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Originally Posted by embee
.....and they tried to sell us the idea that HIPs would actually speed up the sale process, yeah right.
"Further, the OFT have announced that they will be conducting a comprehensive study of home buying and selling."
Well that isn't going to take long is it? Basically there isn't any at the moment, nor for the forseeable future.
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We have a fair bit of resi on at the moment, Sarah is busy and so too is Julie. People who are selling have taken a caning on price though.
Quote:
Originally Posted by embee
Those characters really wizz me off, I mean really. The whole business has become so complex and involved that the ordinary punter just has no clue about what's going on, crazy.
PS - have they sorted out the issue about who actually owns the HIP? As in if you want to move agent for selling they wouldn't/couldn't transfer the HIP so you had to pay again, or is that still the case anyway due to legalities?
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My advice is always that client pays so client owns.
HOWEVER nearly all my HIPS are on our 'No Sale No Fee' product and it used to be the case that a change of agent triggered a payment. So people didn't transfer. However I think that the newer version doesn't have this so people can change if they want.