Estate Agency Remains a Strictly Local Concern, Believes Wrights Plastics as They Celebrate Forty Years as Supplier
West Bromwich, United Kingdom, May 14, 2014 --(PR.com
)-- Mike Wright, MD of the company, which is one of the UK’s leading manufacturer of retail display items at its West Bromwich base, said this week “We’ve been working with estate agents for forty years and its surprising how little has actually changed. Despite the growth of the internet and telesales techniques selling and buying a property remains a local matter – the vast majority of buyers and sellers still prefer the locally-based Agent. They still look for a High Street branch with an enticing window display and a team with local knowledge.”
The internet has certainly impacted the housing selling sector perhaps more than many others. eMoov.co.uk founder Russell Quirk recently stated that 95pc of property searches now start online and Rightmove’s website visits equated to more than one million pages of property being viewed every hour as far back as 2012. There have been a host of internet-only ‘virtual’ agencies such as Russell’s and TV property guru’s Sarah Beeny’s Tepilo which offer lower fees than traditional Estate Agents. There have been ‘promises’ to revolutionise the sector from US-based realtors and UK supermarkets but none had a major impact on the way property is sold, brought or leased in the UK.
Cheshire agent Maurice Kilbride claimed recently that statistics show at least 93 per cent of sellers choose a High Street agent.
Mike continued, “Technological changes and the growth of larger Estate Agency chains have left consumer behaviour largely unaffected. As a supplier we have developed a wider range of display items, cable displays, light frames and signage but the ‘shop’ window and even interior of most estate agents would be recognisable to someone from four decades ago.”
Wrights GPX is one of the UK’s leading plastic manufacturers – supplying components to industry as well as developing innovative retail display solutions for a range of top retailers such as Marks & Spencer, The John Lewis Partnership and Selfridges as well as the Estate Agency sector.
Mike concluded “Looking back over four decades, it is perhaps surprising how little has changed in Estate Agency – the prices are much, much larger of course but the need to interact personally with a locally-based Agency remains undimmed after all these years.”