Yopa records positive start to 2020

Yopa agents across the country are now backed by two contact centres in Watford and Hinckley.

Yopa records positive start to 2020

Yopa has recorded improvements to the start of 2020 compared to 2019 figures.

Yopa saw a 38% increase year-on-year in revenue, along with a 40% yearly reduction in costs.

There was also a 43% increase in income per listing year-on-year, whilst agent tenure was up 29%.

Agent earnings saw a steep increase of 74% year-on-year.

Yopa saw 9,000 new buyers registered a month, and reached seventh across the industry for share of listings in January according to Rightmove.

Grenville Turner, chairman at Yopa, said: “We’re delighted to see that the strides we took in the second half of 2019 are turning into real results.

"Yopa’s performance in January is very encouraging – as is the business pipeline.

"It’s pleasing to see that revenues for our business partners and Yopa itself are ratcheting up whilst we continue to deliver an award-winning service to our customers.

"Further, our business partner base is both increasing in tenure and expanding, and agent earnings are up 74% year-on-year.

“It appears that the current window of political and economic stability is tempting both sellers and buyers into the market, and we are in a fantastic position to service this demand."

Yopa agents across the country are now backed by two contact centres in Watford and Hinckley.

Yopa’s Trustpilot score has remained Excellent, with 88% of all Yopa reviews are 5/5.

Turner added: “At Yopa, we are committed to offering a complete, end-to-end home selling service for a fair, fixed fee.

“Our focus has always been helping both vendors and buyers enjoy a smoother move by taking some of the worry and hassle away from what can be a very stressful and expensive process.

"We’re delighted that our new measures are already yielding fantastic results for our customers and we’re in a great position to continue this success over the year ahead.”