‘European Super League’ announcement sends shockwaves through global soccer

first_img Beau Lund April 20, 2021 /Sports News – National ‘European Super League’ announcement sends shockwaves through global soccer FacebookTwitterLinkedInEmailmatimix/iStock(LONDON) — The backlash to the announcement on Sunday that 12 of soccer’s biggest teams would be forming their own breakaway “European Super League” has been nothing short of seismic. Pundits, fans, former players and even governments have been near united in their opposition to a proposal that has the potential to revolutionize the world’s most played and watched sport.The clubs involved in the new project — three from Italy, three from Spain and six from England — have been heavily criticized. Each of the teams involved are household names in the U.S. — with Real Madrid, Barcelona and Manchester United leading the charge. The other clubs to have signed up to the competition are Arsenal, Tottenham, Liverpool, Manchester City, Chelsea, Atletico Madrid, Inter, Milan and Juventus.In major U.S. sports, franchises and legacy teams have a guaranteed place in elite competitions — as in the NFL, NBA, MLB, NHL and even the MLS. In soccer, participation at the very top of the sport has been dependent on results on the field.Over the decades, the biggest and richest clubs in the world have generally enjoyed the most success, but each team competes on the basis that if they perform poorly, they will be excluded from the elite competitions, and could face relegation to lower divisions below the top domestic leagues, such as the Premier League in the U.K.The same principle applies for smaller teams, too, who can dream of future successes as they advance up the soccer pyramid based on sporting merit alone. Similarly, supporting local teams has a massive cultural importance in Europe, with many often suspicious of outside investment, as teams — especially lower down the professional leagues — are expected to represent the values of their local communities.“I think it’s just ingrained in you,” Shaun Pearson, the club captain of lower-league Wrexham, which has been taken over by Hollywood stars Ryan Reynolds and Rob McElhenney, said in December when ABC News profiled the town and team. “Generally, when you come to the U.K., something that generally happens is where you are born, you support the team where you’re from. And especially when you go to working class towns.”With the European Super League, however, that could be set to change, with what commentators have dubbed the “Americanization” of soccer.Under the new proposal, 15 “Founding Clubs” from Spain, the U.K. and Italy will compete every year in a “franchise-style” competition with only five places to be allowed for teams to enter on merit each year. German and French teams have not signed with the original 12, but there are three spaces left for “Founding Clubs,” and in the proposed competition, five places will be awarded to other clubs dependent on their performances.That, according to critics, represents a “closed shop,” undermining the integrity of the sport itself and the idea that playing in elite competitions is dependent on merit, not reputation. The historic importance of major European competitions would be diminished, critics have warned.One lawmaker in the U.K. described the proposal as “the sporting equivalent of a billionaire’s gated community.”For those involved, the financial incentive at a time when the coronavirus pandemic has significantly impacted the sport’s finances is obvious. Each of the 12 teams — the self-described “Founding Clubs” — are expected to net a $240 to $360 million fee for signing up alone, according to reports. Initially, the funds to pay for the new competition will come from the American investment bank JP Morgan Chase, the Financial Times reported.Florentino Perez, the president of Spanish giants Real Madrid, defended the proposal on Tuesday, saying: “Whenever there is a change, there are always people who oppose it. We are doing this to save football at this critical moment.”The moneyed interests of mega-rich owners taking precedence over the interests of fans, however, is nothing new.Awkward kick-off times agreed with broadcasters that make it difficult for fans to watch their teams around the country, ever-rising ticket prices and eye-watering amounts of money spent on players and their wages fueled by billion-dollar TV deals have eroded the trust between supporters and the clubs they support.FIFA, the global soccer governing body, has come out in opposition to the “European Super League,” but has had its own corruption scandals, and was heavily criticized for naming Qatar as the hosts of the next World Cup in 2024, upending the soccer calendar and prompting a wave of criticism from human rights organizations.Furthermore, the richest clubs in recent years have dominated the top leagues and it has become increasingly difficult for smaller, less cash-rich teams to compete.But the “European Super League” proposal is seen as an existential threat to the sport itself, with governing bodies already threatening to move to exclude the teams involved from their domestic leagues and current European competitions.French clubs have not yet signed up to the project, but French President Emmanuel Macron and U.K. Prime Minister Boris Johnson have already indicated they will fight the project, with the British government indicating they could legislate to stop the move.“Plans for a European Super League would be very damaging for football and we support football authorities in taking action,” Johnson said in a statement. “They would strike at the heart of the domestic game, and will concern fans across the country.”Aleksander Ceferin, the president of UEFA, European soccer’s governing body, slammed the proposal in a fiery press conference after the announcement, describing the new league as a “spit in the face” for soccer lovers and suggested that players in participating teams could be banned from the World Cup.“We are all united against this nonsense of a project,” he said. “Our game has become the greatest sport in the world based on open competition, integrity and sporting merit. And we cannot allow and we will not allow that to change.”UEFA would “do everything in our power to ensure this never ends up in fruition,” he added.For the time being, however, there are no indications the teams involved will go back on the proposed plans. As the controversy around the project continues to unfold daily, what the sport will look like in the coming years is now more uncertain than ever.Copyright © 2021, ABC Audio. All rights reserved.center_img Written bylast_img read more

