Can your Estate Agency survive future Lock Downs?

October 19, 2020
Estate Agency during covid19

Following the latest news coming out from Wales today where another lock down will be happening, have you put in to practice enough survival techniques should governments and leaders enforce further stop starting of business?

“Wales announced a ‘circuit breaker’ lockdown today – with bars, restaurants and non-essential shops facing being closed down for two weeks.” DailyMail website

Many will sit on the fence to what exactly is happening with the government with regards to how they are dealing with covid-19 and then many will sit firmly either side of the fence with strong supportive views and the other side disbelieving the whole situation as merely a test from the government to see what control measures can be enforced.

If you are pro or against, the most important thing for any estate and letting agency is how the current situation effects business. Will this mean less activity from buyers / sellers / renters? Will it mean working remotely? Will it mean having to drastically change your whole business practice? All these are time and cost thirsty and will have an impact if one survives or not.

Not looking at doom and gloom as maybe vaccines will be ready soon and lock-downs merely an era to look back at and learn from, though currently many fear it is a new way of life ahead and if so, are you fully prepared?

I have heard from estate agents that a simple few extra #proptech solutions added to their working days has meant they can carry on as nearly a 100% virtual office when needed and as long as the public do not lose faith in property then the road ahead is quite comfortable.

Are you prepared for closed doors for your high street estate agency? Are you prepared for accompanied virtual viewings such as from Giraffe 360? Does this whole situation simply play in to the hands of property portals and hungry giants like Rightmove? Does this mean many agents will fail and fall by the wayside opening the door for younger generations, with innovation a way of life to them, to enter the industry?

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Homebuyers face longer buying timelines

The latest research from Lyons Bowe suggests the homebuying process could become even slower in 2026: as the number of conveyancers operating across the UK is thought to have fallen by almost -13% while transaction volumes rise, placing further pressure on completion timelines. Lyons Bowe has analysed data on the number of active conveyancers in…
Read More →
Breaking News

Breaking Property News 1/4/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Winning the AI Era: A Playbook for UK Estate Agencies The AI-Driven Rewiring of UK Estate Agency Thought Leadership by Andrew Stanton CEO Proptech-PR Real estate has historically been conservative, fragmented, and inefficient. A surge of startups, is introducing automation, data-driven decision-making, and better customer experiences. This…
Read More →
Breaking News

What renters and landlords need to know ahead of major rental law changes

With just one month to go until the first phase of the Renters’ Rights Act comes into force, the leading professional body, Propertymark, is urging renters and landlords across England to understand how the changes could affect them. From 1 May 2026, the legislation will introduce some of the biggest changes to the private rented…
Read More →
Estate Agent Talk

Tackling Empty Properties

A UK Perspective on Best Practice and Recommendations for Reform Propertymark, the UK’s leading professional body for property agents, has today published a comprehensive new position paper highlighting the urgent need for coordinated, practical and properly resourced action to bring long-term empty properties back into use. With over 359,000 homes sitting empty for more than…
Read More →
Breaking News

Pet-friendly rentals plunge 39%

New research from Inventory Base reveals that the number of pet-friendly rental homes in England has fallen by -39% since the start of 2026, as landlords appear to be reducing the number of homes openly marketed as allowing pets ahead of the Renters’ Rights Act taking effect from 1st May. The Renters’ Rights Act (RRA)…
Read More →
Breaking News

Latest Nationwide house price data showing a 2.2% increase

Industry reaction to Nationwide house price data showing UK annual house price growth picked up to 2.2% in March, from 1.0% in February. Nathan Emerson, CEO of Propertymark, comments: “An uplift in house prices will be welcomed by the market and suggests that buyer demand remains resilient despite ongoing economic headwinds. Improved sentiment, coupled with…
Read More →