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Estate Agent Conundrum...

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Maybe there's a perfectly simple answer, but here's something that's been puzzling me for a while now...

 

In the aftermath of 2008 the EA's in my area were decimated... of the 6 on my local high street 2 closed altogether and the other 4 ran on a skeleton staff of usually just one staff member, this continued for probably 2 years post 2008.

 

Fast forward to 2015/16 and the stock levels and transaction volumes in my area are actually LOWER than they were post 2008... and yet the EA's appear to be thriving, there are now 8 different ones on my high street, all fully staffed with 4 or 5 Matalan suits in each one.

 

Is it simply that they're making all their money from lettings because I can't see how they're making anything at all from sales commissions?

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:wub: Parasites have a new host.

Edited by DarkHorseWaits-NoMore

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