A recent report has revealed that 79% of estate agents agree that the home-buying process is outdated.
The figure from the NAEA Propertymark (National Association of Estate Agents) echoes the views of the Government, recently reflected in their “Call to Evidence” to improve the home-buying process launched last week.
Commenting on the Government’s consultation, was Chief Executive of NAEA Propertymark, Mark Hayward. He stated:
“The Government’s announcement last weekend that it will consult to reform the home-buying process couldn’t come soon enough, and we welcome it. Our findings show that estate agents agree, and would welcome changes to ensure the process for buying and selling is brought into the twenty first century. The current prolonged process means sales are stagnating despite the fact that the supply of housing is up, and there is growing demand.”