Spare A Thought For Real Estate Agents in Costa del Sol
Spare A Thought For Real Estate Agents in Costa del Sol
International property enquiries for real estate in Costa del Sol have fallen off the face of the planet in July if the registration levels of our website has anything to go by.
May was truly fantastic for actual viewings, June was poor and the first 3 days of July has seen a 88% drop off in enquiry levels with the obvious question being why?
Its really about your own opinion and view of the market and for what its worth I think is it is three fold, the first obviously being the start of the summer (but there were more enquiries this time last year) then you have the possibility that the majority of real Costa del Sol property buyers have already bought and the most worryingly the stand off between vendors who don't want to sell at a reduced price and buyers who still think they can buy a the prices of 2009.
Fortunately for us we are a lean and mean property company and are able to work on much tighter margins as for one we don't have the upkeep of a high street office presence. However there are still agents out there who are going to the wall or having to downsize and it's been sad to lose a few very good people but we have also managed to get rid of a few that no one will miss. However overall going into the future there is going to be less choice for the buyer and its going to become even more important for the buyer to be able to trust the agent they use.
2011 is going to be interesting for sure and let's hope July to date is just a blip or it could be terrible times for a lot of agents hereselling propertyCosta del Sol.