I’ve been quiet for the last nine months, but now I’m going to be making up for lost time.
yours2share underwent a major update in August 2011, but from the start there were some major issues, particularly with the way the website performed on Google. No-one was at fault; even with hindsight I don’t know what I would have done differently.
Since February, I’ve been contemplating whether to continue running yours2share or not. As will be pretty evident to anyone who has been following yours2share for a few years, I strongly believe in enabling private syndicates and rental sharing.
Unfortunately the most obvious way to make a profit doing this is to be part of the sale of the asst and take commission. However I have three issues with this. Firstly it is is a logistical nightmare: the owners can be in several countries and the asset in yet another. Secondly, it’s not something I’m interested in doing!
But the third issue is the most important, I believe that a critical part of the decision to go ahead with a private syndicate is the partners’ personal evaluation of the other members of the syndicate. Negotiating the contract is the perfect way to do this. If you can do this, then you can probably overcome any issues that might arise throughout the life of the syndicate. If I do this for other people, I’m concerned that people will not spend sufficient time getting to know their partners, but just rely on me. I don’t think this is a good idea.
As well as running your2share, I am also an online marketing consultant and I build websites based on WordPress for other people. Until recently, the one thing WordPress couldn’t do well was run classified ads, but this has now changed. I realised a few months ago that I could use WordPress as the basis for yours2share and this is what you will now see.
So the new yours2share is stripped down, just the ads and the guidance. And it works better than any other classified system that I’ve ever tested.
I’ve had a steady stream of people contacting me over the year asking me about yours2share, telling me that they’ve sold shares and generally giving me their support. I really appreciate this.
I also really appreciate the fact that so many people using yours2share have arrived via word of mouth; this has been particularly striking as I’ve been up to my elbows in user data over the last few days. Please keep telling people about us. I’m particularly keen to see more properties from Spain, Greece and Portugal on here. I know they are hard to sell at the moment, and people might like to consider the option of selling a half share, or a couple of one third shares.
Let me know what you think of the new website and if you find something that doesn’t work, please tell me. I hope you enjoy it.