Cielo confirms MOU for Lethbridge Refinery

first_img Image: Cielo confirms MOU for Lethbridge Refinery. Photo: Courtesy of Markus Naujoks/Pixabay Cielo Waste Solutions Corp. is pleased to announce that it has received the balance of the $250,000 joint venture fee (JV Fee) from Renewable U Lethbridge (Renewable U LA) pursuant to a Memorandum of Understanding between Cielo and Renewable U LA (the MOU) as announced on July 30, 2019.Renewable U LA advanced $100,000 to Cielo upon the signing of the MOU and has now delivered the balance of the fee to secure the territory of Lethbridge, AB and the area encompassing a 100-km radius around Lethbridge. Cielo and Renewable U LA will proceed with the negotiation of a joint venture agreement with terms that are substantially the same as those previously announced for the four joint- venture refineries in Alberta.The MOU for Lethbridge marks Cielo’s fifth renewable diesel JV refinery that are intended to each be engineered to convert approximately three tonnes of garbage per hour, including plastics, into high-grade renewable fuels, using Cielo’s proprietary technology. Renewable U Energy Inc. and its affiliated companies, including Renewable U LA, will be financing Cielo JV refineries to be built in Lethbridge, Grande Prairie, Medicine Hat and Brooks. The original refinery is now being commissioned in Aldersyde, just outside of Calgary.Lionel Robins, CEO of Renewable U LA, commented “We are pleased with the favorable response we are receiving from key stakeholders in Alberta. This further demonstrates to us that we are not the only ones that believe in the unique and proprietary technology that Cielo is commercializing. Not only do we feel positive about having advanced $1 Million in JV Fees to Cielo and the way things are progressing at Cielo’s Aldersyde refinery, but we are also proud and honored to be contributing to Cielo achieving their goal to have Canada be recognized as a world-leader in solving the planet’s garbage crisis through green renewable fuel technologies.”An operational update will soon follow.Executive Change:Cielo would also like to announce that Michael Yeung, VP of Capital Markets and Business Development, will be leaving Cielo to pursue other opportunities. “We were very fortunate to have had Michael on the team,” said Don Allan, President and CEO of Cielo. “We wish him good fortune in his new ventures and thank him for his time with us.” Source: Company Press Release Cielo and Renewable U LA will proceed with the negotiation of a joint venture agreement with terms that are substantially the same as those previously announced for the four joint- venture refineries in Albertalast_img read more

