Who has sold a property using an online estate agent?

lessonlearned

What are you waiting for.

Stop whining, get doing.

Market it yourself, save yourself £12K.

Get on with it and get on with your life.

:rotfl::rotfl:

By the way I am very well educated.......

Ivana_Tinkle

If it's a choice between Foxtons and Housenetwork then, good grief yes, go with Housenetwork. They certainly won't be any worse, and they'll save you a lot of money.

But a good local agent (if you can find one) will (probably) sell your house faster and (probably) get you more money.

Do bear in mind that Housenetwork don't do anything towards checking your buyer out financially. I don't know whether this is something they claim to do, but when we bought a house through them they certainly they never asked us what our budget was or verified our financial status in any way at any point.

Tancred

Ivana_Tinkle wrote: »

Do bear in mind that Housenetwork don't do anything towards checking your buyer out financially. I don't know whether this is something they claim to do, but when we bought a house through them they certainly they never asked us what our budget was or verified our financial status in any way at any point.

Unfortunately true. This is the big negative with the HN, but it's still worth sticking with them.

Tancred

Lit_Up wrote: »

Some London wideboys (Foxtons) tried to take 12,000k in commission for selling my flat in central London (I had the offer). I took it off the market and decided to live in it myself. The most satisfying part of doing that was listening to the dubious twit whine, howl, and beg to get me to reconsider! Sorry chap. You lost the sale because you're superfluous effluent and not worth a dime. Not getting my cash.

12,000k is £12 million. This means you must have a flat worth around £1 billion - even for London that's pretty expensive!! :rotfl:

I assume you must mean £12k commission. Well, commission is a percentage of the selling price, so what exactly are you complaining about? If you can afford a £1M flat then £12k must be small change to you, surely.

Hoof_Hearted

There are lots of threads on here about online agents and the money to be saved by using them. Most have Googler desperately trying to do them down as he sees his own business in jeopardy.

They are an excellent alternative to high street agents provided you are prepared to do a bit of work yourself e.g. viewings.

GentleGiant_2

I have just viewed a property with a regular estate agent.

They are one of the leading ones in the area, yet the particulars contained two spelling mistakes and they called the kitchen a kitchen/breakfast room - very misleading, as unless you stand up at the counter there is nowhere to sit and eat.

If estate agents do not care enough to spell correctly and misdescribe rooms, then they are best avoided considering the crazy fees they charge for doing very little.

googler

Tancred wrote: »

The House Network visits all clients, takes photos and does the EPC.

... And the same person who visits takes all the phone calls relating to that property back at the office ... ?

googler

Hoof_Hearted wrote: »

There are lots of threads on here about online agents and the money to be saved by using them. Most have Googler desperately trying to do them down as he sees his own business in jeopardy.

Most of the threads also have you popping up, either to promote one online agency (the same one every time), or following on from my posts merely to disagree with me. Anyone can look up the history of your posts and mine, and form their own opinion....

taxiphil

googler wrote: »

... And the same person who visits takes all the phone calls relating to that property back at the office ... ?

I'm not sure if your question was rhetorical, but they have a team of people based around the country who do the initial visits (incidentally they are well trained in photography and have VERY high-end cameras), and another team of advisers based in their Essex HQ who deal with the enquiries and negotiations.

Are you suggesting it's a bad thing to have those job roles done by different people?

Anyway some of the larger "traditional" EAs also do it this way.

taxiphil

Ivana_Tinkle wrote: »

Do bear in mind that Housenetwork don't do anything towards checking your buyer out financially. I don't know whether this is something they claim to do, but when we bought a house through them they certainly they never asked us what our budget was or verified our financial status in any way at any point.

Maybe they've changed their procedures since you dealt with them, but House Network definitely vetted my buyer's finances. They were very thorough about it too, and sent me electronic copies of his mortgage offer and bank statement showing his deposit.