When it’s time for homeowners to sell their property, the vast majority turn to estate agents, who promise to value, list and sell homes. However, as anyone who has been through this process will know, enlisting the services of a traditional high street estate agency can carry a hefty fee.
In a time before online property portals and mobile phones with 4G connections, these estate agents provided a much needed and unbeatable service. However, more people are choosing to conveniently browse property online rather than agents high street windows.
With approximately 95% of Britain’s property searches happening online, here are the advantages of cutting out the middleman and selling with an online agent.
Enjoy Lower Fees
This is one of the largest advantages of selling your home online, that understandably continues to draw in customers. A high street agency can often charge 2% of your property’s final sale price, costing £8000 on a £400,000 home. Add this amount to stamp duty and legal costs and you can quickly find yourself out of pocket. Online agents, on the other hand, sell your home for a prearranged upfront fee. For example, House Network Limited offer their services from as little as £499 – a huge saving on £8000.
An online agent offers the same marketing and expertise you would expect from a high street agency, listing your property on large search websites such as Rightmove. The main difference here is that you pay solely for the service as opposed to the agents premises.
Share Your Property Knowledge
One of the biggest positives about conducting your own viewings is sharing your knowledge. After all, no one knows your home better than you. Rather than an agent walking around your property and pointing out the typical features such as modern kitchen units, large windows or a south facing garden, you can share your knowledge of living here. You will be able to answer questions about the age of any work, discuss alternative furniture layouts, or how you use the space for family gatherings.
Arrange Convenient Viewings
When you sell your property online, you are responsible for carrying out your own viewings. Some may see this as a negative, as it means you have to do some extra work. But it does mean that you can avoid cleaning before work in preparation for a midday viewing. Instead, you can arrange viewings that fit around your work schedule and family life. Many agents operate from Monday to Friday, so if you prefer to be at home during a viewing, it can be hard to find a suitable time. However, when you arrange your own, you have the option of weekend viewings.
If you are nervous, here are some tips to help you conduct a house viewing.