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EAs Squeal like that guy on deliverance
Comments
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I actually would like a choice. If it was going to be come a death-knell for EAs, tehy would have to modify their business model to survive. Every other sector of the economy goes by this model, why should EAs have special treatment, especially as rightmove, the most well-known online property website does not allow personal adverts...
This as been going for years
http://www.thelittlehousecompany.co.uk/
If you have not noticed it may give you an idea how usefull advertising is and how much it costs.
Why do you think that other modles have failed and the EA one as survived for year?
Perhaps you do not give the business model credit. It is used by most agents (letting, recritment, comercial) soit it tried and tested.0 -
This as been going for years
http://www.thelittlehousecompany.co.uk/
If you have not noticed it may give you an idea how usefull advertising is and how much it costs.
So, why cant I put my property up on rightmove then for a similar fee? If we are going to talk about usefulness then surely we need to have great enough exposure to make it relevant? And you havent answered my question regarding tescos getting strongarmed out by the NAEAPerhaps you do not give the business model credit. It is used by most agents (letting, recritment, comercial) soit it tried and tested.
And as I say above, what are your views on how Tescos were strong armed out of the market as a result of the Estate Agent fraternity realizing that their little cushty (and imo unnecessary) role was under threat? Could they not have left them to fail by themselves? Surely if tescos didnt have a valid business model the EAs wouldnt have had to go wingeing to the government like a bunch of little girls?0 -
So, why cant I put my property up on rightmove then for a similar fee? If we are going to talk about usefulness then surely we need to have great enough exposure to make it relevant? And you havent answered my question regarding tescos getting strongarmed out by the NAEA
I have not because the question is irrelevent if you belive somone is going to down value your product why let them?
More to the point why do tesco need it?
You can advertise in you local paper, ebay all mass covergage.
By bigging up rightmove all you are just saying the EA platform works, Shared advertising costs= Sale.
PS stating Tesco have had strong arm tatics used aginst them is like the wolf complaining the three little pigs have purchased machine guns.0 -
I have not because the question is irrelevent if you belive somone is going to down value yor product why let them?
More to the point why do tesco need it?
You can advertise in you local paer, ebay all mass covergage.
By bigging up rightmove all you are just saying the EA platform works, Shared advertising costs= Sale.
PS stating Tesco have had strong arm tatics used aginst them is like the wolf complaining the three little pigs have purchased machine guns.
No, rightmove does not = Estate agency model. RM is a highly successful website that everyone knows to go to if they want to buy a house. That does not ring true with Ebay and necessarily the local paper. I cant be bothered to buy a local paper when most if not all houses listed locally are on RM. So I ask again, if EAs werent so threatened by the single fixed fee and self advertise model, then why is it not possible to use this method on rightmove? And why did EAs have to go whining about tescos who were using RM in their self-advertise model to the government who then repealed a decision they had previously made regarding self-advertise via the Tesco website? I tell you why. Because they are scared of change upsetting their dirty little monopoly they have on selling houses for a massively over inflated fee.0 -
No, rightmove does not = Estate agency model. RM is a highly successful website that everyone knows to go to if they want to buy a house. That does not ring true with Ebay and necessarily the local paper. I cant be bothered to buy a local paper when most if not all houses listed locally are on RM. So I ask again, if EAs werent so threatened by the single fixed fee and self advertise model, then why is it not possible to use this method on rightmove? And why did EAs have to go whining about tescos who were using RM in their self-advertise model to the government who then repealed a decision they had previously made regarding self-advertise via the Tesco website? I tell you why. Because they are scared of change upsetting their dirty little monopoly they have on selling houses for a massively over inflated fee.
How do yo think right move was funded and is funded............................
If you have got a better idea and the funds go do it...
It aint a monopoly it is the only way it works (business models survive because they are good)
Your average EA can change there model drasticly to survive. (drop advertising cut staff etc) and can increase them massivley during the good times.
Any business evolves around its environmet untill another viable model comes along and proves otherwise you are peeing in the wind if you think otherwise
Why moan about monopolies then talk about tesco (HELLO 1 IN EVERY 10 POUND SPENT GO TO TESCO).
Your argumet is rather bizzare as you want to take what you belive is a monoply but with many different companies (competition) and give it to one.(no competition is a definition of a monopoly)
What you want to do is create an unbreakable monopoly, can you not see that?0 -
Really 2 id leave it mate, dont feed the troll......0
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Darth_Marty wrote: »Really 2 id leave it mate, dont feed the troll......
I like business debates no favortisum to EA's but on a pure business level that is how all agents (not just estate ones) work so all he as done is made him self look a tom tit wanting tesco to take over.
That would not be a monoply then would it.:D
The guy is a legend (well his mom thinks so)0 -
Look in reality an EA just provides a sales and advertising service. (it is expensive to do colour advertising in a paper) for a % cost of a property
Are they money grabbing chancers who over inflated the list prices of property for their own gains.
Or are they just providing a service for advertising and have nothing at all to do with setting the price in the adverts?(recruitment consultants are far worse than EA's but far less hated)
I consider that EA's are ex-recruitment consultants that just couldn't cut it.
I hate RC's even more as have had more exposure to them. Why on earth companies cannot recruit directly is beyond me. I've been on both sides of the table.
RC's generally provide unqualified candiates to the position when your hiring, and when looking for a job will suggest that you invent things on your CV to get the interview.
Then they cream off the top vast sums for doing nothing more complicated than running a word compare software application against job titles and CV's.0 -
housesitter wrote: »Nice. But you idn't actually answer the question.
Are they money grabbing chancers who over inflated the list prices of property for their own gains.
Or are they just providing a service for advertising and have nothing at all to do with setting the price in the adverts?
I consider that EA's are ex-recruitment consultants that just couldn't cut it.
I hate RC's even more as have had more exposure to them. Why on earth companies cannot recruit directly is beyond me. I've been on both sides of the table.
RC's generally provide unqualified candiates to the position when your hiring, and when looking for a job will suggest that you invent things on your CV to get the interview.
Then they cream off the top vast sums for doing nothing more complicated than running a word compare software application against job titles and CV's.
eeer I did read my answer. I gave you a link showing a site oners sell there own hoses and they are more inflated.!!!
So yes an EA sets a price they think it can achive (same as any other valuer) but the owner either agrees or does not, the same for a potential buyer.
.
You have a problem with agents in general and the business model.
Some people are too lazy to look for a job or sell their own house that is why they are there.
(I always recuit by advertising a post, if you cant be arsed to look in a paper i dont think they are the type of staff for me;) )
PS EA's were around years before reruitment consultants
PPS here is my answer to what you actualy said.housesitter wrote: »Yes. Please stop defending EA's then, because you suggested to the poster higher up, re: your relative, that they are not money grabbing chancers who over inflated the list prices of property for their own gains.
You seem to full accept that is exactly what they did and will continue to do until they are regulated.
So which is it?Look in reality an EA just provides a sales and advertising service. (it is expensive to do colour advertising in a paper) for a % cost of a property
(recruitment consultants are far worse than EA's but far less hated)
You can sell on line if you like and use a self marketing company.
But on those sites which where the seller advertises are the houses cheaper or are they still trying to get top whack without the fees?
Search these
http://www.thelittlehousecompany.co.uk/
Is it the EA's or the sellers. I think you can answer that now.
to me they provide a service that could work out cheaper than doing it yourself (espetialy if you don't sell)
Everyone as a choice in life but there seems to a resentment why you can't advertise and sell your house for free.
Do us a favour when you buy and sell please do so without an EA and at the price you purchased for.:rolleyes:0
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