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TODAY'S OTHER NEWS

Average viewings per sale soar to 19, says buying company

The average number of viewings received by properties before a sale is agreed has risen from 11 in 2015 to 19 now.

The data, from buying company Quick Move Now, comes after a claim from the same firm recently that the number of fall-throughs in the market has now risen to 38.8 per cent - the highest for a decade.

“The UK property market is currently facing some big obstacles. Ongoing political challenges and financial uncertainty mean both buyers and sellers are acting cautiously. This is undoubtedly affecting the market, making it slower and more uncertain” says the company’s managing director, Danny Luke.

QMN’s data suggests that there were 11 viewings on average in 2015, then 15 in both 2016 and 2017; now it has risen to 19.

The public, however, appear to underestimate the number of viewings likely before a buyer is found. QMN’s survey of the public revealed that over half believed only six viewings were required in a typical sale.

The firm has also surveyed people about their biggest worries when selling a property.

The possibly long period of time it would take to find a buyer was the biggest worry for 30.5 per cent; the cost of moving was key for 20.6 per cent; and collapsing chains was the major issue for 15.4 per cent. 

Some 17.4 per cent were worried about failing to achieve their asking price.

  • Peter Ambrose

    Shame to spoil such a beautiful day with more doom and gloom from QuickMoveNow.

    What is the sample size please and where DOES this data come from? 38% fall throughs and double viewing rates?
    Please can we see the source, numbers and region?

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