The following is a guest post from Ezekiel Ayonrinde. Ezekiel is based in London, but many of his thoughts here are universal. If you are interested in guest posting at Club Thrifty, please see our guest posting guidelines.
You may have heard the “fact” that when you’re in London you are never more than 10 feet away from a rat. Did you also know that you’re no more than 20 feet away from an estate agent? For some people who see rats and agents as the same thing, there may be no difference in these two statistics. The UK has around 9,500 estate agencies, and in urban areas, walking down the high street you notice that a significant percentage of the “shops” are actually estate agencies. It feels as though the high street won’t let you find the corner shop until you’ve bought at least one house from these people.
Are they all untrustworthy devils just out to take our money? Or are they helpful, professional intermediaries who just want to ensure “the right house for the right person”? Here we look at what motivates estate agents: [Read more...]