A recent property information provider, Gazeal reported some startling statistics about the numbers of fall-throughs in just the first 10 weeks or so of 2022 Fall-throughs have been shown to reduce significantly when digital property logbooks are used by sellers ensuring the transparent provision and sharing of key information.
Upfront information provider Gazeal says that so far this year – up to March 17 – there has been an astonishing 53,856 sales collapsing, in well under three months of 2022. According to property data consultancy TwentyEA, there has been a sale collapsing to the equivalent of every two minutes this year.
Gazeal warns that if the trends so far continue across 2022, some 100,000 transactions will have collapsed by the middle of the year and 200,000 to 250,000 transactions in total for the year.
Gazeal warns that if the fall-throughs trend continues across 2022, some 100,000 transactions will have collapsed by the middle of the year and 200,000 to 250,000 transactions in total for the year.
“This is just ridiculous when you consider the alternative solutions out there, which help to lower the risk of fall-throughs from occurring” according to Gazeal chief executive Bryan Mansell. Read the complete article here