Sunday Telegraph says tough times ahead for high-street agents

All the signs point to tough times ahead for high street estate agents, as online firms undercut them on cost and deliver “the flexibility customers want”.

The claims were made in yesterday’s Sunday Telegraph which said that online agents’ share of listings on Rightmove are now 7.1%, up from 2.4% in 2015.

The article also says that the average traditional agency fee  is £4,300 and the average online agency cost is £633.

Read the full story at Property Industry Eye.

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