ZPG’s purchase of software company Expert Agent earlier this month has been called in by the Competition and Markets Authority (CMA) and is now under review, prompting shares in ZPG to drop this morning.The CMA has served an initial enforcement order to ZPG under section 72(2) of the Enterprise Act 2002.The announcement was made by ZPG this morning, saying that “having been informed of the review and the order ZPG is now engaging in a consultation with the CMA and will make a further announcement in due course”.The move has been widely anticipated within the industry after ZPG acquired Expert Agent – which trades under the name Websky Ltd – from private equity firm Metropolis. It in turn bought the company off founder Mike Griffiths in 2004.The ZPG acquisition of Expert Agent gave it a substantial slice of the UK agent software market, as it had already bought Property Software Group in April 2016.PSG at the time of acquisition by ZPG claimed to be used by over 40,000 estate agent letting agent branches across the UK, while Expert Agent is used by over 2,500 branches.The CMA has been in the warpath within the property industry of recent, fining four estate agents in Burnham on Sea a total of £370,000 over an illegal price-fixing cartel in the seaside town, and is now offering £100,000 rewards to agents who report similar anti-competitive in their areas.PSG CMA Competition and Markets Authority Expert Agent Zoopla March 31, 2017Nigel 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 2021 Home » News » Agencies & People » ZPG purchase of Expert Agent to be reviewed by competition watchdog previous nextAgencies & PeopleZPG purchase of Expert Agent to be reviewed by competition watchdogShares in the group drop after announcement first thing this morning.Nigel Lewis31st March 201702,568 Views
Many parents are busy
now, so they love to spend more time with their children on weekends, children’s Park is the parents often take their children to the place. Children’s playground is also open to make money. But many people do not know how to operate a children’s paradise in business skills, it is easy to detour. The following small series for you to share the management of children’s paradise road.
salesperson should be light steps closer to the customer, the proposal does not stand in front of the customer, the best position is the customer side, this will not only reduce the face to face may cause pressure, also easy to talk to customers, because customers than to speak face face to face up to you to speak more effort, and respect customer.
if is a comprehensive shopping mall, a salesperson should be ready to receive the customer, when a customer walking in the park for children to process as much as possible to take measures you caused the attention of customers exhibition. This may lead to a customer interest in your exhibition area, in fact, is a small ad.
of course, my method is dead, if you want to open the children’s Park, also need to be flexible use of these methods, to develop business strategies according to their actual situation. The above is about the way I opened the children’s paradise chain stores, generally speaking, in the daily business process, to grasp the operation of these methods can effectively improve store turnover.