BLOG

Why now might be a good time to sell your lettings business

The Brexit vote and the tenant fee ban have both had a very negative impact on the business transfer market but we are beginning to see light at the end of the tunnel again. The tenant fee ban has not had nearly as much impact on the income of letting agents as was predicted and…

Brexit vote and the resulting downturn in the housing market

Since the Brexit vote and the resulting downturn in the housing market, much of my consultancy work has involved helping clients to reduce costs, says Adam Walker, but we have to avoid chopping the critical elements of the business! When things are going well, it is all too easy to let costs increase and a…

Avoiding the wrong kind of cost cutting

Since the Brexit vote and the resulting downturn in the housing market, much of my consultancy work has involved helping clients to reduce costs, says Adam Walker, but we have to avoid chopping the critical elements of the business! When things are going well, it is all too easy to let costs increase and a…

How to prevent staff stealing money from your business

Employee fraud is a significant problem faced by organisations of all types and sizes, says, Adam Walker and there is no reason to think that estate agents and letting agents are exempt from it. Whilst we would all like to believe that our employees are loyal and honest, there are still many reasons why your…

Money matters

“Money…” How would you complete the sentence? Money makes the world go around? Money is the root of all evil? What is your instinctive answer? And why is this important? says Adam Walker. Well, the attitude that we have towards money plays a very important role in determining how much of it we earn, how…

The true worth of your property

“Every agent has homes on their books that are overpriced, says Adam Walker. All the evidence says the house is worth £450,000 but the vendor wants £500,000. You can tell them again and again it’s too much, but they will just not listen to reason.” Well, if it’s any consolation, the same is true for…

Brexit chaos is paralysing entire housing market including sales of agents themselves

Here are my thoughts on the Brexit chaos. Are they yours? During my 40 years in the property industry, I have never seen an event that has paralysed the market so totally as Brexit. I have clients in almost every market sector and almost every one of them is complaining about the devastating impact that…

Compulsory Client Money Protection legislation

I was nearly arrested last month because of the new GDPR regulations. Don’t worry – my offence was not directly GDPR-related but it was certainly caused by it. The garage that I have used for years used to text me to say when a service or MOT was due on any of my cars. When…

The demise of the online estate agency sector

‘Happy New Year… As I sit down to write this article, the first one of 2019, the estate agency news magazines, websites, portals and indeed, Twitter, are full of stories about the demise of the online estate agency sector, says Adam Walker, I hate to say ‘I told you so,’ but…” Emoov has just collapsed…

Are you thinking of selling your business?

LET US HELP TO ENSURE THAT YOU GET THE BEST PRICE We have sold over 200 estate agency and lettings businesses in the last 5 years and we have unrivalled experience in the sector. We can help you to achieve the best price by: Ensuring that your marketing pack and profit figures are properly prepared Using our…