Letting & Estate Agent Podcast Christopher Watkin
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- Business
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The Letting & Estate Agents Podcast
Having worked for some of the biggest names in the industry, Christopher now offers advice, actions and opinion in helping letting and estate agents grow their lettings and estate agency's. Christopher has proven methods on how to attract landlords and house sellers and helps many agents, using a technique that is designed (if implemented correctly) to grow any agency's turnover by at least 20% to 30% year on year. Its hard work and it requires buckets loads of patience though
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UK Property Market Stats Show - Week 12 Of 2024 - Ep.1821
The UK Property Market for the week ending Sunday, 24th March 2024 (Week 12) continues its onward journey with regard to a decent levels of transactions and house prices achieved.
In this week’s UK Property Market Stats Show on YouTube with Richard Durrant, the headlines are as follows ..
· House Prices on the 95k Sale Agreed homes in March stands at £341/sq.ft (Feb ’24 £339/sq.ft & Jan ’24 to £331/sq.ft)
· Listings for last week (Week 12) were 10% higher than Wk 12 Eight year average.
· Total Gross Sales YTD are 10.6% than 2023 YTD levels & 9% higher than 2017/18/19 levels. This is the best week for house sales in 44 weeks (and that was the highest sales week in the whole of 2023)
· Net Sales last week 13.6% higher than Week 12 2023 at 14% above the 2024 weekly average
· Sale fall-throughs still just over 1 in 5 sales.
🔗 YouTube Link to The Show - https://youtu.be/QbuK0cSs8vg
Chris’s In-Depth Analysis (Week 11) :
* New Properties to Market: The UK saw 37,973 new listings. This year's YTD listings stand at 408,266, 8% higher than the historical 8 year YTD average of 375,867 and 9.3% higher YTD 2023.
* Average Listing Price: £441,809.
* Average Asking Price of this week’s Listings vs Average Asking Price of the Properties that Sale Agreed this week: Increased slightly to 25%. The long-term average is between 16% and 17%.
* Price Reductions: Last week, 21,378 properties saw price reductions, a significant number compared to the 8-year Week 10 average of 14,536. This means 1 in 6.9 properties each month are being reduced (Long term average 1 in 9.5 per month)
* Average Asking Price for Reduced Properties: £395,593.
* Gross Sales: 26,435 properties were sold stc last week (a 3.7% increase from last week’s Gross Sales figures). For comparison, it was 23,897 for the same week 12 in 2023. Average for 2017/18/19 was 24,113 for Week 12 - therefore, all things continue to look well.
* Accumulative Gross Sales YTD: The total stands at 278,289, exceeding the average of 255,365 from 17/18/19 and 251,663 in the same week 12 in 2023.
* Average Asking Price of Sold STC Properties: Still staying in the £350k/£360k range at £353,131.
* Sale Fall Throughs: Increased slightly this week to 5,702, just above the 2023 whole of year average of 5,382 weekly fall-throughs and 7,590 weekly sale fall thrus in two months after there Truss’onomics Budget in Q4 2022.
* Sale Fall Through Rate: Increased slightly from last week, to 21.57% for the week (8 years average is 24.8%)
* Net Sales similar to last weeks figures at 20,733, above the 17/18/19 average of 19,555 for Week 12.
* Accumulative Net Sales YTD: The total stands at 218,333, 6.4% higher the 17/18/19 YTD Net sales average and 13.6% higher than the YTD figure for 2023 for Net Sales (2023 : 192,116).
Local Focus
This week’s local focus is on Kensington -
How To Create A 5* Customer Service In Your Estate Agency. - Ep. 1822
Jamie Minors is an estate Agent in Norfolk. In his early 30s, this chap has made huge waves in the East Anglian property market alongside his business partner Alex Brady with their Estate Agency Minors & Brady.
In this video Jamie talks about How To Create A 5* Customer Service In Your Estate Agency -
Proptech Disrupters - Ep.1820
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 Proptech Disrupters
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How To Motivate Under Performing Estate Agents Colleagues - Ep.1819
Jamie Minors is an estate Agent in Norfolk. In his early 30s, this chap has made huge waves in the East Anglian property market alongside his business partner Alex Brady with their Estate Agency Minors & Brady.
In this video Jamie talks about How To Motivate Under Performing Estate Agents Colleagues -
Women In Estate Agency Facebook Group - Ep. 1818
Jo Bourne, Estate & Letting Agency Trainer came to Grantham in January 2024 on the WatkinSofa to chat about the Women In Estate Agency Facebook Group
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Women In Senior Roles Of Estate Agency - Ep.1817
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 Women In Senior Roles Of Estate Agency
Customer Reviews
GREAT JOB!
WOW…Letting Agent Podcast is flat out awesome. Good production quality. Easy to listen. Very impressed Christopher. Keep bringing it.