Spanish Property Insight › Forums › Spanish Property Forums › Spanish Real Estate Chatter › Good News re O* and YM!!!!
- This topic has 18 replies, 10 voices, and was last updated 16 years, 9 months ago by Paul.
May 27, 2006 at 11:51 am #51852
I have just received an email from YM saying that in the light of information, and my emails to them, (bad Press presumably) O* will no longer be their Primary Overseas Business Partner other than to clear up some on-going deals in Bulgaria.
YM’s new overseas partner will be P****** Properties??? What do you think about this?
I’m extremely pleased that Your Move have taken immediate steps to restore credibility to their overseas business and in the light of the FOPDAC initiative re the post on this site ‘agents must clean up their act’.
The internet is a powerful thing, don’t forget to email FOPDAC if you have problems with your agent whether UK based or overseas.
If anyone is wandering past branches of Your Move here could you monitor this situation please?
May 27, 2006 at 12:52 pm #62450
That’s good news.
We bought through O*. Stupidly, I thought the owners who were very hands-on and evident at the exhibition we attended would make for a better company than an impersonal corporate.
Well done for your campaign.
May 30, 2006 at 1:40 pm #62492
Thanks for your support, it just shows what people power can do, it’s a pity though that YM will still use O* for Bulgaria sales, personally I think they should drop them completely.
Apparently YM have over 400 UK branches so O* will be scrambling around now to find another chain of estate agents to do their marketing, but we will watch that and warn them too.
I’m not sure though about P* being a lot better!
May 30, 2006 at 5:34 pm #62496
Good on ya Angie ❗
May 31, 2006 at 8:32 am #62503
I think that you guys should all be reporters, they seem to have a habit of putting in black and white what the want people to believe is the truth, when in fact it could not be further from the truth.
The situation between O* and YM is an internal matter at YM. Ym have recently acquired another estate agent in the UK who have an overseas department which currently uses P*. The director of that company is now to oversee the overseas business of YM and his association with Spain and Turkey is through Parador, hence why the new association has happened. There is no bad feeling between Your Move and O*. O* are still dealing with their Bulgaria/France/USA/Thailand etc operations as these are countries that P* do not deal with. So as you can see, your assumptions are completely unfounded, and Im sorry to say that it is very unlikely that your one letter has completed changed an operation like Your Moves selection of overseas agent that they use.
I can assure you that YM have a vast selection of very very happy clients who have been looked after by O*, I hope that this continues with P*, if not Im sure that they will do the sensible thing then and revert back to O*.
There are a lot of disgruntled people around the world who have purchased property offplan in the past in Spain and unfortunately the properties have not sold before completion, these people have not made provisions to allow for if their unit has not sold, it is not the fault of the agent if this happens, granted O* have a selection of properties which fall into this catagory but so does just about every real estate agent in Spain.
May 31, 2006 at 11:37 am #62505
The majority of off plan problems are not associated with the inability to sell on before completion.
Maybe if the agents told the truth about the viability of being able to do this, there wouldn’t be any associated problems.
May 31, 2006 at 12:36 pm #62506
The issue is that the friendly and chummy agent made promises that he had no intention of what so ever to fulfill. That being to sell your off plan before completion without any problem. And what happens??That´s right, he does not even have the courtesy to return your phone calls, ie he could not care less, he is not interested. This seem to be the norm of the big agents along the coast, not just one! They are all as bad as each others in this respect.
June 1, 2006 at 10:46 am #62525
That’s why all the Your Move offices have been emailed from their head office saying that Parador is their preferred overseas business partner now, and that Your Move offices will ONLY be dealing with Bulgaria?
I can tell you that unless Your Move are lying, they are definitely not happy with ALL the negative Press about O*. and that’s why they have dropped them primarily.
Thanks for your uninformed comments though.
June 1, 2006 at 2:22 pm #62532
Blinkers come to mind Angie, I have worked for OE for 3 yrs now and am constantly asked to move to other companies on the coast, I 100% believe that OE is the best company on the coast and that there are a chosen few out there who cause this bad press due to their own misfortune. To be honest I think it is more OE’s misfortune to have ever had the chosen few as clients, we have thousands of very very happy clients. Your Moves loss not ours. I look forward to the day when Your move come back to OE, tail inbetween their legs, asking us to look after their clients again, when we can revise their huge commissions that we paid them to a more realistic one, bear in mind one thing, if they were getting a huge commission from us, then how much are they getting from Parador for them to move. Anyway, I do not need to waste my time justifying a perfectly good company to a bunch of blinkered fools who do continually refuse to listen. I could spend hours just typing more and more but I have a job to do, looking after my clients that want my help.
June 1, 2006 at 3:43 pm #62534
Not a typical OE attitude then 🙄
June 3, 2006 at 9:54 am #62605
Wel said Flynn, poor old concerned would think O.E. were the best since she works for them, she’s hardly likely to say otherwise, she now admits that Your Move has dropped them it seems. Typical OE attitude calling all the misled clients ‘blinkered fools’, they don’t care after the sale!
