TwentyEA

In July, there was a year-on-year increase across the board in New Instructions, SSTCs, and Exchanges. Regionally, Scotland saw the largest rise in Instructions, up by 18% from July 2023. The East Midlands recorded the highest increase in Exchanges, with a year-on-year rise of 25% and a month-on-month jump of 28%. Download the report for your region here: https://lnkd.in/e4gAysFK

In our latest webinar with Gareth Samples, CEO of The Property Franchise Group and Nathan Emerson MNAEA MARLA MNAEA(comm), CEO of Propertymark, we discuss how the improving dynamics in the residential property market will lead to a more lucrative (and certainly busy) second half of the year for estate agents. Watch the full webinar here: https://lnkd.in/eXXvYfVA

OpenRent had 12.7% of the rental market in 2023 - the biggest listing "agent" in the UK You would need to add all the listings of the next 14 biggest letting agents COMBINED to beat them on listings numbers - Namley Foxtons, Leaders Ltd, Martin & Co, Belvoir Estate & Lettings Agents, Your Move, Chestertons, William H Brown, Winkworth, Hunters Estate Agents, Savills, Connells, Kinleigh Folkard & Hayward and Hamptons Yet here is the groundbreaking stat... 51.2% of those 2023 listings were last listed by another HIGH STREET traditional lettings agent High Street Letting Agents lost 81,256 private rental properties to OpenRent in 2023 - thats 6.6% of all UK lettings listings in 2023 For additional info, Openrent's remaining listings of 2023 were broken down as follows ... 31.5% were last listed by OpenRent in a previous year 17.3% not previously listed with any agent or OpenRent Now of course, some of these in the 51.2% portion would have tenant find - yet many would have been managed. Why are landlords leaving Letting Agents in droves? What arent agents doing? What do we need to do to change this? Share your thoughts in the comments kind regards Christopher Ps Raw data provided by wonderful and amazing Kings and Queens of Property Data - TwentyEA PPS I know OpenRent are not an agent - yet it was the best word I could come up with

Are Estate Agents prepared for a busy Autumn? In the wake of the recent Bank of England interest rate cut, the property market has seen a corresponding increase in buyer demand and a more positive outlook on mortgage rates. Agents should prepare for an increase in transaction activity if further cuts are made. There is no better time to establish your agency as the local go-to for buyers and vendors than now! Our flexible packages are designed to make it achievable. For small or self-employed agents, we recommend the Boost package - enhance your local visibility and automate your prospecting campaigns. With our Grow and Accelerate packages, you'll always be ahead of other local agents and can confidently raise your fees. Call in today for a quick demo. More details here: https://lnkd.in/ey59QvGJ

Are you a small agency trying to compete against industry giants? Discover our Boost package that will help you outshine the big players. Ready for a Boost? Take a read of our latest blog to find out more: https://lnkd.in/e8cPKRQJ

We have found out that it is taking longer to get a sale agreed throughout every UK region, with the East Midlands experiencing the largest percentage increase in time to sell. ⌛ It's now taking an average of 72 days across the UK to find a seller, that's up from 55 this time last year. Nevertheless, the property market is looking buoyant with the number of agreed sales 16% higher so far this year compared to 2023. New instructions are also up 10% and it’s very pleasing to see that the time to complete from SSTC has fallen marginally over the last year. Read more in Estate Agent Today The Negotiator The Intermediary Mortgage Strategy Mortgage Finance Gazette and Property Reporter https://lnkd.in/eZpjDDEP https://lnkd.in/ebeDYKQQ https://lnkd.in/gJcccQwQ

Our latest Property and Homemover Report for Q2 2024 shows that self-employed agents now account for 30% of New Instructions in Q2 2024 in the hybrid agent category. Are you thinking of taking the plunge and going solo? Take a read of our self-employed playbook for advice from some of the biggest self-employed agents in the industry: eXp UK, TAUK, iad UK and Avocado Property https://lnkd.in/evWbzE67

🙏 https://lnkd.in/eEJGFfEf Stuart Ducker

Check out this article in Modern Law magazine featuring Richard Hinton who heads our TwentyConvey service, helping UK conveyancers improve their operational efficiencies. He is joined by Gregor Angus from Amiqus, to examine the current challenges, pressures, and regulatory changes facing the industry. Take a read here: https://lnkd.in/eY_zcWmt

The sun is shining (for most of us!), and the sound of lawnmowers fills the air. Not though for the 144K properties in the UK with astroturf. It can be a controversial move to swap out lush lawns for artificial grass. Yet, many buyers don't seem to be deterred by artificial grass when choosing homes. Our DOMUS database features over 350 attributes that provide fascinating insights into UK residential properties just like this one. Intrigued? Click here to find out more: https://lnkd.in/eKDQw9_j