Cedar House, Caen St, Braunton EX33 1AH

30th May 2018

Almost half of agency branches have listing agreements with OnTheMarket

Property portal OnTheMarket has announced that it now has listing agreements with over 8,500 estate and letting agency branches.  It says that since launching on the stock market in February, it has added more than 3,000 branches to its total - representing growth of more than 50%. The firm estimates that it... Source: Estate Agent...

A seller’s market returns – demand rises as supply falls

The housing market has swung back in favour of property sellers, according to the latest data from estate agents. NAEA Propertymark's Housing Report for April shows that the market is no longer favouring buyers after a strong start to the year. Last month, the average estate agency branch had 337 registered buyers... Source: Estate Agent...

Recently-purchased Humberts announces new management structure

The new owner of Humberts has announced the new management structure of the rural estate agency which he bought out of administration. Last week, it was revealed that luxury holiday operator Natural Retreats had purchased Humberts following weeks of speculation surrounding the 176-year-old agency's future. In a note sent to staff, Humberts'... Source: Estate Agent...

Asking price reductions on the rise as market loses momentum

Property sellers in the South of England are having to accept asking reductions in order to achieve a sale.  Data from Hometrack shows that sellers in London, Oxford and Cambridge are accepting average discounts of up to almost 5% to get a deal over the line. The gap between asking prices and... Source: Estate Agent...

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