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“At a time when a steady hand is needed on the tiller, this latest development is quite frankly ridiculous and will do nothing but sow further seeds of confusion in a market that is already on its knees due to uncertainty. 

Estate agents are the cogs that keep the market moving and to persist in tieing their hands while expecting other aspects of the market to operate around them is preposterous.

You can’t run a car without fuel and while online agents may provide a get around, they can only be viewed as the property industries equivalent of green diesel. A cheap alternative that does not provide the comprehensive service that home buyers and sellers need in current market conditions.

We know there is a great deal of pent up demand in the market and agents have done a great job of continuing to service clients by pivoting operationally during lockdown. To open the floodgates while their doors remain shut will not dent market sentiment, but it will prevent this sentiment from converting into transactions and this will have a knock-on effect to house prices.”