#EstateAgents are a classic intermediary #business (you'll recall in the early days of the #internet we were told 'dis-intermediation' was the future trend; it wasn't), so perhaps we shouldn't be surprised that many are expanding their work in the rental sector were #rents are high enough for them to extract their fees & charges.... no wonder rental charges are going up if they're supporting a whole class of intermediaries....

One of the best things to come from the fall in house prices will be the reduced profits of estate agents. These grifters have been living on easy street for decades with revenues growing on the back of soaring house prices and profitability rises from increased automation. What on earth do they do beyond look gormless? Good riddance to them one and all. Of course the filthy #Tories have done nothing to solve.
#economy #estateagents #ripoffbritain #gtto

@Tristananthony @dnnybrks Yes.
There were just enough clues in the background to figure out that you'd tilted the camera. Which is how I now know that you aren't an estate agent in real life. (-:

A _real_ estate agent would have used Photoshop to erase the skyline and other giveaway reference features.

And a real estate agent _who advertised on e-Bay_ would have just used the manufacturer's stock image of the shed when it was new. (-:

#EstateAgents #eBay

Its always a little difficult to figure out exactly what is going on in the #housing market in the short-term, but a lot of weight is put on the lead-indicator of #estateagents' data on pricing of properties put on the market...

However, this data is not all that it could be: over half of residences sold for less than their asking price in 2022, rising to around 70% of properties prices at over £500k, which tells us that Estate Agents' pricing is not the whole picture by any means!

When landlords were asked why they were putting up rents only 11% said it was increased interest rates, the main reason was advice from estate agents.

#rent #housing #lettings #estateagents # uknews

https://www.ft.com/content/24f3a6fe-3abd-4c8f-b33d-205609bf3091 (paywall)