PROPERTY INDUSTRY AGENTS TAKING A KNOCK

The property industry is taking a bit of a knock worldwide and South Africa is no exception. Agents earning a commission only will be the hardest hit, unless they think out the box and proceed with online marketing of some thoughts.

Most of them might even have to declare bankruptcy. This could be a bad thing or a good thing whereby the good agents stay and the bad ones don't.

The question is will this month of lockdown affect the credit ratings of buyers. I surely hope not.
The other question is what is the Estate Agents Board doing to help agents in this lockdown period.
I would guess and say nothing as they don't respond to emails or answer there phone generally.


PLEASE LEAVE YOUR COMMENTS WOULD LOVE TO HEAR THE AGENTS AND THE BANKS THOUGHTS ON THIS.

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