We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Online Estate Agents
WebGuru
Posts: 104 Forumite
Will Traditional High Street Agents exist in 5 years time?
Can they complete with Online Estate Agents?
Discuss.
Can they complete with Online Estate Agents?
Discuss.
0
Comments
-
You are an Estate Agent?0
-
I'm (a) googler. That's it.
Answer truthfully - are you involved with, do you own, or do you have an interest in promoting, the website that you've mentioned in almost all of your 9 posts? Truthfully, now...0 -
I mention lots of websites google which I find, but I am currently selling with an online estate agent and I am interested as to why more people don't. i read hundreds of posts which moan at agents. ARe you an EA?0
-
Well, my one and only experience with selling was with an online agent. I went to the traditional ones in the beginning but after talking to them, I really couldn't figure out what exactly they did for their money that I couldn't. Let's face it, if I'm moving some 20 to 50 miles away, it's more than a little inconvenient to trudge round EAs peering into windows. It's much better and more efficient to look online. As far as I can tell, traditional EAs just put your house on their website and on rightmove and for that, they pocket between 1 and 3% of the selling price. Alternatively, I can het an online agent to take the pictures, post them on rightmove and conduct the viewings myself for a minute fraction of what a traditional EA charges. Coupled with the fact that I detest spending a single penny more than necessary, I really can't see the traditional EAs being able to compete with online agents in the long run.Debt Free! Long road, but we did it
Meet my best friend : YNAB (you need a budget)
My other best friend is a filofax.
Do or do not, there is no try....Yoda.
[/COLOR]0 -
People know the protocol for dealing with your normal EA's so I don't see them disappearing anytime soon.0
-
Even though you can save nearly £3K?0
-
I have just sold a property with an online agent which cost me £510 in total in fees (inc VAT)
Local agents wanted 1.45% which is over £3K (inc VAT)
So I have £2490 left in the bank, which I wouldn't have had, had I used a local agent and paid the 1.45% + VAT
That is my logic.0 -
and what is a local agent could have got you an extra £5k on the sale price, you've actually lost £2,500.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards