Selling through House Network

smallholdingsister

The market is slow here.

We went for the no sale no fee option. Still much much cheaper than the local agents.

Kittenonthekeys

[QUOTE=Not_that_odd,_the_10%_off_if_you_pay_in_advance_seems_to_be_an_offer_they_run_a_fair_bit.........[/QUOTE]

I see what you're saying, but feel you may perhaps be missing the point of my question.
Yes, such a pricing structure would make good sense if there was actually a permanent incentive to pay upfront (eg by way of a discount) but imo definitely odd to have two identical options at the same price when this incentive may sometimes be in place, and not at other times. In those cases, where is the advantage in paying upfront?

pmlindyloo

Kittenonthekeys wrote: »

I see what you're saying, but feel you may perhaps be missing the point of my question.
Yes, such a pricing structure would make good sense if there was actually a permanent incentive to pay upfront (eg by way of a discount) but imo definitely odd to have two identical options at the same price when this incentive may sometimes be in place, and not at other times. In those cases, where is the advantage in paying upfront?

I don't think this is any different from 0% interest deals.

it is a matter of which you prefer.

Some people do not want to owe money whether interest is added on or not.

When house selling some people may prefer to use the selling fee for other immediate things needed for a new home and then save for the selling fee later.

Just a case of how you manage your money and your views on debt.

As an aside we also sold through House network, albeit 10 years plus ago.

Absolutely no problems - excellent pictures (though too many!), great service including negotiating on our behalf and a very quick sale.

My personal feeling is that since they use Rightmove the chances of a sale is pretty much the same especially since most people use the internet these days to find their house.

If you house is in a quick selling area then you should have no problems and it is so much cheaper.

There will always be people who have good experiences and bad experiences, just like using an estate agents, so selling this way will always have a risk attached to it but IMHO no more than using an estate agent.

googler

melstar11 wrote: »

I haven't used them, but would expect there to be more incentive for them to work for their fee if you are not paying them upfront.

... but if you go for Pay Later, you either pay when the house sells, or after 12 months if it hasn't.

So, whichever way things go, the customer ALWAYS pays HN, regardless of whether or not their house sells.

fed_up_and_stressed

pmlindyloo wrote: »

I don't think this is any different from 0% interest deals.

it is a matter of which you prefer.

Some people do not want to owe money whether interest is added on or not.

When house selling some people may prefer to use the selling fee for other immediate things needed for a new home and then save for the selling fee later.

Just a case of how you manage your money and your views on debt.

As an aside we also sold through House network, albeit 10 years plus ago.

Absolutely no problems - excellent pictures (though too many!), great service including negotiating on our behalf and a very quick sale.

My personal feeling is that since they use Rightmove the chances of a sale is pretty much the same especially since most people use the internet these days to find their house.

If you house is in a quick selling area then you should have no problems and it is so much cheaper.

There will always be people who have good experiences and bad experiences, just like using an estate agents, so selling this way will always have a risk attached to it but IMHO no more than using an estate agent.

One of the reasons I chose HN over the multitude of other online agents at a similar price was due to the Rightmove premium option they offer for 12 months. Although our property was listed at a reasonable asking price there were many other comparible properties for sale in the area. As I say the viewing figures compared to when we had a bog standard rightmove listing with our previous local agents speak for themselves.

Kittenonthekeys

googler wrote: »

... but if you go for Pay Later, you either pay when the house sells, or after 12 months if it hasn't.

So, whichever way things go, the customer ALWAYS pays HN, regardless of whether or not their house sells.

Apparently not though, if one chooses Option 3 - seems to work on the same principle as a conventional EA..
"Pay On Completion
£1199
inc VAT
Pay on completion Package: You only pay a fee when you sell your home. If your home does not proceed for any reason you can walk away."

Kittenonthekeys

By the way, I fully intend to use House Network - just wanted to ask about the pricing structure and find out others' experiences of their conveyancing arm - has anyone used that? ��

fed_up_and_stressed

Kittenonthekeys wrote: »

By the way, I fully intend to use House Network - just wanted to ask about the pricing structure and find out others' experiences of their conveyancing arm - has anyone used that? ��

No but they use Premier Property Lawyers based in Leicester (but give them another name) ... There is another thread entirely devoted to them. However it seems House Network have access to some of their systems if you or the buyer use conveyancing services through them so I was able to get updates on what the buyers solicitors were waiting for through HN's sales progression team.

Kittenonthekeys

Thank you, that's very helpful to know.

ThePants999

I just remembered that Purplebricks have that sneaky small print whereby if you don't pay upfront, you've agreed to use their (awful) conveyancers. Any chance there's the same condition attached in this case?