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Showing posts from June, 2025
Growth in Rents by region since 2016
You cannot convert a listing To what you’re not called out to. Your biggest conversion problem is not your listings to free val rate. It is the fact you never got called out to the free val in the first place. Most estate agents lose business they never even knew existed. Because you were invisible. No presence. No relationship. $hit Social Media No reason for the homeowner to even think about you. Stop worrying about winning the listing. Start worrying about being called out for the free val
Situation: You’re on a free val. The seller clearly wants a daft asking price and shows signs of being fee focused or unmotivated. Response: Reach into your wallet, slowly pull out the business card of that local agent who overvalues everything. Then say, calmly and respectfully: “I’m not the right fit if you’re looking for a fairy tale price. But this agent might be. They’re very good at telling people what they want to hear.” Hand over the card. Pause. Let it hang. Then finish with: “But if you’d rather sell than sit on the market, give me a call when you’re ready.”
Hot buyer contacts all the Estate Agents. Big agent has 10 similar homes. You’ve got just one. Who’s getting the push? Let’s be honest. Big agents love to say when trying to sign up a listing/ vendor, “We’ll show your home to all our buyers.” But when they’ve got ten of the same type on their books, which one gets pushed? Yours? Or the one with a higher fee? Or less awkward sellers? Or better photos? Truth is: they can’t champion all ten. But the small agent can say, 'we can champion you.'
U.K. Property Market Update
🔥 UK PROPERTY MARKET STATS – WEEK 24 ROUND-UP 🔥 Short. Sharp. What you need to know. 📅 Week Ending: 22nd June 2025 🎙️ Guest: Ben Madden , West London Estate agent 🎥 Watch: The UK’s weekly YouTube stats show – don’t fall behind https://lnkd.in/eK7Qmz8q ✅ Listings: 37.7k new homes listed this week (37.6k last week) 2025 YTD up 5% on 2024, 7.7% higher than 2017/18/19 average (894k YTD listings vs 852k listings YTD in ’24) ✅ Price Reductions: 26.8k this week (27.4k last week) 14% of stock reduced monthly. That’s rising. Long-term average? Just 10.6%. ✅ Sales Agreed: 28.3k sales agreed this week (up from 28.1k prior week) 2025 YTD sales +8.2% on 2024, +16% on pre-Covid average ✅ Sell-Through Rate (Monthly) May 2025: 16.1% of resi stock went SSTC Previous month: 15.36% Still under the 8-year norm of 17.9% – but heading in the right direction ✅ Fall-Throughs: 6,570 fall-thrus last week from 479k sales pipeline Weekly fall-thru rate: 23.2% (below 7-year average of 24.2%) ...