UK Property Agents Adapt to Market Slowdown and AI Integration

Research from The Guild of Property Professionals, based on six regional meetings, found that estate agents across the UK are adapting to market pressures by streamlining operations and diversifying services. Agents reported facing reduced buyer urgency, increased stock levels, and transaction times that sometimes extend between 16 and 20 weeks.

The shift is driven by vendors increasingly using online tools and AI systems to generate valuations, requiring agents to focus more on explaining local market conditions and full moving costs. Agents are implementing measures like enhanced information gathering and stronger chain management to address these delays.