Should I use an online estate agent to sell my house online?

While the prospect of saving thousands of pounds for someone wanting to ‘ sell my house online ‘ is a good incentive for using an online estate agent, will they deliver what they promise?

For many vendors there’s a lot at stake in what could be a very important financial transaction but with a growing trend away from High Street estate agents towards online estate agents then they must be doing something right.

The first thing to say is that depending on how much commission a High Street estate agent charges, it is usually around 1.5% of the selling price, means that someone selling a property for £300,000 is paying their agent £4,500.

This appears to be a very large amount of money when compared to the online estate agents offering which will do the same work to find buyers and help with negotiations with some basic packages starting at just a few hundred pounds. The more expensive services which include more hands-on help and assistance will be around £1,000.

Property for sale Manchester

Just like High Street estate agents will, their online counterparts will also use the large property portals such as Rightmove and Zoopla to promote the vendor’s property, and this may be for a property for sale Manchester so the listing will be geared to helping people searching online to find it.

One reason for this is that the vast majority of people begin their search for a new home online rather than by checking local newspaper adverts or by strolling past the agent’s High Street office window.

The online estate agents will also offer a variety of packages which will detail the services they will deliver, for instance, most offer ‘For sale’ boards as an extra cost.

Also, to keep prices down, the vendor may need to conduct viewings but some online agents will offer help and advice and also conduct viewings with a local property expert.

Searching for a house for sale Manchester

The online agent will also arrange the viewings using an online site though some agents will simply pass an interested buyer’s details onto the vendor – again a great service for someone who is searching for a house for sale Manchester, for example.

One of the interesting questions about someone looking to ‘sell my house online’ is how they go about valuing their own property. The easiest way is to simply invite two or three estate agents to visit and offer an opinion on the potential price.

Online estate agents can also do the same by using local data and their own experience and expertise to offer a price that will help the property sell quickly.

Finally, most online estate agents will also offer help when it comes to negotiating the final price with a purchaser and then deal with the selling process right up until the exchange of contracts which for someone who is interested in wanting to ‘sell my house online’ will be of great benefit and probably a big relief as well.