Santos to be net-zero emissions by 2040

first_img Santos to be net-zero emissions by 2040. (Credit: Santos Ltd) Santos has today announced ambitious new emissions reduction targets that include:2030: Reduce Scope 1 and 2 absolute emissions by 26-30 per cent on 2020 baseline2030: Actively work with customers to reduce their Scope 1 and 2 emissions by >1mtCO2e per year by 20302040: Scope 1 and 2 absolute emissions net-zero.Santos Managing Director and Chief Executive Officer Kevin Gallagher said the company is already on track to exceed its existing 2025 emission targets and achieve net-zero emissions by 2050.“Our focus over the last three years on step change technologies such as carbon capture and storage has enabled a pathway that allows us to go further faster when it comes to emissions reduction,” Mr Gallagher said.“The world still relies on hydrocarbon fuels for 80 per cent of its primary energy, the same as 45 years ago, so to achieve global emissions reduction goals it is vital that companies like Santos focus on making these fuels cleaner and eventually zero emissions.“Through large-scale carbon capture and storage, world-leading nature-based offsets, increased use of renewables and energy efficiency projects, Santos will continue to be a leading clean fuels company at the forefront of the energy transition to a lower-carbon future.“Importantly, we are articulating a roadmap to get there.“Our targets and roadmap are consistent with our disciplined, low cost operating model and our corporate strategy to build and grow around our five core natural gas assets across Australia, Papua New Guinea and Timor Leste.“Carbon-neutral LNG cargoes are already in demand in Asia and customer countries such as China, Japan and Korea are aspiring to net-zero emissions around the middle of the century.“This will require increased use of natural gas to replace coal as well as new clean fuels such as hydrogen, already being used to reduce emissions from coal-fired power generation in Asia.“Our existing LNG customer base in Asia will be the hydrogen customers of the future, and as technology evolves and they transition to new clean fuels, Santos will transition with them.“In addition to reducing our own Scope 1 and 2 emissions, Santos will work with our customers to reduce their Scope 1 and 2 emissions by more than one million tonnes per year by 2030 through switching to cleaner fuels.“In our own operations Santos has installed more than 5.5 megawatts of solar electricity and 4 megawatt hours of battery storage but the real game-changer to reduce our emissions is the Moomba CCS Project,” Mr Gallagher said.“The Moomba CCS Project will safely and permanently store 1.7 million tonnes of carbon dioxide each year.  That’s the equivalent of taking about 700,000 cars off the road.“The project will be the second-largest and one of the lowest-cost projects in the world at our current estimate of around A$30 per tonne.”Santos also has interests in two nature-based carbon abatement projects that are registered with the Australian Clean Energy Regulator under the Emissions Reduction Fund, including a world-leading savanna-burning project in West Arnhem Land in the Northern Territory that employs Indigenous Rangers and is based on traditional Indigenous fire practices combined with modern science.“The West Arnhem Land Fire Abatement project involves early dry season burning which has been used for centuries to help prevent bigger, hotter and uncontrolled fires later in the season and Santos is very excited about the potential to expand our interests in nature-based carbon abatement projects, generating additional carbon credits and also improving social, economic and environmental outcomes for Indigenous communities,” Mr Gallagher said.Along with accelerated deployment of renewables, zero-emissions technologies for hydrocarbon fuels and for industries such as power generation, cement and steel, may well provide the fastest, lowest-cost pathway to meet the world’s emissions reduction targets.The acceleration of CCS technology at Moomba, combined with access to natural gas and solar resources, is also the fastest and most realistic path to a future hydrogen economy, at a price customers will be willing to pay.With huge potential for both CCS and nature-based carbon offsets, combined with a strong carbon reporting and accounting framework, and a robust Clean Energy Regulator, Australia and Santos are uniquely placed to offer reliable, zero-emissions energy products to Asian and domestic markets. Source: Company Press Release 2030: Reduce Scope 1 and 2 absolute emissions by 26-30% on 2020 baselinelast_img read more

