Agent Chris Wood has continued to defy the Advertising Standard Authority’s ruling that he must take down claims that customers of Purplebricks and other agents have lost money.

The claims were made in a tweet last October and in a three-and-a-half year old blog on the PDQ Estates website.

The ASA ordered Wood to remove the claims in a ruling published on Wednesday.

But in a new blog on his site, Wood says that both the original blog and his tweet will remain published.

In the new blog, he calls the ASA’s ruling “bizarre”, claiming that it undermines many of its own previous decisions.

Wood, who produced evidence obtained from Zoopla to the ASA in an attempt to back up his claims, said the ruling “severely” undermined the reliability of ZPG’s data.

Additionally, he says, the ruling appears to suggest that any agents can claim a 100% list-to-sold ratio by using an infinite marketing period.

In other words, he says, “the property may sell at some time in the next few millennia, therefore it is inaccurate to class that customer as having lost money if it hasn’t sold within what many might deem a reasonable period of marketing”.

In his new blog, Wood says he has passed information and all data on to Cornwall Trading Standards.

Wood has made it clear in his new blog that local results for Cornwall may not reflect the national picture.

He is alleging that in a number of Truro postcodes, 41% of Purplebricks’ listed properties have sold.

A spokesperson for the ASA said: “Following a published ruling against PDQ Estates for misleading advertising we will assess whether the advertiser has brought its claims into line with the rules.

“We are passing this matter over to our compliance team who will consider next steps.”

https://blog.pdq-estates.co.uk/2018/07/11/response-to-todays-asa-ruling/

https://blog.pdq-estates.co.uk/2014/12/15/cheap-agents-could-cost-uk-consumers-half-a-billion-in-wasted-fees/