Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Is anyone at PB aware transactions for 2023 are likely to be down-circa 15%
less instructions=less sales=less FS Sign ups.
A new FS Consultant takes probably 1 year to become profitable?Commentary ?None
It that sort of lack of understanding that would,if i hadn't bailed out ages Ok, make me gravely worried.
I noticed both of these at the weekend
Bloody embarrassing to be honest on both counts
Harry Hill -good mates with the Bruces. Any thing in that ?Was it Birchall Edwards the brothers put into liquidation and bought it back and then flogged it to Connells at a healthy profit.may be wrong but my mind recalls something along these lines.If the share price falls further someone could get it cheap.Just saying
What ever/who ever-property transactions will be 20% down next year-PB wont increase their market share short term as the brand is now tarnished as is the team poorly led and quality has left .Survival will only happen is there is a serious reduction in size- baton down the hatches and preserve cash for 2024 and have a fresh plan for the whole of the property game.
Bruces -whos going to invest after Boomin debacle-?.
be interested if anyone has any info on Yoopa and Strike as I imagine they are on a downward trend as well and how long will investors pour cash into these two to keep these afloat when cash is needed elsewhere
Foxtons results all about a high quality letting business -unfortunately this does not exist at PB -Nor a sales business /Decent FS business /New Homes Business -that leaves ?? Ooops
What customer service !
They are still recruiting I notice
PB have made a fatal error here. One golden rule I was taught in sales-NEVER slate the competition. Some of PBs problem are the contempt they hold within the industry affecting recruitment of quality property professionals. they couldn't even find an estate agent to run the business.
A fatal error this one.
new kid on the block changed commission structure and employed more staff.he wasn't to know about kamiquaze budget but your only as good as your decisions.costs cutting required-keep your lettings book in check and they should survive
Wouldn't want to be the agent who bought the basket case of CWD right now-who made that call?
25k minimum you would get form the likes of SHG/RL etc
very poor.
I think September will be s or bust.
August is a strange one and normally the market has a last hurrah in September before the long slog towards year end.From October the focus is getting the pipeline through as instruction levels drop.But the new CEo wont know that
?
What pipeline does PB have to come through outstanding income in pipeline. That's the million dollar question here.
is it enough ?
6000 units to be made this year-a record for Aston. just a delay in materials not a problem with people wanting the cars
Dirt cheap shares
out of interest do anyone have any Strike financials-as the major competitor will they be able to stay the course?
Dont see it.You cant grow a business by just cutting costs.PB is or was all about volume the the hard truth is that the actual market wont deliver what they need.I heard the other day that some agents are refusing/advising their vendors not to sell to people who have PB or Strike in the chain as the sales progression in both companies is non existent .
Just needs an Estate Agent to grab hold of it -maybe a partnership with someone like the Spicerhaart Group perhaps could make sense