The average agent is listing 26 properties in the current market, according to the latest research by eXp UK.
The platform’s analysis also shows that it’s agents in Liverpool who are the busiest, listing an average of 46 properties per agent.
eXp UK analysed current market data on the number of estate agents found across 15 major cities in Britain, before looking at the number of homes listed for sale across each city, to reveal just how many homes the average agent currently has on their books.
The research shows that across these 15 major cities as a whole, there are some 4,519 agents operating within the current market. With some 116,309 homes listed for sale, that’s an average of 26 listings per agent.
When it comes to the busiest agents in the current market, none are busier than those in Liverpool, where the average agent is balancing no less than 46 properties listed for sale.
Bradford isn’t far behind, with the average agent having 44 homes currently listed for sale, while Nottingham completes the top three at 38.
Leicester (31 homes) and Manchester (30 homes) also rank highly, while Brighton is home to the busiest agents in the South at present (30 homes).
In contrast, the average agent in Glasgow is listing just nine properties, the lowest level of all 15 major cities analysed by eXp UK, followed by Edinburgh (16 homes) and Newcastle (20 homes).
Adam Day, head of eXp UK & Europe, commented: “Whether you’re a large corporate, an independent or self-employed, listings and leads are the lifeblood of any estate agency business, ensuring that there is a robust pipeline of properties reaching the market and, ultimately, converting in order to earn a living.
“But maintaining this pipeline is arguably one of the hardest parts of being an estate agent, particularly when operating within a fiercely competitive pocket of the market.”
Read the orginal article: https://propertyindustryeye.com/research-reveals-the-city-with-nations-busiest-estate-agents/
