11th November 2008

Free Leads - Another new service

Continuing our quest (some would say obsession) to become the BEST French property portal we have now introduced yet another new feature for real estate agencies who advertise on FranceHouseHunt.

Free leads - yes another free service, we now publish generic details of those people who join FranceHouseHunt as users and who have requested that their details be sent to agencies in their regions of interest with their criteria.
So if you’re a pro-active agency and if you are interested in one of the leads, just use the contact form at the bottom of the page quoting the ID of the enquirer and we will send you full details of the user. This service is only available to agencies who are active on FranceHouseHunt.

You will find the link to the page of leads in the admin section.

No other French property portal goes further or helps more.

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10th November 2008

The French Property Market (as we see it)

A local mortgage salesman asked me the other day ‘so how do you view the French property market at the moment, after all your site is national and you have a wide range of properties, you should be able to give me some insights?‘.

From the lofty perspective of this site these are my (albeit very amateurish and unscientific) ‘insights’.

  • Property enquiries went down massively in July/August/September.
  • We know of at least 5 agencies who used to list properties on the site who are no longer operating.
  • Prices whilst coming down slowly are not in free-fall (probably because of property withdrawals - see below).
  • Many properties are being taken off the market - the owner preferring to keep the property (or rent it out) rather than sell it cheap.
  • Enquiry numbers are beginning to increase again (late October/beginning of November)
  • Currently the properties that are being most enquired about tend to be the more expensive/luxurious properties (i.e. €500,000 plus properties)
  • The far north and far south of France suffered from a bigger slump in enquiries, but is now starting to pick up again.
  • Paris seems to still be suffering from lack of enquiries.
Let us know what you are experiencing. What do you think? Are property prices going to fall further? Are we due a pick-up in enquiries/sales, particularly after the recent rate cuts? How are the mooted tax cuts in the UK and elsewhere going to affect the market?

posted in The Estate Agency Business In France | 0 Comments