3 min Read
18 Sep 2013

Written by Liam

Over 30 years experience in financial services, residential lettings and property sales. Director of a leading national estate agency chain, until leaving in 2008 to pursue other commercial interests. Vast experience in new business development, business change, management development and business strategy.

More about Liam

Selling your property online – what service do you get for your money?

online estate agent

Is it worth selling your house online

With estate agents typically charging, on average, 1.5% of the sale price to sell your property, it's not surprising that sellers are turning to cheaper alternatives to try and save money. There are a growing  number of 'internet only' estate agents offering a cheaper alternative to the usual estate agent by keeping staff and premises costs to minimum. Obviously, if you can sell your property without incurring large fees then it will certainly help to keep the moving costs down. So how much do they charge and what services do they offer? I've taken a look at some of the main 'online only' estate agents to help you to make the right decision if you decide to go online.

hatched.co.uk

  • have a network of regional offices manned by experienced estate agents
  • visit your property to measure up, take photos and compile property details
  • started trading in 2006
  • charge a fee, if house sells, so are motivated to find a buyer rather than just list your property
  • advertise properties on Rightmove, Zoopla and Primelocation and many more
  • offer 3 service types - £0 upfront with 0.6% on completion, £150 upfront with 0.3% on completion, £270 upfront with £270 on completion

housesimple

  • offer home visit to conduct a valuation, write property details, floor plans and photography as standard
  • their 'Professional service' also organises viewings, negotiating and sales progression
  • advertise properties  on Rightmove, Zoopla, Findaproperty, Globix and many more
  • As well as the Standard service at a flat fee of £195 there are 5 levels of the 'Professional service with the highest fee being £1295 on completion

MyOnlineEstateAgent.com

  • an agent will visit your property to take photographs, measurements for a floor plan and prepare property details
  • advertise properties on Rightmove, Zoopla, Primelocation and many more
  • organise viewings, financial vetting of buyers, negotiating and sales progression
  • 3 service levels - Self Upload - £325+vat, Sellers Package - £349+vat, Upfront Fee - £199+vat and £299 on completion

housenetwork.co.uk

  • offer home visit by NAEA qualified to conduct a valuation plus floor plans, property details and photographs
  • advertise properties on Rightmove, Zoopla, Rightmove and many others
  • organise viewings, financial vetting of buyers, negotiating and sales progression
  • 5 service levels from £395+vat upfront up to £990+vat commission only

Open House estate agents

  • offer home visit to conduct valuation plus floor plans, property details and photographs
  • advertise properties on Rightmove
  • organise viewings, negotiating and sales progression
  • 3 service levels - £325 upfront, £245 upfront and £325 on completion, £0 upfront and o.85% on completion

For further information read our article Selling property online vs traditional estate agents - the facts and advice "

(Image courtesy of  scottchan / FreeDigitalPhotos.net")

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