Letting & Estate Agent Podcast Christopher Watkin
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The Letting & Estate Agents Podcast
Having worked for some of the biggest names in the industry, Christopher now offers advice, actions and opinion in helping letting and estate agents grow their lettings and estate agency's. Christopher has proven methods on how to attract landlords and house sellers and helps many agents, using a technique that is designed (if implemented correctly) to grow any agency's turnover by at least 20% to 30% year on year. Its hard work and it requires buckets loads of patience though
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Bored Estate Agency Bosses - Ep. 1870
Steve Wayne, boss of Benjamin Steven Estate & Letting Agents dropped by the WatkinSofa in early 2024 to chat about Bored Estate Agency Bosses
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Are Estate Agents Are Too Assumptive - Ep.1869
Jason Cannon helps Estate Agents be better Estate Agents
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Ben Gee - My Estate Agency Story - Ep.1868
Ben Gee, Estate Agent, was diagnosed with Parkinson in his early 30s. So like any sane person, he chucked in his successful Director role at a London corporate estate Agency and started his own Estate Agency . In 33 months, he has 5 High Street branches - and growing
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Is There A Problem With Rent To Rent In 2024 - Ep. 1867
Paul Shamplina to Grantham to sit on the WatkinSofa in January 2024. in this chat, I asked him if There A Problem With Rent To Rent In 2024?
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UK Property Market Stats Show - Week 21 2024 - Ep.1865
The UK Property Market for the week ending Sunday, 26th May 2024 (Week 21) saw the record breaking for Gross house sales - the best since May 2022
In this week’s UK Property Market Stats Show on YouTube with Iain White, the headlines are as follows ..
· House Prices on the 97k Sale Agreed homes in May stands at £348/sq.ft (April ’24 - £344/sq.ft, March ’24 & Feb ’24 both at £339/sq.ft & Jan ’24 to £331/sq.ft). House prices are 5.1% higher than
· Listings - 3rd best week for listings in 2024
· Total Gross Sales YTD are 10.2% higher than 2023 YTD levels and 7.8% higher than 2017/18/19 levels.
· Net Sales - 15.4% higher the 2024 weekly average & 2nd best week in nearly two years
· Sale fall-throughs remain steady at just over 1 in 5 sales.
🔗 YouTube Link to The Show - https://youtu.be/Sg3yUqK2Sno
Chris’s In-Depth Analysis (Week 21) :
* New Properties to Market: The UK saw 39,443 new listings. This year's YTD listings stand at 745,714, 13% higher than the historical 8 year YTD average of 659,904 and 9.9% higher YTD 2023.
* Average Listing Price: £459,387.
* Average Asking Price of this week’s Listings vs Average Asking Price of the Properties that Sale Agreed this week: 24.4%. The long-term average is between 16% and 17%. Over valuing in the whole of the UK, higher valuing properties for sale (downsizing) and a lower propensity of London & SE properties to sell causing this.
* Price Reductions: Last week, 20,663 properties saw price reductions, a significant number compared to the 8-year Week 18 average of 14,286. This means 1 in 7.17 properties each month are being reduced (Long term average 1 in 9.9 per month)
* Average Asking Price for Reduced Properties: £410,729
* Gross Sales: 27,929 properties were sold stc last week
* Accumulative Gross Sales YTD: The total stands at 511,836, exceeding the average of 474,975 from 17/18/19 and 464,617 in the same week 21 in 2023.
* Average Asking Price of Sold STC Properties: Still staying in the mid £360/370k’s range at £369,397.
* Sale Fall Throughs: Similar to last week at 6,203. For comparison, 5,292 YTD ’24 average weekly figure (& 7,590 weekly sale fall thrus in two months after Truss Budget in Q4 2022)
* Sale Fall Through Rate: Similar to figures seen in the last few months, to 22.1% for the week (8 years average is 24.8%) (Remember it was 40%+ in Q4 2022)
* Net Sales - at 21,726. YTD ’24 average 19,081.
* Accumulative Net Sales YTD: The total stands at 400,697, 5.4% higher the 17/18/19 YTD Net sales average (380,134) and 11.5% higher than the YTD figure for 2023 for Net Sales (2023 YTD : 359,523).
Graphs - https://we.tl/t-KNwuogGajh
This week’s local focus is on Darlington
Christopher -
How Tech Has Changed Estate Agency In Last 20 Years - Ep. 1864
Steve Wayne, boss of Benjamin Steven Estate & Letting Agents dropped by the WatkinSofa in early 2024 to chat about How Tech Has Changed Estate Agency In Last 20 Years