Cedar House, Caen St, Braunton EX33 1AH

18th November 2021

Conveyancing Crash – update on security and using other conveyancers

The conveyancing IT crash plaguing the Simplify Group of companies continues into its ninth day; however there is an update for agents and others interfacing with the affected firms. The affected companies are Premier Property Lawyers, JS Law, DC Law and Advantage Property Lawyers. A detailed note from the industry regulator the Council... Source: Estate Agent...

Shock figures – UK agents earn less than most of Europe, US and Far East

A new league table of earnings by estate agents, based on basic salary and commission combined, suggests that UK agents earn far below those in much of Western Europe, North America and the Far East. The Nested agency has compared UK agent earnings with 29 other global locations. The data shows that the... Source: Estate Agent...

High speed broadband increasingly vital for buyers

A high-speed internet connection is the second most important factor for buyers after property size, a survey claims. And the study - run by a communications firm and involving a survey of 294 estate agents - claims good broadband connection could add a modest £5,000 to the price of a house.  Research... Source: Estate Agent...

Market to get tougher despite upbeat house price figures

The prospect of higher mortgage interest rates mean the housing market may get tougher soon despite another set of upbeat house price figures. The average house price has hit a record £270,000 after surging by £28,000 over the past year, figures from the Office for National Statistics show. Across the UK, prices rose... Source: Estate Agent...

Be open to new ideas to stop fall-throughs, agents urged

Agents are being urged to be more open to new methods of stopping deals falling through. HBB Solutions - a part exchange and chain-repair service working with agencies and developers - claims there are an average of 225,000 fall-throughs each year. This is the equivalent of 1-in-4 fall-throughs that cost an... Source: Estate Agent...

Agents should use databases to cultivate future instructions

A PropTech platform is urging agents to keep in touch with clients on their databases to increase their chances of future instructions.  Software platform Rex says there are a number of ways in which this can be achieved.  “For example, anniversary emails, SMSs to celebrate major events, updates about what’s happening in... Source: Estate Agent...

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