How do you choose your Estate Agent ?
Capability and market knowledge continue to top the list of how prospective home movers choose their agents.
- Capability and market knowledge continue to top the list of how prospective home movers choose their agents.
- Confidence in ability was rated by more home movers than any other quality. Only 17% included 'lowest fee' in their top 5.
- Younger home movers, those aged up to 34, remain more likely to include portals, a low fee and positive reviews in their top 5. Source: Dataloft, Property Academy Home Moving Trends Survey 2021, (% home movers who ranked the reason in their top 5)
- Against the backdrop of strong economic growth, particularly in 2021 and 2022, forecasts for property price growth over the coming years are positive.
- The forecasts, produced by the Office for Budget Responsibility in the wake of the Chancellor's Autumn Budget in October, indicate that while property price growth looks set to moderate over the coming years, prices are not expected to fall.
- The housing market proved to be one of the bright stars during the initial Covid-19 pandemic, bolstered by the significant government economic support packages and the stamp duty holiday.
- The impact of the Omicron variant is yet to play out, but more limited government support and a rise in the cost of living may well squeeze household budgets more tightly than expected in 2022.