Letting & Estate Agent Podcast

Jason Cannon helps Estate Agents be better Estate Agents

Jo Bourne, Estate & Letting Agency Trainer came to Grantham in January 2024 on the WatkinSofa to chat about Why Great Valuers Dont Make Awesome Managers

The UK Property Market for the week ending Sunday, 28th April 2024 (Week 17) saw an even better week for residential house sales than week before…. and that was the best week for Gross Residential Sales in nearly 2 years In this week’s UK Property Market Stats Show on YouTube with Ben Madden, the headlines are as follows .. · House Prices on the 102k Sale Agreed homes in April stands at £344/sq.ft (Feb ’24 & March ’24 both at £339/sq.ft & Jan ’24 to £331/sq.ft) . IMPORTANT : the Nationwide B/Soc drop announced on Wednesday, was foretold by a drop in £/sqft back in Nov 23 and Dec 24, when it dropped 3.57% - ITS NOW BOUNCED BACK and some! · Listings for last week (Week 17) - Just below last week’s listings, which was the highest week for listings since October 2020 · Total Gross Sales YTD are 10% higher than 2023 YTD levels and 7.0% higher than 2017/18/19 levels. The best week for Gross Sales in the Uk since July 2022 · Net Sales last week 4.1% higher than Week 17 2023, and 16.6% higher the 2024 weekly average. Best week for Net Sales since May 2022. · Sale fall-throughs still at just over 1 in 5 sales. 🔗 YouTube Link to The Show - https://youtu.be/ZetiwO6uaaY Chris’s In-Depth Analysis (Week 17) : * New Properties to Market: The UK saw 39,039 new listings. This year's YTD listings stand at 592,775, 11.7% higher than the historical 8 year YTD average of 530,322 and 9.4% higher YTD 2023. * Average Listing Price: £453,542 . * Average Asking Price of this week’s Listings vs Average Asking Price of the Properties that Sale Agreed this week: 24.6%. 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, 22,997 properties saw price reductions, a significant number compared to the 8-year Week 17 average of 14,886. This means 1 in 6.47 properties each month are being reduced (Long term average 1 in 9.9 per month) * Average Asking Price for Reduced Properties: £414,903. * Gross Sales: 27,712 properties were sold stc last week * Accumulative Gross Sales YTD: The total stands at 404,929, exceeding the average of 375,117 from 17/18/19 and 368,120 in the same week 17 in 2023. * Average Asking Price of Sold STC Properties: Still staying in the £350k/£360k range at £364,018. * Sale Fall Throughs: Similar to last week 5,930. For comparison, 5,131 YTD ’24 average weekly figure (& 7,590 weekly sale fall thrus in two months after Truss Budget in Q4 2022) * Sale Fall Through Rate: Decreased from last week, to 21.4% for the week (8 years average is 24.8%) * Net Sales increase from last week’s figure to 21,782. YTD ’24 average 18,688 * Accumulative Net Sales YTD: The total stands at 317,694, 5.3% higher the 17/18/19 YTD Net sales average (301,676) and 11.9% higher than the YTD figure for 2023 for Net Sales (2023 YTD : 283,793). This week’s local focus is on Slough Christopher

Peter Krelle, with over 30 years in the Land and New Homes sector, stands out for his profound expertise in this niche. His journey includes pivotal roles such as Managing Director at Countrywide and Spicerhaart Land & New Homes, and Sales & Marketing Director at Antler Homes. These positions have given him a deep understanding of the complexities in the Land & New Homes industry. Peter's forte lies in his extensive knowledge of new homes sites, gained from working across both agency and developer spectrums. This experience enables him to offer unparalleled insights into the nuances of house building, from conception to sales and marketing strategies. Now at Rayner Personnel, leading the Land & New Homes division, Peter focuses on delivering top-tier services in sales and marketing for house builders. In this chat we talk about his 10 Top Tips On How Estate Agents Can Get More Land And New Homes Business

Silvia Eldawi, started her property career with the famous Northfields Estate Agency in West London, going on be become Lettings Director with Lauristons (before they were bought out) then moved to Dubai around 7 years ago. She has managed prestigious properties for various elite clients including royalty and developers. Renowned for her excellence. She's mentored over 750 property professionals globally, focusing on exceptional service and strong networks. Silvia stays ahead of trends and technology, founding PROPOLOGI, Dubai's Real estate podcast which future-proof real estate agent professionals with comprehensive training and support. Her achievements include co-founding a successful proptech startup and winning numerous awards, making her a sought-after speaker and influential figure. In December 2023, she dropped by the WatkinSofa to chat all things on why Estate Agents So Bad At Training And Development

