216 days. Which is 7 months. Or 31 weeks. That's the current average time it takes from putting your home up for sale, until exchange of contracts. This is made up of: 62 days to find buyer and agree price (IF you...
Out of 2022 and into 2023. Out of the frying pan into the fire? 2022 was when the 14-year honeymoon of cheap mortgages, stamp duty holidays and desperate buyers allowing agents to "make hay while the sun shines" screeched its tyres...
By Charlie Lamdin - Founder, BestAgent This morning, sitting down at my desk, I noticed something new, and really weird. While news headlines report house price falls, buyers withdrawing due to spiking mortgage rates and a general armageddon-style outlook for home movers,...
This is a reproduction of a post from 23rd August 2022 by John Durrant on LinkedIn (with his kind permission): I suggest you read about Anthony Barber, Chancellor from 1970: https://en.wikipedia.org/wiki/Anthony_Barber (especially the section headed, Chancellor of the Exchequer). Compare the [1970s]...
Background: My name is Charlie Lamdin, the founder and sole owner of BestAgent. I have been working as a supplier to the UK residential property industry (estate and lettings agents) since 1999. At some point almost every major EA brand...
BLOG: Charlie Lamdin’s radical long term plan to dismantle the power structure in the property industry and level the playing field, with bestagent.co.uk Charlie Lamdin, BestAgent’s founder, has been studying the property industry from the inside since 1998. He knows more...
DOCUMENTARY UNCOVERS: Agent dirty tricks Most valuations are actually too low 3 month lock-in contracts are dead ALSO: Shows all agents are not equal (but most will lose you money) Shows what to look out for in the agents who come...
Nobody thinks choosing an agent is a problem, until it costs you £30k. Chris and Cass Miller-Jones wanted to sell their house and planned to go with the agent they used ten years ago and already knew of as they didn't...
According to data from property site BestAgent around 900 estate and lettings agency offices have closed since July 2020, as at 1 Feb 2021. Despite this 4% closure rate (of around 22,270 agents listing live properties in that period) figures...