Property News

If the lettings market is to be dominated by the mega-businesses, what does this mean for us hard working independents and our customers? - Property Reporter

"On the 24th of January, Adam Walker wrote a very interesting piece about the consolidation of the lettings industry where he forecasted “that within the next five to ten years the lettings market will be dominated by a small number of mega-businesses with independent agents becoming increasingly rare”.

If Adam turns out to be right, and I think that he might be, it begs the question of why big companies are opting to spend large sums on acquisition rather than relying on their lettings teams to win new business."

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