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Residential Real Estate Agents in the UK - Industry Market Research Report

Publisher IBISWorld
Published Oct 24, 2024
Length 73 Pages
SKU # IBSS19340967

Description

Residential Real Estate Agents in the UK - Industry Market Research Report


Residential Real Estate Agents in the UK

Companies in the Residential Estate Agents industry act as intermediaries when a residential property is bought, sold, rented or leased in the UK. Typically, estate agents earn income via fixed flat rates or commissions and transaction fees related to the selling price charged to interested parties. Estate agents also provide clients with value-added ancillary services through which they can earn sufficient income, including specialist advisory services, contract appraisals, property valuation and escrow services. Legal activities and financial services are not considered relevant to this industry. Over the five years through 2023-24, the residential real estate agents industry is expected to contract at a compound annual rate of 2.5% to £6.5 billion.

Residential real estate agents act as intermediaries when a residential property is bought, sold or rented. They receive a fee or contract basis. They also provide advice and appraisals for buying, selling and renting residential properties and accompanying escrow services. The industry includes online-only residential estate agents. Property-related legal services like conveyancing and surveying are not part of the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

73 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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