Online and hybrid estate agents’ market share is accelerating at the expense of their traditional counterparts despite the market slowdown, it has been claimed.
House Network, which was the UK’s first online agency when it was founded in 2003, says its sector of the industry is winning through by demonstrating strong consumer engagement and because price-sensitive sellers are increasingly looking to save money.
The claims have been made by its founder and CEO Mark Readings. His company says the number of people visiting its website has increased six-fold last month and that valuation requests jumped by over 1,600 percent.
Purplebricks (LON:PURP) is the leading next generation estate agency in the UK with operations in Australia, the US and Canada that combines highly experienced and professional Local Property Experts (Local Real Estate Experts in the US) and an innovative use of technology to help make the process of selling, buying or letting so much more convenient, transparent and cost effective. Purplebricks is transforming the way people perceive estate agents and estate agency.
