Don’t Be the Blockbuster Video of Estate Agents

Remember Blockbuster Video? That giant of the 90s that thought streaming was just a fad? Yeah, neither do our kids! Let's help you avoid the same fate by talking about something that could make you as obsolete as a VHS tape if you ignore it: Material Information.

The Sexy Side of Compliance (Yes, You Read That Right)

Material Information is like the kale of the property world: not everyone's first choice at the buffet but undeniably good for you. It's the stuff that makes a property listing as transparent at your front windshield after a deluxe carwash. We're talking energy performance certificates (EPCs), details on planning permissions and building regs, and those (often overlooked) nitty-gritty details that make a property as legally attractive as George Clooney in a courtroom drama.

The Bogeyman Under Your Bed: Non-Compliance

Ignoring material information requirements? That's like inviting the bogeyman into your business. Except this bogeyman doesn't just scare you; he fines you out of existence and drags your reputation through the mud. But here's the kicker: embracing material information doesn't just ward off the bogeyman; it turns you into the superhero of estate agents – helping you to win more, list more & sell more.

Be the Maverick of the Property Market

Imagine being the Tom Cruise of the estate agent world, sliding in with your "contract ready" properties, aviators glinting, as you leave your competition eating your dust. By making your properties "contract ready," you're not just complying with the law; you're making the sales process faster, smoother, and cooler than a Hollywood Blockbuster.

Making Compliance Look Easy (Because It Can Be)

Worried that handling material information is like juggling chainsaws while riding a unicycle? Relax. Today's tools and technologies make the whole process as easy as pie (and not the math kind).

But beware – many agents are taking "the ostrich approach" to material information – burying their head firmly in the sand and hoping it will all go away. Yet with up to 700 data points required per property to meet regulations, having the right tool for the job is critical for turning stress into success.

Your Mission, Should You Choose to Accept It

Your mission, should you choose to accept it, is to not be left behind in the march towards material information. You'll find all the information you need in The Ultimate Guide to Profitable Material Information. It isn't just a lifeline; it's your secret playbook to becoming the estate agent of the future, today.

So don't let your business become a relic of the past. Download the Ultimate Guide to Profitable Material Information now, strap in, and prepare for take off. The future of property sales awaits, and it's looking brighter than a neon sign in Vegas.

Remember, in the fast-paced world of estate agency, being compliant isn't just a 'nice to have'; it's your competitive edge against your low-fee competition and your key to higher fees. And who doesn't love higher fees, especially when it leads to more listings, too?

So, don't delay – grab your guide now to get started. 

More About Material Information

Reportedly, there is an unlimited fine and/or a lifetime ban and potentially up to 2 years imprisonment for Estate Agents who don't provide the necessary Material Information. Trading Standards say there can be no excuses now they have published guidance on what is required regarding Material Information A, B and C. 

If portals are not ready to accept material information then estate agents are still required to manually upload it for every property they list. If it isn't provided and a buyer's complaint is upheld, the redress scheme can ban the agent for life and they can also be taken to court by Trading Standards for breaking the law. There is apparently no acceptable defence for omitting, hiding, or even publishing Material Information late for a property that has already been listed.

UK government want to eradicate any disadvantages to the buyer in terms of not having all the material information to hand before they make an offer. If issues come to light after solicitors are instructed, the buyer could potentially lose hundreds of thousands buying an unsuitable property, or in wasted fees should they have to pull out as a result.

The following publications have been produced by the National Trading Standards for Estate and Letting Agents. Click here to visit their website or select the relevent PDF below to view and download: