Andrews attracts fifteen times more movers than the average agent

During the run up to the original, much debated and now delayed introduction of Home Information Packs (1st June), Andrews - Estate Agency, attracted 15 times more sellers than the national average.

In the weeks preceding the now delayed HIPs deadline, a flood of sellers trying to sidestep the requirement for a pack flooded an already teeming market and agencies across England and Wales were reported to have seen an average increase of 3.6% more client’s on their books. The number of home movers registering with Andrews however rose significantly more to a staggering 55%, more than 50% higher than the average agency in England and Wales.

Instructions received were also on the up and whilst the national average saw a minimal 4% rise on the same four week period in 2007, Andrews once again proved it was way ahead of the game. With a massive 25% increase on last year’s figures, Andrews received – more than six times above the national average. The company also saw a 32% rise its own figures from the previous four week period this year.

“This is a phenomenal uptake and I am delighted so many people are choosing Andrews. We are the UK’s Number One Estate Agency and people know we are a name they can trust. We are a company founded on integrity and principle and are the only estate agency in the country to have been awarded a plain language accreditation on our Terms of Business, all of which attracts people back to use us time and time again”, said Andrews Group Chief Executive Michael Robson.

Whist the figures currently look good, with Tuesday’s announcement that HIPs are to be postponed until the beginning of August and only then being applied to four bedroom plus properties, is the market now set to slide?

“We traditionally see a dip in prices as the year progresses and the dramatic price rises we have seen so far in 2007 were beginning to slow even before Tuesday’s announcement. Despite all the recent HIPs confusion – which has left many sellers not knowing if they’re coming or going, it is still currently a very good time to sell and I think the savvy vendors out there will recognise this.”

“With the average property going for just shy of £250,000 clients selling over the next few months still look set to receive a very good price indeed. And given the most recent HIPs twist, I would advise anyone thinking about selling to get on the market now should the situation change once more” concluded Michael Robson, Andrews Group Chief Executive.