Is it all over for high-charging, ad valorem obsessed estate agents? It’s a question we’ve been asking on and off for years.
So far, despite the rise of internet portals (Rightmove, Zoopla and PrimeLocation) and the efforts of a series of entrepreneurs, the answer has always been no. The 50-odd online agencies account for less than 5% of UK house sales.
Even Sarah Beeny’s Tepilo, which we had high hopes for, doesn’t appear to have really taken off. It has a clean website and low fees. But most of the locations I entered into it this week delivered a “sorry [...]
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