Estate Agency Market News | Property Market News - Estate …
WEBEstate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Breaking News Archives - Estate Agent Today
WEB1 day ago · First-time buyers remain ‘priced out’ of property market – warning. Written by: Marc Shoffman. Buying a property is becoming a ‘challenging prospect’ for many despite recently falling mortgage rates, Propertymark claims, as two separate pieces of research highlight the difficulties facing buyers. ... 7th October 2024.
Only agency dinosaurs will be left in the office, eXp boss claims
WEBThe next generation of estate agents won’t be going to the office in 10 years, the founder of eXp World Holdings Glenn Sanford has predicted. Speaking about the shift to technology and remote working, Sanford said the new generation of agents are mobile and it will only be dinosaurs left in the office. He said: “The next generation knows ...
Boomin - What’s the verdict? - Estate Agent Today
WEBThe second area that concerns agents contacting EAT is the simple one – Boomin has relatively few listings and not so many agencies on board, at least yet. In early March, Boomin claimed it had some 5,000 agency branches on board – it quoted the same figure for its launch, a month later. Zoopla last week said it had 19,500 including new ...
Agents back claims that pay is too low, but how does it compare ...
WEBIt discovered that the UK’s agents are only the 9th best paid with an average annual salary of £39,257. In comparison, the best paid agents in the world are found in the US, earning £51,365, Australia at £51,809 and Canada at £48,262. When comparing agent base salaries to the average overall income in their respective countries, UK estate ...
Selective Licensing: What you need to know - Estate Agent Today
WEBLocal authorities have powers to introduce selective licensing of privately rented homes in order to tackle problems in their areas, or any parts of them, caused by low housing demand and/or significant anti-social behaviour. It now also includes areas experiencing poor property conditions, an influx of migration, 1 a high level of deprivation ...
Think tank rehashes ‘mansion tax’ to replace council tax and stamp …
WEBA think tank has proposed scrapping Council Tax and stamp duty in favour of an annual property levy. The Institute for Public Policy Research (IPPR) claims the council tax system favours wealthy homeowners as valuations were set 30 years ago and the charge hasn’t kept up with the rise in property prices. It argues that replacing Council Tax ...
Agents highlight biggest industry challenges and opportunities
WEBHelp to Buy has been ranked as having the most positive influence on the property market in recent times. Agency comparison website GetAgent surveyed 957 estate agents across England on their thoughts and feelings towards the property market, what they felt had posed the biggest challenges, what they feel has brought the most positive changes and what they would like to see over the coming years.
Interest rate cut: agents prepare for busy Autumn
WEBEstate agents are braced for a busy Autumn selling season after the first interest rate cut since March 2020. The Bank of England reduced the base rate from 5.25% to 5%, which estate agents hope will bring down mortgage pricing and boost buyer demand. Emily Williams, director of research at Savills, said: “The base rate cut will give buyers ...
A quarter of buyers ‘bribed’ seller to secure a purchase – claim
WEBA quarter of homebuyers have attempted to bribe sellers with everything from cash to kindness when trying to secure a property, research suggests. A survey of more than 1,000 homebuyers by online agent Yopa has found that while such an approach may be “morally reprehensible,” 89% of those who attempted to sweeten the deal said their efforts ...