Greycoat Real Estate’s Insights: The Evolution of Seller Preferences and the Peril of Prioritizing Price Over Quality

 

Sellers tend to go for trusted estate agents to get value for their money. Recent research reveals shocking findings as sellers now seek cheap free agents. The analyzed data by Greycoat Real Estate for the last year indicate a change in sellers’ interest. 

 

For 12 months, the search for cheap estate agents has spiked by 53%. On the contrary, the search for the term high street estate agent has declined. From January 2023 to January 2024, Greycoat adds, the search has decreased by 45%. Other terms like local estate agent and best estate agent saw an increase of +12% and +27%, respectively.

 

To get more clients who are potential buyers, some agents have resulted in dropping fees. Greycoat Real Estate advises vendors on hiring the best agents even when the market is volatile. 

 

While cost is undoubtedly a factor, sellers must prioritize quality service. This is the colossal mistake many sellers are making, according to specialists at Greycoat real estate agency. Agents may look and talk the same, but their level of expertise isn’t.

 

Though they may bring a Rightmove report, some are more qualified. The value of a good agent outweighs the fees they charge. Besides getting a much better deal, they are very supportive through the stressful selling process. In the ever-evolving property market landscape, the value of professional agents such as the ones at Greycoat real estate agency remains unparalleled.