A new podcast has been launched by Winkworth, presented by commentator and broadcaster Anne Ashworth.
The first episode of The Property Exchange examines what the future holds for the town and country markets.
Winkworth’s chief executive, Dominic Agace, reveals there are multiple potential buyers for every valuation undertaken by firm’s country offices, while the London market is also seeing buyers return, with a 48% increase in sales transactions across Winkworth’s central London offices in the first quarter this year.
Listeners also hear from Charlie Mitchell, director of Winkworth’s Tooting office, about the work-life balance. He made the move out to Suffolk last year and now divides his time between London during the week and Suffolk at weekends.
Mitchell tells listeners that the Tooting area is a magnet for those looking for a house or flat with more space and a garden at a reasonable price for South-west London.
Agace said: “The Property Exchange is a new way for us to talk to our customers and to anyone interested in buying and selling property.
“We have a huge amount of expertise at Winkworth and our podcast offers a great opportunity for our agents to pass on their knowledge.”
The Property Exchange is available on Spotify and Apple. Click here to listen.
Comments (2)
Nice touch.
Winkies branches overlap many of the areas Foxtons operate .
Donning the anorak .
An interesting comparison are the Foxtons and Winkies branches in Lordship Lane ,Dulwich.
Foxtons branch occupies a prominent corner position with a brash sleek triple frontage whereas Winkies occupy a more sedate single fronted home .
The contrast in performance couldn’t be any starker.
According to Zoopla yesterday the stats are as follows :
Foxtons current sales inventory acc. is 53 of which just 8 are showing SSTC or Under offer (15/16%) and 8 listed 12 months or longer. Average asking price £568k and average time on market 41 weeks.
Winkworths an impressive inventory of 140 with 73 SSTC or U/O over 50% with just the 4 listed 12 months+.
Average asking price £674k and just 18 weeks listing time
The lettings inventories are similar.
As CEOs Dominic Agace & Nic Buddden find themeslves in different situations.
Investors in Winkies content to see the company progress slowly ,expanding gently with a steady hand on the rudder ,A franchised operation where franchisees are fully aligned .
Tooting & recent recruit Crystal Palace are directly run The average sale listing time is currently 18 weeks at Crystal Palace whereas Foxtons is 22 weeks .
It will be interesting to see if Winkies give Foxtons a run for their money.
Budden finds himself under pressure from activist shareholders to get the horses out and also to give his fee earners a vested interest in the business through share ownership & encourage them to remain on the premises
He certainly needs to cast his eye over branches like Dulwich and ask some very pertinent questions.
Time to shape up or move out
What took them so long?
Their ex-Ladbrook Grove manager, John Savage, was pushing for this six years ago and went on to produce an amazing podcast himself in which he interviewed local business.
This sounds like it’s missing that hub/spoke distribution model.
I wish it well but it will struggle to match the intensity and authenticity of John Savage’s podcast.