• Cedar House, Caen St, Braunton EX33 1AH

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Sales to crash by 60% says Zoopla: will estate agents survive?

New sales agreed have already plummeted by 15 per cent and over the next three months there’s going to be a 60 per cent drop in transactions. The gloomy forecast comes from Zoopla’s research department which says low transaction volumes are already expected to continue into the third quarter.  Some individual spring… Source: Estate Agent […]

Rightmove’s offer to agents may be the most generous in the world

An international comparison of how major portals have discounted their charges to agents show Rightmove and Zoopla making “deeper and longer lasting” reductions than many similar services in other countries. A study has been undertaken by Mike DelPrete – former head of strategy at a New Zealand portal and a long-standing analyst of… Source: Estate Agent News

Moving home? There's still some hope, says Law Society

The Law Society says there is still some possibility that those home movers scheduled to complete in the near future might be able to go ahead, despite the Coronavirus lockdown. The Minister for the Cabinet Office, Michael Gove, suggested earlier this week that if transactions in the housing market have been… Source: Estate Agent News

More guidance and advice to the agency industry – Conquering Corona

We'd hoped it was good news but in fact it's just good-news-yet-to-come. The Savills office in Wuhan, the epicentre of the Coronavirus crisis in China, has not reopened after all; on the advice of the government in that country, it's remaining closed. Our earlier story turns out not to be correct but some businesses in… Source: Estate Agent […]

Market: Brexit Bounce giving way to Corona Crippling, says agent

Although all bets are off as to what the housing market will be like after the Coronavirus subsides, there is now evidence that price rises were slowing well before the outbreak. Data from the Office for National Statistics show that annual price rises in January were only 1.3 per cent -… Source: Estate Agent News