Sole agency v multi-agency an investigation of agency practice across England and Wales
Language: English Series: Journal of Property Investment and Finance ; 27(4) 2009, 228-241(14)Publication details: 2009Subject(s): Summary: How does different agency practice impact on agency fees, business efficiency and housing market liquidity in England and Wales? Survey data from 2000 to 2006 confirms that agency practice has a locality basis with some regions more likely to adopt sole agency practice than others: sole agency estate agents charge lower fees, help clients to achieve better selling prices and are more efficient. Multi-agency practice facilitates liquidity in the housing market but experiences a higher fall-through rate. Map. Tables. References.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L148562 (Browse shelf(Opens below)) | 1 | Available | 148562-1001 |
How does different agency practice impact on agency fees, business efficiency and housing market liquidity in England and Wales? Survey data from 2000 to 2006 confirms that agency practice has a locality basis with some regions more likely to adopt sole agency practice than others: sole agency estate agents charge lower fees, help clients to achieve better selling prices and are more efficient. Multi-agency practice facilitates liquidity in the housing market but experiences a higher fall-through rate. Map. Tables. References.