Loveitts has been named the number one estate agent in Coventry for sold prices compared to the original asking price of a property according to estate agents comparison website www.estateagent4me.co.uk.
One of the longest established estate agents in Coventry and Warwickshire, Loveitts secured sellers on average more than 1% over the asking price on their properties sold through the Warwick Row-based agency.
This translates to Loveitts achieving an average of nearly £4,500 over the asking price on a £400,000 house, meaning the seller would get more than £24,000 over an agent that only achieved 95% of the asking price.
The results were revealed by the Home Owners Alliance in April which used data released by estate agent comparison website www.estateagent4me.co.uk to identify Britain’s best agents. Top of the list was London agent Roy Brooks, of Dulwich, which achieved almost 6% above asking price over the past 6 months.
Paula Higgins, Chief Executive of the HomeOwners Alliance said; “We all know that choosing the right estate agent can have a big impact on the success of a house sale, but few could have predicted the level of financial difference it can make.”
Publication of the list comes shortly after Which? Magazine investigated property sales and concluded that homes put on the market at over-inflated prices not only took longer to sell, but when eventually sold often achieved less that average.
Chris Priestley, Head of Residential Sales at Loveitts said: “We are delighted to have been recognised nationally by an independent body, the HomeOwners Alliance, as providing an excellent level of service, and results, to our clients.
“As the largest independent agent in the region, we take great pride in the advice we give to our clients in terms of pricing their home, as well as the way in which we market properties. To see the financial benefits that we provide to our customers is very rewarding and we are pleased to be of service to Coventry and Warwickshire in ensuring a fair price for the region’s properties.”