Member Info for cyberduck

I've been looking at that case a bit more and I can't believe it's not discussed in any detail by anyone and the case should really be out there. The original case which was appealed is discussed here https://www.lovemoney.com/news/17737/estate-agent-lie-punish. It's only a journalist but they do say "to deliberately withhold important information" whereas Trading standards are trying to impose a greater obligation when they say "Even if agents are not aware of a particular drawback or material feature, but should have been and fail to disclose it, then the agent could also be culpable." I've also had a look at the CPR and it's open to interpretation http://www.legislation.gov.uk/uksi/2008/1277/regulation/6/made as you have to consider "all the features and circumstances of the commercial practice" This is the nub of the argument I think. Personally i think the appeal case listed earlier demonstrates that the Judge expected proof that the Agent actually knew about the mineshaft and the documents that Trading Standards submitted did not prove this. I know Trading standards try to dismiss their failure as a technicality but I think you can works some things out from the comments in the article. The defence was that Trading Standards had not submitted any evidence to show any person had been �knowingly� involved so I'm guessing the Trading Standard evidence wasn't enough to demonstrate this and that this was considered important by the Judge otherwise he wouldn't have suggested �Had the investigation involved the manager, evidence may have emerged.� 
 I think Trading Standards' claim that it was lost on a technicality is a bit of a red herring and what a lot of people say when they lose a case. Anyway, that's all theoretical. In practice Estate Agents continue as they always have. The biggest giveaway is that when they advertise a leasehold property they don't include details of the lease and don't even have it available when you ask for it. If the terms of the lease don't qualify as material information I don't know what does.

Sain, I do not doubt that there are some good agents but if people don't know who they are then they're better taking control away from the agent and listing with an online agent. If a property is easy to sell and you know the prices they've been going at then even if you know of a good agent then they're not worth employing. Did you read the article I posted the other day. Out of 30,000 branches in a mystery shopper analysis it was found that 12% of calls were unanswered and 40% of emails. I think my experience is pretty typical. I'm sure they all have their moments but if in general they're ignoring 40% of emails then I don't think those selling would be very impressed and I imagine you'd be outraged if your email about the names of those working for them and the number of properties they had sold got ignored :)

Trading Standards huff and puff about this but all an Agent appears to have to do is say they didn't know and for there to be no evidence that they did know. Trading Standards say you could be liable even if you don't know but that wasn't what happened when they brought a case against an Agent over a mineshaft's presence in the garden which they failed to inform buyers about. https://www.estateagenttoday.co.uk/news_features/Judge-rules-agent-did-not-mislead-buyer-in-mine-shaft-case I'm with Jimmy on this one. I've sold quite a few properties and have never known an Agent do anything other than take a few pictures and measure up.

http://www.digitaljournal.com/pr/3719250

>By god you're tough work Sain! I'd like to know what he's comparing to :) His expectations certainly don't seem to be met by Estate Agents in general who apparently don't answer the phone to 12% of calls and ignore 40% of emails. http://www.propertyindustryeye.com/unanswered-phone-calls-and-ignored-emails-found-during-giant-mystery-shopping-exercise-of-30000-branches/ Me, I'm used to poor service from traditional agents. At least if you use one of the online agents you can deal directly with the other party.

https://www.purplebricks.com.au/search-local-expert?ref=header Now 94 according to my reckoning.

Sain, I wouldn't trust the source you're using. In fact I've found no reliable source. I looked at the first realtor in the list with no apparent sellside listings (Roxanne White) and found one instantly https://www.zillow.com/homedetails/1182-Saguaro-Rd-Beaumont-CA-92223/79820074_zpid/ If you check her out with Zillow page she has 10 sellside instructions https://www.zillow.com/profile/Roxanne-White/ Yet Zillow states there are only 34 members https://www.zillow.com/profile/Purplebricks/ so Zillow is not a complete record either. As far as the UK goes, my own proxy for listings in March came to a total of 6008 and showed a marked improvement towards the end of the month.

I recommend watching the film "The Big Short". If you watch that you'll realise it's nothing like that now. See https://www.curbed.com/2018/3/30/17179750/subprime-mortgage-bonds-comeback "subprime mortgages was estimated at $1.3 trillion in March 2007" "in the first quarter of 2018 compared to a year ago, going from $666 million to $1.3 billion."

