estate agents

The Seven professions most in need of a digital off switch off property

The Seven professions most in need of a digital off switch

Estate Agents named as the profession most in need of a digital off switch

YourBusinessNumber has revealed the 7 professions that are most in need of a digital off switch, in a world where we struggle to switch off from work even when at home.

Instant messaging platforms have made us better able to communicate than ever before and 90% of us now prefer messaging to a phone...

Nine reasons why your property transaction might fall through

Property purchasing specialist, HBB Solutions , has looked at the most common contributing factors that lead to a property sale falling through.

Fall-throughs are commonplace in the UK housing market and It’s thought that one in ten property purchases fails before completion . However, with the market booming in recent months, it’s estimated that fall-throughs have been as common as...

One Third Of Corporate Employees Miss Out ‘On Life’ property

One Third Of Corporate Employees Miss Out ‘On Life’ property

David Lee is the small but perfectly formed hybrid estate agency that supports a team of self-employed agents to earn lucrative sums but whilst enjoying working flexibility and a proper work-life balance.

The quest for founders Lee O’Brien and David Kirby is not one of ‘chasing every dollar’ not do they advocate that their agent associates do so. Rather, quality of life and working...

Estate agent salaries amongst the worst in the sales profession

Research by Nested , the modern estate agent, has revealed that estate agents earn one of the lowest basic salaries of all sales professions, with just insurance, retail and telesales seeing a lower level of guaranteed pay.

Nested analysed the base salary, excluding commission, of 12 of the most common sales professions and found that on average, the basic take-home pay is £26,338...

Estate agents spent £188.4m conducting physical viewings

Research by the next-generation, virtual property viewings platform, U-See Homes, has found that the property viewings process costs UK estate agents an estimated £188.4m a year.

U-See Homes found that based on the average earnings of £34,583, the average estate agent takes home an hourly rate of £16.63.

With the average viewing taking approximately one hour and with an...

Newcastle upon Tyne

Estate agents busiest battling the market backlog in these cities

The UK’s busiest agents can currently be found in Aberdeen, a city where each individual estate agency branch currently has an average of 29 sales listings on its books.

Second on the list is Newcastle-Upon-Tyne, where each branch currently has an average of 28 for-sale properties listed.

Next is Newport with 27 properties per branch, and then Liverpool and London round off...

Roderick Thomas

Roderick Thomas Reveals Soaring Property Sales as Demand from Overseas Buyers Escalates

Somerset-based Roderick Thomas Estate Agents reported a continuing surge in sales since the start of the year, with demand from overseas buyers booming.

Roderick Thomas explained, “In the past week alone our Wells office has sold property to buyers from Hong Kong, Spain and the USA, had several further enquiries from the USA and also New Zealand.”

“We’ve seen a significant...

Homebuyers

Increasing the stamp duty threshold could benefit 86% permanently

The latest research by lettings and estate agent, Benham and Reeves , has highlighted how many homebuyers could benefit each year if the government were to permanently increase stamp duty tax thresholds and remove tax for purchases up to £350,000, £500,000 and £750,000.

There’s no denying that the current stamp duty holiday has helped rejuvenate homebuyer demand, with 85% of buyers...

Estate Agents

Research highlights the vast disparity in portal fees paid by UK agents

New research from Wiggywam, the all-in-one property platform, highlights the vast disparity in fees that UK estate agents are paying to the major property portals. But despite some agents paying tens-of-thousands of pounds each month, trust and satisfaction levels remain starkly low. The insight comes via WiggyWam's Movers and Shakers for 2020. An extensive industry survey of UK lettings and...

Backlog means home sellers could fly to the moon 17 times in time it takes to sell a property

Research by home buying platform, Yes Homebuyers , shows that in the time it’s taking for home buyers and sellers to complete on a sale in current market conditions, they could complete a world cruise, fly to the moon and back 17 times, or conquer Mount Everest.

In regular market conditions, it takes an average of 11 weeks between the point an offer is accepted on a property and the...

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