This statistic shows the percentage of property sales by online only and traditional estate agents that were either reduced in price from their original valuation, sold for the listing price or sold for more than the listing price between September 2015 and September 2016. Only 13 percent of online estate agents reduced the property price by more than 5 percent in comparison to over 19 percent of traditional estate agents. On the other hand traditional estate agents were more likely to sell a home for more than the listed price.
Share of properties sold with reduction or for listing price by online and traditional estate agents in the United Kingdom (UK) between 2015 and 2016
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Mortgages
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Forecast
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Further related statistics
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Further Content: You might find this interesting as well
Statistics
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- Structure of investment portfolio of Allianz Group 2014-2023
- Number of employees in the U.S. offices of real estate agents and brokers 2010-2016
Which?. (February 10, 2017). Share of properties sold with reduction or for listing price by online and traditional estate agents in the United Kingdom (UK) between 2015 and 2016 [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/756973/property-price-reductions-agents-uk/
Which?. "Share of properties sold with reduction or for listing price by online and traditional estate agents in the United Kingdom (UK) between 2015 and 2016." Chart. February 10, 2017. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/756973/property-price-reductions-agents-uk/
Which?. (2017). Share of properties sold with reduction or for listing price by online and traditional estate agents in the United Kingdom (UK) between 2015 and 2016. Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/756973/property-price-reductions-agents-uk/
Which?. "Share of Properties Sold with Reduction or for Listing Price by Online and Traditional Estate Agents in The United Kingdom (Uk) between 2015 and 2016." Statista, Statista Inc., 10 Feb 2017, https://www.statista.com/statistics/756973/property-price-reductions-agents-uk/
Which?, Share of properties sold with reduction or for listing price by online and traditional estate agents in the United Kingdom (UK) between 2015 and 2016 Statista, https://www.statista.com/statistics/756973/property-price-reductions-agents-uk/ (last visited June 10, 2024)
Share of properties sold with reduction or for listing price by online and traditional estate agents in the United Kingdom (UK) between 2015 and 2016 [Graph], Which?, February 10, 2017. [Online]. Available: https://www.statista.com/statistics/756973/property-price-reductions-agents-uk/