BP to restart share buybacks in 2021 after strong first-quarter performance

first_imgBP hits net debt target early, allowing resumption of share buybacksBP hinted earlier this month that a strong quarter had helped it reach its $35bn debt-reduction target much earlier than planned, a threshold it said would allow it to resume the share buyback programme.It confirmed today (27 April) that divestments totalling $4.7bn during the period drove net debt down to $33.3bn, compared to $51bn a year ago and $38.9bn at the end of 2020.The company is targeting $25bn from asset disposals by 2025 as it seeks to streamline its operations as part of a broader shift to becoming a more agile business focused on lower-carbon energy.“With the acceleration of divestment proceeds, together with strong business performance and the recovery in the price environment, we generated strong cash flow and delivered on our net debt target around a year early,” said BP chief executive Bernard Looney.“We are commencing share buybacks in the second quarter which, alongside our resilient dividend, support the growth in distributions to shareholders.”Shares in the company jumped 3.5% in early trading, and have since settled to an increase of around 1%. Since the start of 2021, BP’s share price has grown by around 18% having almost halved over the course of 2020 amid huge market disruption caused by the pandemic.BP will restart the share buyback scheme with a $500m payout in the second quarter, saying it intends to “offset the expected full-year dilution from the vesting of awards under employee share schemes through buybacks”.It also reaffirmed its commitment to using 60% of surplus cash flow for future buybacks, subject to maintaining a strong credit rating, with the remaining 40% allocated to strengthening the balance sheet.Surplus cash flow is expected throughout the second half of the year, subject to an oil price above $45 per barrel and Henry Hub gas prices of at least $3 per million British thermal units.It is welcome news for the London-based energy firm which, along with its peers in the market, endured a torrid 2020 as global lockdowns and travel restrictions took a huge chunk out of oil demand and sent commodity prices tumbling to historic lows.BP has also struggled to convince investors of the merits of its long-term shift to cleaner energy, with plans to gradually wind down its oil production and invest more heavily in renewable sources and electrification services like EV charging.Looney added: “This quarter demonstrates what we mean by performing while transforming. We’ve delivered disciplined strategic progress right across BP – including building a high-quality offshore wind business, making great strides in our electrification agenda and setting ourselves up for further growth in the Gulf of Mexico.” BP is seeking to bolster investor confidence after a loss-making 2020 and a strategic shift to cleaner energy (Credit: Jonathan-Weiss/Shutterstock) Shares in BP enjoyed a boost this morning after the company reported better than expected first-quarter results and confirmed plans to restart share buybacks later this year.The UK energy major said “an exceptional gas marketing and trading performance, significantly higher oil prices and higher refining margins” had driven a three-fold increase in earnings compared to a year earlier.Its underlying replacement cost profit – the preferred earnings metric – totalled $2.6bn for the three-month period, up from $791m a year ago and $115m in the previous quarter.Reported profit for the first quarter of 2021 was $4.7bn, compared to a $4.4bn loss taken in the first three months of 2020. The UK oil major has met its $35bn debt reduction target a year earlier than expected, allowing it to resume share buybacks in a boost to its investor proposition amid a low-carbon shiftlast_img read more

War on landlords

first_imgThe UK Government’s ‘War on Landlords’ has caused buy-tolet sales to collapse, down by 64 per cent in twelve months.The number of buy-to-let transactions across England and Wales has fallen by 8.2 per cent on the month and is down 63.7 per cent on the year and the number of landlords registering to buy properties is down 59.2 per cent annually.Paul Smith (pictured), CEO of haart, calls for the Government to end the ‘War on Landlords’, saying, “The scale of decline in buy-to-let in 12 months is deeply worrying – landlords have clearly pulled out of the market and are unlikely to return any time soon. This is entirely the result of government policy, with Theresa May now picking up George Osborne’s baton and bashing landlords with renewed vigour. The end of tax relief on mortgages, the three per cent stamp duty surcharge, strict new lending with a buy-to-let market crippled by tax hikes and unnecessary regulation.“The Government is putting landlords on the block for a property market that isn’t working. Rather than chasing investors out of the market, a better solution would be to channel their cash into house building and increasing the supply of rental properties. The Government is casting landlords as the pantomime villains of the market, but we need a serious approach and recognition of the contribution that landlords make.”investment news UK Government buy-to-let Paul Smith “war on landlords” February 14, 2017The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » War on landlords previous nextRegulation & LawWar on landlordsThe Negotiator14th February 20170563 Viewslast_img read more

