A leading human resources expert predicts that agents who are poorly treated by their employers now will wreak revenge and move elsewhere when the virus subsides. Recruitment guru Anthony Hesse, managing director of Property Personnel, says that when some form of normality returns “Those who have been treated poorly by… Read More »Poorly-treated agents will change firms after the virus – forecast
One of the industry’s leading automated valuation services says it’s running at approaching 1,000 leads a day for agents even during the lockdown. The ValPal Network – which has some 800 brands and 4,000 agency offices amongst its members – says it recorded over 49,000 leads in March despite the social… Read More »Automated Valuation leads to agents staying strong, says supplier
A leading human resources expert predicts that agents who are poorly treated by their employers now will wreak revenge and move elsewhere when the virus subsides. Recruitment guru Anthony Hesse, managing director of Property Personnel, says that when some form of normality returns “Those who have been treated poorly by… Read More »Poorly-treated agents will change firms after the virus – forecast
One of the biggest issues for agencies at the moment is furloughing – a safety net being offered by the government to avoid job losses during what is seen as the temporary Coronavirus crisis. Under the rules outlined by the Treasury, this suggests that furloughed staff – effectively laid off… Read More »Furloughing – should it include agents’ commission as well?
Hello and welcome to our latest update… we’re probably not yet getting used to these unusual times but we hope this daily service helps provide some guidance. First off today, Right To Rent’s new Coronavirus changes. Letting Agent Today ran a story earlier this week on how Right To Rent… Read More »Corona Latest: New tenant checks, Virtual staging, Global agency impact
The Competitions and Markets Authority has started court proceedings seeking the disqualification of two estate agency directors over a price fixing scandal. The CMA has this afternoon announced that it has issued proceedings in the High Court of Justice, Business and Property Courts seeking the disqualification of: – Stephen Jones,… Read More »Agency cartel scandal – watchdog wants agent directors disqualified
Two auctions held behind closed doors have been deemed a success, and evidence that the property market can still function despite the lockdown. Savills has held its first ever remote-bidding-only auction, run by a single auctioneer supported by almost 30 staff working remotely connected using technology. Over the course of… Read More »Auction success shows property sector can still thrive – claim
One of London’s most experienced estate agents says there has been a very significant surge in foreclosure sales in part of the capital’s housing market – even before the Coronavirus outbreak began. Marc Schneiderman is the director of Arlington Residential, an independent agency that offers sales and lettings at the… Read More »Big surge in distress sales even before virus – top agent
Two property portals insist they’re going to launch this spring despite the Coronavirus chaos effectively closing down much of the housing market. OpenBrix has been 18 months in the making and says it’s finally launching at an unspecified date in early April. It says it’s seeking to address what it… Read More »Two new portals set to launch despite Coronavirus chaos
The key figure behind the Say No To Rightmove campaign says the fight for more realistic fees goes on – and agents are still joining the campaign hour by hour. The portal caved in to pressure from agents a week ago and agreed a short-term 75 per cent fees reduction to… Read More »Say No To Rightmove – the fight goes on says campaign leader