June 5, 2006 at 1:30 pm #62630
Maybe blinkered fools did not quite express correctly what I meant to get over, tunnel vision would be more apt. Also, Angie Im a he not a she.
June 5, 2006 at 2:42 pm #62631
Dear Concerned, I’m sure you are concerned about your loss of commission, word finally does seem to be getting around now, thank goodness. Still OE must be paying you something to write this rubbish.
June 6, 2006 at 3:38 pm #62644
Well said Anne, if so called Concerned was a (real) man who admits he/she works for O.E. and therefore is working for the most scrupulous agent on the Coast (choke!) then why would he/she hide behind an alias, that we can’t pm back either?
Poor old Concerned was rumbled on here before as she was on the andalucia.com site, and has been tasked the job by her employers to write her rubbish as you say.
Their commissions have been knocked quite severely, and now the loss of 400 Your Move offices (to be monitored when anyone is passing one) has had an effect, but they’ll be looking in earnest for another UK estate agent chain, but I feel it’s my job to make the new agents aware of their tactics and Press articles. Trouble is they are moving into the Bulgaria and Turkish property markets for which the S. Times recently ran an expose AGAIN on them.
Hopefully more and more people will become aware of them and so avoid them!
June 6, 2006 at 4:34 pm #62646
My comments on this website are completely my own, I am actually told not to get involved with this sort of thing but I take pride in my job and I do not as I am aware have any disgruntled clients that I look after, I regularly bring clients out to the coast, they are put under no pressure as far as I am aware and are under no illusions when they reach this coast as to what they will see and expect from the trip. I have tried to offer my help to a regular writer in this forum Claire but she point blank refused, the SE who sold to her no longer is employed by OE. Also,. I note that another constant grumbler Paul H has made no reference or reply to my comment (fact) about the nice tidy sum that he made out of the purchase and subsequent sale of his properties in Cabopino. There really is nothing to say to you guys, you will never accept that not everything in life is perfect and that people can only do their best, investors in offplan property bought in that vein at their own risk if they could not complete, I am sure that they would have been advised of the risks when they originally purchased. 👿
June 6, 2006 at 5:04 pm #62648
From what I’ve seen of the sales pitch on off plan, most investors are persuaded to go ahead even if they cannot possibly ever afford to complete, sold a very rosy tale of almost guaranteed resale before completion and I believe OE used to massivley inflate their % sucess in this (maybe they still do).
It’s also funny how every single person who has problems with OE are almost always brushed aside with the excuse that, “the person who sold you your property has now left the company” Like this makes it OK then 🙄
June 7, 2006 at 12:37 pm #62663
Not at all Flynn, I offered to help Claire sort out the mess that the person in question had left, I may not have been able to do anything but I would have tried my best, but it was point blank refused. I will leave this forum now and leave you all bickering, do you do nothing all day except sit on the internet complaining, maybe you should all apply to be on big brother! 8)
June 7, 2006 at 2:25 pm #62667
Actually concerned, most of us use this forum either to ask others with more experience for help or to offer what little we have learned through experience to help other out…including a few very knowledgeable and helpful lawyers, who could have probably made a small fortune if they had charged for the advice they give here for free!
Unfortunatly as with all forums, there does seem to be the odd posts that seem to be intented to deliberatly wind others up and yes, then problems do arise, but the majority of posts are aimed to help others…
June 8, 2006 at 1:58 pm #62683PaulBlocked
Concerned, you keep pushing that point which is totally untrue bearing in mind timescale 3.5 years of misery with OE (although they quoted 1 year for a hot investment), horrendous costs involved, loss of interest in that time, missing out on the hot UK market, taxes, handling and Bank exhorbitant charges, the negligent lawyer you recommended and his increased costs,costs of 6 trips out during that time, OE hiding behind the fact that A. Campbell has now left so ‘we are not responsible’ etc etc etc, it goes on and on.
Of course I could point out to everyone the development had no building licence for nearly another year that was not pointed out by OE, I could mention a site OE showed me that would invove B money payment and an underdeclared purchase price ( which I steered clear of), and not least I could copy the letter from OE which clearly states that 93% of all investor clients purchases are re-sold prior to completion, a figure your Chairman could not remember at an exhibition when questioned, but in fact was totally untrue and confirmed as impossible by Bill Blevins of Blevins Frank in the S. Times.
I could then tell of ALL the people who contacted me re their experiences (all bad) with O.E., over 60 at the last count.
Basically we were lied to and if you think otherwise then take me to Court!
On the other hand ‘come out of your hiding place, reveal yourself here’ or you can pm me if you wish to discuss these issues. Capiche?
- You must be logged in to reply to this topic.