Estate Agency Market News | Property Market News - Estate …
WEBMark Bevan, Sales Director at Loop. Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Breaking News Archives - Estate Agent Today
WEB4 days ago · Revealed! The cost of poor sales progression for estate agents. Written by: Marc Shoffman. Poor sales progression is costing agents an estimated £938,697 per brand or £97,274 per branch annually, research suggests. ... 27th September 2024. 1,831 reads.
Selective Licensing: What you need to know - Estate Agent Today
WEBLocal authorities have powers to introduce selective licensing of privately rented homes in order to tackle problems in their areas, or any parts of them, caused by low housing demand and/or significant anti-social behaviour. It now also includes areas experiencing poor property conditions, an influx of migration, 1 a high level of deprivation ...
Marketing, Events & Networking Archives - Estate Agent Today
WEBJul 27, 2024 · Watch: how to launch a premium brand, luxury estate agency. Written by: EAT & LAT Team. In a video interview for Estate Agent Today, Dominic Murphy, Managing Director of DM & Co. in the Midlands, speaks to property professional Chris Buckler about how agents can launch their own premium brand. ... 15th May 2021.
Property Market Analysis Archives - Estate Agent Today
WEBSep 28, 2024 · Auction sales top £100 million – nearly 20% higher than last year. Written by: EAT & LAT Team. Leading UK property auctioneer Bond Wolfe has broken through the £100 million barrier for sales to date in 2024, with its current total nearly 20% higher than this stage last year. ... 31st August 2024.
Slump in transactions triggers conveyancing firms pulling out
WEBThe slump in housing market transactions is beginning to translate into a fall in the number of conveyancing companies. A study by PropTech service Search Acumen suggests a 22% year-on-year call in housing transactions, and now a 3% drop in the number of conveyancing companies in the first half of 2024.
Preparing for 2022 – How current trends will affect estate agencies
WEBThis is leading to rising salaries and increased competition for good talent, which means an increase in salary and recruitment costs for agencies; if a member of staff leaves the team it can cost 20-30% more to replace them. As many agencies reduced headcount over the course of the pandemic, this pay rise is likely to affect the market and ...
Why? How? Let’s get better - Estate Agent Today
WEBIain White, who worked in Agency for 30 years before establishing a consultancy business and founding The Innovation Collaboration Group, explains: “Sales progression is vital because it is unsustainable to have a 17-week period between sale agreed and exchanging contracts.”. “Agents used to turn their pipeline over four times in a year ...
UK’s largest lender unveils first-time buyer boost
WEBUK’s largest lender unveils first-time buyer boost. The Government may be silent so far on support schemes for first-time buyers but the UK’s largest lender now appears to be offering a helping hand. Lloyds Banking Group yesterday said it was making £2bn lending available to first-time buyers borrowing more than 4.5x income.
40-year mortgages – should you consider one? - Estate Agent Today
WEB40-year mortgages, according to UK Finance, have seen a dramatic increase over the past two years. In February 2022, 8% of all first-time buyers opted for a mortgage term of 35 years or more. By February of this year, that figure had risen to 18%. Meanwhile, 38% of all mortgage applicants opt for a 30-35 year mortgage term.