Company Tag: GetAgent
Estate agents’ average commission fee rises to 1.5%
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).
Online agents ‘have been in steady decline’ for a while
Britain's leading hybrid estate agency Purplebricks peaked in 2018 and is now losing market share, according to some new analysis.
Agency comparison site rolls out real-time data platform to track impact of the crisis
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…
Ranked: Asking Vs sold prices around the country
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.
Flood risks ‘yet to hit house price growth’
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...
Cash buyers pay an average of 9% less for a home than mortgagers
The average price paid by cash buyers for a home in the UK is 9% less than that paid by mortgaged buyers... But it's a different story in London.
Ranked: Britain’s fastest & slowest places to sell a home
It took the average vendor 256 days to sell their property in 2019 (from first listing online to sale completion as marked by the Land Registry), although there were wide variations between different locations;…
Average time to sell jumps as the property market freeze continues
Two separate analyses tell us that homes are taking longer to find a buyer now compared to a year ago
The average estate agency’s sales commission is 1.2%
But there's a pretty broad range between different regions. Agents in five postcodes manage to bag fees in excess of £30,000 per property sale
Four areas have seen the average house price rise by more than the average salary in the last year
But three London boroughs have seen their average property value drop more than their average salary
Longer opening hours don’t improve estate agents’ performance
Stick to the 9-5 agencies, advises GetAgent