Estate agency Carter Moon is to shut next week.
The business, which is based on Victoria Street in Douglas, is closing with managing director Phil Carter semi-retiring.
A statement said: 'It is with a heavy heart that Carter Moon will be closing its doors from next week.
'It has not been an easy decision but Phil has now decided to take a step back into semi-retirement.
'We would like to reassure existing clients you will still get the same personal service until your sale fully completes.