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Funny how PB put "STC" on their houses i sold, lol.
*and *not* converting*
You can't get the best price if you don't show it to people.
Too many instances of PB taking the money and and converting.
But if you want to believe and put your money in, that is your choice.
I am not invested in any way. Just an ex-Agent who has worked on the ground.
You then need to ask youself the question is why the volume of instructions have been in a downward trend since 2019 ?
Minnie
You are suffering from an acute case of confirmation bias .I am just an observer and watch closely what is happening on a day to day basis
I find it stands me in good stead .It was clear this spring whilst other agents were enjoying a sales bonanza which has continued whilst Bricks have been running short on inventory with recent months well below previous years .
I bailed out some months ago .
It really doesn't require a a lot of analysis to see that that this means both revenue and profits will be down
Never let any unfortunate facts interfere with your judgement!
Especially so as they have just experienced having to fork out one off payments for being forced into a situation to restructure the employment status of LPEs
Now with min LPE salaries of £25kpa this is going to hurt in H2 with what is likely to be a quiet few months ahead
Its also safe to say that losing experienced staff at a high level isn't really beneficial . They have a nasty bit of taking property mangement clients with them.
Still think this is going to get progressively worse before changes happen to hopefully reverse the rot . Maybe Axel will finish off the job I am prepared to take a chance on that if it breaches 50p
Minnie that cheap fee you paid is startting to look a trifle expensive now with the SP drop . As ever DYOR
And don't even get me started on chain management, could not get hold of anybody at PB for chain questions. All the heavy lifting done by regular agents and good solicitors to get it over the line.
Oh, and seller left me a 5 star review on Google
"Finally we have a company that doesn't want to rip you off"
Pah!
Long story short - Vendor chhoses to go with PB not me, house goes up for sale, does not sell, vendor finally comes to me and buyer said they wanted to see house but PB said it was sold and couldn't be bothered to do viewing.
Vendor tells me he did not even have an offer via PB. So they took the money and did nothing other than stick a board up and take pics.
How many millions have PB made not selling houses? that is the key question.
Unsure wheteri ts ambulance chasing but there has been a mass exodus of top brass in their Lettings Department.Absolute chaos.It's been limping along from day one and maybe the patient has been deemed incurable
Liles has headed forRemax.Bull went to Yopa and Jobbins to Spicerhaart
A real vote of no confidence no wonder the sp is under the cosh