Estate Agency Market News | Property Market News - Estate …
Renters seek renovations as ‘affordable route’ to homeownership. Government slammed as it shuts Office for Place. AI property search app unveils travel time feature. Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Breaking News Archives - Estate Agent Today
1 day ago · Renters seek renovations as ‘affordable route’ to homeownership. Written by: Marc Shoffman. Two thirds of renters see fixer-uppers as a more affordable route to property ownership, with an average 12% discount on these homes, …
Keep calm and carry on, say industry experts - Estate Agent Today
Andy Morrison reported seeing a vast increase in demand for £1m+ homes in commuter towns, especially from younger buyers. Nigel Lewis said, “broadly speaking, it’s politicians and interest rates that do damage to the property market. Once those are overcome, property markets flourish…there are too few homes to satisfy demand, so the ...
Leaders Romans Group unveils high-profile acquisitions
Leaders Romans Group (LRG) has acquired Stirling Ackroyd, Alexander & Co and Peter Ball in the latest high profile industry acquisition. All branches will remain under their current brands. Nick Dunning, chief executive at Stirling Ackroyd and George Thomas, chief executive at Alexander & Co, will leave their respective businesses after a short ...
Archive - Estate Agent Today
Nov 8, 2024 · Barclays: UK mortgage spending hits new high but remain affordable. Breaking News. 7th November 2024. Rent and mortgage spending rose by 6.4% in October but households are more confident about their ability to afford repayments....
OnTheMarket: ‘We are the UK’s fastest growing property portal’
OnTheMarket (OTM) has staked a claim to being the fastest growing property portal in the UK since its acquisition by CoStar Group. Using Similarweb data, OTM said it has seen a 90% increase in total visits in the 12 months to September 2024 compared with Zoopla and Rightmove which experienced a 9% and 1% decline respectively.
Why? How? Let’s get better - Estate Agent Today
Iain White, who worked in Agency for 30 years before establishing a consultancy business and founding The Innovation Collaboration Group, explains: “Sales progression is vital because it is unsustainable to have a 17-week period between sale agreed and exchanging contracts.”. “Agents used to turn their pipeline over four times in a year ...
Mandatory qualifications for agents “within two or three years”
The mandatory qualifications expected of agents have not been forgotten and will come into effect in two or three years. That’s the view of Mark Hayward, outgoing chief executive of the National Association of Estate Agents. He was a member of the Regulation of Property Agents (RoPA) working group which reported in summer 2019.
Navigating economic shifts in estate agency
The future is now. The message is clear: the future of residential estate agency hinges on the smart integration of technology. Agency owners who recognise this trend and act on it will survive the current economic pressures and set their businesses up for long-term success. (Here is an article in the industry press about the fastest-growing ...
Selective Licensing: What you need to know - Estate Agent Today
Selective licensing may be applied to designated areas within a local authority’s jurisdiction where one or more of the issues below are present: low demand for housing (or is likely to become such an area) significant and persistent problems caused by anti-social behaviour. properties in poor condition. high levels of migration 1.