Sell your house at Tesco for £200!!

nic_santorini

I am loving this idea - most houses are generally sold via the web these days and the old techniques only reach the minority - I can't wait until the site goes live - I hope it is really successful - £200!! I sold my house without an estate agent and it was easy peasy lemon squeezy - much easier than with one and I have thousands. So, if you are thinking of putting your house on the market - STOP and wait because you will be snared by the small print of being with a sole agent for 16 weeks!!!

Does anyone have the 'go live' date because unfortunately I do not. Just get rid of the ridiculous and useful governement earning HIP pack and the housing market will get a much needed boost.:j

pastmybest

Sounds interesting BUT if Tesco don't get the houses on Rightmove I wouldn't waste my time with them. And I doubt they will get them on Rightmove.

Jowo_2

Not that I'm a fan of estate agents but what do you get for the £200 - just a piccy on an internet site or another service?

If there is no interface between me selling the property and potential buyers, I wouldn't like to have to deal directly with lots of timewasters and would prefer an intermediary to filter out the dreamers and browsers who aren't actually in the position to buy it.

clutton_2

you always get what you pay for ... £200 ? - not a lot.....

anyway what does Tesco know about selling houses ?

Raggie

clutton wrote: »

you always get what you pay for ... £200 ? - not a lot.....

anyway what does Tesco know about selling houses ?

What was it Jack Cohen said "pile them high... and sell'um cheap"......

(yes I know I'm paraphrasing...lol)

Running_Horse

The important details. Who will handle the price and fine detail negotiations between buyer and seller, and coordinate problems that almost always crop up? A checkout operator or shelf stacker? I'm all for saving money, but a good experienced EA can save more than they cost when problems arise.

Lance

Tesco are so powerfull they have the finance to take on Rightmove. If Tesco can get the quantity then their website will get the hits.

Richard_Webster

Tesco are so powerfull they have the finance to take on Rightmove. If Tesco can get the quantity then their website will get the hits.

That may be so, but as others have said, will they do any more than provide advertising and leave the seller to decide whether to proceed with someone who makes an offer?

Will they check the buyer's mortgageability and handle later negotiations about price after damp proofing reports etc etc?

googler

nic_santorini wrote: »

I am loving this idea - most houses are generally sold via the web these days and the old techniques only reach the minority ....

Depends on how you define 'sold' as against 'advertised/marketed', doesn't it?

If an EA advertises a house for sale via their own websites or a portal, and the buyer sees it there, then contacts the agent, and all else is handled by the EA, their office and staff, is this 'selling it via the web'?

Or do you mean sold via an exclusively online operation, which routes buyers to a call centre such as Housenetwork? If you mean 'most houses' are sold this way, I'd call for some figures to back this up. Do you have any?

vegasvisitor

I totally see what you mean about the agent does do work in the selling process, but I think a sale comes about because a buyer finds out about a house, goes and sees it, makes a decision. I wouldn't think an agent can really influence people into making the final decision to offer on a house.

I do think though that a good agent would hopefully help a seller get a better asking price, by negotiation with a buyer.

I would like to see cheap or free open advertising, would never do any harm to be able to publicise that your house is for sale. As for Tesco offering a full and comparable package to an estate agent, I suppose I have doubts.

googler

lesley74 wrote: »

....I think a sale comes about because a buyer finds out about a house, goes and sees it, makes a decision. I wouldn't think an agent can really influence people into making the final decision to offer on a house.

I do think though that a good agent would hopefully help a seller get a better asking price, by negotiation with a buyer.

I would like to see cheap or free open advertising, would never do any harm to be able to publicise that your house is for sale. As for Tesco offering a full and comparable package to an estate agent, I suppose I have doubts.

Well, all that Tesco seem to be offering is placement on their own website. If anyone thinks that is a 'dull and comparable package', please say so.

There's many ways to find out about a house for sale, a lot of them unconnected to browsing the internet.

If you want cheap of free advertising, there's plenty of options - gumtree, craigslist, ebay, etc - but you have to make a judgement call as to whether significant numbers of your potential buyers will be looking in these places as opposed to the leading property websites.

New users to Tesco's online offering should make the same judgement call.