Cameron Carter - a Local Property Expert (LPE) in the Southampton area for a year before spending 20 months with Purplebricks as a training manager - claims the agency is now an unhappy workplace where some potential earnings have been exaggerated. He adds there is also “fear” among staff about the firm’s future direction under the current management.
In a video interview with Properganda PR - given exclusively to Estate Agent Today - Carter lifts the lid on morale, management, pay, complaints and those infamous online reviews.
He admits he personally “did very well” in terms of income “but not a lot of others did, unfortunately.”
He says recruitment advertisements for LPEs spoke of On Target Earnings up to £80,000 but he claims “outside of London those figures are exaggerated” and that an LPE outside the capital would achieve "£30,000 to £40,000 absolute maximum.” With each LPE being self-employed, they then had to fund their own admin and run a car with those earnings.
In the interview - conducted by Russell Quirk, the former Chief Executive of Emoov and now Co-Founder of Properganda - Carter breaks down the pay for LPEs. He says that outside London each listing would produce £200 for the territory owner - that's the person who is the next level up in the hierarchy from an LPE, and who will have several LPEs beneath them.
Of that £200 per listing, £150 would go to the LPE.
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