Company Tag: GetAgent
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
Most property vendors believe that traditional estate agents ‘represent good value for money’
69% of recent sellers who used a traditional high street estate agency thought that the fees represented good value
Ch4-backed estate agency comparison website secures £2.2m investment
GetAgent says its 'super-seed' fundraise is 'a timely validation of the traditional estate agency model'
Changing asking price can double length of time to sell
Altering an asking price - either up or down - leads to slower sales, according to some research by GetAgent.
Ranked Outsiders: Estate agency league table launches
A league table of local estate agents' performance has been launched to 'help property owners make an informed decision' and drive business for local independents with skinny marketing budgets.