News

SALES NEWS :- The bubble burst? Drop in sales via online estate agents

12/10/18

Online estate agents have always had only a small share of the total number of homes sold across the country – and now that share is getting smaller still. new research shows:

  • only 7.2% of homes sold in June, July and August were through online agents;
  • this is down from 7.6% in the previous quarter
  • one major online agency has closed completely in the past month

The experts behind this research, from a consultancy called TwentyCi, say they are surprised at the drop in online agencies, suggesting this may herald a return to the higher customer service values identified with High Street estate agencies.

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