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Asda takes on estate agents

Independent estate agents are facing a big new competitor in the market - Asda.

The supermarket giant is undercutting traditional estate agents by charging just 1% commission to sellers, compared to the average of 2% fees.

The service is being trialled at ten supermarkets in the north east and, if successful, it'll go nationwide.

Asda spokesman Gev Lynott told ITN:

"If you're looking to sell a pad and not pay through the nose we reckon you'll think this service is long overdue."

 
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