Gentlemen brokers will take over when storm abates
Whenever turbulence abates and property prices start picking up from the rock bottom they appear to have fallen to, a new breed of professional real estates agents will take over. Today's real estate agents are a distraught lot; business has fallen by 50% to 60% though builders and investors are taking the brunt of the crash.
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Real estate agents struggle in vain as buyers beat a retreat
Property is an asset. To many, it is a blind investment since its value never depreciates. But with real estate prices in major cities reversing the past trends, many are facing the pinch. The hardest hit in this lacklustre buying and selling have been the real estate agents.
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