An analysis of property market listings by GetAgent.co.uk has revealed that over the last six months, Connells sits at the top of the corporate estate agency table having accounted for the most property market listings of all corporate agency brands.
GetAgent analysed property listing data to not only find which corporate estate agent was the most prominent in the current market but also which parent agent ranked top when taking their umbrella brands into consideration. GetAgent then looked at how they stacked up when looking at this listing activity as a percentage of all activity in the last six months to see which agent had the most listings.
In terms of individual brands, Connells is currently the most prominent corporate estate agent in current market conditions, accounting for 2.5% of all listing activity in the last six months. However, William H Brown has been hot on their heels accounting for 2.2% of listings, the only other agent to achieve a similar share of listings.
haart takes the last place on the podium where individual estate agency brands are concerned at 1.6%, although Savills (1.5%), Your Move (1.4%) and Arun (1.4%) aren’t far behind. Hunters, Winkworth, KFH, Bairstow Eves, Chancellors, Martin & Co, Reeds Rains, Knight Frank and Foxtons also make the top 10.
When adding umbrella brands into the equation, Connells’ market dominance becomes even more evident. In the last six months, Connells and its associated brands have clocked up an impressive 14.1% of all listing activity in the market.
In contrast, LSL ranks second but at just 3.2% of listing activity, they remain some way off the pace set by Connells.
SpicerHaart and its umbrella brands have accounted for 2.1% of listing activity, with the likes of Savills, Leaders Romans Group, Arun, Hunters, Thamesview, Winkworth, KFH, Chancellors, Martin & Co, Knight Frank, Foxtons and EweMove again making the top 10.
Founder and CEO of GetAgent.co.uk, Colby Short, commented: “The nation’s estate agents have really stepped up to service the huge levels of buyer demand caused by the stamp duty holiday and it seems as though Connells has been leading the charge in this respect. Of course, it’s important to note that in addition to the big corporate brands operating within the industry, there is also an army of independents helping to shoulder the burden.
Some may also note the absence of a certain online player but we felt it was important to compare apples with apples and keep the focus on proper estate agents. The low cost, DIY approach of the online sector is no substitute for the value of a traditional, full-service agent.
This has become particularly apparent in recent times with homebuyers and sellers seeing long delays and tricky selling conditions due to the market backlog. This is really when the experience and guidance of a proper estate agent comes into its own and they’re worth every penny of their fee.”