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Thread: Estate agents in trouble

  1. #1
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    Estate agents in trouble

    I saw this

    https://www.bbc.co.uk/news/business-44681564

    And felt no sympathy whatsoever, my view is that the more established estate agents are parasites stealing a living.

    I'm not entirely sure what they do and have never, ever felt they justify the ridiculous fees they charge for their 'service'.

    The amount they charge to simply continue a rental agreement is obscene.

    The last one I used when I sold a house, JustMove, so not a well known name or brand, charged me 995 to take pictures, list and organise the viewings and got me the price I wanted. I just don't know how other firms charge multiple Ks for their 'work'.

    Whenever I've been shown round a property it's like listening to a commentary by Andy Townsend, telling me what I'm looking at with my own eyes


    Sorry if you are an estate agent and feel free to change my view if I've been unfair

  2. #2
    My house has gone up for sale this morning with an online estate agents. There's no way on this earth I was going to pay a high street estate agent up to three times as much for doing as near as damn it the same job.

  3. #3
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    Unfair....not really
    Being a cock.... probably

    You can find things to complain about any profession, literally any, don't get me started on doctors receptionists

    How can you complain about what you pay when you admit you don't know what they do ???

    Nobody is forcing you to take the more expensive options are they ?
    Why they will qualify: Nuno Espirito Santo is actually a tactical genius.

  4. #4
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    Rent, business rates, staffing costs, utilities, printing, etc. all cost money. Although I agree that the fee you pay to an estate agent is extremely high, I guess if it wasn't then they wouldn't survive very long. How many fees a week will they be getting? not a lot would be my guess.

    Like with most of the retail sector, the World is changing and the high street estate agent will soon be a thing of the past.

  5. #5
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    I reckon Paul works in an estate agency on a Saturday...

  6. #6
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    To be fair, the High street will be a thing of the past in the very near future

    ps. the sister in law used to own one

    pps. an estate agent, not a high street !
    Why they will qualify: Nuno Espirito Santo is actually a tactical genius.

  7. #7
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    Quote Originally Posted by AndyWolves View Post
    I saw this

    https://www.bbc.co.uk/news/business-44681564

    And felt no sympathy whatsoever, my view is that the more established estate agents are parasites stealing a living.

    I'm not entirely sure what they do and have never, ever felt they justify the ridiculous fees they charge for their 'service'.

    The amount they charge to simply continue a rental agreement is obscene.

    The last one I used when I sold a house, JustMove, so not a well known name or brand, charged me 995 to take pictures, list and organise the viewings and got me the price I wanted. I just don't know how other firms charge multiple Ks for their 'work'.

    Whenever I've been shown round a property it's like listening to a commentary by Andy Townsend, telling me what I'm looking at with my own eyes


    Sorry if you are an estate agent and feel free to change my view if I've been unfair
    I think its one of the few occupations that you can take on without having to pass any exams to qualify you. Any joker can do it.
    In the age of information, ignorance is a choice.

  8. #8
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    Quote Originally Posted by Paul View Post
    Unfair....not really
    Being a cock.... probably

    You can find things to complain about any profession, literally any, don't get me started on doctors receptionists

    How can you complain about what you pay when you admit you don't know what they do ???

    Nobody is forcing you to take the more expensive options are they ?
    Nope, nobody is forcing me and I'm glad attitudes are changing. But it certainly used to be the case that you "had" to have an estate agent.

    I had a few established brands come around to talk about listing my house, they pretty much based their entire pitch on putting pictures on the web but they couldn't tell me what other sites apart from RightMove or Zoopla they used or whether they used web analytics to work out which type / demographic of people were looking at houses like mine and then targeting those people. What, to me, seem like basic things for a practice whose primary method of advertising properties is web based.

    As I said, if I'm being unfair and there are things / service they do that I'm obviously not aware of please tell me, I'd hate to be ignorant in my opinion

  9. #9
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    Can you hire more than one estate agent at any one time, so that they all get to try and sell your property, with no sell no fee meaning you only pay the seller?
    In the age of information, ignorance is a choice.

  10. #10
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    Quote Originally Posted by Lord Knows View Post
    Can you hire more than one estate agent at any one time, so that they all get to try and sell your property, with no sell no fee meaning you only pay the seller?
    Yes.

    https://hoa.org.uk/advice/guides-for...-should-i-use/

  11. #11
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    Not sure why, but we as consumers seem to only credit effort, rather than skill.
    Example, my mate is a locksmith. When he started, he'd arrive at the house of someone locked out. He'd struggle (nerves, lack of experience) and sometimes cause some minor damage to the door, before getting said customer in. Said customer is then grateful, ignores the mess/damage, and pays the bill without complaint.
    Fast forward several years. Mate is now highly qualified, and experienced. Turns up at same house, within seconds, manages to gain access to the property. Customers perceive a lack of effort and are unhappy with paying the same bill.
    My mate now arrives at a property and pretends to struggle for a short time, before getting in.
    Mates gripe - people don't appear to like paying for years of skills, training and experience that facilitates efficiency.
    On matchdays, I reckon it'll be a long time before my name is darlowolf...

  12. #12
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    Quote Originally Posted by lemonjelly