Rat and Mouse
Tue
17
Aug
On the rise of the buying agent

An interesting piece in Bloomberg, about how UK buyers are evening up the score by employing their own representatives... the buying agents. According to Savills' Noel de Keyzer, buying agents have quadrupled over the last five years, led by the prime market, but not exclusive to it. Earning hefty commissions on top deals, many - apparently - are going solo, realising just a handful of deals a year are enough. The piece also points to the possible conflicts of interest arising when large estate agency chains run buying as well as selling agents. Read it here.

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