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Browno22 1:17 Mon Oct 12
Purple Bricks
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Anybody had any experience with these cunts?
Estate agent is mugging us off with the value so they can get a quick sale. PurpleBricks will put it up for whatever we want and there are loads of buyers in the market, but obviously you have to pay their fees even if you don't sell.
Are they worth it, or is it PurplePRICKS?
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Replies - Newest Posts First ( Show In Chronological Order)
Mr Kenzo
4:47 Tue Oct 13
Re: Purple Bricks
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Probably wouldn't get his hands dirty if its in Kent
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Block
4:47 Tue Oct 13
Re: Purple Bricks
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2-3k now days
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mallard
4:46 Tue Oct 13
Re: Purple Bricks
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What is a reasonable fee an agent could charge for a 300k semi in East Kent?
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Block
4:42 Tue Oct 13
Re: Purple Bricks
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Yeah that story is believable, a multi millionaire quibbling over a couple grand.
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Block
4:41 Tue Oct 13
Re: Purple Bricks
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Comma, the online agents have very little market share, In fact I believe for all the properties on rightmove only 10% of those are by online agents.
Online agents came out of no where, done OK for themselves and have faded as I mentioned, traditional agents will never disappear. Both will co-exist in some form but online agents will come and go a lot more frequently.
Covid will put more agents out of business than the fact online agents.
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,
4:33 Tue Oct 13
Re: Purple Bricks
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Bolty, the fact is that the advent of online agencies has shaken up the industry and the old days of an agency having the local area sewn up, reaping extra bigger fees because of house price inflation, have gone.
The way now is to have a two fee option such as a fixed fee for selling or a double price no sale no fee alternative. A relative of mine sold a house in Upminster last year for £3/4M and paid the agent just £2.4k on a no sale no fee deal. Two of the traditional local agents, competing for the sale could not come down to less than £5.5k so did not get the job.
These agents are shot unless they change to improve.
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Block
4:11 Tue Oct 13
Re: Purple Bricks
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Here's how agency commission works
I list a house for 500k and charge 1%
That's 5000 obviously
If I personally take the house and and someone else sells it I would get 5% of the 5000. 250 quid mins tax, NI and Pension. Which can be for 5/6 months work in some cases.
If I sell the property, I'd get another 5 %, But usually youd only do 1 or the other, as you're usually shoehorned into a specific role whether it be selling or just valuing.
This is why agents tried to boost the fees, as you have to be pretty good to earn a good living unless you're the manager(I was) and get an % of the fees brought in each month, even so that was only 2%.
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Block
4:08 Tue Oct 13
Re: Purple Bricks
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Comma, This is the age old argument, cheap online agents who literally only plop you online and hope for luck to get a buyer , likely to be at a lower price which counteracts the higher fees for your high street agent.
When I worked in Loughton, my average fee was aroun 3k, now the average price is around 450k, in my final year we made over 100k profit. So lower fees won't kill off the high street agents
Also, the only high profile agent to shut a large amount of offices are countrywide, Sequence group (William H Brown or Connells) are actually expanding) same for LSL(Yourmove)
Online agents hit quite hard in it's infancy, but people have wised up to the shit services they provide along with selling for lower prices which is why ttraditional agents have survived.
PB are the only large online agent to survive, Yopa are dead, Emove went under...
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,
3:57 Tue Oct 13
Re: Purple Bricks
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Block, the traditional agencies simply charge too much in comparison with selling alternatives. The multiple branch agencies, for example, carry enormous overheads that they need to service so they will have to streamline drastically in order to compete and stay profitable.
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Block
3:51 Tue Oct 13
Re: Purple Bricks
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Hence everyone calling you a coward.
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Vexed
3:44 Tue Oct 13
Re: Purple Bricks
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The facts are out there Block son.
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Block
3:39 Tue Oct 13
Re: Purple Bricks
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You carry on lying to yourself to make yourself feel better.
You sad sad individual
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Vexed
3:12 Tue Oct 13
Re: Purple Bricks
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Block son, facts are thus:
Even though I told you I was certainly not coming you still sent a false address. Not the actions of a confident man.
What a tart.
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Far Cough
3:12 Tue Oct 13
Re: Purple Bricks
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Boltyyyyyyyyy
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Block
3:06 Tue Oct 13
Re: Purple Bricks
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Cough, son.
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Far Cough
3:04 Tue Oct 13
Re: Purple Bricks
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Vexed 2:52 Tue Oct 13
Re: Purple Bricks
Block 2:49 Tue Oct 13
When you next get sacked, give me a shout. You can clean my caravan.
There, I fixed it for you
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Block
3:00 Tue Oct 13
Re: Purple Bricks
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You are absolutely priceless.
I'd have some form of respect for you, had you come out and admit you're scared.
The address is 100% factual, you know that already though.
You can continue to try keep up this hard act charade, people will just continue to laugh at you.
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Vexed
2:54 Tue Oct 13
Re: Purple Bricks
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Block 2:53 Tue Oct 13
Yeah pop round, have a look. I might give you a fake address though like all the hard nuts do.
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Block
2:53 Tue Oct 13
Re: Purple Bricks
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I'm sure you can manage cleaning your toy cars, coward.
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Vexed
2:52 Tue Oct 13
Re: Purple Bricks
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Block 2:49 Tue Oct 13
When you next get sacked, give me a shout. You can clean my cars.
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Block
2:49 Tue Oct 13
Re: Purple Bricks
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Kenzo, nope.
They make your stereotypical agent look like a fucking saint, they are fucking crooks of the highest order.
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