{"id":92913,"date":"2018-07-01T22:52:09","date_gmt":"2018-07-01T15:52:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/7000-estate-agents-at-risk-of-going-to-the-wall-says-study\/"},"modified":"2018-07-01T23:03:55","modified_gmt":"2018-07-01T16:03:55","slug":"7000-estate-agents-at-risk-of-going-to-the-wall-says-study","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/7000-estate-agents-at-risk-of-going-to-the-wall-says-study\/","title":{"rendered":"7,000 estate agents at risk of going to the wall, says study"},"content":{"rendered":"


\nHigh street operators face \u2018triple whammy\u2019 of internet competition, falling prices and fee cutsMore than 150 estate agency firms went insolvent last year and as many as 7,000 are at risk as high street operators face the triple whammy of online competition, a sagging property market and cuts to letting fees.A study by accountants Moore Stephens found that 153 estate agency firms went insolvent in the year to May 2018, a small increase on the 148 the year before. Continue reading…
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\nSource : theguardian.com
\nRead more…7,000 estate agents at risk of going to the wall, says study<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

High street operators face \u2018triple whammy\u2019 of internet competition, falling prices and fee cutsMore than...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-92913","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-oaB","jetpack-related-posts":[{"id":92963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-7000-uk-property-agents-risk-going-bust-says-study\/","url_meta":{"origin":92913,"position":0},"title":"More than 7,000 UK property agents risk going bust, says study","date":"July 2, 2018","format":false,"excerpt":"\r More than 150 estate agency firms went insolvent last year and as many as 7,000 are at risk as high street operators face the triple whammy of online competition, a sagging property market and cuts to letting fees. A study by accountants Moore Stephens found that 153 estate agency\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-five-high-street-estate-agents-risk-going-bust-study-claims\/","url_meta":{"origin":92913,"position":1},"title":"One in five high-street estate agents risk going bust, study claims","date":"July 31, 2017","format":false,"excerpt":"\r Up to 5,000 traditional agents are struggling to survive amid growing threat from low-cost, fixed-fee online firms and larger rivals, say accountantsOne in five UK estate agents are at risk of going out of business amid a growth in online companies, new research shows.Almost 5,000 estate agents are showing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-cut-out-lawyers-role-in-mortgage-transfers-in-pilot-plan-to-protect-buyers-from-insolvent-legal-firms\/","url_meta":{"origin":92913,"position":2},"title":"Hong Kong to cut out lawyers\u2019 role in mortgage transfers in pilot plan to protect buyers from insolvent legal firms","date":"July 20, 2022","format":false,"excerpt":"\r As many as 25 law firms became insolvent over the past 10 years, trapping more than HK$530 million of funds by 1,500 homebuyers in escrow, requiring them two years on average to get their money back, according to a Legislative Council document and court papers.\r \r Source : South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-property-sales-agencies-report-their-worst-financial-results-in-years-amid-triple-whammy-industry-slump\/","url_meta":{"origin":92913,"position":3},"title":"Hong Kong\u2019s property sales agencies report their worst financial results in years amid triple whammy industry slump","date":"March 27, 2020","format":false,"excerpt":"\r Hong Kong\u2019s property agencies are reporting their worst financial results in years, as the coronavirus pandemic added to the woes of an industry that was already slumping from many months of anti-government protests and an unrelenting US-China trade war.Midland Holdings, the city\u2019s largest publicly listed network of sales agents,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140424,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubled-chinese-shadow-bank-zhongzhi-warns-it-is-severely-insolvent-after-asset-shortfall-failed-bailouts\/","url_meta":{"origin":92913,"position":4},"title":"Troubled Chinese shadow bank Zhongzhi warns it is \u2018severely insolvent\u2019 after asset shortfall, failed bailouts","date":"November 23, 2023","format":false,"excerpt":"\r Zhongzhi Enterprise Group, one of mainland China\u2019s largest shadow banks, has warned investors of an asset shortfall, setting off alarm bells in the trust sector which invests a large portion of investors\u2019 money in real estate projects.\r \r Source : South China Morning Post\r Read more...Troubled Chinese shadow bank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-agencies-merge-tap-into-tech-as-real-estate-market-goes-increasingly-online\/","url_meta":{"origin":92913,"position":5},"title":"Property agencies merge, tap into tech as real estate market goes increasingly online","date":"October 10, 2017","format":false,"excerpt":"\r Lower commissions, developers being less dependent on agents, and digital disruption are posing threats to Singapore agencies, says industry veteran. The property agency industry has been abuzz with recent mergers and how technology is disrupting the way agents do business. It started in June when PropNex Realty announced a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92913"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=92913"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92913\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}