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Post by Deleted on Jan 31, 2022 21:33:13 GMT 1
I am not sure of course but I might be one of the only people (plus other half)to remember when it all started in Rochebeaucourt (24)just inside the Dordogne in the late 90's. Clever idea, shocked that no other French immo hadn't already done it themselves, then you realise that any potential agent had to pay to be taught the ways of how Leggets worked by them going to HQ in Rochebeaucourt, rather different to how most if not all immos train their personnel. Unless it's changed, a Leggets agent only earns when they sell. One hears very rarely of a good agent, which is understandable as training is less than basic in my view. Back then you needed to either have a law degree to set up an estate agency or had worked for an agency for x amount of years, I think it was seven years but cannot remember. The law degree was tomake sure you knew how to charge people. Now anyone can start selling house working under someone elses CP. Covid has seen 1000s of new independant estate agents.
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ibis
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Post by ibis on Jan 31, 2022 21:45:24 GMT 1
Can the same be said about an english builder selling french property?
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Post by Deleted on Jan 31, 2022 22:04:26 GMT 1
Can the same be said about an english builder selling french property? English, German or Russians there are all nationalities selling French property.
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Post by tim17 on Jan 31, 2022 22:19:10 GMT 1
A new member of our dog walking started working for Leggetts three months ago, his previous job was in tv production. He is employed on a 'commission only' basis and with Leggetts struggling to get hold of new stock he's only got a handful of houses to sell so is earning very little at the moment. I know several Leggetts agents here in 17 and without exception they all have other jobs as the income from selling is very precarious.
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Post by Deleted on Jan 31, 2022 22:58:25 GMT 1
A new member of our dog walking started working for Leggetts three months ago, his previous job was in tv production. He is employed on a 'commission only' basis and with Leggetts struggling to get hold of new stock he's only got a handful of houses to sell so is earning very little at the moment. I know several Leggetts agents here in 17 and without exception they all have other jobs as the income from selling is very precarious. It's still a win win for the owners of the company. They just sit back and probably get 50% of the commission on all sales while most of the agents lose money and time driving many day dreamers about. Some of the agents will make some money but many will blow what little they had.
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Post by omegal on Feb 1, 2022 0:33:48 GMT 1
Can the same be said about an english builder selling french property? English, German or Russians there are all nationalities selling French property. Any builder can buy and sell properties as Mysty2 knows, they are called; Un marchand de biens
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ibis
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Post by ibis on Feb 1, 2022 0:40:38 GMT 1
English, German or Russians there are all nationalities selling French property. Any builder can buy and sell properties as Mysty2 knows, they are called; Un marchand de biens But "would you trust them"?
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Post by pcpa on Feb 1, 2022 1:22:08 GMT 1
they, in my opinion had no respect for the people buying or selling, just their cut of the deal. Thought we were a bunch of muppetts Good to hear that Leggetts are 100% upholding the industry values. The French agent that I am buying through did not even respond to my phone calls and E-mails saying I wanted to buy the property, I had to doorstep him at the agency and he was not at all pleased. Fast forward to the point of signing the compromis where he has a sniff of his fee and he is Monsieur Proactive. The only time the Estate Agents selling my UK property don't lie is when their mouths are not moving. In both cases it's exactly what I was expecting so no surprises.
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Post by Seaboots on Feb 1, 2022 7:55:06 GMT 1
I am not sure of course but I might be one of the only people (plus other half)to remember when it all started in Rochebeaucourt (24)just inside the Dordogne in the late 90's. Clever idea, shocked that no other French immo hadn't already done it themselves, then you realise that any potential agent had to pay to be taught the ways of how Leggets worked by them going to HQ in Rochebeaucourt, rather different to how most if not all immos train their personnel. Unless it's changed, a Leggets agent only earns when they sell. One hears very rarely of a good agent, which is understandable as training is less than basic in my view. Sorry but Leggets are relative newcomers to the ‘idea’ as you put it. I believe as far as I know, that the company I worked for and with the 80s started this way of selling to Brits. An English chap along with French girlfriend who had a CP started a company selling to Brits and then went on to form a SCOP in which agents like me (agent commercial) sold properties for which I paid about 10% commission . Commissions were paid as salaries which effectively meant I was salaried along with the benefits accrued from that. I / we were even entitled to travel expenses etc. At its peak we were fifty or so agents , mainly French throughout France although the hq of the SCOP was in Angouleme. We revolutionized the way provincial properties were bought and sold at the time in the 16/17/79/86/24. Thé more traditional local agents hated us because we sold so many properties at reduced commissions but local notaires loved us.
