Spotting opportunities key to 2023 success - claim

The most successful agents will be those who spot and act quickly on opportunities such as staging properties properly amid the uncertain economic headwinds of 2023, the UK head of Nest Seekers International claims.

Delivering his outlook for 2023, Solly Strickland, the UK managing director of Nest Seekers International, said he is sanguine about the prospect of a downturn and believes an “agile ability to capitalise on opportunity” will be vital in keeping the sector moving.

He said: “Property is cyclical. The market will dip but it will come back again. It is the first rule of real estate - houses always go up in value.

“There is invariably potential somewhere. The key is in spotting the opportunity and being quick-footed enough to act on it.”
 

He suggests a change in economic fortunes brings new emerging trends, adding: “In the London luxury market, nobody wants to renovate or refurbish at the moment so it’s a great time to list turnkey properties. The UK needs to embrace staging properties for maximum return – put the effort into giving every listing the movie star makeover.”

Strickland said international interest in London remains, particularly in the prime locations of Mayfair, Regent’s Park and Marylebone. 

He said: “This is principally from America but there are a lot of French buyers in the market as well. We will continue to bridge the gaps between foreign markets through fast-paced communication systems in this increasingly digital age.”