The Ageing Population and the Housing Market

There are many challenges associated with house hunting for older citizens stemming from a number of sources. The fact that many older persons who are interested in moving are at least partially driven by a desire to downsize from a larger family home, into something more manageable is a hurdle in itself. But when the…

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ZPG welcomes back agents.

ZPG, owner of Zoopla and PrimeLocation, last week reported that the total number of estate agency branches that have now left Onthemarket (OTM) to re-join ZPG over the past two years has now reached more than 800, just the week pevious  saw a further 16 agency branches return to ZPG, taking the total number of…

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OnTheMarket state they received 11.2M website visits in January

OnTheMarket reports today that it achieved a record level of traffic of more than 11.2million visits throughout the month of January.* This is an increase of 85% year on year. In January 2016, OnTheMarket recorded just over 6million visits. Ian Springett, Chief Executive of OnTheMarket, said: “This latest milestone is a fantastic achievement given that…

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Strong finish to an uncertain year for house prices

LSL Property Services/Acadata released their House Price Index (HPI) DECEMBER 2016 for England and Wales yesterday 16th January headlined ‘England and Wales house prices finish on a high’ Growth of 0.4% pushed the average price of a house in England and Wales up £1,139 to finish the year at £297,678. Oliver Blake, Managing Director of…

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What got you here isn’t working any more

Over half a million people work in estate agency in the UK, probably three times the number employed in the industry when I was a child. Transactions, however, have not trebled in the same timespan. Which means one thing: HUGE competition for instructions. Where your predecessors could rely on word of mouth and goodwill to…

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JUDGE AN ESTATE AGENT ON SALESMANSHIP ALONE AT YOUR PERIL!

In this fast paced, instant access, target driven world we live in, so much emphasis is often placed on salesmanship. It doesn’t matter whether you are involved in potatoes, prosecco or property, the principles behind selling and selling techniques are commonly thought of as being the same across most business sectors. Arguably, estate agents have…

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Reference checks are top priority for landlords

A new report from Hunters now one of the UK’s largest independent estate agency chains with over 170 branches nationwide says, according to latest research, ensuring potential tenants have passed reference checks came in as the top priority for landlords when selecting an agent to let their property, speed of let and trained staff cited…

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Mandatory Licencing for estate Agents needed says eMoov

eMoov leads the way to Implement Mandatory Licencing for Estate Agents with a petition to the Government. Russell Quirk, Founder & CEO, eMoov.co.uk says “In this day and age it is simply unacceptable that the estate agency sector continues to go unregulated with absolutely no barrier to entry when choosing to pursue the occupation. “When…

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ONTHEMARKET.COM ACHIEVES RECORD TRAFFIC OF MORE THAN 10M VISITS IN SEPTEMBER

OnTheMarket.com reported yesterday that it achieved a record level of traffic of more than 10million visits throughout the month of September.* The figure of 10million visits is a rise of 79% year on year. In September last year, OnTheMarket.com recorded 5.6million visits. Throughout last month, the portal also delivered a record number of leads to…

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Housing supply at highest level since March this year.

The National Association of Estate Agents (NAEA) yesterday issued their August Housing Market report headlined ‘Supply of Housing Hits A Six Month High’ In the report it states supply of available housing rose to the highest level seen since March this year, the number of houses available for buyers increased to 41 per estate agency…

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Is Your Branding Working For You?

Introduction Finally a moment to breathe for all estate agents – the holidays are here! The perfect time of year to eat, drink, take a holiday and… consider next year’s branding strategy. Whether you’re aiming for a complete branding overhaul or just ensuring your current branding is up to scratch, we’ve created a simple branding…

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A fall in the number of House Buyers

According to the most recent National Association of Estate Agents (NAEA) monthly UK Housing Market report the ‘Number Of House Buyers Falls By A Third on Year’. In the report they mention that demand is at lowest seen since November 2013 and  a third  lower than July last year. Mark Hayward, Managing Director, National Association…

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Estate Agents warned over ‘Portal juggling’

A recent article on the nationaltradingstandards.uk website headlines Estate Agents warned over ‘portal juggling’ It leads… Illegal practice that misleads homebuyers on property websites in the spotlight”. Estate agents who deliberately mislead potential homebuyers through the practice known as ‘portal juggling’ are being warned that they could be prosecuted and face a ban from working…

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Slow residential property markets in London in first half

Foxtons Group plc, London’s leading estate agent, announced last friday its financial results for the half year ended 30 June 2016. Revenues are down and expenses are up, profit before tax collapses over the six month period to just £10.5 million, compared with £18.1 million last year. Five new branches opened during the first half…

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