No Quick House Sale Promises But Estate Agents Aren’t All Bad, Say OFT

You may have to sit down before you read this next line, are you ready? OK…

Estate agents aren’t the reason behind stressful sales, the Office of Fair Trading (OFT) has given the industry a clean bill of health and, here’s the shocker, satisfaction levels are up.

Yep, you read right, they’re all on our side, well I’m not sure about that and a quick house sale isn’t somehting that industry has to offer right now but they aint so bad. the news comes as part of a report commissioned by the OFT that has also revealed the increasing influence of the internet on the way we buy and sell homes.

One outcome of the report is that the OFT wants to encourage online businesses that let buyers and sellers meet by freeing up regulations. At the moment, most housing market services online are provided by the traditional estate agents rather than aptly named ‘introducers’. If the OFT get their way, this will all change. More on this on Monday.

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