Traditional estate agents must embrace PropTech to survive
First-time buyers are struggling to get on the property ladder, house prices relative to incomes have rocketed (particularly in London and the South-East ), and the Brexit vote has caused additional uncertainty in the sector. With transactions in November 7.3% lower than they were a year ago, and the share prices of many leading estate agents falling, the uncomfortable truth is that it’s getting more and more difficult to be an estate agent.