Estate Agent's Annus Horribilis

"1992 is not a year on which I shall look back with undiluted pleasure. In the words of one of my more sympathetic correspondents, it has turned out to be an Annus Horribilis."

The above is of course the quote from the Queen's speech of 24 November 1992 (chapter and verse see Royal.gov )

I thought it fitting to publish on the anniversary and ask whether this was the estate agent’s Annus Horribilis? No great fire at Windsor, but many have lost jobs, practices have closed, houses haven’t been selling, banks are not lending and let’s face it, the industry has changed forever.

I have spoken of revolution many times before and if you consider for a moment what emerged from the ashes of Windsor, one will always see that from carnage springs hope, new thought, new directions. All sound familiar? 1992 wasn’t exactly the best of times for agents either and some will recall that it was the beginning of the end of at least two years of tough times.

The question is whether now is the beginning of the end or whether it is simply just 'the beginning'.

Your loyal servant.