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You are here: Home / Featured / Do Online Estate Agencies Actually Work?

January 7, 2017 by: Julie

Do Online Estate Agencies Actually Work?

Online estate agencies have brought many highly competitive agents to the disposal of buyers and sellers. Utilizing an online estate agency is one of the easiest ways to increase your profits while giving yourself peace of mind in knowing that you have evaluated all of your options. With the sector being seen as a “safe-haven” for many, here is how online estate agencies help you find the best deal at the best price.

Huge Savings Benefits

The first and foremost benefit to using an online estate agency is the savings. Conventional estate agencies charge between 1% and 3% of the purchase price, which can add up to a hefty charge on a high value home. When you compare this prime rate to the fixed charge of online estate agencies, the savings begin to add up quickly.

What Makes a Good Online Estate Agency?

Online estate agencies need to be reputable and competitively priced. They also need to rank well within local search results and have a noticeable presence online. Most buyers would rather peruse possible listings online, than via conventional print media. This great new way of selling your home gives potential buyers the chance to view your listing at any hour of the day or night, while giving you round-the-clock support as well.

Flexible, Fixed Cost Listings

Most sellers have received far more offers when listing their property online, as opposed to when they advertise using conventional methods. Most online estate agencies charge a fixed fee, as opposed to a scalable percentage. Sometimes, this cost is even deferred for up to six months for free. Viewings can be managed by either the online estate agency, or by you, yourself. When listing or viewing a property online, you are not locked into any fixed arrangement.

The Value-Added Benefits of Online Estate Agents

Many online estate agencies give you a range of invaluable tools. From virtual tours, to targeted advertising, online estate agencies are packed with convenience for both buyers and sellers. A little extra effort on the part of the owner, and a listing can quickly be transformed into an attention-grabbing hot-seller. Certain agencies even give you the option of promoted listings, ensuring that you are seen first.

Find the Perfect Property Online

As a buyer, online estate agencies give you unparalleled convenience and the chance of big savings if you shop intelligently. Compare your listings carefully and take advantage of the chance that most marketplaces give you to communicate with the seller directly. When browsing online, you have many tools at your disposal. Establish your price range with a mortgage calculator, and start comparing your local listings. In most cases, you will find that buying a home is far more affordable than would be expected.

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