The Guild of Property Professionals will be hosting an online power session for business owners tomorrow, providing a platform for estate agency owners to interact with other property professionals and tap into the knowledge and experience of the network.

While the first quarter of this year has been remarkable for the sector with property prices achieving record highs and transaction figures at stratospheric levels, demand is outstripping supply and stock levels are reducing quickly.

With a subdued number of listings coming onto the market, the level of competition among estate agencies will increase and businesses will need to be able to differentiate themselves in the market.

The session will include an in-depth, data-driven market review, as well as what projections and trends we could expect to develop as the rest of the year plays out.

The session will look to provide answers to questions such as whether the elevated levels of demand will be sustained until the end of the year, and what aspects could have an impact on the market moving forward, such as the end of the stamp duty holiday.

Iain McKenzie, CEO of The Guild of Property Professionals, said. “Business within the property sector is currently booming, however, business owners need to prepare and have a plan in place for the remainder of the year and moving into 2022.

“The Guild has put together a business power session to provide business owners insight into the current market and how we can expect it to change in the months ahead. Having that information will help business owners plan in advance, be prepared and adapt so that they can thrive in the future.”

Guild members can book for their spot for the Business Owners Power Session, which will take place on Thursday 27 May, from 4pm to 5:30pm, through the Members Hub.

Non-members who wish to attend can email regionalmanagers@guildproperty.co.uk to register.