There is a new breed of estate agents that are now offering a cheaper alterative to using a traditional estate agent. We have identified five distict advantages of using an online estate agent:
Traditional estate agents are burdened with high street rents and rates and are have systems which are labour intensive. These costs are passed onto the vendor with fees averaging between 1.5 and 2% for selling your property. Online estate agents are often low cost operations and are able to pass huge savings to customers as a result with many charging as little as £600 to sell your property. In many cases this will result in fee savings totalling thousands of pounds.
Recent surveys show that almost 90% of buyers find there property on the internet. Online estate agents offer the best internet coverage and will list your property on all of the major property portals along with the leading social media websites. Traditional estate agents tent to focus their marketing on the local area and quite often ignore some of the major online sources of enquiry.
Online estate agents by their nature are able to market property across the whole of the UK and are not limited to a small radius of there office location.
By utilising the latest technology and software packages online estate agents are able to streamline the service that they offer to provide the best possible service. Many online agents offer a vendors area of the website which allows you to simply login to view property statistics and inspect your property details.
By using an online estate agent you will have a lot more flexibility and control over the marketing of your property. You will be able to choose your marketing price, select which photographs are displayed and even have a say in your property description although it must comply with the Property Misdescriptions Act.