Estate Agents Demise?

East Dulwich has many estate agents. With the fees and percentages they charge they don’t need to sell many houses to survive and even thrive.

Along with stamp duty estate agents percentages – often 1.25-2% become a significant expense from local property sales.

a new business model of “Pay-per-view” has been launched. Instead sellers pay £118.80 for taking photos, drawing floor plans and listing the property on major property websites – which is how most people look for properties now. They then charge £42 per viewing up to a maximum of £420.

This is really cheap compared to the fees residents in East Dulwich are paying.

Will it take off? Would you use them?

Currently non estate use is around 5%.

If it does take-off Lordship Lane would see around 20 shop units become free….

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