12 Oct

The need for estate agents "has never been greater"

The need for estate agents "has never been greater"

Many home movers could be looking to acquire the assistance of an estate agent soon, as one property commentator has claimed that the need for professional property advice has never been greater.

Peter Cosmetatos, operating director of Reita, the education and awareness campaign for property investment, highlighted the fact that more than 30 new property funds have entered the market in recent months.

"With very little stock to meet rapidly rising demand, investors must take very careful advice before jumping into anything," he added.

His comments follow the publication of the organisation's Property Investment Perspective report, which revealed that more than one in every two housing experts claims to have seen a substantial increase in investor confidence.

It also reported that more than 95 per cent of survey participants believe that market conditions have improved in the last three months.

Reita was voted Innovation of the year in Property Week's Property Awards 2007.

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