The reputable consumer organisation Which? have released their research into the most effective way for first time buyers to purchase a property. 2,000 recent home movers were sampled and the data produced demonstrates the traditional or the “bricks and mortar” approach is ultimately more successful than using portals like Rightmove or Zoopla alone.
60% of first-time buyers reported to Which? that they found their first home using the bricks and mortar methods rather than using the portals. Given the sample group of first time buyers are of a younger demographic and the inherent deep integration of technology into their daily lives, some were expecting portals to be the most effective and popular method for them to source their first home. However, these two factors did not impact on how the majority of this sample group purchased their first home.
This is likely due to a key variable that impacts the decision making process of a first time home buyer: trust. The Chancellors Group of Estate Agents Ltd has 200 years of experience and therefore has built a reputation of trust, working with buyers within their timescales to find their perfect property.
Independent advice from Which? States that “In parts of the UK where markets are fast-moving, with demand outstripping supply, the best properties are often snapped up before the agent has had the chance to list them online…That’s why it’s advisable to put your laptop away and get out and about”.
Whether buying a home for you and your family, or as an investment, we work with you to find your ideal property to buy. Call us on 0333 6000 060 to find your local bricks and mortar branch and buy property the most effective way.
Correct at time of publication. The views and opinions expressed herein are those of the individual contributor and do not necessarily reflect those of the Chancellors Group of Estate Agents Ltd or its subsidiaries. References to legislation, best practice and other matters with legal implications such as fees, rules and processes are included for information and editorial purposes only and are not authoritative, nor should they be interpreted as advice. When in doubt you should only take advice from an industry professional or solicitor where appropriate. E&OE.