Diary of an agent

As an Estate Agent, you have to get used to a different way of working. With most jobs and professions, the work you do and the customers you have, pay for your services. Spend time helping someone, give advice, send information etc and you get paid for it. Not necessarily so in Estate Agency.

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Rightmove's House Price index Print E-mail

signupReleased once a month, the rightmove house price index keeps you informed of what's happening in the property market month by month........

Economic woes deter new sellers from entering the market, reducing unsold inventory

  • New listings per estate agent lowest September average ever measured by Rightmove
  • Number of properties on market below £175k only increases by 0.5% in spite of Government stamp duty incentives
  • First reduction for seven months in buyer choice as average unsold stock falls from 79 to 78
  • Downward trend continues as new sellers trim another 1% off average asking prices
  • Decision time for 98,401 stale properties: either invest in an Energy Performance Certificate by October 1st and get aggressive about selling, or take it off the market

Read the full rightmove report by clicking here.

 

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