Leading short lets firm in Brighton closes it doors owing ‘tens of thousands’

first_imgHome » News » Leading short lets firm in Brighton closes it doors owing ‘tens of thousands’ previous nextLeading short lets firm in Brighton closes it doors owing ‘tens of thousands’Kemptown-based Brighton Holiday Homes has ceased trading leaving landlords and dozens of holiday makers substantially out of pocket.Nigel Lewis30th May 201901,669 Views Brighton Holiday Homes, a leading short-term lets company in Brighton, has closed without warning owing tens of thousands of pounds to holiday makers including dozens of stag and hen parties, and landlords.The company appears to be the victim of a substantial downturn in holiday makers visiting the seaside city and booking short-term let accommodation; Brighton Holiday Homes is the third to close its doors this month.Based at a substantial and modern-looking office (pictured), it has emailed all its clients who have paid to book properties to say that their rentals have been cancelled and advising them to claim the money back through their credit card provider. The company’s website remains online featuring properties to rent in Brighton.Several of these customers have contacted the BBC to complain that they had paid significant sums to book accommodation for holidays last week but had not been warned that the company was about to cease trading.HeartbrokenOne woman, Jennie Nash, says she is ‘heartbroken’ after plans to celebrate her combined 30th birthday and engagement in Brighton were dashed after the company took money from her last week for a booking.No details of an administrator have been provided, and a sign has appeared on its high street branch saying: “It is with great regret that due to the challenging economic conditions Brighton Holiday Homes has ceased trading with immediate effect.”The company has not missed any of its Companies House filing deadlines and has been trading since 2008 after being set up by director Neil Stonehill at an office in the popular Kemptown area of the city. Staff left the office for the last time two days ago, neighbouring businesses have reported.Brighton holiday homes May 30, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

Brexit effect? Auction House reveals busiest month ever

first_img One of the UK’s leading auction houses has reported a record number of sales at its latest auctions and suggested Brexit is one of the key drivers as more private sellers seek certainty and speed during the run up to October 31st.The 25 auctions, which took place last month across England, Scotland and Wales, included 531 lots sold by the company out of 688 offered, the highest number ever during the 12-year history of Auction House.The company has now sold 2,796 lots so far this year worth £320 million at an average success rate of 77% of total lots offered.Roger Lake (left), a founding director of Auction House, says he has detected greater urgency among vendors bringing properties to auction, as well as a greater number of private instructions.“Selling through estate agents is a lengthy, uncertain process – the alternative is the speedy, certain method of auction,” he says.“Certainly sellers in most parts of the country are anxious to sell sooner rather than later, and auction delivers faster results.But he also predicts that unless Brexit is sorted out soon, stock may begin to dry up.“Whilst buyers remain eager, some sellers may decide to sit on their hands until the political situation in the country becomes clearer.“Without doubt, we are in challenging times and can’t expect auctions to be completely exempt from the impact of Brexit. Price remains the key driver, and our mantra of ‘guide low to achieve high’ is particularly true in the current climate.” Roger Lake property auctions Auction House October 8, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Auctions news » Brexit effect? Auction House reveals busiest month ever previous nextAuctions newsBrexit effect? Auction House reveals busiest month everCompany says a greater number of private sellers coming to its auctions during the run up to October 31st has created a surge in lots offered and sold.Nigel Lewis8th October 20190279 Viewslast_img read more

