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KEYWORD "price reductions" - 82 RESULTS
Substance AND style: The real reason independents are leading the charge in London’s prime markets

I have been an agent for 25 years and have represented a large corporate agency and Anderson Rose (my own independent...

17 August 2024

From: Features

LonRes: Half of prime properties sold this year had price reduction

Almost half of properties sold in prime central London (PCL) this year had a price reduction, research suggests. The latest data from...

18 June 2024

From: Breaking News

LonRes: Longer sales times are creating ‘vicious cycle’ of fall-throughs

Prime London property sales are taking longer to go through once under offer, which is creating a vicious cycle of fall-throughs,...

16 May 2024

From: Breaking News

Varying property market performance shows benefits of local agents - report

Local property market performances vary from 12% gains to price reductions of as much as 24% since the pandemic house price...

13 May 2024

From: Breaking News

Hamptons: Price reductions decline as sales 'bounce back'

Price reductions fell to an 18-month low in April as transactions recover faster than prices, new industry data reveals. Figures from Hamptons,...

10 May 2024

From: Breaking News

PropTech Today - Three Ways To Win In A High Reduction Market

Choosing the right prospecting software can be the difference between finishing the year on a high or finishing it below target. Although...

03 May 2024

From: Breaking News

The art of negotiation in a buyer's market

Many agents may perceive that the need to negotiate only comes into play at the point of offer if a property...

30 March 2024

From: Features

Zoopla: Property market is improving but buyers remain price-sensitive

Lower mortgage rates gave the housing market a boost in February with supply and sales all moving higher, Zoopla claims. The portal’s...

29 February 2024

From: Breaking News

Hamptons: Housing market has “firmly turned the page” as activity improves

The housing market is "turning a page" with fewer price reductions and higher achieved prices, Hamptons claims. A January market activity update...

14 February 2024

From: Breaking News

Zoopla: Home sales rising but buyers’ market prevails

Property supply and demand have rebounded since the start of the year amid falling mortgage rates but sellers are still making...

29 January 2024

From: Breaking News

Hamptons: Record number of homes sold at a discount in 2023

A record 50% of homes sold in England & Wales last year were purchased following a price reduction, Hamptons analysis has revealed. The...

10 January 2024

From: Breaking News

Asking prices cut on hundreds of listings per day - research

Hundreds of properties are having their asking prices cut each day, new analysis reveals as agents and sellers continue to try...

07 December 2023

From: Breaking News

Rightmove predicts 1% asking price drop in 2024

Rightmove is anticipating a 1% average drop in national asking prices by the end of next year. The latest forecasts from the...

04 December 2023

From: Breaking News

Hamptons: Some sellers still ‘holding out for last year’s prices

Agents are securing sales closer to asking price but properties are taking longer to sell, new data suggests. Analysis by Hamptons, using...

05 October 2023

From: Breaking News

Chestertons: Price reductions declining as buyers return to the capital

Fewer sellers are willing to cut their asking prices, Chestertons claims. The agent said vendors in the capital have already priced in...

21 September 2023

From: Breaking News

Mark Bevan, Sales Director at Loop.

Who are you and what does it say on your business card? My name is Mark Bevan and I am the Sales...

30 August 2023

From: 60 Second Interview

House price cuts hit their highest level for nine years

Price reductions have reached their highest level in at least nine years according to estate agency Hamptons.   Some 50 per cent of...

08 August 2023

From: Breaking News

Price reductions rise but sellers aren’t giving up

Agents are facing challenges of rising price reductions but fewer listings are being withdrawn and the level of fall-throughs is dropping,...

12 July 2023

From: Breaking News

Rightmove: ‘Price realistically or face lost sales’

Agents have been urged to price realistically as Rightmove revealed data showing the impact of asking price reductions. Tim Bannister, director of...

28 June 2023

From: Breaking News

'Cheerleader’ estate agents take 11 weeks longer to sell listings - claim

A high-profile agency brand has hit out at “cheerleader’ estate agents” who it claims encourage vendors to push up the asking...