Evelyn Foster dropped by the Watkinsofa in January 2024 to chat all things

Jo Bourne, Estate & Letting Agency Trainer came to Grantham in January 2024 on the WatkinSofa to chat about Why Are You A Mentor For Agents Together

The UK Property Market for the week ending Sunday, 21st April 2024 (Week 16) saw the best week for Gross Residential Sales in nearly 2 years, best week for listings Oct 2020, yet that is all tempered with a worrying increasing amount of over valuing by Estate Agents In this week’s UK Property Market Stats Show on YouTube (link https://youtu.be/0I9Z_j0nf7E )with Kristian Stott, the headlines are as follows .. · House Prices on the 82k Sale Agreed homes in April stands at £343/sq.ft (March ’24 & Feb ’24 both at £339/sq.ft & Jan ’24 to £331/sq.ft) · Listings for last week (Week 16) - Highest since October 2020 · Total Gross Sales YTD are 9.9% higher than 2023 YTD levels and 9.2% higher than 2017/18/19 levels. The best week for Gross Sales in the Uk since July 2022 · Net Sales last week 8.5% higher than Week 16 2023, and 14% higher the 2024 weekly average · Sale fall-throughs still at just over 1 in 5 sales. (Over valuing by Estate Agents - the practice of some Estate Agents to over inflate the suggested asking price you put the home on the market for to secure your business, yet homeowners end up taking much longer to find a buyer, end up with less for there home and even up losing their dream home. The reasons are discussed at length in video) Chris’s In-Depth Analysis (Week 16) : * New Properties to Market: The UK saw 39,487 new listings. This year's YTD listings stand at 553,736, 11.2% higher than the historical 8 year YTD average of 497,991 and 9.9% higher YTD 2023. * Average Listing Price: £466,506 . * Average Asking Price of this week’s Listings vs Average Asking Price of the Properties that Sale Agreed this week: 28%. 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, 22,330 properties saw price reductions, a significant number compared to the 8-year Week 16 average of 13,917. This means 1 in 6.64 properties each month are being reduced (Long term average 1 in 9.9 per month) * Average Asking Price for Reduced Properties: £416,098. * Gross Sales: 27,071 properties were sold stc last week. * Accumulative Gross Sales YTD: The total stands at 377,217, exceeding the average of 351,027 from 17/18/19 and 341,883 in the same week 16 in 2023. * Average Asking Price of Sold STC Properties: Still staying in the £350k/£360k range at £364,382. * Sale Fall Throughs: Slight increase this to 5,982 Always have a jump after the easter holidays). For comparison, 5,022 YTD ’24 average weekly figure & 7,590 weekly sale fall thrus in two months after Truss Budget in Q4 2022. * Sale Fall Through Rate: Decreased from last week, to 21.66% for the week (8 years average is 24.8%) * Net Sales increase from last week’s figure to 21,089. YTD ’24 average 18,495 * Accumulative Net Sales YTD: The total stands at 295,912, 4.8% higher the 17/18/19 YTD Net sales average (282,342) and 12.6% higher than the YTD figure for 2023 for Net Sales (2023 YTD : 262,871). This week’s local focus is on Southend Stats / Charts available for personal use - https://we.tl/t-UYjXO1FuzO Christopher

Evelyn Foster dropped by the Watkinsofa in January 2024 to chat all things Mum Guilt In Estate Agency

Silvia Eldawi, started her property career with the famous Northfields Estate Agency in West London, going on be become Lettings Director with Lauristons (before they were bought out) then moved to Dubai around 7 years ago. She has managed prestigious properties for various elite clients including royalty and developers. Renowned for her excellence. She's mentored over 750 property professionals globally, focusing on exceptional service and strong networks. Silvia stays ahead of trends and technology, founding PROPOLOGI, Dubai's Real estate podcast which future-proof real estate agent professionals with comprehensive training and support. Her achievements include co-founding a successful proptech startup and winning numerous awards, making her a sought-after speaker and influential figure. In December 2023, she dropped by the WatkinSofa to chat all things UK vs Dubai Estate Agency