Company Tag: Garrington

UK buying agency Garrington highlights some key patterns & demographic shifts for luxury property agents targeting the world's super-rich.

'Price cuts are becoming counterproductive in a landscape where the issue is not pricing, but one of confidence,' says buying agency.

'Price reductions are starting to unlock previously paused moves,' says Garrington.

'Significant reductions are an increasingly accepted part of prime deals,' says top buying agency.

Garrington has relaunched its property management arm following a 'strategic acquisition'.

National buying agency Garrington has identified 1,600 great places to live, with postcodes in Hertfordshire, Stirling and Tyne & Wear coming out on top for their 'optimum blend of high living standards,…

'Buyers have a will and a way to buy a property, but not at any cost and they remain price sensitive,' says Garrington.

Top buying agency points to improving sentiment amongst home-movers, suggesting average house prices will rise by 3-4% next year.

Garrington's latest housing market sit-rep takes an upbeat view of recent political and economic happenings.

Garrington negotiated double-digit discounts on the majority of its £2mn+ deals last month...

'With many buyers spoilt for choice and sellers keen to get a deal done, generous discounts are still achievable for buyers who do their homework and negotiate effectively,' says Garrington.

'A slow and steady recovery is more likely than any form of significant resurgence in the near term,' says Garrington.