The Independent reports on a potential £77 million bonus due to fall to Savills estate agents. Following an old but indisputable piece of advice attributed to William Burroughs ("avoid fuck-ups"), Savills have profited from attaching themselves to commercial property and the very top end of the residential market, where prices have continued to rise. Last year, 2,000 Savills agents shared a £70 million bonus (I can sense you reaching for your calculators... I've already done it: I
it's an extra £35,000 each). Blimey.
South London estate agency wrists slapped... [September 6]
These are estate agents [August 10]