Many internet estate agents have come up with a brand new service for people who wish to sell or let their properties. What’s new in property sales and letting you may ask? Well, when the internet first emerged how many of us doubted that it would ever have any place in the way we lived and certainly how we shopped – from groceries to property?
Of course now our lives are dominated by the internet. Many of us shop and bank online and the world wide web has become the most popular resource when it comes for research of almost any kind.
The property industry was amongst the first to recognise this power with internet property advertising. Today, very few estate agents would deny that marketing property online through a group of the available property websites is a major factor in efficiently marketing a property, whether it is for sale or for rent.
Internet estate agent have taken this and created a new service which offers vendors and landlords a very affordable and efficient way of marketing their property onto the largest number of property search sites as quickly as possible.
For one upfront fee of around £200 internet estate agents will market your home across a massive range of over 200 appropriate websites. It means that your home is available to potential buyers both locally and nationally and all within the space of a few hours.
The fee includes a valuation, professional pictures, your property live on over 200 websites including Rightmove, Find a Property (which also feeds local sites), Prime Location, PropertyFinder, Globrix, Nestoria, Fish 4 Homes, Evening Standard Homes and Property, The Daily Telegraph and the Times amongst many others.
They can also arrange/perform your viewings or feed leads to the vendor. They are available to help with advice throughout. They can also negotiate for clients but a lot of clients prefer to do their own negotiations. Internet estate agents can offer advice on solicitors and can put vendors in touch with preferred suppliers.
The price even includes a for sale board. This is a great alternative to trying to sell your home privately and by the time you have paid for marketing and for sale boards a much cheaper option the selling your property privately.
It all sounds very simple and a quick look at their very smart website proves to me how simple the process is. In a series of easy to follow steps the client uploads details and their own pics and floorplans. At the end of the guided process you pay the fee and within six hours your property will be available on all the top letting websites nationwide. Potential tenants can then see the property and call or email to ask to view. The landlord is then emailed or texted and asked to arrange the viewing. For a higher fee they also offer a fully managed service.
So what is the difference between Internet estate agents and a conventional estate agency? The simple answer is that by having no shop front street presence and being an internet based estate and letting agent they can reduce overhead costs and offer a less expensive service.
They are, of course, required to operate within the same bounds as a conventional agent and are registered with the Property Ombudsman and The Office of Fair Trading. But as there is no contract and the simple one-off fee, a vendor is completely free to use their service in conjunction with a conventional agency.
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