SALES NEWS:- Sellers overwhelmingly favour local estate agents
A new analysis of how and why people use estate agents suggest that the overwhelming majority of sellers prefer High Street agencies to remote online companies. Data looking at homes sold in the final three months of 2017 show:
- 94% of sellers used traditional agents;
- only 6% of sellers tried online agents;
- there were no significant changes in these shares during 2017.
The research, by data company TwentyCi, found that high street agents were favoured because of their local knowledge, their proven track record of having sold homes in the local neighbourhood, and the ability of customers to pop in to an office to check progress.