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Online Estate Agency

online estate agents

Online Estate Agencies VS Traditional Estate Agents

Online estate agency services have taken the internet by storm over the past year, and a lot of house sellers are jumping on the bandwagon as opposed to a traditional sale with a high street estate agent.

The benefits to selling with an online estate agent is very simply the savings that you will make in fees.

Traditional estate agents on average will charge you in excess of 2% of your property sale price, in London this can increase to around 5%. Make sure to take these figures into account when choosing your next estate agent.

If your property is valued at £300,000 it could end up costing you £15,000 in selling fees to a traditional estate agency, where as an online firm would cost you from £400. This is obviously a huge difference but you need to sum up whether a traditional estate agent is going to do a better job at selling your house for you on your behalf?

Traditional estate agents are usually local, so they know the local area street by street, and they can better value a property based on their local knowledge. This gives them an added advantage over online estate agencies, and may work out better for you when it comes to selling.

How our online agency works.

Our online estate agency service is a hybrid of traditional estate agency, and online estate agency. What we do is actually come and visit your property, put up a board and take photos to go on websites like Rightmove. Very similarly to traditional estate agencies we don’t charge any upfront fees for this service.

Once your property is advertised we will only present buyers to you if they are in a position to move quickly and are genuinely interested in buying your property. We will not waste your time letting buyers look around your property if they are stuck in long chains, or if they don’t have the finances readily available to proceed to purchase should they make an offer that you accept.

An online estate agent may help you in getting your property listed on Rightmove and Zoopla, but that is all they will do. They won’t help you by taking professional quality photos, enhancing your listings, weeding our ‘widow shoppers’ and present you with genuine buyers.

With our online estate agent service we will take care of you from start to finish, that also means dealing with all of the enquiries about your property, bids made, and solicitors.

Finding an estate agent to sell your property quickly can be a difficult undertaking that requires you to take your time before making a decision.

One of the things that you need to find out before signing an estate agent agreement is who they really are. While this may seem obvious, it carries a lot of weight. For instance, you will need to check the following in a bid to know the estate agent:

  • Find out the duration it takes the agent to sell property they have listed in their books
  • Check their track record in achieving the asking price and the likelihood of them selling a home
  • Determine their performance by comparing them against other agents with the help of online estate agent comparison tools
  • Get them to explain the reasoning behind the valuation they have given for your property
  • Find out if they have any qualifications in sales of estate agency and if they profess membership to a professional trade association like the Guild of Professional Estate Agents or the National Association of Estate Agents
  • Do they subscribe to an accredited ombudsman service?
  • What are their working terms with regard to working during weekends?
  • How will they market your property and what marketing options do they have?
  • What are the agreement terms and what fees is involved?

There are many other things that you need to look up before signing up with an estate agent. Furthermore, you must not lose sight of the fact there are some unscrupulous estate agents that employ unacceptable tactics to either get business or make more money.

For a free appraisal from our quick sale estate agency service please start the valuation process  and await for an agent to contact you. When speaking with a Ready Steady Sell expert, please specify that you are interested in our online estate agency service.

Struggling to choose an Estate Agent? You need to read our guide.

A Breakdown Of What To Expect From Ready Steady Sell

  • No last minute price drops
  • Best industry price match guarantee
  • A quick sale in a time that suits you

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