connells group results

Connells reveals good start to year and increased market share during 2017

The Connells Group has made a bullish opening trading statement for 2018 revealing that more applicants are registering to buy homes with the company. “We are delighted to be entering 2018 with a pipeline that is up compared to last year, and we are confident that, through our breadth of experience, we will continue to build on the success of 2017 and further increase our market share in 2018,” says David Plumtree, Connells Group Estate Agency Chief Executive (pictured, below). Connells also says the company increased its market share last year by 4% despite official figures likely to reveal a 10% decrease in the number of people moving home during 2017, it says. Despite the sales slowdown, Connells says the number of properties it sold decreased by only 3% last year and that “clearly the increase in our share of the new instruction market has enabled us to fare better than the market as a whole in respect of our sales results,” says David Plumtree. Connells results are in stark contrast to its main rival in the market, Countrywide, which yesterday revealed that its income from sales and lettings decreased by 14% last year. Unwavering focus “During the course of…

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