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Estate Agents up to their old tricks

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    #21
    Originally posted by Ticktock View Post
    A slight problem with that... Any agency worth their salt will sign the vendor up to an exclusive agreement.
    You can't just say "OK, I won't buy through that agent then" - you have to say "OK, I won't buy that house then".

    There is no gap in the market to fill. What you propose is akin to opening a shop with absolutely no stock, but a big sign outside saying "Everything in this shop is free". If agencies are able to say to vendors "We'll give you a lower cost" as they recoup from the buyer, then why would the vendor go with someone else?
    So that just means that the vendors are choosing to use a sub-optimal (in your opinion) solution. What's the problem, other than you want to force them to sell you a house cheaper?

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