It won’t be long now until the public get a glimpse the UK estate agency world when a new six part series called ‘Under Offer: Estate Agents on the Job’ airs its first episode on BBC 2, Wednesday 9th of April at 8pm. One for the diary…
The series will document the ‘highs and lows’ experienced in the daily lives of agents that broker the biggest deals from a £39 million townhouse to the smallest deals, a house with an auction starting price of just £1. With the current property market creeping higher and higher in value, the fortunes of estate agents across the UK are put in the spotlight.
It is with great interest that the team here at LettingaProperty.com will be watching to understand how the good old economic virtue of the Principal – Agent problem will become ever so apparent when watching estate agents at work. The difficulties in motivating one party to act in the best interest of another rather than his or her own will, I am sure, be tested to the last penny.
To prepare yourself for such entertainment, it may be of interest to read experiences home owners and landlords across the UK are having with this industry by visiting the website ReviewCentre.com
Reviews suggest that home owners and landlords, in particular, are becoming profoundly aware that getting control back from the agent is getting easier and more cost effective each year. Using resources like an online letting agent is revolutionising this market space as it becomes easier to transact. Using the knowledge and expertise of an agent sitting hundreds of miles away from your property for a ¼ of the price is, nowadays, not uncommon.
Lettingaproperty.com would welcome the idea of a series based on the daily working lives of an Online Letting agent to show just how this revolution is unfolding so BBC landlords please take note!
Image courtesy BBC.co.uk