UK Real Estate | Sloane International Developments

SloaneInternational Development

TheOFT report found “surprisingly little innovation” in relation to the traditional

model of selling property. The OFT noted, however, that this may reflect the

preferences many consumers express for personal, face-to-face contact with an

estate agent.As above, the dominant model was the traditional estate agent with a high street

presence retained by the seller and paid a fee on completion based on a percentage

of the achieved price. The OFT had expected to see estate agents looking to cut

costs by shifting more of their operations online. While some traditional estate

agents had set up virtual offices, it was not yet common practice at that time.

 Another striking feature of the market was the homogeneity of the service offering.

Most estate agents offered broadly the same package of services – valuation,

production and distribution of marketing material, accompanied viewings, and

negotiation – at broadly the same price, one to two per cent of the achieved sale

price.With the heterogeneity among sellers, the market study found it surprising that

there was not greater variety in terms of service offered or greater use of menus of

services with the buyer deciding which parts of a package to buy. Similarly, it was

surprising that a single form of contract flat percentage commission – dominated

the market. Sloane, a Real Estate company, is a global leader in property services. In the United Kingdom, we provide occupiers and investors around the world with industry leading, end-to-end property solutions. In addition, our award winning research and consulting services provide our clients with global and local market knowledge, forecasting and trend analysis to make the best long-term decisions for their continuous success far into the future.From our origins in 18th century England to a 21st century global operation, sloane has enjoyed a reputation for excellence providing leading-edge property insight and on-the-ground delivery to investors, developers, corporate and public sector occupiers and financial intermediaries.

The sloaneglobal team is united by a single focus – to deliver our clients exceptional service, rooted in a deep understanding of their needs and a commitment to theirlong-term success.

We serve our clients across the breadth of their real estate needs. We are always frank in our advice, taking a stand in our clients’ interests, and we are relentless in delivering value for our clients as we move from advice to action.