Vendors still dream of selling their home, despite the dead market

first_imgHome » News » Housing Market » Vendors still dream of selling their home, despite the dead market previous nextHousing MarketVendors still dream of selling their home, despite the dead marketExclusive research for The Negotiator reveals that online searches for advice and information about selling a property remains high despite the pandemic.Nigel Lewis31st March 20202 Comments3,389 Views The property market may be almost lifeless as the public heed government advice not to move house but interest in selling homes is anything but dead, exclusive research for The Negotiator has revealed.Online marketing agency Electric Design says there has been a huge spike in searches online among people wanting to sell their home.The company, which specialises in online marketing for estate agents, says Google searches for ‘sell my home’ and other phrases are at their highest this year despite the Coronavirus lockdown deadening the property market.Electric Designs says the same is true, albeit in lower numbers, for online searches for information about organising house valuations and property viewings and investing in buy to let.“Right now, sellers are wondering about how to sell their property during lockdown,” says Steve Lubbock (left), Head of Digital at Electric Design. “Even if your answer is a list of considerations, there’s still an opportunity to provide an informative update that concerned consumers will appreciate.“The situation is ever changing. But when the market recovers sellers and buyers who found up to date information on specific estate agent websites are highly likely to refer to these companies first and foremost.“While physical viewings aren’t possible during lockdown, people have free time indoors on their hands and are open to taking virtual tours of properties on estate agents’ websites to help pass the time.“Estate agents who, therefore, remain active with online information during this uncertainty are the ones who will be ready for when the market picks up again.”Read more about the Coronavirus and property.Electric Design Steve Lubbock Coping with coronavirus property market March 31, 2020Nigel Lewis2 commentsChris Orr, 3Men² 3Men² 31st March 2020 at 9:16 amYes indeed, open up the current stock on the market to virtual tours and viewings, if I were a vendor I would be happy to create videos on my phone to put on the website, or to host live Facebook tours etc. to increase the chances of getting a buyer in this lockdown. I still want/need to sell, and people still want/need to move.The agent could win favour from existing clients, being on it, doing something etc.We included the ability to have video content in property listings a long time ago, and all of a sudden it’s getting used. But it’s coming via agency software (to manage the content), and will subsequently feed to portals also, so I dont really see a shift to agents websites, the applicant behaviour, with no allegiance to an agent, will not change. Unless the agents choose to remove their reliance on the portals – there’s never been a better opportunity – a mass exodus now would do it. And yes then, the market can get used to navigating individual sites instead of collective ones, how good would that be for everybody involved (except Rightmove).Log in to ReplyAndrew Stanton, CEO Proptech-PR Real Estate Influencer & Journalist CEO Proptech-PR Real Estate Influencer & Journalist 31st March 2020 at 7:12 amI think the point that I would make is that anyone looking to buy or sell, during normal or the present abnormal times, will be constantly looking at their mobile 73-times a day and be on social media at least 3-hours.Which means that if agents want to be relevant, especially now, they need to have a website with a landing page that engages, about 80% do not. Have a bot on their website so they can ‘talk’ to a possible consumer, the agent needs to be regularly posting great content continuously across social media to answer the questions that consumers want answering. Mostly, they need to put themselves in the mindset of people wanting to do property business.From stamp duty, to conveyancing, you name it well written content gets readers, interested readers become interested customers. What I tell all my clients to do is test drive your website, test drive your competitors, search out your digital imprint – if you google your agency / brand do you exist? If not, how will a potential client ever find you?Search engine optimisation – costly and ever ongoing, but if no-one finds you in the digital outer-space how will you survive? Now is a great time to look at your business model, are you on Facebook, Twitter, LinkedIn, Instagram etc? If not, ask yourself why if you use social media to communicate in your private life, it is missing from the front-line of your business.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

