54.7% of the UK public believe properties sell after an average of six or less property viewings. In reality, it currently takes an average of 19 viewings before a sale is agreed, and that figure is on the rise.
The research, carried out by Quick Move Now to mark its 20th anniversary, found that the average number of viewings it takes to sell a property has risen from 11 to 19 in the last three years.
|Year||Average number of viewings before a sale is agreed|
Speaking about the research findings, Quick Move Now’s managing director, Danny Luke, commented: “It’s clear that the public are vastly underestimating the average number of viewings it takes to sell a property. 54.7 percent believe properties sell in an average of six or less viewings, and with 30.54 percent of the public listing the time it takes to find a buyer as their biggest worry when selling a property, it seems it is an area of concern for many people.
“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.
“When my father started Quick Move Now, 20 years ago, he did so because years of experiencing working in senior positions within the UK property industry had convinced him that homeowners were desperately in need of a quicker and more secure alternative to selling your property on the open market.
“Although we’ve been buying properties directly from homeowners for two decades, a significant proportion of homeowners still assume that selling their property on the open market is the only option available to them. That is simply not the case.
“If you are concerned about how long it will take to find a buyer for your property, there are several things you can do. Ensuring you price your property correctly from the start will help it perform competitively against other properties on the market. If you’re planning to sell on the open market, it is also important to select the right estate agent, with a proven track-record of selling similar properties in your area. And, if the speed and certainty of the sale are the most important factors in your sale, don’t be afraid to call in the professionals and ask a genuine cash home buyer to make you a free, no-obligation offer.”
Results: How many viewings do you think a property has, on average, before a sale is agreed?
|Number of viewings||Percentage (%) of respondents|
Results: When selling a property, what would be your biggest concern?
|Answer||Percentage (%) of Respondents|
|The amount of time it will take to find a buyer for the property||30.54
|The cost of moving
|Achieving our asking price
|Whether the sale will fall through before completion
|The amount of effort and hassle involved in selling a property