
Is this the most ethical Estate Agency? - Ep. 2483
Feb 26, 2026
David Powell, CEO of Andrews, leads a charitable estate agency focused on purpose-driven property work. He discusses how values shape ethical practice. They cover prioritising customer needs over short-term profit, the risks of overvaluing, how charity ownership funds impact, and finding partners who share social purpose.
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Customer First Is The Core Of Ethical Agency
- Ethical estate agency means putting the customer's needs before commercial gain.
- David Powell argues that doing the right thing sometimes conflicts with profit and that's the core test of ethics.
Overvaluing Can Cross Into Unethical Territory
- Overvaluing properties can be unethical when agents significantly inflate prices beyond reasonable guesses.
- Powell says valuations can be wrong but deliberately inflating to please vendors harms everyone and the agent too.
Andrews Is Charitably Owned And Redirects Profits
- Andrews is owned by a charitable trust so group profits fund charitable work rather than private windfalls.
- Powell says that ownership gives a USP but must be communicated better so vendors and public understand the difference.
