3 Key things to remember when selling your home through an Online estate agent

While house prices have begun to decline in recent weeks, experts are optimistic that both demand and property values will gather momentum during the summer. So even though just 10% of chartered surveyors reported a rise in the level of demand for real estate in April (compared with 47% in March), the warmer weather and improved economic sentiment will see growth return during the third financial quarter. This means that those with a desire to sell their home should target the summer as a window of opportunity and begin to lay their foundations now.

3 key pieces of advice when selling your home through an Online Estate agent

If you are planning to sell your home, you are increasingly likely to partner with an online estate agent. These entities are increasingly popular in the modern age, so here are three key pieces of advice when dealing with a virtual agent: –

  1. You will be entitled to a free valuation

Online estate agents are renowned for their fluid and flexible service, and this is reflected in the offer of a free valuation for clients. This is a universal feature across all online agents, and it provides you with valuable insight into the potential value of your home in the real-time market. By securing your valuation now, you can estimate the potential increase once property values begin to rise once more and establish a price point that the market can bear. Such a valuation is usually charged by traditional agents, so do not overlook this when you go online.

  1. Online Estate Agents charge a fixed, transparent fee

In general terms, traditional agents tend to charge a fixed percentage of the final resale value of your home, and this sum is usually payable upon completion. Until the price is agreed, however, it is impossible to determine exactly how much you will pay, and this can create confusion and significant misunderstandings. In contrast, online agents usually charge a transparent fee that is fixed regardless of the final resale value, meaning that you can plan your finances more accurately and enter a deal with greater confidence.

This fee is usually in the region of £300 to £700, so check with your individual provider to confirm this.

  1. High quality visuals are crucial to the sale of your home

Online agents are becoming increasingly popular, primarily because these entities have the capacity to market your home outside of the local area. This makes it accessible to people who live further afield but may be looking to relocate to your area, and this explains why the UK’s leading online agent has completed an incredible £2.83 billion in sales since its inception.

To capitalise on this, it is crucial that you capture the essence of your home in high resolution images. By identifying the key selling features that define your home and then marketing these through compelling imagery, you can clearly present the unique value proposition of your property to clients.

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Almost one in five first-time buyers seeking max 60% LTV mortgages

Almost one in three (31%) first-time buyers are opting for 90% LTV mortgages, and a further 10% are looking at 95% LTV options. This hints at many first-time buyers relying on 5-10% deposits. This translates to £13,650 to £27,300 at the average UK house price of £272,995 [source]. Almost one in five (17%) first-time buyers…
Read More
Breaking News

Property values bounce back in October

The latest Halifax Property Index shows that: – House prices rose by +0.6% in October vs a fall of -0.3% in September Fourth time in last five months that the average price has increased Average property price now £299,862, edging up to a new record high Annual rate of growth rises to +1.9% (up from…
Read More
Breaking News

UK house prices rise at fastest pace since January

House prices rose by +0.6% in October vs a fall of -0.3% in September Fourth time in last five months that the average price has increased Average property price now £299,862, edging up to a new record high Annual rate of growth rises to +1.9% (up from +1.3% in September) Mortgage approvals reach highest level…
Read More
Rightmove logo
Breaking News

Rightmove accelerates AI product delivery to surface more potential sellers and buyers for agents

The UK’s largest property platform Rightmove is today announcing a series of AI developments for consumers and partners, to help agents reach more potential sellers, buyers and renters. There are currently 27 AI initiatives in development, as Rightmove makes AI technology central to its platform to benefit partners and home-movers. Four new developments – two…
Read More
Estate Agent Talk

How to Pick the Best Option for your Business’ Broadband

Having a dependable broadband connection is crucial for any business. Whether you run a small office or a larger company, a slow or unstable connection can disrupt work, affect communication, and reduce productivity. Picking the right broadband package does not have to be complicated, but it does require careful thought about your business’s specific needs…
Read More
bank of england interest rate
Breaking News

Bank of England Hold’s Interest Rates at 4%

With the Bank of England holding Interest Rates at 4%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgages expert: “Ahead of one of the most widely anticipated and discussed Autumn Budgets of recent times, it was unlikely the Bank would go for another interest rate cut so close to the announcement and…
Read More