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Post by omegal on Feb 1, 2022 13:17:49 GMT 1
I am not sure of course but I might be one of the only people (plus other half)to remember when it all started in Rochebeaucourt (24)just inside the Dordogne in the late 90's. Clever idea, shocked that no other French immo hadn't already done it themselves, then you realise that any potential agent had to pay to be taught the ways of how Leggets worked by them going to HQ in Rochebeaucourt, rather different to how most if not all immos train their personnel. Unless it's changed, a Leggets agent only earns when they sell. One hears very rarely of a good agent, which is understandable as training is less than basic in my view. Sorry but Leggets are relative newcomers to the ‘idea’ as you put it. I believe as far as I know, that the company I worked for and with the 80s started this way of selling to Brits. An English chap along with French girlfriend who had a CP started a company selling to Brits and then went on to form a SCOP in which agents like me (agent commercial) sold properties for which I paid about 10% commission . Commissions were paid as salaries which effectively meant I was salaried along with the benefits accrued from that. I / we were even entitled to travel expenses etc. At its peak we were fifty or so agents , mainly French throughout France although the hq of the SCOP was in Angouleme. We revolutionized the way provincial properties were bought and sold at the time in the 16/17/79/86/24. Thé more traditional local agents hated us because we sold so many properties at reduced commissions but local notaires loved us. Seaboots, we came down to the Dordogne around 1988/89, very few Immobiliers around really, well compared to now anyway. Where was it based and what was the name of the company and indeed where are they now? I think Leggets, although not the original you state, it has grown far bigger than the one you worked with. When you say you revolutionised those departements I am quite surprised I never knew about it as I was in contact with Notaires and Immos around Perigueux and up to where Leggets started on the border of 24 and 16.
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Post by omegal on Feb 1, 2022 13:36:22 GMT 1
Any builder can buy and sell properties as Mysty2 knows, they are called; Un marchand de biens But "would you trust them"? In what way? We have always checked out the property we are buying, the checks would have been arranged pre-sale, sorry not sure in which way should we trust them?
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Post by Seaboots on Feb 1, 2022 14:20:30 GMT 1
Sorry but Leggets are relative newcomers to the ‘idea’ as you put it. I believe as far as I know, that the company I worked for and with the 80s started this way of selling to Brits. An English chap along with French girlfriend who had a CP started a company selling to Brits and then went on to form a SCOP in which agents like me (agent commercial) sold properties for which I paid about 10% commission . Commissions were paid as salaries which effectively meant I was salaried along with the benefits accrued from that. I / we were even entitled to travel expenses etc. At its peak we were fifty or so agents , mainly French throughout France although the hq of the SCOP was in Angouleme. We revolutionized the way provincial properties were bought and sold at the time in the 16/17/79/86/24. Thé more traditional local agents hated us because we sold so many properties at reduced commissions but local notaires loved us. Seaboots, we came down to the Dordogne around 1988/89, very few Immobiliers around really, well compared to now anyway. Where was it based and what was the name of the company and indeed where are they now? I think Leggets, although not the original you state, it has grown far bigger than the one you worked with. When you say you revolutionised those departements I am quite surprised I never knew about it as I was in contact with Notaires and Immos around Perigueux and up to where Leggets started on the border of 24 and 16. The company started in about 1986 if I recall. I first went to the area in 1987 when they were starting business under the card of the lady (Genevieve) , she met up with Peter who then formed the company Charente Property Search. They bought their first ruin in St Angeau, between Mansle and Ruffec and did it up completely and opened it as their first office. They then did the same to next door then a large maison de maître across the road which became their main office. They opened a branch in St Germain de Confolens and then Mansle if I recall. The SCOP started in 1988 and kept going a few years until Black Wednesday (16 September 1992) intervened and the pound lost a lot of value putting people like me out of business. When it recovered CPS re formed under a different guise and I left in 1996 as I was offered a CDI with a company.We/they sold hundreds of properties and preceded Leggets by a few years. FWIW, my only dealings with Leggets was four years ago when I sold my house in St Junien through them . The service I received was excellent.
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Post by omegal on Feb 1, 2022 16:16:03 GMT 1
Thanks, so of course being based in what become a kind of British enclave (I think I am right concerning Mansle and Ruffec) I never heard of the company in and around the Dordogne area. I do remember well around 1994 when the pound took a pretty large hit going down to under 8.40 francs to the pound sterling, maybe more but I know we too got hit around then when expecting to bring some money in to France at over 10 Francs to £1 over in 1994. I knew the training chap at Leggets at the start, a smashing chap, loved the gee gees, like myself (not now I hasten to add)
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Post by helenof on Feb 1, 2022 20:33:03 GMT 1
We purchased a house in September,which was also advertised on Legette. Up to the day of the sale it stood as "for sale". A day or 2 after the sale it was changed to "under offer". At the moment it is still on their site as "sale agreed"
We also had loads of trouble getting appointments. One French lady agent insisted that I phoned her for an appointment, even though I had stated in my e-mail that my conversational French wasn't yet very good. I never phoned her and that house is still for sale.
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Post by pcpa on Feb 1, 2022 21:17:20 GMT 1
I reckon the Immo thought that nobody in their right mind would buy the property for the price it was advertised at so did not take me seriously.
My offer after viewing was a hell of a lot less but was accepted, he had been very canny and negotiated a fixed fee for the sale whatever the final price which in the end represented a silly percentage (10 times what I am paying in the UK) and so he had no incentive or interest in getting a higher price for them.
On the one hand given that I had already found the property myself before the heritees listed it with the agent he did nothing to earn or deserve his fee, on the other I doubt that without his financial interest they all would have accepted my offer had it been made directly before it was listed with him.
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