There are a lot of options available when it comes to selling your home. One particular method that’s becoming increasingly popular is the use of online estate agents. Their main selling point is their cost-saving benefits compared to traditional high-street estate agencies. So, how much could you save by going through an online agency and is it worthwhile?
Are online estate agents really cheaper?
When you sell your property, you obviously want to make sure you’re getting the best price. Traditional estate agents used to be the only option available and while they’ve always taken a cut of the final selling price, the costs used to be much more affordable than they are now.
The fees charged by estate agents have gradually increased over the years and now sellers face thousands of pounds’ worth of fees. So, it’s unsurprising sellers are looking for alternative, cheaper options and that’s where online estate agents come in.
Unlike offline agencies, online estate agents charge a set fee, rather than a percentage of the selling fee. This fee does usually need to be paid upfront, but it’s a fraction of the cost that offline estate agents charge.
There aren’t as many fees included with online estate agents either. So, if you’re looking to benefit from the expertise of an agent, without paying extortionate fees, an online agency is definitely recommended.
Helping you to sell your home quickly
Another advantage of choosing an online estate agent is they are typically more driven to sell the property quickly. So, if you’re looking to save time and want a quick sale, an online agent such as Hatched is the better option.
Traditional estate agencies aren’t concerned with selling the home quickly as the more they can get for the property, the more money they’ll make. This means they won’t necessarily get you the best price either and the home could be stuck on the market for months, if not years.
Overall, online estate agents do save time and money and sellers also have a lot more flexibility. For example, you can choose to do your own viewings if you’d prefer and you’re given a lot more control over the process than you are with a high-street agency. So, if you’re looking to sell your property, you might want to consider looking into an online estate agent.