With the Brexit vote, many people had anticipated a decline in many sectors including the real estate. And many citizens who had been looking forward to sell their property fast wondered if it was a good time to sell or not. Although there had been some jitters initially and people were reluctant to either buy or sell property in the UK, the real estate market in the country is now settling down and there is an increase in the demand from people looking to buy a house.
People are looking forward to sell their house quickly and generate a handsome amount of profits. What they need, at this point, is the expertise of an online estate agent who has mastered the art of working with the nuances of the real estate market. This expertise would guide you towards an efficient and a quick sale of your property. Here, we are listing some of the reasons why selling your house through an internet estate agent is a good idea:
1. Internet Estate Agents Can Get More Viewers than the Traditional Agent
In a business, the best way to sell a product is to go where there is a need of the product and market it to them. The same concept applies when you are selling your home. You have to market your house where you know the buyers would be looking for houses. In this case, it is the online property portals. The websites like Rightmove, Zoopla, PrimeLocation and NeedAProperty receive a staggering amount of traffic from serious buyers. In order to get their attention, you need to list your house on these sites. Did you know that about 95% of the people who have moved in UK have either used Rightmove or heard about it! With the increase in the advancement of technology, people prefer to look for the many options available online before making a decision. If you don’t cater to the online market, you will be left behind, and will not be able to make a good sale, even if your house has all the amenities that a buyer would need.
Now, in order to cater to this huge online market, you need to list your house on a property portal, which can only be done through a registered estate agent. If you are thinking of hiring a brick-and-mortar estate agent for this, think again! They may certainly know how to list houses on property portals, but traditional agents do not have the expertise of online estate agents, who are well-versed in the tactics of online marketing to get the best value for your property. They understand how property portals work, and the demands of the online customers. These details are vital to help your house get the attention of the right audience. Your internet estate agent would help you through each step of the process.
2. You Don’t Have to Break Your Bank by Paying High Fees to the Agent
Possibly the best part about hiring an online estate agent is that you get the best services in an affordable range. If you think that this seems suspicious, and that there has to be a reason for this low cost, well, there is!
The main reason why hiring online agents to sell your property costs so low is that those agents work solely online. The traditional agents have a physical presence which they need to maintain. The cost of the electricity bills, maintenance and staff adds up to a huge amount which they need to cover from their fees. Since the online agents do not face this problem, the money you pay for is exclusively for their expertise and service, and not for the bills that they have to pay.
Selling your property is of no use if you are losing money in the end. The best way to make sure that you are getting profits from a sale if to hire an agent who will ask money only for the service they provide.
3. You Get Regular Updates by Selling Property Online
The problem with selling property through a traditional seller is that you don’t know how well you are doing in the market. You won’t be able to see whether your property is getting enough views in the market or not. You simply have to depend on the agent to let you know if there are any viewings.
On the other hand, if you are using an efficient online estate agency like iMoveEstates, will give you the control you need to sell your property. The performance of your property would be updated to you with regular reports and statistics, and you can easily see the details of potential buyers who are interested in your house. This will make it easy for you to make an educated decision.
4. Online Agents are Motivated to Sell Your House Fast
Online estate agents are handy with tools like Zoopla Estimate and they have their own valuation tools as well in order to make the process of the sale as smooth as possible for the client. They are motivated to make quick sales, as they cater to more than one client at a time.
This motivation brings massive benefits to you, as you can rest assured that your house will be marketed in the right audience, and you can reap the benefits of saving on a huge chunk of your time and energy. Instead of waiting for your house to sell, you can spend more time in managing your finances, or planning to move out of the house.
5. The Process of Selling Property Online is Much Easier than the Traditional Process of Selling
The traditional agents take more time to sell your house as they do not have the tools or the expertise which can make their job quicker and more efficient. Therefore, when you choose a traditional agent to sell your property, you bound yourself to a time-consuming, multi layered process that will stretch on for a long time.
