Self-employed estate agents have helped vendors to move faster over the last 12 months when compared to the other 24 top estate agency brands, claims eXp UK.
The platform for personal estate agents and estate agency businesses has based its claim on data provided by TwentyEA, which defines the top estate agency brands as those with the largest volume of instructions for sale over the last 12 months.
eXp UK has identified figures from TwentyEA to help promote its firm and the role self-employed agents play in the industry, revealing that agents signed up to the brand achieved an average time of 47 days – 42 days faster than the average time of 89 days taken across the top 25 biggest names in estate agency.
eXp UK also presents figures that shows it has taken the firm an average time of 123 days to progress transactions from agreed to exchanged; among the fastest estate agencies in the UK.
When it comes to the total property selling timeline, it has taken the average eXp UK agent 170 days to complete a transaction from start to finish, the fastest of all top 25 estate agencies, with the average time across the top 24 coming in at 213 days, the company adds.
The head of eXp UK, Adam Day, commented: “Our agents really are some of the best, most dedicated individuals within the UK property sector and this dedication really speaks for itself when you consider that they are outperforming the biggest employed brands in the industry when it comes to the time it’s taking them to sell – and that’s against a wider backdrop of market uncertainty and sluggish market conditions.
“This speed of sale doesn’t come at the cost of the seller in the form of lower asking prices either, but rather as a result of the drive they have to build their own successful brands within the space.
“Our agents receive the lion’s share of the commission they generate on each sale and this is the driving factor that sees them perform so strongly and consistently both with respect to the price they achieve and the speed at which they operate.
“They all deserve a well earned party at the eXp UK Christmas do, that’s for sure.”
