U.K. estate agent rep says gloomy reports “don’t stack up”
View PDF | Print View
by: Admin
Total views: 74
National Association of Estate Agents chief executive Peter Bolton King stands ready to counter the “doom and gloom” and “scaremongering” in the U.K. housing market. He scoffs at recent reports that dozens of estate agents a week are closing their doors “Nobody has been able to deliver to me any real statistical evidence to prove one way or another as to whether these figures are anything like accurate,” said Bolton King, who runs an organization that represents about 10,000 property agents. “I’m not saying they’re wrong, but they don’t stack up from our side. But he acknowledges the business is hurting–last week Humberts, the national estate agency, was forced into administration protection–with some doom and gloom analysts forecasting a 50 percent drop in transactions. In a recent phone interview, Bolton King discussed the state of industry, as well as reports that the U.K. market may be entering a period of decline |
Rating: Not yet rated
Login to vote