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Self Employed estate agency claims to have almost doubled in 2024 – London Wallet

Mark Helprin by Mark Helprin
December 11, 2024
in Real Estate
Self Employed estate agency claims to have almost doubled in 2024 – London Wallet
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A self-employed estate agency platform says it has grown by just over 95% in 2924, but has provided little evidence to support its claim.

Moveli only offers percentages to illustrate its growth, supported by data provided by property data consultancy TwentyEA.

It adds that the number of transactions completed by its brokers are up 8.1% with a year on year growth of 22.8%.

Revenues for Moveli are already up 32% in the same time period, according to co-founder Ben Littlewood. But again no supporting evidence was provided.

Moveli adds that it ‘prides’ itself as one of the biggest ‘upper-market brokerages’ in the UK and their sales trajectory seems to reflect this, with the number of sales in 2024 above £2m increasing by 21% – again, no supporting evidence given.

Average fees are also up on average 5.5%. Something Moveli’s MD James Giblin says is “testament to the improved service the brand is delivers”.

Littlewood said: “It’s great to see Moveli’s success, cementing the brand as the ‘upper market brokerage’ in the UK. We have some very exciting plans for 2025, and expect our strong growth to continue as we invest more into the network.”

EYE has requested further information.

 





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