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Much
of my working life was spent abroad, in the employ of food
companies, initially in marketing and advertising and later
in general management, which lead to involvement in property.
I worked for a wine and spirits company in South Africa, a
frozen food company in Australia and with the Hong Kong Land
Company based in that former British colony prior to it being
handed back to Chinese rule.
A chain of 65 retail outlets were added to my responsibilities
and as a result I became more involved with property issues
which were at the core of the Hong Kong Land Company's business.
I was negotiating leases both as landlord, representing Hong
Kong Land, and as a tenant when trying to expand our retail
business. I little realised, at the time, how valuable the
experience of the cut-throat Hong Kong property market would
be to me later.
When I returned to the UK I offered my services as a consultant
and for several years made a reasonable living working largely
for the United States Government investigating export markets.
However, among my first consultancy clients was the developer
of the Bayswater block of flats in which I lived. He was not
happy with the way the managing agent was performing (or rather,
not performing) and asked me to become part- time Company
Secretary to keep an eye on things. There followed a frustrating
two years when I seemed to be more of a private detective
trying to find out what was going on. One day I had what in
marketing terms is known as a GOBO (Glimpse of the Blindingly
Obvious). If the agents could not improve, then it would be
less difficult if I was the managing agent! I already had
the office infrastructure. The other directors agreed and
we gave the original agents three months to improve their
performance; if they failed then they would be dismissed.
They did not improve and bowed out reasonably gracefully six
months later.
When Muriel Guest- Smith became Chairman of the FPRA and sought
to expand the membership of the Executive Committee I volunteered
as I felt I could usefully give a managing agent's perspective
while still being concerned that residents get good service.
Also, at the time, I lived only about 300 yards from the FPRA
office, then in Bayswater. Shortly after I joined the Committee,
they promptly moved the office to the other side of London!
My property management business has grown and we now manage
a portfolio of blocks and have expanded into rental properties.
I helped found the UK Association of Letting Agents. However,
my first love remains block management and it has been rewarding
to see blocks improve and experience the satisfaction of well
pleased leaseholders. We have also helped a number of blocks
thread their way through the maze of buying their own freeholds.
When I can, I like to sail competitively but now on other
people's yachts. The halcyon days of Hong Kong when I had
my own boat are long since gone!
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