A key partner in Tesco's new online home-selling site has withdrawn just days after launch. The Independent
Fish4homes.co.uk said it was ending its agreement with Tesco Property Market after feedback from estate agent clients suggested it was 'not in their best interest'.
The Tesco site, which was launched on Saturday, offers a do-it-yourself home-selling service for a fee of £199. Estate agents typically charge up to 3% of the value of any property they sell.
The termination of the Fish4homes contract will mean that Tesco will lose out on tens of thousands of referrals from up to 7,500 estate agency branches around the UK.