This week has seen a sad indicment of the current property market and the changing face of estate agency as it progresses from the old fashioned, cumbersome business model of yesteryear to that of the internet age.
Goodfellows, with six estate agency branches in Scotland, have traded since 1948. But on Friday it closed all of its offices for the last time with the loss of 70 jobs.
A Directors’ statement blamed a downturn in the number of transactions and restrictive mortgage lending policies as rendering their business ‘unviable’ now.
Their website has been closed too. But here’s a suggestion from eMoov. Turn your website back on and get back out there selling property in Ayr, Irvine, Kilmarnock, Kilwinning, Saltcoats and Troon once again, but as ONLINE ESTATE AGENTS.
Overheads that are far lower than your former business will mean you can charge LOW FEES which will attract more clients as a consequence. Your reduced cost base will ensure that you are viable once again.
Move with the times and allow your customers to benefit too.