15,000 Estate Agents to lose their jobs
According to the Centre for Economics and Business Research the current economic downturn will result in 15,000 estate agents losing their jobs over the next two years. While this may not be good news for those individuals, I believe this is great news for consumers as estate agents are now both unnecessary and costly as far as I am concerned.
Yes they may have been useful in the pre-web era by aggregating information on which houses were available to buy for potential homebuyers and further adding value by explaining the process to both parties but their position as intermediary was costly for both the buyer and seller.
