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Leading upfront information specialists Gazeal have secured an exclusive webinar with the National Trading Standards Estate and Letting Agency Team (NTSELAT), which will include a live Q&A with agents.
The webinar, taking place on Wednesday March 2 at 10am, comes on the back of the announcement earlier this week that Trading Standards and the government have jointly announced compulsory new data which must appear on all property listings.
It will feature guests from NTSELAT, Boomin (to represent the portal view) and Shaun Adams, CEO at Cooper Adams, to give the agent’s perspective.
By the end of May, all property listings must include a property’s council tax band or rate (for lettings and sales), as well as the property price and tenure information (for sales). Over the coming weeks, data fields for these particulars will start to appear on the portals.
In partnership with industry leaders and major property portals, the changes from NTSELAT represent the first phase of a project to set out what constitutes ‘material information’ for property listings. The new required information is the first of three phases, with a further two phases being developed which are set to incorporate further material information such as restrictive covenants, flood risk and other specific factors that may impact certain properties.
Benefits are set to include a reduction in unnecessary enquiries, swifter sales and fewer transaction fall-throughs.
Bryan Mansell, CEO of Gazeal, a long-time champion of greater levels of upfront information in the property sector, said of the webinar: “We are delighted to have the Trading Standards team on board for an exclusive webinar in which agents will be able to ask any burning questions they have about the major news announced this week.”
He added: “While the news has broadly been welcomed, and many agents already do lots of what has been requested, there will undoubtedly still be doubts, uncertainty and questions marks about what is being introduced and why. Having a webinar where agents can put their questions directly to Trading Standards is therefore invaluable.”
“As I said when the news broke, Gazeal have been providing transparent property information services for estate agents to use for the last two years, so we are, of course, delighted that various industry bodies are now coming together to bring long-overdue change to the provision of key information, which is vital to help home movers make informed, educated decisions about property," Mansell continued.
“At the same time, we understand that not every agent will be as up to speed with upfront information and we want to give those agents a helping hand so the industry moves forward together in a positive, collaborative manner. Hence why we are running this all-important webinar.”
Mansell said he sincerely hopes the webinar will fill in the gaps for agents and put agents minds at ease in light of the significant changes announced by NTSELAT earlier this week.
You can register for the webinar, which has limited spaces, by clicking here.