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How important are floor plans for lettings?

Appetite for floor plans continues to increase in lettings market, reports Metropix

 

Metropix, the leading supplier of floor plan based products to the residential estate agency market, has revealed a further increase in the use of floor plans tools by letting agents in the UK.  On analysing sample listings within Rightmove during May, floor plans were available to view on 18% of rental properties.   This compares to just 5.71% four years ago, when Metropix undertook the same analysis in June 2012.

 

Brian Farrell, Director of Metropix said:  “The appeal of floor plans continues to grow with letting agents who are looking to differentiate themselves from competitors.  It’s a clear instruction winner and agents are really seeing that they matter to both landlords and tenants. As a judge at the forthcoming Letting Agency of the Year awards, I was interested in seeing that many letting agents that entered are now using floor plans as a key point of difference.”

 

Research from Rightmove backs this up, as their last study in 2015 found that 1 in 5 buyers and tenants said they would ignore a listing without a floor plan, or only return if nothing else caught their eye. On top of this 37% of landlords would not invite an agent to value their home, if they did not provide floor plans as standard.  

 

Concludes Brian Farrell: “The tide continues to turn as letting agents look for a unique selling point for their own organisation.  Our complementary Space Planner tool is growing in popularity too as it helps agents offer an interactive service so prospective tenants can plan the layout of furnishings in a home: ideal for those looking to rent who may already have belongings and would prefer not to have to re-purchase new sofas or wardrobes with each and every house-move!”

 

For further information on Metropix, visit www.metropix.com or telephone 0845 838 5355.