The BBC broadcast a new reality show called Crazy Rich Agents last Sunday - you'll find the series on BBC2 at 9pm. It is designed to focus on high-end estate agency in the UK, with the producers aiming to showcase a more American way of selling and buying properties – a high pressure, high energy and high risk way. But the first thing viewers of the series should bear in mind is that sales commission in the USA is about 6%. So, in addition to high pressure, energy and risk one should add high cost.
Another fundamental point that the producers of Crazy Rich Agents might have overlooked is that you cannot ‘pressure sell’ property in the UK. You can’t persuade a buyer to say yes and then get them to sign on the dotted line.
Read more of our thoughts on the differences UK Estate Agents have against the US market!
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I am likely to say that it is a question, as a known estate agent, we are asked again and again, I have been in the property world since I was 18 years old and nearing 40 years later, if I had a pound for every time I was asked that question I would be on a yacht in the Carribean not giving a jot about property values!
Read more of Neil, our MD's thoughts here....
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Situated in the highly sought after village of West Chiltington, this beautiful detached character property offers over 2400 sq ft of accommodation as well as stunning landscaped south facing rear garden. Contact us to view this exceptional property - 01903 742354
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Yet another positive announcement, this time from the BBC regarding Halifax being set to sharply cut rates on some of its fixed mortgage deals, potentially easing pressure on some homeowners. They would join other lenders - Nationwide, HSBC and TSB who have cut some rates.
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