Why National House Price Statistics Can Mislead Estate Agents (And What You Need to Know)
If you’ve ever felt frustrated by the broad house price statistics splashed across the national press, you’re not alone. Rupert Collingwood, a London estate agent and property market expert, explains why these headline figures often don’t reflect the reality on the ground, making it tricky for agents to have honest conversations with vendors about their local market.
In this episode, Rupert breaks down why focusing on national averages can be unhelpful and how asking prices rarely tell the full story of what’s actually selling. He also shares insights into why half of the properties on the market don’t sell and how this impacts pricing strategies. Most importantly, he talks about the delicate balance agents must strike between being honest with clients and maintaining trust.
If you want to improve your local knowledge and client conversations, this episode is essential viewing. Listen now, and don’t forget to share your thoughts in the comments!
