TEPILO is here. Estate agents be very afraid

PottyHouse_2

Running_Horse wrote: »

Tepilo. Stupid name for a website. Not exactly catchy.

Straight from the horse's mouth for those of you interested ??!!!

"tepilo: "talk" in a language created by philosopher Hans Kamp - we wanted something short that hadn't been used for anything else - best wishes xx"

Well, it certainly got us all talking !!!!!!!!!

googler

Mrs_Bucket wrote: »

No, this is just my estate agency fees and before anyone asks, YES, I did haggle!! The whole thing will cost me about £11,500 - an awful lot of money. It took 6 weeks to sell my home; I did all the viewings myself and knew who would be buying it before the estate agent did! I think you can tell straight away if someone wants your place when they walk through the door. An estate agency is a tool for selling your home; your home will sell itself if it's what viewers want. I have had viewers that have been talked into viewing a property even if it's not what they want!

Is it money well spent? Dunno, ask me in 2 months time when I've moved!

So, at the coutrywide average of 1.60% EA fee (from the OFT survey), you sold a house at around £320,000 or so..... giving you an EA bill of £5000-ish? Your total was £11,500, you say.....

What was in the extra £6500? Stamp Duty on your purchase? Conveyancing costs? Advertising on your sale?

MissMotivation

Mrs_Bucket wrote: »

No, this is just my estate agency fees and before anyone asks, YES, I did haggle!! The whole thing will cost me about £11,500 - an awful lot of money. It took 6 weeks to sell my home; I did all the viewings myself and knew who would be buying it before the estate agent did! I think you can tell straight away if someone wants your place when they walk through the door. An estate agency is a tool for selling your home; your home will sell itself if it's what viewers want. I have had viewers that have been talked into viewing a property even if it's not what they want!

Is it money well spent? Dunno, ask me in 2 months time when I've moved!

And I've had buyers that have bought a property that I've persuaded them to go and view....buyers that wouldn't have viewed the property of their own accord......that's part of our job, to match people with properties.

Mike_Teas

Others have come and gone when trying to occupy the space of private sale web sites ( look at what has happened to Brightsale.co.uk ). Selling your property through Google is probably the future.

googler

Happened across this summary of Tepilo's web traffic today...... I haven't looked at alexa.com to verify the data, I'll leave that to other historians and scholars.....

"Some interesting facts about Ms Beeny's website.

9.9% of her site visitors are from India. 35% of visitors arriving at Tepilo from Google have searched for "Sarah Beeny". None of the top 10 search terms that bring visitors to Tepilo relate to specific property search.

Last month, almost 50% of visitors 'bounced' - that is to say, they arrived and then immediately left the site. Rightmove's daily number of visitors is approximately 10,000 more than Tepilo's. Rightmove's bounce rate is half that of Tepilo.

Tepilo's traffic is in the bottom 5% of all property related sites in the UK. Tepilo's traffic trend is downwards over a rolling quarter. The top 5 portals are all increasing their traffic over the same period.

So in summary, Tepilo is a failed vanity project being kept alive by the dwindling celebrity of Ms Beeny and periodic anti-agent sentiments she expresses. To list a property with Tepilo would be a mistake unless you want to show your home to an ever decreasing number of people that weren't even looking for a home when they viewed the site. But don't worry, 25% are overseas and half of the rest will bounce and never see your home. There may be no charges to use Tepilo but as the site has not a single satisfied vendor so far, in this case, you get what you pay for.

Source: Alexa.com"

hamblettamaud

I have actually removed my property from the site because of the negative message that advertising it may send out. That I'm desperate to sell.

krajab

£725 flat in Hampstead?
http:// www. tepilo. com /property /5893 /lyndhurst_gardens_hampstead_nw3/

That's not bad, think they'll accept £721? I like this site!

LuluBlue_2

krajab wrote: »

£725 flat in Hampstead?
http:// www. tepilo. com /property /5893 /lyndhurst_gardens_hampstead_nw3/

That's not bad, think they'll accept £721? I like this site!

I'd go over the odds on that one and offer £730. I know I'm crazy!

other2010

Mike_Teas wrote: »

Selling your property through Google is probably the future.

Can you expand on that? Just interested as how to go about this

googler

other2010 wrote: »

Can you expand on that? Just interested as how to go about this

http://news.bbc.co.uk/1/hi/8394252.stm

http://www.theregister.co.uk/2009/12/03/google_rightmove_slayer/

http://www.dailymail.co.uk/news/article-1232821/Online-property-market-threatened-Googles-talks-estate-agents.html