Will ROPA increase Estate Agency fees? - Ep. 2248

Will ROPA Increase Estate Agency Fees? A Must Listen Discussion with Russell Quirk. In this episode, Russell Quirk, one of the most well known (and controversial) voices in the UK property sector, discusses the potential impact of ROPA on estate agency fees. Russell explores how the introduction of licensing and raising industry standards could lead to better services, higher fees, and improved accountability for agents. He argues that, just like in any other industry, if you offer a higher quality service, you can charge more, and this could be the catalyst for a much needed overhaul in the UK property market. But it’s not just about passing exams; it’s about ensuring proper training, better compliance, and enforcing real accountability that could elevate the entire profession. With outdated legislation and lower fees compared to other countries, Russell explains how licensing could be the change that leads to better outcomes for both estate agents and clients. Listen now to hear Russell’s perspective on why licensing could not only improve standards but also help agents charge the fees they truly deserve.