Research and Markets has announced the addition of ‘Estate Agents and Services Market Assessment 2007’ to their offering.
There are 4 main circuits of UK estate agents selling residential property: international agents for prestige properties; mass-market national agents; regional agents; and independents with local to regional coverage. Scotland has few estate agents, because solicitors sell most property in the country. The leading mass-market estate agencies in the UK are Countrywide; Connells; LSL Property Services, with YOUR MOVE and Reeds Rains; Halifax Property Services; and the independent Spicerhaart. The leading international agents are Savills, Knight Frank and Dubai-owned Hamptons International. In 2005, the total estate agency sector, including all real-estate activities on a fee or contract basis, covering national, international, commercial and domestic subsectors, recorded a total turnover of Â£12.07bn. The 5 largest residential estate agency firms, by number of offices, had a combined turnover of around Â£1.05bn.
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