The latest research from estate agent comparison site, GetAgent.co.uk, has revealed where the country’s top performing estate agents currently stand when it comes to the guaranteed price for the average property, with the top performing reaching an average 118% of the original asking price.
The latest figures show that in 43% of postcodes, estate agents are achieving average sale values of 100% or more of the asking price.
However, the best performing estate agents are currently located in the Pembrokeshire postcode district of SA36, where the average sale value is 118% of the asking price.
In Northumberland’s NE67, the average sale value is 112.5% of the asking price, and in Liverpool’s L27, agents get 107.8% of the asking price.
Agents from Sheffield’s S11 achieve 107.1% of the asking price, followed by a second appearance for agents from Northumberland in the top 5, with those in the postcode district NE69 averaging 107% of the asking price.
Even in the relatively sluggish London housing market, where agents have faced the biggest challenge in hitting asking prices, they are performing strongly.
In today’s toughest market, W1W in Westminster, agents achieve an average sale value equivalent to 87.7% of the asking price, while in W1K and the City of London’s EC4V, agents reach 88.6% and 89.2% respectively.
Mal McCallion, COO of GetAgent.co.uk, commented: “Over the past two years, our country’s brilliant estate agents have worked harder than ever under the weight of unprecedented demand from homebuyers, triggered in large part by the government’s stamp duty holiday introduced in start of the pandemic.
“Today, the peak of this demand is well behind us, but we are still seeing a high level of activity in the market and the fact that agents are still able to guarantee their customers such impressive sale prices is a testament to their hard work and professional skills.
“The coming months could bring a whole new challenge for estate agents as the cost of living crisis and uncertain economic outlook affect the buying appetite of the UK public. But if their track record is up to snuff, the best agents will always find a way to woo sellers and buyers, exceeding all expectations.”