13 June 2023

From: Breaking News

Hometrack unveils property listings analysis product for agents

Hometrack has launched a property listings data product for agents to help analyse their local market. Powered by Zoopla data, the product...

04 May 2023

From: Breaking News

Price reductions on the rise - warning

The number of listings that were reduced during January to March increased by an average of 102.5% compared with the same...

19 April 2023

From: Breaking News

Purplebricks tops leaderboards for sales and listings

Purplebricks was the top brand for new listings and sales agreed during March, new data shows. A new quarterly market report launched...

17 April 2023

From: Breaking News

7 tactics to generate more successful viewings with Reapit

Taking a proactive approach with viewing generation can increase foot flow through properties and generate more offers, and ultimately close more...

28 March 2023

From: Sponsored Content

Hamptons: Homes are taking longer to sell but prices are improving

Last month marked the slowest February to sell a home since 2013 but prices are improving, new analysis claims. Insight from agency...

08 March 2023

From: Breaking News

LonRes: The prime London pandemic boom is over

Record numbers of prime properties were reduced in price last month as the pandemic boom is officially over, LonRes claims. Analysis by...

16 February 2023

From: Breaking News

Sellers are slashing asking prices by up to 20% - claim

Vendors are cutting asking prices by as much as 20% on average to secure a sale, new research claims. Quick-buy firm House...

08 February 2023

From: Breaking News

Agency stock grows but sellers must adjust expectations - Zoopla

Agents are seeing more stock coming to the market but Zoopla is warning about seller expectations. The latest Zoopla House Price Index...

30 January 2023

From: Breaking News

Getting social! Agent launches weekly local video updates

Independent estate agent DM & Co. Homes has launched a weekly update on the regional housing market presented by managing director...

20 January 2023

From: Breaking News

Agency sector facing one fall-through per minute - claim

The estate agency sector is close to being hit by a fall-through per minute as an industry veteran warns that the...

05 December 2022

From: Breaking News

Industry veteran warns of 20% house price drops

Industry veteran Harry Hill has become the latest to warn of a drastic decline in house prices. The Rightmove founder and former...

05 December 2022

From: Breaking News

Increasing numbers of SSTC homes returning to the market – Zoopla

One in 15 homes formerly sold by agents are returning to the market after the original sale collapsed, new data shows. Analysis...

28 November 2022

From: Breaking News

Property sellers urged to resist asking price cuts

An estate agency firm is urging sellers to resist cutting asking prices. Tom Cranenburgh, of GetanOffer, which describes itself as a quick...

14 November 2022

From: Breaking News

Rightmove: 'Some movers are pausing but others are rushing to complete'

Agency stock has hit the highest level so far this year but it seems to coincide with a decline in demand...

17 October 2022

From: Breaking News

Two weeks later - Zoopla warns demand and sales have dropped since mini-Budget

Buyer demand has dropped by a fifth in the fortnight since the mini-Budget while supply has increased from worried homeowners, Zoopla...

14 October 2022

From: Breaking News

Agents facing falling demand as asking price cuts rise

Property demand has dropped while price reductions have increased in recent weeks, data shows. Two separate pieces of industry data give new...

04 October 2022

From: Breaking News

‘Slow to sell properties’ command discounts of up to 17% - research

Properties that are slow to sell are typically commanding a discount of up to 17% off England’s average house price, research...

12 September 2022

From: Breaking News

Agents 'unprepared for necessary conversations' on unsold listings

Agents are being urged to discuss pricing with vendors after research shows 52% of listings have been on the market for...

01 August 2022

From: Breaking News

Industry veteran warns technology has made some agents lazy

Former Countrywide boss Bob Scarff has warned that estate agents have become too reliant on alerts, emails and text messages for...

07 July 2022

From: Breaking News

Price reductions on the rise as buyers become 'more sensitive' - Zoopla

The property market is starting to get hit by price cuts and slower sales times. Research by Zoopla has highlighted that one...

30 May 2022

From: Breaking News

Market insights with Sam Hunter: very much a changing market

In this latest video interview zoning in on the current property market, and the stats, facts and data behind its present...

