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Purplebricks Share Discussion Threads
Showing 751 to 774 of 775 messages
|Hillofwad - thanks for that.
On the Aussie websites you can drill down to the individual LPE - to see what they have sold, how much, the type of sale, type of property and how long the average sale took. This takes away some of the leap of faith of paying upfront.
I'm guessing sellers can't do this in the UK.
I make it 45 Aussie LPE's at the mo - the target is 50 I believe though the timescale for that is unclear.|
|Croasdalfed- Yes thats because they are able to remove all the negatives ones unless you can prove beyond reasonable doubt you are a customer . So all those who have unpleasant experiences and cant produce an invoice they can boot into the long grass All the unverified favourable ones are left alone -surpise surrpise
Its amzing how many of their reviews are single customer reviews . The reviewer so moved by purplebricks exemplar service they feel inclined to review yet dont bother on any other company they come across !|
|Weird ! As they get 9.5 out of 10 on Trustpilot|
|People will see Purp for what it is eventually, it's not all it's cracked up to be. They take the money upfront then you're on your own. Might as well sell on gumtree|
|Yes I agree 100 listings a week by April would be a job well done|
|6 listings and 1 sold in Aussie yesterday ....Initial target must be something like is 100 listings a week by April with 20 sales a week.. Let's see|
|Daily mail Australia :https://www.google.co.uk/amp/www.dailymail.co.uk/news/article-4123374/amp/Purplebricks-sells-house-HALF-price-big-agencies.html?client=safari$11,800 saving|
|I know tick all the boxes including fat fingers -apologies .Nufin rong wiv my spegging Guv|
|"When I checked our advert I had to correct numerous spelling and grammar mistakes!"
Congratulations Hill on your appointment as a Bricks LPE, hope you get some equity could be worth a fortune in a few years.|
|Yes they have upped their ante since Xmas According to Zoopla they took on 175 new instructions yesterday which is probably one of their best days they need to mind to pay for the new TV campaign and the low instructions level in December The problem is they are opaguew -a number of this are rehashed and nt actual fresh instructions/revue
The problem is they are taking longer to shift which means more time spent in admin
One issue to think about is if the Govt are slapping down on tenats letting fees whats to stop them banning Bricks from collecting a fee without a sale
Pity this poor vendor who has had this on since March 2015!!
or this recent review on Trustpilot
Put property up for sale on 11th Nov 2016 and had one viewing over 3 months. That viewing was someone who wanted to just check out ours as they were selling round the corner!! Our property expert Emma Poland had all the banter and we felt so positive! When I checked our advert I had to correct numerous spelling and grammar mistakes! We have had 2 property reports which literally just say what we can find out from the app! I emailed several times to ask questions...no response! She may as well not exist! I have just asked to remove our property, no response! I will be challenging the fees, they have done NOTHING!|
|Seeing lots of boards out in front of properties for sale:)|
|My research says 148 properties sold in Australia with 304 for sale.
@ £5000 a sale gives £740,000 revenue plus potential £1.52 m from those for sale.
I have factored in £3.4m revenue from Australia up to April 17 so if I am right its a very good start.|
|Am I right in saying one Aussie contract is worth 3 UK contracts and just 5000 Aussie contracts a year would add 50% to current revenue|
|apparently connells group (uk's second largest estate agency behind countrywide) own a company called hatched and they are going to roll out something similar.
Connells makes (don't quote me on this) something like £50m in profit per year and could easily fund a hefty marketing campaign behind its offering if it wanted to|
|Yes i lost a bit on that to lol|
|Not my finest hour. Was almost reduced to delivering the things after that one.|
|How are those Swiss Pizza's getting on ? i heard they could not get the mopeds up the mountains|
|Says the man who spend years moaning that LOQ was overvalued.|
|LOL, can see you guys moaning that it's to expensive when it smashes through the
1 Billion market cap|
|I think the potential investment error here is to confuse growth with potential. Yes this may be a growth area and estate agents may move online. However, Purplebricks competes with a range of other online agents such as emoov. I went through the process and found that emoov was much more competitive on price. Yes Purplebricks may have more name recognition but spending a huge amount on advertising isn't sustainable for a business to be profitable. Also not sure everyone wants a "Purplebricks local property expert". This is not least as with online agents you pay even if you don't sell so it becomes expensive if a sale isn't realized.|
|Loks like Bricks are heading for 2700-2900 instructions in Jan after a poor Decemver around 1500 To justify £410m valuation they need to get up to 80k instructions which is a big ask My view is that they will have difficulty breaching 50k instructions for next financial year This year around 36k|
|Placing on the way me reckons . January instructions look like coming in the range 2,800-2,950 but not picking up enough from the December slack of around 1,500|
|Agree it has to be hype
One false move and the shares will tank|
|too highly inflated imo, great long term growth potential (provider it retains economic moat... which is doubtful) but needs time to earn its value.|