The arrival of the Internet has afforded Estate Agents the opportunity to both improve their property selling services and reduce their costs. Estate Agents that take this route and pass on the savings to the home seller are called Online Estate Agents.
Online estate agents usually have fewer offices than traditional high street Estate Agents and offer coverage over a wider area. Local knowledge may be lower than established local Estate Agents whilst their Internet presence (and therefore their ability to sell houses) is generally greater.
If you want to sell your property quickly and economically but still want expert help then Home.co.uk suggest that an Online Estate Agent could be the answer.
Online Estate Agents advertise a property for sale on a number of online property websites including: Home.co.uk, Rightmove, Primelocation and Zoopla.
Here is a list of some of the many online estate agents available to help sell a home.
Online Estate Agents
Purplebricks Fixed fees are offered when selling a home through Purple Bricks, costing £999 and £1,499 for properties in London and the surrounding area. Included is advice from a local property expert, professional photography, floor plans and advertising on property websites. Further support during the sale is also available. In addition, customers can pay on instruction or up to 10 months after the advert for their home is published. Optional extras include accompanied viewings and upgraded advertising.
Strike Online estate agent Strike has helped more than 30,000 people move home. Its online estate agency service is free and includes a valuation, photos and floorplan, advertising on Rightmove and Zoopla as well as support on negotiating price and completing a sale. It makes its money through optional extras such as hosted viewings and upgraded advertising on Rightmove. Strike also gets a commission from partners offering further optional extras including removal services and mortgage advice.
My Online Estate Agent My Online Estate Agent offers house sellers the chance to create their own online property listing, which can be updated and amended as much as they like. All details are also updated on Rightmove, Zoopla and Prime Location. According to My Online Estate Agent, sellers receive an offer within 10 weeks on average. The reach of listings online through Online Estate Agent is 98% of potential buyers. A basic package costs just £1 and includes online property website advertising for six months. Premium packages costing from around £249 to £449 are also available. A range of additional services are also on offer such as interactive 3D tours.
Doorsteps The package of online support from Doorsteps includes online valuation, listings on property websites and ongoing support, including helping with sales and negotiation. Packages on offer range from between £99 and £599. For example options offered through the £199 package include professional photos, 2D floorplan, full property description. Hosted viewings and an online virtual tour are also available. The website estimates that £7,026 is saved on commission costs for the sale of a £475,000 property using its £99 package.
Yopa Yopa charges a fixed fee of £999 and claims to typically save customers more than £2,500 in fees. It also claims to achieve 96% of asking prices for those using its services. It offers support to customers at evenings and weekends and support from local estate agents as well as online visibility and the chance to respond to feedback and organise viewing requests. It also offers customers the chance to pay its fixed fee only when a home is sold.
Emoov Emoov offers two ways of paying for its online estate agency service. Customers can either pay a one-off fee of £949, or an initial set-up fee of £249 with a 0.5% commission. Services include advertising on major online property websites and support from a personal agent. It also offers access to partners for further services such as conveyancing.
See also: Selling Your Property