25 May 2022

From: Features

Portal launches tool predicting when vendors switch agent

A free to list portal has launched a tool which it claims will predict a seller’s propensity to switch agents.  Residential People...

31 January 2022

From: Breaking News

Agency identifies plenty of price reductions even in today’s market

The market may be soaring in most of the country but there are still locations where significant numbers of properties sell...

12 November 2021

From: Breaking News

Bumper end of year likely despite summer sales dip - Homesearch

Newly instructed properties across the country dropped by 10 per cent in August compared to July’s numbers, according to Homesearch. The company,...

07 September 2021

From: Breaking News

Stamp Duty cliff-edge means price renegotiations underway

Price renegotiations are underway between buyers and sellers in danger of missing Wednesday’s stamp duty holiday deadline, says Knight Frank. The agency...

28 June 2021

From: Breaking News

Get ready to party - London's market is bouncing back

The London housing market is enjoying the end of the lull before the storm, according to a leading buying agent. Sara Ransom...

24 March 2021

From: Breaking News

Why do over 50% of instructions sell with the second agent?

Recently I heard the stat that over 50% of property is sold with the second agent, which was backed up by...

10 March 2021

From: Features

Buyer feedback is key in helping agents adapt to market changes

Buyer feedback is a key resource for agents who want to keep on top of market changes and so handle vendors’...

09 December 2020

From: Breaking News

Third of sellers won't budge on asking price despite buyer requests

Almost a third of property sellers (29%) say they won't accept a lower offer for their property, according to new research. Online...

18 September 2020

From: Breaking News

Multi-agency sales operation wins high-profile new investor

An unusual property sales concept, which signs up vendors and then effectively sub-contracts their sales to strongly-performing local estate agents, has...

18 August 2020

From: Breaking News

Portal Fees: Rightmove, Zoopla and OTM explain their charges

We recently asked readers for their questions to the portals - the questions they couldn’t really ask their local reps, but...

09 December 2019

From: Breaking News

Big rise in London sellers slashing asking prices, admits agency

A London estate agency chain says It’s seen a 59 per cent surge in the number of its clients who have...

21 October 2019

From: Breaking News

Agency downgrades London and UK market forecasts

Cluttons has downgraded its forecasts for the housing markets in London and the rest of the UK for the remainder of...

12 September 2019

From: Breaking News

Over-valuing: agents fight back after press allegations

There’s anger in the industry over an article in The Times which accused agents of overvaluing properties - although why this was happening...

08 April 2019

From: Breaking News

Purplebricks stock downgraded 80% by investment bank

Analysts at Berenberg Bank have sharply reduced their price target for Purplebricks by over 80 per cent from 470p to 80p, accusing...

05 April 2019

From: Breaking News

Purplebricks price reductions: anonymous blog makes new allegations

An anonymous estate agent has renewed his attack on Purplebricks after an article in The Times at the weekend. Estate Agent Today...

01 April 2019

From: Breaking News

Purplebricks fakes some price reductions, agent claims in The Times

An estate agent who operates an online blog has told The Times that Purplebricks has faked price reductions. Other tricks which the agent reveals about...

30 March 2019

From: Breaking News

Typical asking price cut on a ‘doer-upper’ is 17% or  £40,000

Homes that require major structural work have asking prices which are on average £40,000 below the market norm, according to research...

09 November 2018

From: Breaking News

PropTech Today: Transparency and control - two conflicting tech challenges

I am currently in the back of a taxi. The deadline for this piece is looming and I am desperate to...

31 October 2018

From: Breaking News

A surge in sellers pricing sensibly - Rightmove reports a mini-boom

Rightmove is reporting a mini-boom as the autumn market gets into gear, with a surge in buyers and a one-month rise...

17 September 2018

From: Breaking News

Brexit and SDLT 'causing market to stagnate' warns property specialist

A downbeat report from property investment specialist London Central Portfolio says “there are very few causes for optimism in the domestic...

