Cedar House, Caen St, Braunton EX33 1AH

Broker linked to Purplebricks says traditional agents are in trouble

  • 4 years ago
  • 1

Peel Hunt, the City investment broker that has worked closely with Purplebricks, has issued an investment note to clients with a pessimistic outlook for traditional agents.

“Weak transaction volumes, ongoing fee pressure, and the threat of losing a chunk of income from lettings fees continue to weigh heavily on the traditional…
Source: Estate Agent News

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