Commercial People and Residential People boss calls for competition

Both Commercial People and Residential People are insisting that there is room for more competition in the industry.

The twin companies launched this year across the UK, UAE and South Africa, and are set to launch shortly in India, Nigeria and China, with ambitions to roll out across the globe.

They are free to list for both commercial and residential agents, and both say that this could help bring portal costs down generally.

London-based director Christopher May said:

“The hard work has just begun but we are overjoyed with the positive response we are getting from agents so far.”

May said that the international proposition is key, making it stand out from other portals.

“For example, Rightmove has approximately 635 properties in South Africa and we have over 25,000.”

May said:

“After constantly reading about the increasing costs of running a real estate agency and having been an agent myself, I fully appreciate the burden of the rising costs of running a successful real estate agency."

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