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  <title>The Property Maverick Show</title>

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  <copyright>© 2026 The Property Maverick Show</copyright>
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  <itunes:author>Silas</itunes:author>
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  <description><![CDATA[<p>The podcast for British property professionals and home movers who refuse to accept the status quo.&nbsp;</p><p><br></p><p>Hosted by Silas J. Lees, founder of WiggyWam and the Maverick Movement — we challenge the old ways, champion higher standards, and work with the best of the best to get Britain moving.</p>]]></description>
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    <itunes:title>The Property Maverick Show — Agent Edition: Why Estate Agents Who Overvalue Are Killing Their Own Reputation</itunes:title>
    <title>The Property Maverick Show — Agent Edition: Why Estate Agents Who Overvalue Are Killing Their Own Reputation</title>
    <itunes:summary><![CDATA[Overvaluation isn't a sales tactic — it's a slow-motion fraud that's quietly bankrupting the profession. When an agent inflates an asking price to win an instruction, they're not doing the client a favour; they're setting in motion a predictable sequence of stagnation, price reductions, and eroded trust that statistically ends with the property selling for less than a realistic figure would have achieved from the start.   The numbers are damning: price reductions were up 66% in 2023, two-thir...]]></itunes:summary>
    <description><![CDATA[<p>Overvaluation isn&apos;t a sales tactic — it&apos;s a slow-motion fraud that&apos;s quietly bankrupting the profession. When an agent inflates an asking price to win an instruction, they&apos;re not doing the client a favour; they&apos;re setting in motion a predictable sequence of stagnation, price reductions, and eroded trust that statistically ends with the property selling for less than a realistic figure would have achieved from the start. <br/><br/>The numbers are damning: price reductions were up 66% in 2023, two-thirds of properties that sell have their asking price cut by 5% or more, and 400,000 sales fall through every year — representing £1.42 billion in lost commission the estate agency profession will never recover. <br/><br/>If you&apos;re an agent still winning instructions by telling sellers what they want to hear, this episode is a direct challenge to that model. Silas breaks down exactly why the Commoditisation Cage — competing on fantasy valuations and cut-price fees rather than genuine professional competence — is destroying reputations, driving clients to fire their agents mid-sale, and contributing to a 32% rise in agency failures even during the busiest market. <br/><br/>The way out isn&apos;t a better pitch. It&apos;s better standards.<br/><br/><b>Key Takeaways </b>- Nearly half of all sellers change agents during the process — overvaluation doesn&apos;t just cost you a sale, it costs you your local reputation- Agencies selling only 50% of their listings are paying marketing costs on properties that will never generate a fee, a model that compounds fatally when those listings are also overpriced.<br/><br/>Competing on the highest valuation and the lowest fee is a race to the bottom; the agents who survive long-term compete on competence and honest counsel<br/><br/><b>Ready to raise your standard?</b> Join the Property Mavericks community at: https://wiggywam.co.uk</p>]]></description>
    <content:encoded><![CDATA[<p>Overvaluation isn&apos;t a sales tactic — it&apos;s a slow-motion fraud that&apos;s quietly bankrupting the profession. When an agent inflates an asking price to win an instruction, they&apos;re not doing the client a favour; they&apos;re setting in motion a predictable sequence of stagnation, price reductions, and eroded trust that statistically ends with the property selling for less than a realistic figure would have achieved from the start. <br/><br/>The numbers are damning: price reductions were up 66% in 2023, two-thirds of properties that sell have their asking price cut by 5% or more, and 400,000 sales fall through every year — representing £1.42 billion in lost commission the estate agency profession will never recover. <br/><br/>If you&apos;re an agent still winning instructions by telling sellers what they want to hear, this episode is a direct challenge to that model. Silas breaks down exactly why the Commoditisation Cage — competing on fantasy valuations and cut-price fees rather than genuine professional competence — is destroying reputations, driving clients to fire their agents mid-sale, and contributing to a 32% rise in agency failures even during the busiest market. <br/><br/>The way out isn&apos;t a better pitch. It&apos;s better standards.<br/><br/><b>Key Takeaways </b>- Nearly half of all sellers change agents during the process — overvaluation doesn&apos;t just cost you a sale, it costs you your local reputation- Agencies selling only 50% of their listings are paying marketing costs on properties that will never generate a fee, a model that compounds fatally when those listings are also overpriced.<br/><br/>Competing on the highest valuation and the lowest fee is a race to the bottom; the agents who survive long-term compete on competence and honest counsel<br/><br/><b>Ready to raise your standard?</b> Join the Property Mavericks community at: https://wiggywam.co.uk</p>]]></content:encoded>
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    <pubDate>Mon, 16 Mar 2026 14:00:00 -0400</pubDate>
    <itunes:duration>328</itunes:duration>
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