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  • Government encourage private sales via websites

    Posted By: Stephanie On: 29 Jul 2011

    The Government looks set to encourage the growth of private ‘for sale by owner’ websites, in order to encourage competition in the market.

    It will look at the definition of ‘estate agency work’ in relation to online property businesses.

    The announcement is part of the Government response to last year’s OFT market study report on Home Buying and Selling, which wanted to see more new business models enter the estate agency market, including ‘for sale by owner’ websites.

    Read more: www.estateagenttoday.co.uk

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