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Financial Struggle of the High Street Estate Agent!

Hundreds of estate agents have gone out of business in the UK in the last year and 7,000 are showing signs of financial distress as they face fewer sales and online competition, a new study has found. Overall some 27% of traditional High Street estate agents are struggling to survive and one of the main reasons is a long term decline in property sales although the also face competition from more cost effective online businesses.

 

Source: Property Wire

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