry and sellers a dis service is dare I say it "laughable" The advantage with an auction is security of sale but apart from that, it rarely (in todays market almost never) secures the highest paid price possible out of the market. The weakness with an Auction is that the highest bidder only has to pay slightly more than the highest budget of the next lowest bidder (As a result the top bidder never really has to pay the maximum price that they might have paid if pushed all the way to the maximum of their budget). Having sold many many properties by sealed bids over the years, even more so over the past 18 months, the prices presently being achieved by sealed bids can be £20/£50/£100/£150/£200 and dare I say it even almost £400K above the next highest bidder (figures that would never have been achieved in an open Auction environment as the top bidder could never have been pushed to this level once the reserve had been passed as no 2nd under bidder would have had the ability to chase the figures this high. Yes I have had a sealed bid process where all three offers were the same and yes I have had two where the buyer then changed their mind (but a very small percentage in comparison to the numbers of properties successfully sold this way) and we went straight back to the next bidder who was still looking and happy days. My only regret is that I hadn't on all of these sales built in a performance fee for securing such high sales prices over and above the guide prices (we do now but I missed a trick on that for many months) With due respect to Auction House and others (who I know and have a lot of respect for), the claim that sealed bids does the market and sellers a dis service is absolute balderdash (if I had sold most of these homes by Auction i would have actually not done my job properly and then done a dis service to the sellers)

From: N W 08 October 2021 08:25 AM

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From: N W 08 September 2021 15:07 PM

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From: N W 20 August 2021 17:27 PM

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From: N W 19 July 2021 15:43 PM

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From: N W 01 April 2021 17:11 PM

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From: N W 24 February 2021 11:11 AM

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From: N W 15 February 2021 16:46 PM

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not so true. Most of us realised the end date and the fact that this would need to be managed (I'm lucky that most of my sales are well on course for exchanging and completing prior to the deadline date by diligence, careful management, setting the scene with buyers and sellers and ruthlessly managing the pipeline) Those that may be tight for meeting the deadline are aware (we put them on notice at the time) that due to the volume of sales being agreed we could not guarantee they would meet the deadline (I may have 3/4 that might struggle to get over the wire in time). The issue is going to be those sales that should have exchanged and completed prior to the date not being able to as the legal process, surveys, finance etc has become so backlogged (beyond what almost anyone could have predicted) and the biggest issue of all which no one seems to have considered i.e. that there are not enough removal companies in the UK to cope with the volume of house moves that will be trying to take place in the last 2/4 weeks and as a result whilst buyers and sellers may be legally able to exchange and complete they wont be able to set a completion date as they wont be able to get removals. the common sense thing is to tapper any relief to ease this problem or to allow anything that exchanges in March to have a delayed completion to facilitate removal companies being able to cope with the volume. removals is going to be perhaps the biggest issue that most people will not have planned for and the one that is likely to cause the greatest number of sales that should exchange and complete in time not being able to do so purely due to the logistics

From: N W 27 January 2021 09:54 AM

N W
I agree with much that you say. when we get to the end of March part of the problem is actually nothing to do with lawyers (though don't get me started on them) it is actually that there are not going to be enough removals firms to accommodate the volumes of last minute completions before the deadline. trust me, from my own personal experience having just moved before Christmas, every single removals firm was booked at least 2/3/4/6 weeks in advance even just with the pre Christmas rush. The numbers of which will be dwarfed by the volume trying to complete by the end of March deadline. Extending the stamp duty deadline would make sense but perhaps the rules should be "as long as you have exchanged contracts by the end of March, then you can have a window of up to three months to complete contracts" this overcomes multiple problems including spreading the removals work amongst other things Yes unusual for it to be so long but actually would overcome the problem and allow the Treasury to have a legally defined date from a tax perspective (so it cant be fudged or cheated) whilst many feel it is not possible for people agreeing sales now to exchange by end of March. I Have agreed a sale in past 16 days, will complete tomorrow...… have just agreed a sale yesterday afternoon, should be complete by Mid March..... but only possible with cash buyers and no survey and a real focus on buyers, sellers and both sides solicitors turning everything around immediately and putting pressure on their respective lawyers to get done Anyone needing a mortgage, in a chain, needing a survey and agreeing a sale now has little if no chance whatsoever of getting it over the line before the end of the Stamp Duty deadline and we have been telling buyers in such a position (and sellers) that since early December

From: N W 14 January 2021 09:32 AM

N W
Some argue its the bosses forcing their staff out...…. and that may be the case in some limited cases I'm sure. However, my personal dealings with dozens and dozens of business owners around the country (working together sharing best practice and helping each other keep their staff safe) is that every single one has put the safety of their colleagues first. I am a business owner, my staff felt nervous about carrying out any external appointments when we re opened on the 13th May. As a result I insisted they were office bound and made a point of carrying out every single viewing appointment and valuation personally for weeks on end (sometimes 13 appointments a day and working 12/16 hours a day but never arranging back to back appointments and following rigid guidelines) until they felt comfortable themselves about going out. We have had systems in place from day one on virtual viewings (since the 13th May) and followed the guidelines on 2 meters, checking buyers ability, minimising travel and risk and following all safety protocols since day one to the extent that I feel far safer at work (in control of who I will meet, when I meet them, how I meet them and refusing appointments with anyone that doesn't do as we have requested for an appointment) than i do/actually am just being out in the street going to get some shopping. I am at least delighted that most major supermarkets are now insisting that people should wear masks (long overdue) and perhaps they now need to be stricter on numbers again (controlling access was fine at the outset but seems to have slipped in most) but in reality, you are far more likely to pick up covid from buying some veg than you are from viewing a property - Fact! Yes we have an issue with the spread - it seems to be the general public at large doing what they want to do (some completely flouting the rules because they can). However, if you want an appointment with any of our multiple offices...… if you don't attend with PPE, if you don't do what we ask on safety then I don't care how far you have travelled.... you don't even get over the front door and you can pack off home. There is a risk with what we do. However, our industry has generally got a far better handle on safety and reducing risk for themselves , the public and the country at large. Those that haven't need to be fined and closed and reported by their staff but the real spread of this is nowhere near the property market

From: N W 14 January 2021 08:41 AM

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