“[High street agents aren’t] embracing technology, which for any business in today’s world is daft and dangerous”, he told World Finance. With more than $1.4bn invested into real estate startups, according to Crunchbase, high street estate agents, who have been slow to embrace technology, are in danger of becoming obsolete. The number of property agents has fallen by almost a third since the financial crisis and is now at its lowest level for 20 years, with fewer people working on deals compared with five years ago.
With more than $1.4bn invested into real estate startups, according to Crunchbase, high street estate agents, who have been slow to embrace technology, are in danger of becoming obsolete. The number of property agents has fallen by almost a third since the financial crisis and is now at its lowest level for 20 years, with fewer people working on deals compared with five years ago.