Cost of selling your house vs standard of service
One of the first things to consider is the cost. Without sacrificing quality over a cheap offer, using an online agent is easily the cheaper alternative. There are a few reasons for this. Firstly, online agent’s fees are a lot less than those on the high street. They need to be, in order to create competition, but also a lot of the process is automated which is less expensive to run. They also have a big advantage in that anyone from anywhere in the UK can access their website and list their property. As a result, they do not charge higher commission like a some high street agents which again keeps the costs down.
Advertise your property, no matter where it is located
With an online estate agent you get access to the whole buyer pool – Visum-Sales advertise on all the leading property portals like rightmove and primelocation and 100’s of others putting your property in front of millions of potential buyers every month, there are few if any high street estate agents who can offer the same coverage, thus they rely largely on local advertising and passing trade. Buyers can find your property anywhere in the world online 24 hours a day 365 days a year.
So, we’ve assessed both the cost and the marketing aspects of using an online agent. But what about another key advantage – flexibility? When it comes down to it, an online alternatives really are the kings of convenience for a number of reasons. From the beginning of the process to your property being on a display and accessible to view by buyers can take as little as 24 hours on the web. However, contrast this with a high street store that may take as long as two weeks to place your property on the market and you realise that a lot of valuable time has been missed. Maybe your ideal buyer has now gone somewhere else… Either way, shortening the process will pay dividends.
As well as the quicker process, buyers can enquire and book a viewing for your home at any time, day or night. They don’t have to rely on the high street agent being open, or turning up only to find it closed for lunch and going elsewhere. As well as being convenient from the buyer’s perspective, you can organise all of this without leaving the comfort of your home, and a lot of websites also offer options to view stats, such as how many hits your property has.
Online Estate Agents – the revolution
Internet based agents may be newer to the game, but it doesn’t mean they are second best. As discussed, they offer many advantages over the traditional high street agents and can save you time and money. If you’re thinking of selling, just think… within 24 hours buyers could be queuing up to view your home and make an attractive offer and save you thousands at the same time.
The revolution is happening, do you know any high street insurance agents now? Unlikely, it’s all online and the estate agency business is moving in the same direction, offering more flexibility, greater savings, wider audience and more choice.