Thanks Sain, Did a little bit of research on bandit1 :) It appears he finds quite a few people tiresome if they post what he perceives as negative comments about shares he holds :) Sees himself as somebody who doesn't need any help. It's a shame he didn't take my advice and do a little research. He could have sold his shares around the 400p mark and if so confident about the future, bought a lot more of them at 400p. Imagine the carnage that would have happened yesterday if the profit warning wasn't watered down by the positive news that somebody is paying 360p a share in order to obtain a 10% stake. Like you say Sain, it's a good job I'm thick skinned. Getting it from both sides on a daily basis. Half the traditional Estate Agents over on PIE think I work for PB and over here I get accused of being a traditional Estate Agent :) Do your own research. April is the perfect month for doing the research. In the Chief Executives report for the 2017 he states "�If we compare April 2016 with this year we achieved 2,670 more instructions in the month which represents an increase of over 94% taking the total to 5,497 instructions for April 2017� Keep your eye on those daily "newly added" listings on Zoopla (bearing in mind that they aren't all new instructions because they have come back after a marketing break or after a sale falling through). Think about the �0.2M operating profit they made from the UK revenue in 2017 and decide what sort of growth they need to achieve, every year, in order to be valued at whatever the market has them valued at.

According to today's profit warning the revised guidance for revenue is 95% of the consensus which was �98 million. So �93.1M. The BOD have said they're on target for the �12M Oz forecast. So that leaves the UK & USA with �81.1M between them. The forecast for the UK alone was �84M. Any thought on what can be expected from the USA? Do your own research.

"Do you own shares here and if so why are you constantly talking the share down? Your mate cyberduck admits he has no shares here either. Odd don't you think that the top 2 negative posters don't own shares in PB? I appreciate that balance is important but constant negativity is not balance is it? Make your own mind up folks." Any comments on the profit warning today bandit1? "You are such an idiot Cyberduck. Suggest that if you don't know what you are looking at or where to look or interpret the data don't bother!"

https://www.ft.com/content/c8c36f8a-30dc-11e8-b5bf-23cb17fd1498

>little evidence of whether Californiaa is going to be a success yet True but we don't have all the evidence and realtor.com isn't the place to look for it from what I can see. >The �50m capital raise was meant to fund the rollout of 100s of experts 30/40/50 is well off this target Early days sure and you would have thought there would be sufficent in the Tommy to launch New York They do say that the company has "existing cash resources of �51.7 million (as at 28 February 2018)" so it's not like they have spent all the �50m raised for the initial US expansion. Net Cash was �64M at the end of H1.

Sorry for the duplicate posts. On further investigation... Zillow says Bethany Londyn has 5 current listings https://www.zillow.com/profile/bethanylondyn/ Even Zillow isn't the complete picture as I've previously found listings that aren't in listed on PB's page on their either. and Zillow only list 34 agents wheras I found 47 when I searched on 16th March. Best not to rely on these portals for a full picture.

Is this just because they don't update their pages though? Zillow is not a complete record so there's a good chance realtor.com isn't. Bethany Londyn certainly has one listing https://www.redfin.com/CA/Culver-City/5247-Berryman-Ave-90230/home/6728340

Is this just because they don't update their pages though? Zillow is not a complete record so there's a good chance realtor.com isn't. Bethany Londyn certainly has one listing https://www.redfin.com/CA/Culver-City/5247-Berryman-Ave-90230/home/6728340

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=PURP&ArticleCode=6ijfe6c3&ArticleHeadline=125m_Strategic_Investment_Trading__Board_Update Mentions revenues to be 5% below consensus. Directors selling some shares. Subscription at 360p a share.

https://www.telegraph.co.uk/business/2018/03/25/housebuilders/

https://www.telfordhomes-ir.london/media/webcasts/telford-homes-plc-interim-results-3/ Just watched this again. We'll soon find out whether there's been anything to dampen the obvious optimism displayed at the end of November. The information from Katie Rogers on increased margins in H1 was interesting, pointing out that they are saving on costs due to the larger size of their developments. Achieving 17% margin on the BTR developments, when they targeted 13%. With the Open Market developments they achieved 27%, 3% above the target of 24%.

There are today 741 LPEs. https://www.purplebricks.co.uk/search-local-expert?ref=header