Homes One, independent London property search consultants, try to explain what has brought about this sudden shift, and why they believe that in a few years time the majority of buyers in Central London will be represented in this way.
There are two main reasons for this shift.
The first is the sheer expense of property in Central London
As prices have consistently risen over time, buyers are now investing huge amounts of money into a single purchase. Most people wouldn't invest hundreds of thousands of pounds in the stock market without professional guidance - the same is now true of the property market.
Unfortunately, Estate Agents earn their fees by persuading buyers to pay the highest price possible.
Property Agents London, on the other hand, use their expert knowledge, including information the general public cannot access, to ensure their clients buys well.
The second reason is supply.
Over the last few decades, Central London property has increasingly become a global commodity. Not only have prices and demand therefore gone up, but supply has actually gone down.
Internationals do not sell their properties as often - they are long term investments rather than purely homes. To make matters worse, in some parts of London almost one in four properties is now sold 'off market'.
They are not accessible through property agents or normal property websites like Prime location. Instead they change hands between property agents in London and their clients, never being available to other buyers.
The net result is huge competition for the best properties. Since offers through London property agents are the preference of estate agents, and many off-market opportunities are only available to buying agent's clients, they are rapidly approaching a 'tipping point' - where people can no longer risk buying without representation.
Clients always work with a their directors, each of whom has vast expertise in all areas of acquisition - from sourcing properties and negotiation techniques, to links with vetted professionals who will cater for all their related needs. They can relax, knowing an expert is saving them time and stress, while helping them make the best, informed decisions throughout.
Homes one is a self-governing London property agents consultancy, based in central London. They make your London property search simpler and to a single point of contact. Property finders London helps you to locate properties available in London - both on and off the market.
HOMES - ONE Ltd.
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Since 2005 Homes-one.com has worked with variety of local and international clients looking to purchase their dream home or property investment in London. We abridge your search to a single point of contact.