Online agents, on the other hand, use top notch tools to make the process as quick as possible, and with this efficient system in place, you get to save valuable time.
Similarly, if a traditional agent needs to put a price on your property, they would use the old methods of looking into the limited region-specific knowledge and using the standard values in your area to determine the price. However, truth is that there are many other factors that contribute to the price of a house, including the curb appeal of your home, the amenities you are providing, the state of your house and the current market trend. Online estate agents take all of these factors into account and provide you a realistic price that is based on accurate information and the recent trends in the market.
The importance of setting the right price of your house cannot be stressed enough. If you set the price of your house too low, then you are at a risk of losing money that you could have generated if you had priced it right. This is something that you will forever regret. Similarly, if you price your house too high, you will repel any customer who will then look for houses that offer a reasonable price for the same features that you are offering.
6. By Selling Online, Your Property Gets Exposure to More Financially-Sound Buyers
When making a sale, every homeowner wishes to get the best value for their money. If you hire the service of a traditional estate agent, you will find out the hard way that the buyer base of these agents is quite limited. There will not be many potential buyers, and in that limited amount, there will be few who would be willing to pay the right amount for your lovely home.
In the online market, however, there are more buyers as there are thousands of people looking for properties. Rightmove gets over 30 million hits in a day, and this is only one portal. Internet estate agents list your house on more than one portal, which drastically increases your viewer base and the chances that you can get serious buyers who are willing to pay for the amount that you have listed for your house. So, by the time that a traditional buyer will create an estimate for your home, an internet estate agent would provide you with one (or more!) viewing for your property.
Therefore, selling your property online will not only help you get a quick sale, it will also generate profits for you!
7. The Future of the Online Estate Agency is Bright!
Due to the plethora of benefits that they provide to their customers, the future of online estate agency is quite bright. So much so, that many real estate experts have estimated that by the year 2020, online agencies could handle 50% of all sales. Taking into account the fact that the online real estate agencies first started in only 2005, this is a huge achievement.
With the passage of time, people are relying more and more on the online services, and getting the results that they never dreamed of while using a traditional agent. People find it easier to browse online for the houses that are listed than take an appointment and visit an estate agency to look for houses. This ease and the benefits that you get from the service are what have made the online estate agencies so popular among British citizens.
8. Using Online Estate Agents is More Convenient than the Traditional Agents
Getting hold of traditional brick-and-mortar estate agent is a cumbersome task, since you need to take an appointment, and only contact them in the hours that are specified. There is no such restriction for an online estate agency. Online estate agents are available to serve you 24 hours a day, seven days a week. You don’t have to worry about contacting them during “lunch break” or any other time when they are not available.
Getting in touch with them is as easy as writing a message to them on their website or giving them a call. This instant availability of the agents allows you the flexibility to contact them whenever it is convenient for YOU, rather than worrying about what is convenient for them. In addition to this, the online agents do not charge you for answering your queries, and are always ready to assist you in any way they can.
9. You Get More Flexibility with the Different Packages Offered by Online Estate Agents
Let’s face it: a one-for-all option does not work. For instance, some people would prefer using the extra features of receiving an EPC from the agent or getting a professional photography and floorplan made especially for your house. Other people may already have an EPC, or they might already have taken pictures of their house and chosen the ones which they want to publish on the site, and thus would not need to pay for this feature. Different people have different needs, and forcing the same type of package on them will only turn them away from your service.
Esteemed online estate agents offer different selling packages for their customers. This ensures that you only pay for the features that you really need. You are also offered a wide range of payment modes such as Visa, PayPal, and MasterCard etc. so that you don’t have to worry about the method of payment.
10. Freedom to Choose Another Service
The traditional estate agents bound their customers in a contract, so that even if the customer is unhappy with the services provided by the agent, they can do nothing about it. This is not the case with online estate agents, with whom you are not bound with in any type of contract, and have the freedom to leave whenever you wish.
If you are looking for a reliable online estate agency to sell your property, contact iMoveEstates to get the best value for your money!