Over 100% increase in new buyers

June 16, 2020

Having looked at our applicant registration rates over the last 3 weeks, in the time following the ease of lockdown measures for estate agents, we have observed over 100% increase in new buyers coming to the market.

The days following 13th May when estate agents were able to reopen, saw a huge jump in buyer activity with Rightmove recording their highest traffic ever! However, using our own data, we can see that this increase is not only being sustained but is rising…

Over the course of 2 weeks from 18th May, we witnessed a 113% increase in new buyers registering with us.

With such an increase in new buyers, along with the existing database who likely put their search on hold during lockdown, we’re excited about the prospect this holds for the local property market.

Our Fleet branch have demonstrated that the buyers are not just quantity, but quality, with four sales agreed on first viewings just last week.

If you’re thinking of selling, but want to understand what the current market means for your moving plans, do get in touch, we’d be happy to share our thoughts and experience with you.

To discuss your moving options, please contact your local branch.

 

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