Who’s next to disappear from the high street?

According to KPMG, it is likely that the next casualty of the ever-lengthening high street closure list will be Estate Agents.

Huge retail companies have been wiped out in recent years and with the ever-slowing property market and increasing competition from online Estate Agents, seeing properties being advertised in shop windows may become a thing of the past.

Not only are the traditional high street Estate Agents having to cope with a stagnant property market and fierce competition online, but they are having to cope with new legislative challenges too.

It has been reported that Britain’s biggest estate agency, Countrywide, have had to seek emergency funding after losing two thirds of their share value in one day! On the contrary, online estate agents are slowly gaining market share according to KPMG’s forecast.

Brexit is also causing a direct issue in London with Foxtons estate agents reporting a slowing property market.

If you have your property on the market and have lost faith in your estate agent, please do not hesitate in asking OK Property to give you a free, no obligation valuation to see if selling your property to us is a better option for you.

Unlike transitional estate agents, we already have investors waiting to purchase property just like yours and it is in their best interests as well as ours to progress a sale as quickly as possible. A cash purchase will normally be completed within 2-3 weeks and the best bit, we do not charge any commission, legal fees or any sort of fee to you as the seller.

OK Property can purchase any type of property, from flats to semi-detached, bungalows to terrace houses in any condition, whether that be brand new or derelict.

So if you would like to sell your property hassle free and fear the worst when it comes to the property market, please give us a call and we will guide you through the process of selling your property quickly to OK Property.