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Lift his shadow

By: Contributor(s): Language: English Series: Property Week ; 71(18) 5 May 2006, 50-51(2)Publication details: 2006Subject(s): Summary: Property Week have launched a campaign to clean up residential estate agencies who have put a stain on the industry. They are urging the property industry to write to the DTI minister to tell him to allow only approved agents to operate. In the past, the government felt that self-regulation or a free-market approach was the answer. However, there is strong feeling now that if the property industry leads the charge for regulation, ministers will oblige. This article presents the views of top residential agents who yearn for a reform. It also examines how the rest of the world outlaws cowboy firms.

Property Week have launched a campaign to clean up residential estate agencies who have put a stain on the industry. They are urging the property industry to write to the DTI minister to tell him to allow only approved agents to operate. In the past, the government felt that self-regulation or a free-market approach was the answer. However, there is strong feeling now that if the property industry leads the charge for regulation, ministers will oblige. This article presents the views of top residential agents who yearn for a reform. It also examines how the rest of the world outlaws cowboy firms.