If you are thinking of selling your home you might be wondering what the benefits are of using an online estate agent. In the UK more and more people use the internet to manage most aspects of their lives online. Most buyers use property websites to search for a new home, it makes sense to consider selling a property online, however it may not be for everybody I examine how online estate agents actually work.
Are all services the same?
How to find the best internet estate agency?
Estate agent comparison service
The risks of an online estate agent.
- Is there lots of activity ion your local market?
- Have you priced to sell your home
- Is the property presented well
- Is the property a real competitor compared against others
Most online estate agents operate from a central office covering the UK and do not have the overheads associated with running a local estate agency. This means that the savings made can be passed on to consumers who opt for a low priced estate agency house sale.
My experience has shown that online estate agents offer consumer friendly contracts that are transparent and do not aim to catch a vendor out. They tend to offer multi agency contracts allowing the vendors the freedom to work with other agents .
The dangers of contracts?
Traditional high street agents can ask you to opt for sole selling rights, and when you find a buyer yourself, you will still have to pay the fees. Another one to watch out for, if you are a seller, is a “ready, willing and able purchaser contract”. You will have to pay once a buyer, who is able to exchange unconditional contracts, is found. This still applies if you withdraw your property before the sale is completed. In this scenario, you may also be charged for the cost of “For Sale” boards and advertising.
The publication ‘Which’ deal with this subject very well and you will find their article here
The best way to price your home
Alternative methods to sell BBC debate