People looking to save money on the sale of their home by using an online estate agent should be aware of the common tricks that could more than double the headline cost of selling their home, according to Russell Bennett of online estate agent Houses.co.uk.
The online estate agency market has grown hugely in recent years and now takes up a significant share of the housing market overall. Most charge one-off fees in the region of £350-700, but there are some who claim that they will sell your house for as little as £95. If you think that sounds too good to be true, then it could well be.
Typically, such a low fee will just cover the cost of a listing, with extras such as ‘For Sale’ boards, EPCs and floor plans costing more. Some online agents charge as much as £35 per viewing, while others do not include sales progression in their basic packages.
“Most online agents offer a variety of packages, so my advice to sellers would be to thoroughly check exactly what you’re getting with each package. Look out for charges per viewing or extra fees upon sale completion. We like to think that we are upfront with our customers and try to save them money wherever we can – we advertise clearly what’s in each package and that’s all you pay, plus all our plans include sales progression,” said Russell, co-founder of Houses.co.uk.
“As with any online industry, it’s a few rip-off companies who damage the reputation of the whole sector,” he added.
One of the latest and most innovative entrants to the UK housing market, Houses.co.uk aims to make buying and selling houses easy and affordable with a fixed price listing rate that saves sellers thousands and brings buyers a wide choice of properties and the best level of service. A member of the Property Ombudsman, Houses.co.uk is as safe as, well houses, when it comes to buying or selling any property in the UK.
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