Are online estate agents a good idea?

31/01/2018 15:43:05

With more and more online estate agents popping up, offering low fixed fees, it’s easy to see why people may feel they’re a good idea.

Sadly, the reality is slightly different…

Despite the lower fees, you’re likely to end up worse off.

In fact, the only person who really saves money using an online agent is the buyer – because there’s no estate agent pushing and negotiating for as much money as possible for you.

You’ll typically find that the essential elements of getting interest in your property, things like boards, brochures, photos and videos, are costly extras. So, check the small print as there are many aspects of dealing with online agents that are not transparent.   

What happens if anything goes wrong with your sale? Is an on-line agent going to get involved and speak to lawyers and buyers on your behalf?

A high street agent provides a higher level of service and expertise and you’re getting a lot more for your money. You’re getting estate agents that know the area, that have daily dealings with active buyers, that will push to get you the best deal, that will provide specialist advice, and will work hard to make the whole experience as smooth as possible.

So are online estate agents a good idea..? In short, no… they’re not.

If you are interested in achieving the best possible price for your property, you’re better off sticking with a high street estate agent. 

If you are thinking of selling, choose your estate agent wisely.

If you would like a free, no obligation, market appraisal of your home you can get in touch with your local branch here.

Property Alerts

Get notified about latest hot properties!