8
May
Mayfair Group Annual Regional Conferences – Spring 2012
One of the best
ways of really getting to know what is going on in the property
market is not to read the papers or listen to the neighbours but to
talk to a good and well-respected estate agent who is working in
the market day after day. Better still, talk to a group of
good and well-respected estate agents.
It was just such a
group of independent agents who recently met at the influential
Mayfair Group annual regional conference. The Mayfair Group
represents over 120 firms worldwide with more than 450
offices. In the UK alone there are over 300 offices working
in 47 counties.
Nick Churton of
Mayfair Office said "It was a very positive series of meetings
indeed - the most positive in some years. Of course there
were the expected grumbles about mortgage supply and conveyancing
delays, but even these seemed a little milder than in previous
years. The general feeling was that while the economy has gone into
a double dip the residential property market in most parts of the
country has not. Indeed it seems that the market generally
has stabilised. Few, perhaps, were prepared to voice strong
opinions as to whether the market has finally turned the corner,
but all reported that greater activity has brought a fresh impetus
which should bode well for the future.
“Everyone
agreed that the mild winter had meant an earlier than usual
kick-off to property sales this year, and that buyers and sellers,
weary of waiting for the market to improve, are now prepared to
move regardless of the prevailing conditions.
“It seems
that the house buying and selling public have realised the market
will never get back to normal, as there really is no normal in
property. In this they are very correct. When moving
home there is no time like the present.”
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