Half of sellers would recommend using their estate agent - research

Around half of sellers would highly recommend their estate agent, new research suggests.

Coaching platform the Property Academy’s latest Home Moving trends Survey shows 49% of sellers would recommend their agent.

That does suggest around half wouldn’t but it comes as the latest Ipsos Mori Veracity Index ranked agents among the least trusted professions.

Almost half of home movers said they would consider a newbuild home, which is almost 50% higher than a decade ago. No doubt, energy efficiency, consumption and cost are all factors that have caused many people to relook at new homes. 
 

Peter Knight, founder of Property Academy, commented on the survey findings. He said: “Broadly, the reasons people move can be divided into two: those moving for life stage, and those for lifestyle. Whilst birth, death, marriage and divorce rates remain reasonably constant, or they adjust over decades as opposed to annually, factors such as relocation for work have seen significant change in many areas.

“The ability to work from home has increased in importance, hence things such as broadband speed too. The increase in mortgage rates has deterred many from making lifestyle moves, but for those at a different life stage, staying put isn't an option.

“The survey has found that almost half, 49%, of all sellers would highly recommend their estate agent, and given that so many of the factors that can disrupt a smooth sale are out of an agent's control, this is confirmation that many do a first-class job for their clients.

“This data allows agents to fully understand the needs and priorities of their clients, helping them to adapt to the ever-evolving market and continue offering the best possible service.”