Estate agents are struggling and its still only October. This is traditionally the time when they are sitting back and enjoying the quiet time after a busy spring and summer.
Like a hibernating animal they have gorged themselves during the previous months on big fat commissions.
However this year is different and going into their hibernation period they are looking fairly gaunt already.
Estate agents will look to cut costs and one outcome of this will be that many of them will avoid paying out subscriptions to multiple search engines. The logic will dictate that they will continue with the largest and most popular site, Rightmove.co.uk , and cut back on the others, such as Prime Location.
For landlords and property investors, all properties under one site would be helpful and save the time involved in going from site to site.
Is this a rare time when a monopoly is beneficial to a customer?
Hawkeye
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