Property & Estate Agency Franchise Opportunities for Sale
Trends and Facts About Property & Estate Agency Franchises
The UK property market has proved itself resilient in recent years, with investors still apparently viewing ‘bricks-and-mortar’ purchases as a safe bet. Despite uncertainty regarding the potential economic outlook in the UK over the next few years, many expert forecasts maintain confidence in the property sector.
While high street estate agencies are still popular, a notable growth area is in online agencies, which often charge cheaper fees.
Stamp duty increases have affected property sales somewhat, but the good news is that the lettings market is stronger than ever. However, despite the marginal slowing of sales, property prices in the UK are still rising – meaning estate agencies can still broker a good deal. Rising house prices and lack of availability have led to a boom in lettings, and the rental market is forecasted to outstrip the sales market next year (source: The Guardian).
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