Company Tag: GetAgent
Connells Group accounted for 14% of all property listings in the last six months - although major online agents have been left out of GetAgent's new estate agency rankings.
Property sales are being agreed more quickly, but the processing of transactions is taking a lot longer than before the pandemic and Stamp Duty holiday.
In 2019, it took an average of 129 days from a listing first appearing on a property portal to the transaction completing. That's jumped to 141 days in 2020.
The UK's total housing stock is worth just shy of £7 trillion, according to some new research, with Westminster and Kensington & Chelsea emerging as the highest-value areas.
London is likely to see the slowest rate of property price inflation in the coming years, according to some analysis of various property market forecasts.
Estate agency comparison website GetAgent has checked the major property portals to see where asking prices have been cut by more than 15%.
Homes sold in the UK in the last year achieved an average of 95.8% of their initial asking price, according to some research by estate agency comparison website GetAgent.
Agents in Kensington & Chelsea tend to charge a higher percentage than anywhere else in the country (2.32%) and earn the highest commission amount per sale (£32,430).
Britain's leading hybrid estate agency Purplebricks peaked in 2018 and is now losing market share, according to some new analysis.
GetAgent launches 'live, interactive' dashboard to track key metrics on a daily basis; latest update shows new listings plummeting from a peak of 8,535 added per day in February to just 672, with new home…
Three UK areas saw homes sell on average for more than 20% above their listing prices in 2019, while three other locations saw average sold prices come in more 25% below average asking prices.
Property prices in many of the UK's most flood-prone locations have increased faster than their surrounding local area over the last ten years...