Il numero di agenti immobiliari del Regno Unito che falliscono aumenta del 32% a 286, in un anno, con transazioni complessive al livello più basso in più di un decennio
https://www.theguardian.com/money/2024/sep/30/number-of-uk-estate-agents-going-bust-rises-almost-a-third-in-one-year
di marketrent
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It’s like reading a headline that says “Murder hornets going extinct”
I’m sure they have a use… but I’m struggling to be unhappy about it.
Excerpts from [article](https://www.theguardian.com/money/2024/sep/30/number-of-uk-estate-agents-going-bust-rises-almost-a-third-in-one-year) by Gwyn Topham, with Rebecca Dacre/Forvis Mazars:
• According to figures from the Insolvency Service, 286 UK estate agency firms went out of business in the 12 months to 31 July, a 32% increase from the 216 in the previous year.
• The highest cost of borrowing for 15 years has hit lettings as well as sales, according to Forvis Mazars, an international tax and advisory firm, which said investors were finding better returns away from [highly-levered] buy to let.
• UK residential property transactions fell by 12% in the year to 30 June to 861,210, according to HMRC data – the lowest level in more than 10 years.
This is cyclical. The survivors will wait out this period of low buying/poor borrowing conditions, then when the next boom comes they’ll proliferate like it’s going to rain champagne for the next millenia.
No complaint in the meantime though!
Is it time to dust off my poorly fitting Debenhams suit, get a broccoli haircut, get my eyebrows threaded, a minor coke habit and get back into cut and thrust arena that is Estate Agency??
Time for the lads making 12% off doing fuck all to get a proper job.
Houses sell themselves tbh, you dont need someone selling them
I mean, loads are getting sold corporations and merged into bigger businesses.