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Business startup.


12borejimbo
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Why not have a radical change to the way the market operates?

 

Why can we not buy a house like we buy any other item?

 

My suggestion

The Estate agent buys the house from the seller,( the seller knows that like buying/selling a car for example the trader has to make a margin)

The Estate Agent allows the seller to live in the house at the market rate for renting that style of property, but advertisers it in the window like all other traders.

 

We the customer walk past an Estate Agent look in the window, choose a house we like, it has a price tag on it, we buy it end of story, no chains no guzzumping.

 

Radical I know, but worth a thought? :hmm: .

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Two words, "Stamp duty"

 

Two more "conveyancing costs"

 

Two more "capital funding"

 

Back on topic, to set up an estate agency in this current market sounds like a bad idea to me. That being said, if the area will take it and there is no local competition (i.e. all existing agents have terrible reputations) then maybe.

 

Final thought, be extra careful about who you go into business with and who will be your business partners.

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