The market is off to a stronger start to 2023 than expected

Simon Thomas • January 6, 2023

Proactive estate agency is key to securing a sale

As we start the new year, it's natural to wonder what the future holds for the UK property market. While it's true that there may not be as many buyers as there were last year, it's important to keep things in perspective. According to one estate agent we spoke to today, homes are still receiving multiple offers and there are more homes coming to market than expected.


This is good news for homeowners looking to sell, as it suggests that demand for property is still strong. While it's important to be realistic about pricing, it's also important to remember that every market is different and there are always buyers looking for the right home at the right price.


One thing our contact emphasised is the importance of being proactive and taking a dynamic approach to marketing your home. This includes things like staging the home to make it more attractive to buyers, pricing it appropriately, and showcasing it using engaging marketing tools (video tour, anyone?). This can be especially important in a market with fewer buyers, as you want to make sure your home stands out from the competition.


Overall, while there may be some challenges in the UK property market this year, it's important to keep things in perspective and remember that there are still opportunities for homeowners looking to sell. By being proactive and working with a skilled estate agent, you can increase your chances of a successful sale.







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If you've read part 1 of this blog you'll be aware that the people who know most about consumer engagement (social media companies like Facebook & Twitter) are increasing their use of video because they've found it's what we like to watch and engage with, and what your local market prefers. So you should be using video to market your properties, but what should you consider when filming your own, or looking for a supplier to produce video tours that buyers will watch? As in part 1, we keep coming back to engagement - will potential buyers watch (enough of) your video? Too slow/long and viewers will very quickly switch off (we’re much less patient than we used to be). On the other hand, your video has got to show enough of the property so that they have a good ‘feel’ for it, and can decide whether they want to move on to the next stage & arrange to visit the property with you. Spending more time focusing on important areas whilst moving more quickly in the hall or going up the stairs etc. is generally a good rule. The next point to consider is more complex. You want the video to be ‘easy’ for the viewer to watch. You might ask how hard can watching a video tour really be? But if you feel like you’re about to walk into walls whilst swinging left & right, and permanently looking at the floor, as is the case with many DIY property videos, you’ll see what we mean. Filming watchable property videos is a skill that must be developed over time. How will you know if viewers are finding your videos engaging? The best way to check is looking at the average viewing time for each video … how long are people watching for? It’s easy to find this on hosting platforms like Vimeo & YouTube, but what sort of figure should you expect? Around 75% is a good target - much less than that is a sign that viewers are switching off too early. Assuming that you’re distributing your videos via the right channels … your website / property platforms / to your matched applicants list etc. you should really be getting close to this figure. (It’s worth uploading video tours to social channels too, but those aren’t targeted views, so don’t expect the same average watch time). It is possible for estate agents to film video tours to a standard that viewers will watch, but for many it’s a skill that takes too long to master in the first place, and too much out of your day to film/edit/distribute etc, when you should be winning instructions & selling homes.
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