Estate Agency Closures

lynzpower

And another

Bushells of Streatham Hill closed down and office up for rent .

baby_boomer

BBC - Jeremy Leaf, North London Estate Agent, assesses the effects of the credit crunch on video

Jeremy Leaf has not closed yet but...

More lettings and fewer sales.
Key difference = mortgage finance has dried up
SPEED of the decline very noticeable.

It's worth listening for the bit where he starts spotting the "green shoots" . They can't help themselves, can they?

dopester

baby_boomer wrote: »

It's worth listening for the bit where he starts spotting the "green shoots" . They can't help themselves, can they?

All I see is a huge ancient overgrown forest full of tall trees, poor soil, dead wood littering the surface, and a fire raging in the distance.

The forest needs to burn down so as to feed the soil with new nutrients, so the green shoots can quickly take hold for a new generation to take over. The fire blowing in all directions and is going to engulf the entire forest.

Guy_Montag

Local branch of Reed Rains has closed & is now up for sale.

lynzpower

come on Guy, WHERE

Woby_Tide

pretty much every 'branch' agency in Tuckton, Bournemouth has now gone back to their original 'head' offices, only the ones based there remain

Alybea

My first post around here
Northampton:
https://www.horts.co.uk this lot had a few offices - has gone down to two and all the agents are now self employed!
http://www.theagents.co.uk/ only using internet now, closed their shop.
https://www.oriordanbond.co.uk these have closed at least three offices(the ones i drive past occasionally) and are deniying there is a problem.

There are also at least two mortgage advisors closed around too.

lynzpower

Few more from my travels

Family Homes Brighton around North laines- closed and empty and selling thier habitat desk ( poster in window if anyones interested!!)

Your move Norwich also shut down, one of many EAs on the block, next to strutt & parker/ savills

Can we have this pinned LOL I have to keep hunting?

Incidentally Ludlow thompson Oval hasnt closed, its just been refurbed with the new Lemon company colours!

carolt

Lots of local ones closing.

Most interested that the 2 local EA's in our (small) village (really would barely merit one) - both awful people to deal with, have ceased advertising at all in the local paper.

Assume times are hard.

Shan't weep if both go bust - both classic examples of lousy, unprofessional EA's when the market was strong; I'd certainly be happy to deal with pleasant, professional EA's from further away who treated buyers as well as sellers with respect.

carolt

http://news.bbc.co.uk/1/hi/business/7576610.stm

Halifax to close 53 estate agents


The Halifax has said it is to close 53 of its estate agency branches in a move that will lead to the loss of 100 jobs.

The firm said the closures followed the "significant decline" in the number of house sales over the past year.

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