Member Article

York estate agency breaks £20m sales mark in first year

A York estate agent is reporting a growing property market in the city after breaking the £20 million sales mark in its first year.

After opening its first franchise in York, in March last year, Ewemove has reported sales of £21.6 million.

The highest sale above asking price achieved by Ewemove, which now has two franchises in the city, was 117 per cent by agreeing a sale for £234,000 on a two-bedroom terraced house in York city centre, with a guide price of £200,000.

The fastest house rental was a three-bedroom bungalow in Wilberfoss, which was advertised at 9.15am and let at 6.30pm the same day in October last year.

Branch director Nick Neill, who launched the first Ewemove franchise with his wife Sarah, said: “We averaged 13 viewers per property on homes which we sold in 2014 and overall we delivered 102.7 per cent of guide valuation, for those sold at or above asking price.

“In total, in a steadily growing market, we achieved sale prices of 99.6 per cent of initial asking prices with 60 per cent of homes sold at, or above, the original valuation.

“Our greatest success was selling, at a higher price, in only ten days, a property which had been on the market with another estate agent for 53 weeks.”

Now Ewemove, which gained a silver award for Best Newcomer at The Estate Agency of the Year Awards 2014, plans to expand the business into other locations across North Yorkshire in 2015.

This was posted in Bdaily's Members' News section by Robert Beaumont .