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Interesting to read in trade publication The Negotiator this week that Ian Wilson, MD of Martin & Co the UK wide lettings agents with 170 offices, has rolled out a ‘virtual franchise’ concept.

Ian states that ‘The days of the High Street (for property firms’ premises) are numbered….’.

Yes, we’ve been saying that for a while. And when the industry finally gives in to the inevitability of online estate agents taking over from the old fashioned, expensive High Street business model, the consumer is set to cash in by saving around £1.5 BILLION in unnecessary estate agents fees each and every year.

Ian, welcome to the 21st Century.