Private Home Sales Do Not Worry Estate Agents 22 06 2007 - News Archive

Private Home Sales Do Not Worry Estate Agents

The National Association of Estate Agents (NAEA) has acknowledged a slight rise in the number of home owners who are choosing to privately sell their UK property.

However they feel it is currently at a level that isn’t threatening the existence of estate agents. Peter Bolton King, chief executive of the NAEA has stated that they don’t see the private sale of property being a major threat. He continues that there will always be a strong demand for professional agents who can guide home owners through the complicated processes of buying or selling a home.

According to the NAEA, only 6% of around 1.2 million annual home sales are done privately.
 
:: Added on: 22:06:2007 ::

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