estate agents

Most estate agents and letting agents that I talk to are pretty confident now about surviving the rest of 2020. They have had the benefit of the furlough scheme, the local authority grant money, reductions in their portal costs, reduced marketing costs, deferment of a quarter’s VAT and deferment of the second tax payment on…

I was very sorry to hear that Andrew Grant in the Midlands had gone into administration. It seems a sad end for a business that has been trading for almost fifty years, but I fear that it will not be the last business casualty of Covid-19. Most letting businesses have performed well during the lockdown,…

Well, hallelujah, you are allowed to open your office, your bank balance is looking good and your business has survived the virus. Or has it? Unfortunately, it is still too soon to say. Let’s consider this example of a small business that usually banks £480,000 per year, half from sales and half from lettings. John…

The recent Pie survey showed that 57% of people who work in the property sector think that it is too soon for agents to return to work. However, most estate agency business owners are delighted that they have been allowed to reopen their businesses. Nevertheless there will be many obstacles to overcome before business can…

Here is a 10 minute video that I shot for Simply Conveyancing recently on some of the things that you can do to ensure that your business survives Covid 19. I hope you find it helpful. If you would like some individual advice on what your business should be doing at this very difficult time…

It might seem a bit soon to be talking about the recovery, but sooner or later it will come and having worked through the last 4 recessions in the housing market, believe me when I say that the upturn will be the time of greatest danger for most businesses. A lot of residential estate agency…

I hesitate to write anything about the impact of Coronavirus. It is by far the worst thing that has happened to the world in my lifetime and the enormity of the situation and the impact that it is having on people’s lives is terrifying. The debate that is about to commence across the world will be…