Rightmove upgrades app to include walk-through virtual viewings

first_imgRightmove has quietly fast tracked an upgrade to its Apple smartphone app that enables agents to offer full immersive virtual viewings, as demand soars among agents and consumer for this kind of technology.The portal has told us that it is in the process of rolling out an update to its mobile apps to introduce virtual rours and to add further functionality for video, to help agents who use videos and tours in their marketing.“Previously, videos were only available as embedded YouTube or Vimeo videos on our mobile apps,” it says.“Any externally hosted videos or Virtual Tours, provided by an agent’s software supplier or hosted on their own website for example, would have been available on the desktop and tablet version of our website. Over the coming days these will also be available to view on Rightmove mobile apps.”“These changes will be rolled out in stages and will require people to update their app if they update apps manually. The iOS app version is 6.5.1 and is available now and the Android app version will be 3.14 and will be rolling out next week.”The virtual tours are currently offered next to listings as ‘video tours‘ (pictured) but the portal has promised suppliers this will be changed soon to ‘virtual tours’.One agent, Naomi J Ryan in Exeter, has told The Negotiator that they had been discussing upgrades to their account before the crisis with their Rightmove rep, but said would only commit until virtual tours were given the green light on its app.The agency, which is a one-branch sales and lettings agency with over 70 properties for sale on Rightmove, were then told upgrading the app had been put at the head of the portal’s development queue.Fully immersiveThe firm’s senior valuer Michael Jones says that his company’s fully immersive virtual tours are now available on the app, which up to 70% of Rightmove’s online traffic funnels through.“We’ve been jumping and down to Rightmove about adding property virtual tours since we began doing them three years ago, but I’m happy to say they’ve listened, no doubt as more and more agents have sought to offer buyers this kind of service during the Coronavirus crisis,” he says.Naomi J Ryan’s video tours, which are available for three quarters of its sales listings, are supplied by the EyeSpy360 platform whose founder Andrew Nichols (below) says he has been swamped by sales enquiries from agents over the past two weeks as the lockdown has descended and face-to-face viewings have become impossible to complete safely.“EyeSpy360 is working with property portals all over the world and they’re all going in the same  direction as Rightmove with virtual viewings,” says Nicholls.“What had been promised as a feature in 12-18 months is now being delivered in a matter of weeks.”Download the app.Rightmove Andrew Nicholls EyeSpy360 virtual viewings April 3, 2020Nigel LewisOne commentAndrew Stanton, CEO Proptech-PR Real Estate Influencer & Journalist CEO Proptech-PR Real Estate Influencer & Journalist 3rd April 2020 at 1:50 pmThe pace of Proptech has quickened, and the commercial advantages of key tech are now being grasped.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » COVID-19 support » Rightmove upgrades app to include walk-through virtual viewings previous nextProducts & ServicesRightmove upgrades app to include walk-through virtual viewingsPortal says the upgraded app went live on the Apple Store several days ago and will go live next week for Android users.Nigel Lewis3rd April 20201 Comment3,456 Viewslast_img read more

Property sales deals are still being done, claims leading agent

first_imgHome » News » Housing Market » Property sales deals are still being done, claims leading agent previous nextHousing MarketProperty sales deals are still being done, claims leading agentSimon Wilkinson, leading Bedfordshire agent and Propertymark board member, says it’s not all gloom and doom yet for sales agencies.Nigel Lewis17th April 202001,093 Views One of the property sales industry’s leading figures who is also a Propertymark board member has said ‘deals are still being done’ despite the ongoing Coronavirus lockdown, and that desktop valuations continue to be achieved and offers made.The comments, by Simon Wilkinson, are a clear attempt to counter the doom and gloom that many industry commentators and data firms have reported in recent weeks as the pandemic has continued.Wilkinson, who runs three-branch Bedfordshire property sales and lettings agency the Wilkinson Partnership, says there has been a huge acceleration in ‘subject to contract’ sales getting pushed forward to rapid exchange and completion.“So the cashflow situation for my agency has been incredibly positive and my most recent virtual sales meeting with my staff saw one offer tied up yesterday and another offer coming in which we should tie up soon,” he said.Wilkinson says that although it is definitely not business as usual, home sales are continuing.“We’re hearing this as well from the Propertymark membership and likewise a lot of desktop valuations are being completed too,” says Wilkinson.“But I would add a note of cauction to valuers, namely are you doing a valuation or a market appraisal – I would suggest it’s the latter – and that they must ensure a potential client understands that they’re giving an appraisal based on data that was collected in January.“You have to say to the client – that is what is was worth then but what it might be worth in a few weeks’ time, who knows?Wilkinson reminds agents that lenders have stopped approving mortgages largely because they cannot get an accurate value of a property’s value against which to value.Read more about the Coronavirus pandemic.Watch the interviewsimon wilkinson Wilkinson Partnership Milton Keynes propertymark Bedfordshire April 17, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more