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Market experiencing a shortage of ‘first-time sellers’

A shortage of ‘first-time sellers’ means that the number of terrace homes and flats being put up for sale are down 31% and 28% on the third quarter of last year, Rightmove said this morning.

One-third of potential first-time buyers said that their biggest single concern is being able to find the right property. Only one in 12 cited their ability to meet monthly mortgage payments as a major concern, but raising a deposit was the biggest concern, cited by four in ten potential first-time buyers. One in 14 expressed concerns about … Continue Reading

Another example of how we provide excellent service

At House Revolution we take the job of providing first class estate agency very seriously. All our customer managers are required to study hard to gain a recognised qualification in estate agency practice as governed by the National Association of Estate Agents. As you can see from the photo, based on the size of the text book it’s a big task.

Hopefully Deborah’s confused and perplexed face will be smiling very soon when the exam results come through. Good luck Debs and Rachel, who is also taking the exams but she hid … Continue Reading

House Revolution, a refreshing change says happy ‘sold’ Vendor.

 

Front view - soldHouse Revolution makes a refreshing change to the normal type of estate agent we have worked with in the past.

They were professional & helpful at all times, & were extremely good at keeping in contact & keeping us informed. I always felt that each member of the team was giving us an un-boast opinion, without spin like many agents (unusual!).

I felt as though I was dealing with people just like me – straight forward, honest, & clear with no hidden agendas. It also suited us … Continue Reading

What does being a ‘New breed of estate agent’ actually mean?

Chris SargissonI was asked today what being a new breed of estate agent actually means. Good question, read on.

New pricing – Our selling fees are lower because we have identified & recalculated what the actual cost of selling a property are – this is not about having offices in prominent locations but ensuring we get your property in front of as many prospective buyers as possible, Locally and nationally! This is achieved through optimum presence on the internet so we do not need to pass on unrealistic charges, … Continue Reading

Insight into when the property market might change !

I have edited this from a recent article published by the BBC if you would like to read the full transcript just click here  

There is no doubt about it, house sales in the UK have been in their lowest levels since contemporary records began in the late 1970s. 

With just 869,000 homes sold … Continue Reading

Survey reveals agents secretive on fees

A new survey has reviled that only one agent in London disclosed its fees on its website. About 20% of agents refused to disclose their fees over the phone or via email. 

The survey, by estate agent comparison website ipostcode, looked at 250 agents’ fees across London and found that it is not necessarily in the most expensive postcodes where agents charge the highest fees. 

The majority of the London estate agencies surveyed quoted 1.5% commission, … Continue Reading

Is this the worst porch extension ever?

Well, we think it might be! We do know that the lady of the house was less than impressed having returned from a shopping trip to find a timber shed ‘glued and nailed’ to the front of her 18th century farm cottage. 

Admittedly the owners are in the middle of a full renovation program and the ‘addition’ was only ever meant to be ‘temporary’, never the less it was removed as quickly as it appeared. Bless

 So, this … Continue Reading

Time to Sell?

According to the website ‘Home’, which uses data from virtually every property portal and website in the UK, the average length of time a property is now on the market before a buyer is found  has risen to 241 days, the longest since its records began in 2004. 

Before the credit crunch, average time on the market was just 60 days.

 Home says:  “last year, asking prices barely changed, moving up by just 0.6%. However, big … Continue Reading

Welcome to the ‘low transaction volume pit’

Rightmove have produced some interesting numbers today;

Estate agents’ branches are selling less than one new property a week each and new listings are at the lowest level ever seen.

Just 36,433 properties are currently coming on to Rightmove per week, the lowest recorded in the ten years that the site has been measuring the market.

By contrast, there is a record level of search activity, with 44 million property searches in the first ten days of this year, up 27% on a year ago – but with home-hunters facing … Continue Reading

Another Fantastic Customer Endorsement

I live in the small market town of Halesworth, where there are nonetheless no fewer than five Estate Agencies in business.

I came across House Revolution when viewing a Georgian property, I owned a 500 year old small Tudor farmhouse and, when I finally decided to put it on the market, in late Spring 2011, I decided to sell it through House Revolution; as I had been both amused and impressed by their sales technique.

I was subsequently visited by Debby. I lived in a fairly isolated spot, despite being … Continue Reading