Fledgling independent agent mutual body, The Charter for Independent Estate and Letting Agents (CIELA) reports that it is unlikely to launch on October 1st as planned.
The announcement comes after just five per cent of agents who pre-registered with the organisation signed up to pay its pre-launch £35 a month membership fee.
CIELA, which revealed its plans for a new mutual body for independent agents in January this year, says it has not yet attracted enough paying members to launch.
“We have received very strong vocal support, thousands of agents visiting our website and much encouragement, but this is not translating into membership sign-ups,” says CIELA founder Charles Wright.
“Less than five per cent of the hundreds of agents who preregistered with us declaring their support, have proceeded to join.”
“Everyone agrees the independent industry needs a collective voice to improve its national reputation, but hardly anyone seems willing to risk even £35 a month to support it.
“The wait-and-see problem will cause CIELA to die before launch, unless it’s overcome.
“Everyone is waiting for everyone else to join first. Or, there simply isn’t the demand for such an organisation that we were led to believe.”
This is despite initial enthusiasm for a body just for independent agent, and an impressive array of key independent agent members including Perry Power, Simon Gresswell of Finley Brewer, Luke Gidney of Let Leeds, Nick Goldsworthy of Logic Estates and Vivienne Harris of Heathgate Properties (pictured).
CIELA has roadshows during June, July and September.