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lettings & estate agency appletons on 20 Sep 2007 07:00 pm

The future of estate agency

There have been a lot of changes happening in the property market, not least the recent financial worries, that are affecting the estate agents. New legislations, market developments and the advancements in the technology have changed the traditional role of the estate (or letting agent) and their working practices. As a result some estate agents have been struggling.

A string of legislative changes, such as the Home Information Packs and Tenancy Deposit Protection, have been introduced and have had a significant effect on the daily running of the estate agency business.
On the other side, the Internet is now the main driving force behind a lot of sectors and it is dominating everything like it never did before. The property portals and other online sales tools, such as 360-degree Virtual Tours for the estate agency have increased in popularity.

Added to all this, the toughening market conditions due to the financial concerns have had some estate agents concerned about the future.

In contrary to the speculation, at Appleton Estates, we feel that we are at the cutting-edge of the technology as well as our extensive local knowledge. Looking to the future, we feel our innovative and independent thinking will help us grow stronger.

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