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UK: Angry buyers finding their voice

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  • UK: Angry buyers finding their voice

    The Ombudsman for Estate Agents has reported a "surprising" workload dealing with complaints despite the property market slump.

    While activity dropped by as much as 60% in 2008, Christopher Hamer said sales disputes dropped by just 3%.

    The Ombudsman, who aims to resolve disputes between agents and consumers, expects the majority of his work in 2009 to shift to the rental market.

    One trade body is warning of an influx of unqualified agents to lettings.

    The Association of Residential Letting Agents (Arla) said many estate agents were expanding their businesses to cover lettings in a bid to survive the housing market downturn.

    Read more...

    Also watch "Jim Rogers Britain is Bankrupt" - click here to watch video...

    Cheers

    Marc
    Free business resources - www.BusinessBlogsHub.com
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