Spicerhaart Part Exchange and Assisted Move has reported a 46% increase in sales as the second hand property market has lagged.
The company says it is now on track for another record-breaking year, following its most successful year to date in 2018. Instructions are up by 235 for the same period this year, while exchanges have seen an uplift of 29%.
Staff numbers have more than doubled in the past year and the business is still actively expanding, looking to take on additional business development managers and office staff. The team is also relocating to larger, state of the art offices in Sheffield in October.
The residential market is really tough at the moment, with the latest stats revealing that the number of established properties listed for sale plunged in July.
Jan Biggins, National Sales Manager at Spicerhaart Part Exchange and Assisted Move says she thinks this fall in listings is one of the reasons part-exchange has enjoyed such a huge surge. She said: “The property market has been tough for some time now, and people are really reluctant to sell. This means there are nowhere near as many listings at the moment, which means people are looking to new homes instead if they want to move or make that first step onto the housing ladder.
“This therefore means that demand for part-exchange is at an all-time high, so more and more developers are looking for services like ours so that they are able to offer solutions to buyers.”
Neil Knight, Business Development Director added: “We have had a really fantastic few years, with the first half of 2019 our most successful to date and no sign of demand slowing anytime soon. We are therefore keen to hear from anyone who would like to be a part of our expanding team as we continue through this exciting period of expansion.”
