The UK Property Market Wakes Up To Online Estate Agents

14 Feb

It may also not come being a surprise to you that auctions control these portals. If you are no agent then you cannot advertise your home on them.

Over the last 5 years a brand new breed has evolved, this is the on the web agents. So what does a great online estate do and how does it differ from the more common high street estate real estate agents.

Online agents are a somewhat new phenomenon. There are around 20 online agents if you were to google it but merely a handful that are with the forefront of the current market. However, they all offer virtually a similar service. As standard they will send a real estate agent to every property to take professional photographs and floor plans. They will upload these photos and floor plans having a description on to their website in order to across the network of main property portal that are Rightmove, Zoopla, Prime Location and Locate a Property. So, they’ve visited your property and they’ve marketed it which is exactly what a traditional traditional agent does. What else do they do? Well they will field all enquiries from potential buyers and pass on details for the seller as does a traditional agent.

So what is your difference? The difference is that in many instances online agents will not really conduct viewings for interested buyers. Does this make a positive change? Well research shows that lots of traditional high street agents will not conduct all viewings. In cases where the interested party really wants to view the property on the weekend or at night when high street brokers have fewer staff from it is fairly common with the seller to have showing the interested party throughout the properly.

Is it worth paying the other in estate agents percentage? To compare the a couple, online agents charge typically?? 350 to advertise real estate until sold, compared with a traditional traditional agent that charges typically 1. 5 percent which for any property that sellers for?? 250K is?? 2, 500. It is a vast difference.

Currently online agents usually are not really making a significant effect on traditional agents but these are steadily growing and several schools of thought feel that the days of street estate agents are by using numbers.

It is obvious of which Online Estate Agents do not cater for everyone, but for many people conducting the viewing yourself is easily worth the saving in commission fees. As the trend does start to change and more and more people learn that online estate agents advertise your property on sites such as Rightmove and Zoopla as well as offering professional pictures and floor plans, the tables could turn and the traditional high street estate agent may not be the natural option that property sellers turn to when they want to market their property.

In the UK the home industry embraced the web when Rightmove launched throughout 1999. This was followed by simply numerous other property websites like Prime Location, Findaproperty and Zoopla that are the next biggest property portals respectively. Searching for a house on the market changed forever and home buyers taken on wearing out their keyboards as opposed to their shoes when seeking houses to buy

Detailed information on Sell Property Online can be found at main website.