Image courtesy of Open House Estate Agents
Using a traditional estate agent is likely to be the most natural route for the majority of people selling their property. However using an online estate agent is becoming more popular, due to the large savings that can be achieved, compared to the fees charged by a traditional “bricks and mortar” estate agent.
Typical fees charged by traditional estate agents are likely to be between 1.5% and 2.5% of the sales price of the property, plus Vat. Therefore the total cost to sell a property valued at £200,000 would be between £3,600 and £6,000 and well over £10,000 for a £500,000 property!
This compares to an average cost of only £500, plus Vat, charged by an online estate agent for a complete marketing package, with many offering cheaper packages, depending on the level of service required. Most online estate agents will charge a fixed price for their services, rather than a percentage of the property value.
Clearly the savings that can be achieved by using an online estate agent are staggering and the service provided is broadly the same. The only advantage offered by a traditional estate agent is that they will have potential customers visiting their branches and they will be able to show people around your property, if you do not wish to do this yourself.
So, if you are considering moving and selling your house, read the following online estate agents reviews, to learn more on how you can save a considerable amount of money on your estate agent fees!
Online Estate Agents Reviews
The pros and cons of online estate agents – Lovemoney
Online estate agents work in a 24-hour world, catering to people who can’t visit an office during the … eMoov charges £395, for example, while My Online Estate Agent is cheaper at £249. ….
“The largest low-cost online site is eMoov, with more than 1,000 properties on its books. It was set up four years ago by Russell Quirk who says people no longer need the traditional “hand holding agents” and are ready to forfeit this service for lower fees. Most online companies will offer a flat fee for a package which includes; an advert, professional photos, managed listings, 12-months of marketing, a floorplan image, valuation and online and phone assistance. Along with this, the property will also be listed on all the leading property websites, such as Rightmove, FindaProperty and Prime Location.”
Estate agent alternatives – How to sell a house – Mortgages …
Estate agent alternatives for selling your home, including online estate agents, and how it can save you … which.co.uk – Unbiased reviews and consumer advice .
“Private property sale websites, such as HouseWeb, Property Broker and Thehousesale.co.uk are similar to the classified ads pages of your local paper. The main difference is that they allow you to reach a much wider audience. A one-off charge of as little as £47 will buy you a basic advert with a photo and a description of your property on HouseWeb’s website. That listing can remain there until the property is sold. And a higher fee will get you much more exposure. For example, Property Broker charges £134 to advertise, which includes a for-sale board.”
Online Estate Agents.mp4 – Low Cost Online Estate Agents
Online Estate Agents , http://www.moveandsave.co.uk If you are thinking about selling a property you may have spoken to several traditional estate agents and…
Online Estate Agents Reviews | Find Recommended In Your Area
Online estate agents reviews. Property insiders show you how to find the best online estate agents. Save £1000’s on estate agency fees.
“High street estate agents are currently charging 1.5 – 2.5%+VAT for the pleasure of selling your property. My view (and I expect it’s yours too) is that this is expensive with a capital “E”! It does not have to be this way. You do not have to blindly follow the herd and let the estate agent take such a massive chunk of your cash. If you take 2-mins to read the report below I will show you exactly how to painlessly sell your house and save £1,000’s on the estate agent’s bill..”
The Best Online Estate Agent | eMoov
In July 2012 renowned independent review website AllAgents.co.uk published its latest findings on genuine customer feedback on estate agents from around the country. There are currently some 23,140 reviews posted on …
“In July 2012 renowned independent review website AllAgents.co.uk published its latest findings on genuine customer feedback on estate agents from around the country. There are currently some 23,140 reviews posted on their site and which provide an aggregate score on the performance of thousands of estate agents. It’s a compelling insight into what home sellers actually think and blows away the bluff and bluster of agents’ marketing spin.”
Online estate agents, high street estate agents: what’s the difference?
Find out the key reason why online estate agents can sell your home for less than the traditional high street estate agent.
“Today, some of the best sources of information to be found are review sites and online forums. Review sites and online forums are excellent sources of information regarding how good a particular online estate agent because …
With the worldwide shift from regular media such as television and radio to the internet, most businesses have followed suit and adapted their business models to operate in an online environment. Estate agents are no exception, and many an online estate agent used to maintain a physical walk-in office but no longer sees the need for such an expense. With so many estate agents operating online, however, and very little to distinguish them outwardly, finding a letting agency Exeter to see to your needs can be a difficult affair. You will need all the help you can get distinguishing an excellent online estate agent from a mediocre or even bad agent.”
The online estate agents that charge just £500 – Telegraph
Mar 1, 2013 … They are much cheaper than traditional agents, but do they work?
“Everyone likes to grumble about estate agents, but that doesn’t stop most of us meekly handing over thousands of pounds for their services when we sell our home. With estate agents charging between 1.5pc and 2pc of the ultimate sale price, you could easily fork out £10,000 in fees when selling a £500,000 property, with other costs such as conveyancing fees to pay on top. There are signs the housing market is picking up again, after several years’ stagnation. So if you do manage to sell your home quickly you will find you have paid a huge fee, for potentially very little work. But there is an alternative. There are now a growing number of online-only estate agents that purport to charge a fraction of the cost, and some home owners are cutting estate agents out of the equation altogether by listing their property on a private-sales website. These are certainly cheaper options, but do they deliver results? “
Get Your Own Back On Estate Agents!
Hilarious one minute video. A bit of estate agent bashing. All in the name of fun (and helping you to save £thousands in estate agents fees!). By eMoov onlin…
Tell us what you think!
Would you use an online estate agent to sell your next property and save a mega amount of money or would you still prefer to use a traditional estate agent, even though this will cost you considerably more money?
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If you are thinking about moving to the country, then check out this fabulous Rural Property For Sale in Cambridgeshire.