29 August 2018

From: Breaking News

Rightmove says it's a 'summer sale' - with Connells leading price cuts

Rightmove says the housing market is now into a ‘summer sale’ as newly-marketed property shows an average asking price fall of...

20 August 2018

From: Breaking News

More mixed messages from London as agents report contrasting figures

The London market continues to produce unexpected results with two high end agencies reporting contrasting fortunes.  Half year figures released by Chestertons...

07 August 2018

From: Breaking News

Agency figures prove a well-priced property sells fastest - company chief

An estate agency chain has produced strikingly successful sales figures for the first half of the year - evidence, it says,...

05 July 2018

From: Breaking News

Cuts in asking prices reach six-year peak as market may be stalling

More stock and longer times on the market are combining to create a surge in asking price reductions according to a...

13 June 2018

From: Breaking News

Asking price reductions on the rise as market loses momentum

Property sellers in the South of England are having to accept asking reductions in order to achieve a sale.  Data from Hometrack...

30 May 2018

From: Breaking News

 PropTech Today: Selling my flat - even tech can’t help a quiet market

That’s it. I’ve given up. The lull has continued and it’s becoming quite a bore.  The price drop hasn’t worked. The revamped...

16 May 2018

From: Breaking News

Prices fall again in prime central London, admits Knight Frank

Average prices dropped another 1.1 per cent in prime central London in the year to March according to new figures released...

06 April 2018

From: Breaking News

Great expectations can be a dickens of a problem

Great Expectations was a fantastic novel-cum-social-history written by Charles Dickens, who once lived in my adopted home city of Portsmouth. But these...

17 June 2017

From: Features

Registered buyers up, property supply down says NAEA

The average number of prospective buyers registered in each branch in January was 425, a 10 per cent rise from December...

28 February 2017

From: Breaking News

10%+ prime London price cuts not uncommon says buying agency

Another agency says price reductions of 10 per cent or more are often found in some prime central London areas such...

27 January 2017

From: Breaking News

Some prime London properties 'now 35% off their peak prices of 2014'

Prominent top end London estate agent Trevor Abrahmsohn says some homes in the higher levels of the market may now have...

07 December 2016

From: Breaking News

Overseas buyers 'use Brexit as excuse to seek 10%-plus price cuts'

Knight Frank says overseas buyers are not only benefitting from a significant drop in the effective price of central London properties...

14 November 2016

From: Breaking News

LED Display Range Clearance

Mid West Displays has established a reputation as a leading manufacturer of window & interior display solutions and products. The LEDMAG...

02 November 2016

From: Sponsored Content

£100,000-plus asking price cuts commonplace in central London

Figures from London data consultancy Lonres show that since the referendum the average price cut on homes across most of central...

26 October 2016

From: Breaking News

Price-cutting of homes on sale at three-year high says website

A property website monitoring the housing market claims that the propertion of homes cutting their prices whilst on the market has...

13 October 2016

From: Breaking News

Agents that find balance for their clients are going from strength to strength

Given the uncertainty that shrouded the immediate build up to, and aftermath of, the EU referendum, the current lettings market in...

16 September 2016

From: Features

What has been the Brexit impact on the housing market so far?

The morning after the EU referendum, and Westminster, Britain, Europe and the world were left in shock at the news that...

05 August 2016

From: Features

Over 80% of recent prime central London sales have had price cuts

Buying agent Johnny Turnbull claims that 83.2 per cent of the properties sold in prime central London in the second quarter...

13 July 2016

From: Breaking News

Data firm reveals scale of asking price reductions in central London

Data company Propcision has quantified the scale of asking price reductions on some prime central London properties, with many dropping by...

20 May 2016

From: Breaking News

High-end prime central London likely to see more price falls, warns agency

Winkworth, the franchise giant with most offices concentrated in or close to London, says the high-end of the capital’s prime market...

29 March 2016

From: Breaking News

Market has lowest price reductions for five years says portal

Buyers are finding haggling over house prices increasingly difficult with the typical property currently reduced by just 6.05 per cent from...

23 June 2015

From: Breaking News

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