Friday 26 August 2011

Nothing new here then ...

Looks like we've been causing a bit of a storm when it comes to referral fees.

In the days of Home Information Packs we were extremely vocal that paying referral fees was nothing less than the work of the devil. Indeed, we even did a piece for Channel 4 news exposing the story. The problem that we had with the issue is that clients were not being given a choice in the provision of Home Information Packs and just knew that they had to buy them, so our view was that providers were manipulating the market by paying fees to agents.

However, our launch of The Partnership League, a marketing incentive to encourage agents to include us in their recommendation lists to clients for conveyancing, has been picked up by the trade press (The Negotiator Magazine, that we have somehow changed our stance.

However, we believe in competition and know that agents always give clients a choice - we don't pass on any costs to clients and it is an excellent marketing idea. Well we think so anyway!

If you're an agent and want to know more about The Partnership League, please just email us and we'll let you know.