Traditional high street Estate Agent have always been the way everyone in the UK sold their homes! They usually charge a percentage some are now charging a set fee on the lower valued properties around £1500 to £3000.
Most properties that are on the market are found via the internet, whether its an estate agents’ own website or a property portal (Rightmove, Zoopla). Apparently 95% of properties that where purchased last year where found online.
So what is the difference between a online estate agent and a high street Estate agent? A high street agent usually advertise in the local newspaper and has the benefits of having a shop front where they can display pictures of the property and details. They also accompany the vendors with the viewings (but from most peoples experience they don’t always turn up).
A Online Estate Agent usually takes a set fee upfront £450 to £750 depending which package you choose and which Estate Agent. They don’t usually accompany the vendor with the viewings and don’t have a shop front. Most Online estate Agent operate nationally but they do advertise exactly the same way apart from the local newspapers.
I am actually looking to sell my home this year and after doing my research I am going to try a online estate agent as i will be saving approx £1500. I will keep you updated and let you know my experience. The best Online Estate Agent I have found that includes everything from EPC, photos, floor plans and 12 months marketing on rightmove and Zoopla is www.sellahouseonline.co.uk