Hybrid estate agency Keller Williams has appointed Matthew Thompson, formerly of Douglas and Gordon and Foxtons.
His new position at Keller Williams, which is part of a giant self-employed estate agent network based in the US, will be operating principal at the company’s central London Market Centre, known as KW Prime.
Thompson was previously the area director for South London at Douglas and Gordon since 2016 with responsibility for 10 branch departments and 70 people. He was instrumental in training and strategy formation – being credited for improving the agency’s average fee from 1% to 2%.
Previously, he ran Foxton’s Brixton branch and, at £3m annually, oversaw one of the highest branch revenues of all Foxtons’ offices. He spent nine years at Foxtons before moving to D&G. But Thompson now believes that the hybrid sector offers plenty of room for growth.
Average asking prices jump sharply to new all-time high of over £327k
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84,290 homes sold across Scotland in past year | Mortgage Introducer
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The average price of houses coming to the market has surged by £2,484 as buyer demand reaches record levels, according to Rightmove’s latest House Price Index. With more people spending time indoors during lockdown, it seems Britons are keen to upgrade their homes. The Government’s recent extension of the stamp duty holiday also seems to have spurred buyers into taking action.