London estate agents are admitting to a recent under-performance on price achieved, says a report this week.
Lonres, the property research people, have stated that 80% of London properties are now selling for under the asking price, a significant reduction compared to the last quarter.
However not all estate agents are achieving less for their clients in the current market with the latest stats from Emoov.co.uk confirming that 69% of London properties sold by the online estate agent are achieving at least the asking price. In fact, 25% of Emoov’s most recent London sales are at a figure higher than the asking price.
Emoov have a track record of out-performing the estate agency industry. Rightmove revealed in July that the average time taken for a property to sell in the UK is now 65 days, whilst Emoov takes just 20 days typically. And with a fall through rate at 5%, some 20% lower than the mainstream, you are not only more likely to sell quickly through Emoov but can be assured that your transaction stands a better chance of concluding too.
A better price. More quickly. With more certainty. And at a fee that you can justify. All delivered with exceptional levels of customer service too.
No wonder Emoov.co.uk are changing the way the UK buys and sells houses.