According to this, Tesco's Property Market has drawn more than a quarter of a million visitors in less than a week, and they've already managed to sign up a handful of private sellers. The vast majority of their listings, however, are for the chop. Keen to put things right with angry estate agents, Tesco spokesman Mark Davis commented thus:

I’ve spent a decade working in the property industry and I can understand why estate agents might view Tesco’s entry into the market with initial scepticism because competition can be tough. But it benefits consumers and makes businesses work harder for them.

Yep, that should do it.

Tesco - hung out to dry? [July 4, 2007]
Brightsale attacks Tesco [July 2, 2007]
Property portals don't freak out/do freak out over Tesco [July 2, 2007]
Tesco's piece of estate agency pie [June 29, 2007]

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