It appears that Prime Minister May and The Secretary of State for Communities and Local Government, Sajid Javid, are clearly ‘on the march’ in trying to fix the ‘broken’ housing market. Continue reading
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Category Archives: property
How to play Russian Roulette and win
Here is another fabulous vignette of a somewhat alternative negotiating technique and probably the finest I have seen in my lifetime. Let me set the scene for you.
My vendor client, Mr. Instone Bloomfield, was a wealthy banker with a swanky office in Berkeley Square and had instructed Glentree to sell his expensive, trophy mansion, in St John’s Wood, namely Mermaid House, for a price which in today’s money would be £75million.
The story of OnTheMarket.com
About seven years ago a sales representative from one of the two major portals came to me and asked for a 50% increase in our yearly tariff.
I was so horrified at the audacity of this proposal, that I thought I had misheard him. “Did you say 15%”? Even this ‘stuck in my craw’ as it was the equivalent of seven years worth of inflation in one hit. “No” he retorted, “I said 50%”, my worst fears were confirmed. He then tried to diffuse my mounting anger, by sheepishly asking me “not to shoot the messenger”. He explained that it was a diktat from the “head honcho” and there was nothing he could do about it.