“Hold on to your hats team” was the quote that marked the beginning of our incredibly busy first quarter. This morning, team Haus gathered around our kitchen table to discuss the past few months and the whirlwind of 2012 so far...
As the market rose from the ashes of the winter slump, January saw a considerable rise in the amount of stock and an even bigger rise in applicants. The end of January set the pace for the following months; the market becoming fast paced and unpredictable in nature. Due to the volume of applicants heavily outweighing available properties, the nature of the market is fierce – sadly, gazumping has become commonplace, so both vendors and applicants must demonstrate tenacity in order to succeed.
Team Haus have remained strong amidst the pace of the market, selling 90% of our stock for asking price or above. We are elated to have achieved such high prices and have been recognised by the press as being top of our game. We have featured in both local and national press including: The Guardian, The Sunday Times, The Telegraph, The Independent, City A.M., The Times, The Metro and The Fulham Chronicle. Not only that, but in March, Haus were proud to be voted NO.2 in The Housing Dabble’s Top 20 estate agency websites in the UK.
However, as happy as we feel about our progress, there is a severe lack of quality stock left in the Capital. It is fair to say that all estate agencies are experiencing the same problem with a record number of applicants outweighing the amount of available properties.
So from here onwards, Haus are focussing on supply and demand, acquiring more instructions to match our applicant’s needs. Three words resound at the end of our meeting –“instructions, instructions, instructions”!