How to Survive & Thrive The Brexit Housing Market

Posted on 28 Jun, 2018

While ministers seem to be leaving a clear, watertight Brexit deal to the last minute, the property industry can act now to counteract possible fall out during negotiations, and after we leave the EU.

Potential price drops, further currency devaluation and variable demand for property could all happen at the same time as mortgage tax relief for buy-to-let landlords ends completely, the Bank of England raises interest rates and punitive changes to the lettings sector come into full force. It’s all speculation but quite possible.

Your estate agency, lettings or property management business will need to be robust enough to ride out any storm in Brexit’s wake. Now is the time to concentrate on future-proofing your agency by becoming more flexible and adaptable to any prevailing market conditions.

Act now and you’ll have reassurance that your agency is prepared for the next crucial Brexit phase and will thrive in the future. Underpinning success will be a business plan that can react to any market fluctuations without triggering financial or structural chaos.

“No one is really sure if Brexit will bring positives or negatives but we do know the property market is susceptible to factors such as interest rate changes, currency fluctuations, the employment market and inflation, all may be Brexit affected” says Ed Mead at Viewber. “Estate agents don’t have a crystal ball so need to be in a position to adapt to changeable conditions with little notice.”

The gig economy, advances in prop tech and increasing sophistication of third-party partners will give early adopters an advantage as Brexit approaches, and Viewber – which harnesses all of the above - is the perfect partner during upheaval.

Our ‘pay only for what you use’ accompanied viewing service is already a vital tool, giving agents the ability to mmarshall their resources more effectively, and scale up or down to meet unpredictable demand. No other service will give you as much control over viewings as Viewber, ensuring you’re always ready to accompany property visits, whenever or wherever they may come. Fewer staff won’t affect your ability to cover ground either.

“Viewber can flex in response to needs on a day-to-day basis, if required,” adds Ed Mead. “The beauty of Viewber is it is totally scaleable. If the Brexit ride is bumpy – or produces a flurry of interest from abroad – you’re covered. Book Viewbers for 10 viewings one week, 20 the next and only two the following month – our flexible approach, set fees and no minimum commitment is perfect for the next couple of years, feast or famine.”

If Brexit is causing you sleepless nights, get some peace-of-mind by partnering with Viewber.

Contact us to find out more!

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