New online tool called PropCast


PropCast is a property tool whereby users can simply enter a postcode to see the 'buyer demand' for a particular area. Like a weather report, the idea is to measure the temperature in terms of whether your market is 'hot' or 'cold'. The figure that PropCast arrives at is based on current and historic trends involving 'Sold STC' and 'Under Offer' as a percentage of what is for sale in a particular area. PropCast state that their number one mission is "To help protect homeowners from underselling". Their analysis indicates whether the market is in favour of sellers or buyers.



Published on 01 August 2018

Source Wonderlease

Written by Marc Cohen

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