Guild Agents Have Largest Market Share

Industry news :   24 - 02 - 20

As a member of The Guild of Property Professionals, Andrew Lodge Estate Agents is delighted with information recently released by analyst TwentyEA. It reveals that members of the Guild made up 5.56% of the market last year, based on 87,541 new instructions.

This figure grew to total market share of 5.7% new instructions in January – equating to 7,186 new listings, at an average asking price of £354,573.

According to the TwentyEA report commissioned by the Guild, based on new instructions, market share of others within the top five spots are: Countrywide at 4.80%, Connells at 3.86%, Purplebricks at 3.68% and LSL at 2.44%.

The report revealed that the Guild was also the leader when comparing SSTC market share at 5.92%, with 5,205 sales agreed during January.

Guild CEO Iain McKenzie said: “Our goal for this year is to continue to grow membership, as well as the market share of the existing Guild members.”

“We want to make it as easy as possible for our members to grow their business within their region and become the preferred estate agent in their respective areas.

“Through the large variety of products and services we offer, our members have the tools they require to take their business to the next level, provide a better customer service delivery and increase their revenue.”