Letting & Estate Agent Podcast

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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INSIGHT

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.
INSIGHT

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.
ANECDOTE

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.
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