PrimeResi Journal’s Post

Should the Estate and Lettings Agency Industry be regulated: The Voice of the Agent Panel Discussion What happens when you gather Christopher Watkin, Elaine Penhaul of Lemon and Lime Interiors, Simon Whale of Kerfuffle, Paul Jamieson of TwentyEA, Russell Quirk of ProperPR, Simon Leadbetter from We Are Unchained, and the PVS Media crew - Chris England, Matt Lee, and Nick Kay - for five hours with a treasure trove of insights from 841 estate and letting agents, 2,000 consumers, and a cauldron of stats from various sources? You get property insight alchemy and a game-changing discussion on the future of the industry.

📢 Material Information: Make Your Voice Heard! 🏡 Material information is a contentious topic. Two industry-wide surveys—one for Sales and one for Lettings agents—are now live. Have your say and tell ministers what you think! 🗣️ Propertymark, The Guild of Property Professionals, Property Redress Scheme, The Property Institute, and Kerfuffle are calling on agents to complete a quick survey about the challenges of the new guidance. The results will help them represent agents’ concerns directly to the Government. 🔍 Key issues in the questionnaire include - Who’s responsible for providing material information—the seller, agent, conveyancer, or a third party? 📝 - The extensive updates needed across marketing materials, from brochures to window displays to major portals. 🖼️💻 👉 Link to surveys in the comments below! Even with portals like Rightmove adding new fields to meet NTSELAT requirements, a quick scan shows many agents only cover Part A info. Parts B and C—like accurate measurements—are often missing, especially in lettings. 📏⚠️ 💡 Failure to provide accurate material information can be treated as a criminal offence and may lead to consequences under the Consumer Protection from Unfair Trading Regulations. Make this a top priority in your risk register with enforcement imminent 🚨 As part of our end-to-end listing solution, we create fully compliant floor plans fast that help safeguard your business. If you're interested in future-proofing your listings, get in touch!📞✅ #HaveYourSay #MaterialInformation #FloorPlans #LettingAgent #SalesAgents 

Thinking about selling your house on your own? 🏡 Before you do, check out the key downsides of going FSBO (For Sale By Owner) and why having a professional on your side can make all the difference. Call Guidry Group Properties today to get started! 225-800-3031 #GuidryGroupProperties #Realtor #225realestate #greaterbatonrougerealtors #RealEstate #HomeSelling #FSBO

Did you know London homeowners tend to stay in their properties longer than the national average? High moving costs, including significant stamp duty fees, often make homeowners think twice before making a move. Thinking of selling? Discover more insights and explore your options in our latest blog: https://lnkd.in/e5DpBx4z #LondonHousing #EstateAgent #PropertyMarket #HomeOwnership

Legislation goes much deeper into the minimum standards of rental properties and landlords and agents must adhere to them. Click the link below to download EBM RentCover's state-by-state breakdown of minimum standards in rental properties in Australia to avoid legal hot water 👇 https://lnkd.in/gdKx43bF

FINALLY EXCHANGED AND COMPLETED 😴 😴 Knowledge and experience was certainly needed here - was it worth it ? Our original instruction was to simply sell a freehold shop and upper with GF tenant in situ and receive a % based on the final sale price What we actually ended up doing London Road, Norbury SW16 🔴 Advised on 1954 L&T 🔴 Advised on planning gain 🔴 Contested down val surveyor reports providing supporting evidence 🔴 Negotiated with existing tenant (on protected lease) 🔴 Re negged new set of lease terms inc significant rent increase 🔴 Listened to sellers swear and vent their frustration 🔴 Listened to buyers swear and vent their frustration 🔴 Calmed emotions on both sides to stop either from withdrawing 🔴 Hours of calls - emails - meetings A lot more happened but you get the idea Its swings and roundabouts as they say, rough with the smooth Some sales we do may get agreed in an hour and exchange and complete within 7 days and others like this particular case can drag onnnnnnnn Should we have charged more for additional services around the lease advisory ? Some would but we don't think so ... when these unplanned things come up in transactions its getting issues resolved over penny pinching that takes priority So was it worth it ? Yes and the challenging ones will always be the most rewarding as its often testament to the the agents involved and their ability to find understand the processes, find solutions and keep deals together Congratulations to all involved our invoice is in your inbox Daniella Davies - Charlie North - Chris Jones #commercialproperty #londoninvestors #londonpropertydevelopers #commercialrealestate #commercialpropertyforsale #commercialpropertytolet #commercialpropertyagents #propertyinvestors #propertyinvestor #londonrestaurant #tooting #streatham #wimbledon #norwood #shopandupper

🔮 🏘️ Read our predictions for the lettings market in 2025 over on our blog: https://bit.ly/3BKYwp9 #lettingagents #propertypredictions #lettingspredictions #landlordsuk Allison Thompson MARLA

Hot take: Everyone is wrong about property pricing! Everyone says sellers should accept the first offer, but I believe negotiation can secure the best price! 🏡💼 #RealEstate #Wimbledon #rentalsandsales #wimbledonrentalproperty #mertonlettings #southlondonlettings #londonestateagent #londonlettingent #hmoexpert