When the housing market re-opened, there was a significant spike in demand, which is perfectly understandable. During lockdown, some people’s circumstances will have changed, and other people will feel like a change of scenery, after having spent a lot of time at home.
Of course, while there will be many people looking to move as soon as possible, there will also be a group of people who want more advice and guidance before they commit to a house move. Both these groups will benefit from calling on an experienced agent who have a strong track record in the local housing market.
You must find an agent you trust
The CEO of The Guild of Property Professionals, Ian MacKenzie, released a statement on the importance of finding an agent you trust. It is imperative people feel confident about the moving process, and the right agent will make a massive difference right now.
MacKenzie said; “With the online sector of the market under immense pressure, now is the time that truly local, dedicated property professionals can shine. As the property market begins to move again and communities re-establish themselves, neighbourhood agents who are a part of their communities will be an intrinsic part of rebuilding the local economy and getting those regions back on their feet.”
An agent with local knowledge is of great value
You should also be looking for an agent who has considerable local knowledge. An agent who is familiar with supply and demand in the local area and what buyers are looking for will help you sell your home. This is a time for people to make informed decisions, which is why it is best to work with an agent who can help you make the right decisions.
Iain MacKenzie also said; “Now more than ever, consumers will want to work with a local expert who they trust and who can guide them safely through the process of selling and buying a property during these unusual times. Although the property market is open for business, ‘business’ doesn’t look the way it used to, and consumers will need an agent’s help to navigate the new normal.”
While both Zoopla and Rightmove provided figures indicating the spike in demand for property as the market re-opened, there has also been significant data from Yomdel Property Sentiment Tracker, which state:
- New vendor enquiries rose by 67.13%
- New buyer enquiries rose by 63.24%
- New landlord enquiries rose by 41.9%
- New tenants increased by 28.27%
Another thing to consider when moving forward in the housing market is people are looking to support local businesses as and when possible. This has been shown by a YouGov study which indicates two-thirds of respondents are looking to hire professionals from their neighbourhood. This makes it likely many people will be keen to employ the services of a local, and traditional agent, when they next make a move in the housing market.
At Williams of Petersfield, we aim to support the Petersfield community as much as we can, and we know this is an extremely trying time. A lot of people are looking for support and guidance, and if you have any property or housing related questions, we are more than happy to assist you, so contact us today.