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May 2008

Welcome to the future!

Sir,

I USUALLY read Paul Smith’s scripts with the salt pot in hand as he blurts out the corporate rants of a CEO like some property world version of Alan Sugar.

However, I do wholeheartedly concur with his call last month for estate agents to kick newspapers into touch.

I would go further to say that any property portals owned by newspapers should also be boycotted — because if they systematically get you by the unmentionables, then the industry will once again become beholden to them and they will start to screw us all to the deck again, while they allow services to deteriorate and under-invest in technology.

In 31 years, I spent hundreds of thousands of pounds with my local newspaper.

Their service deteriorated through that period, their rates were hiked regularly and when they became part of the Newsquest Group, they simply became appalling.

At the end of 2007, I had a new website built to now be able to offer virtual tours, quality enlarging imagery, floorplans, fully downloadable A3/A4 brochures etc and acquired a bright red Mini Cooper emblazoned with my new style.

I have paid for all of this within a fraction of the amount I was budgeting to throw at Newsquest for the same old stereotypical rag they throw together each week. It used to take us half a day correcting the advert for spelling mistakes!  

I was the first in my area to kick newspaper advertising into touch. My instruction levels are well up throughout this difficult

period in the property market. I also moved out of town centre offices at the end of a lease period and my new computer systems allow me to run my business from home.

Over 90 per cent of my vendors have e-mail and I can feed them with online activity for their property as it happens.

My sales have remained constant and I actually have more time to concentrate on what vendors want from us – TIME, EFFORT and FEEDBACK.

I also now have time to consult to an IT company which is in the process of establishing a network of NAEA member estate agents running their businesses from home. I have proved it to be both possible and profitable.

As high street estate agents either feel the pinch or hit the wall altogether. there is going to be a tremendous niche for experienced people to work from home spending on affordable IT solutions.

It’s also what the increasingly  computer-savvy public want — rather than being charged extortionate fees by some overhead-loaded high street dinosaur grimly hanging on to the dark ages and throwing disproportionate amounts of money at American-owned newspaper has-beens!

This is my fourth decade in estate agency and I think it’s going to be my most rewarding.

I feel well up for the challenges ahead and have put my business in a position to survive the oncoming slaughter.

Assisting with the development of a networked home-based agency is now the Holy Grail. However, the thing that has recently given me the most satisfaction was giving the God-forsaken Newsquest Group the middle finger salute!

Getting back into a Mini Cooper again after 30 years isn’t bad either — it corners better than my old V6 gas guzzler.

JAMES WHITEHEAD,
Blackburn.

   
Tuesday 13th May 2008
Front Page of the Latest Edition of Estate Agency News

May 2008 - Edition 244
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above to read the
front page in full]


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