Unlocking Success in the Harborne and Edgbaston Property Market

Unlocking Success in the Harborne and Edgbaston Property Market

How McHugo Homes Compares

Selecting the right estate agent can be the difference between a smooth sale and a stressful experience. At McHugo Homes, our proven track record sets us apart from the competition. In this blog, we'll explore the key performance metrics that demonstrate our excellence and show you how choosing McHugo Homes can significantly enhance your property-selling journey.

The Key to Successful Property Transactions: Performance Matters

The property market is competitive, and achieving the best outcome requires more than just listing a property. It demands expertise, dedication, and a keen understanding of the market. This is where McHugo Homes excels. Our commitment to excellence is reflected in our performance statistics, which consistently surpass industry averages.

Let’s break down the numbers and see how McHugo Homes compares to the average estate agent market statistics.

1. Percentage of Asking Price Achieved: Average Yearly Performance

The percentage of the asking price achieved is a vital metric for any seller. The average agent achieves 99.56% of the asking price, whereas McHugo Homes achieves an impressive 99.85%. This 0.29% difference may seem small, but when dealing with property values, it can translate to a significant financial benefit for our sellers. Our expert negotiating skills mean we secure the best possible price for your property.

2. Exchange Ratio: A Higher Likelihood of Success

The exchange ratio is a critical metric that measures the proportion of properties that successfully reach the vital milestone of exchange of contracts. At McHugo Homes, our exchange ratio stands at an impressive 67.27%, significantly higher than the average statistic of 55.16%.

You are 21.95% more likely to find a buyer with McHugo Homes.

Our proactive approach and personalised service ensure that more of our sales reach a successful conclusion.

3. Fall-Through Ratio: Minimising Disruptions

The fall-through ratio, which represents the percentage of sales that fail before completion, is a key factor to consider when choosing an agent. The average performance has a fall-through ratio of 29.54%, often leading to significant stress for sellers. At McHugo Homes, we pride ourselves on a much lower fall-through rate of just 18.60%, thanks to our thorough vetting process and careful management of the sales progression. These transparent statistics reflect our commitment to minimising disruptions and ensuring a smoother, more reliable experience for our clients.

4. Days to Find a Buyer: Speeding Up the Process

Time is of the essence in property transactions, and finding a buyer quickly is crucial. On average, it takes 70 days to find a buyer with the typical agent. However, McHugo Homes achieves this in just 56 days—20% quicker than the average. Our targeted marketing strategies and extensive network allow us to connect with potential buyers more efficiently, reducing the time your property spends on the market.

5. Days from SSTC to Completion: A Faster Journey to Completion

The period from Sold Subject to Contract (SSTC) to completion can be a nerve-wracking time for sellers. The average agent takes 118 days to complete this process, while McHugo Homes achieves it in 112 days, shaving 6 days off the timeline. Our hands-on approach and proactive communication with all parties involved help expedite the process, getting you to completion faster.

To learn more about how we consistently reduce timeframes, check out our market insights on https://www.sellhousefast.scot/what-does-sold-stc-really-mean-for-your-sale/ to completion and strategies for faster completions https://mchugohomes.co.uk/blog/making-your-property-visible-when-trying-to-sell-in-harborne-and-edgbaston/35562.

6. Total Days to Move: Moving You in Quicker

From listing to moving day, every day counts. The average agent takes 188 days to complete the entire process, but with McHugo Homes, it’s just 168 days. That’s 20 days less time spent waiting to move into your new home. Our efficient processes and commitment to our clients mean we can get you moving sooner.

Why McHugo Homes Is the Right Choice

Choosing McHugo Homes as your estate agent means choosing success. Our performance statistics speak for themselves:

• McHugo Homes’ percentage of asking price received is 99.85%.
• You are 21.95% more likely to find a buyer with us.
• You’ll find a buyer 14 days quicker.
• We’ll get you from agreeing to sale to completion 6 days faster.
• You’ll be moving into your new home 20 days sooner.

When it comes to selling your property, McHugo Homes delivers results that matter. Contact us today at movinghome@mchugohomes.co.uk to find out how we can help you achieve your property goals. Interested in knowing the sale value of your property? We offer a FREE no-obligation valuation or market advice - visit McHugo Homes Property Valuation to get started.