The main idea of using online real estate agency is the affordable price tag, mainly because you will be able to save hundreds and even thousands of pounds in case that you decide to bypass expensive advertising and street agents.
We all know that estate agents‘ fees can vary between one and four percent of the entire sale value, and you should add VAT. So in case you sell your house at price of 300K pounds, then you will have to pay at least 4,500 pounds plus VAT, which means that you will spend at least five thousand pounds for it.
Now, that we’ve finished with math and calculation, you understand that finding street agent for this particular purpose is expensive and will take more money out of your pockets than you should give. That is why you should find a UK online estate agency that will provide you with the ability to sell your house with ease and without these additional expenses.
The Benefits of Online Estate Agents
Similarly, as we mentioned above, the biggest reason why people choose this particular type of real estate is due to the affordable price tag, but there are also other advantages for booking an online agent as soon as you decide to sell your house or any other real estate property.
- It Is Open 24/7 – Choosing a street real estate agent means that he will work throughout the day, but he won’t have the same efficiency as the internet way. Since the web is open 24/7, it means that everyone can check your property anytime they wish for. Some people enjoy watching and browsing all night long, while others have different habits. In both cases, you will be able to reach a wider audience than before, which will allow you to sell your property with ease. Click here to learn more on real estate markets.
- It Is Convenient – At the same time, the internet is the fast and straightforward solution for searching appropriate houses. Due to broadband and fast internet plants, most buyers and sellers will be able to reach each other in a matter of seconds, which is not the case with other real estate mediums. At the same time, most people will search online for house or apartment especially because they do not have enough time to visit each of them, which is why high-quality images and surrounding those appeals to them will lead them to visit and view your house.
- You Will Be In Control – The best thing about it is that you will be in the control of selling process, which is another reason why most homeowners decide to use this particular medium for selling their properties. By choosing online estate agent, you will be able to place your house on the market, organize everything and finalize the deal afterward without paying admission fees and other things that you should by hiring street estate agent.
Disadvantages of Online Real Estate Agents
We also have to mention problems of using online estate agencies, because they exist. Most online systems require from you to conduct everything by yourself, which could be a hassle for busy people. At the same time, you have to carry out the negotiations and monitor the entire process until it reaches completion.
- Local Estate Agents Know Market Better Than You – It is logical assumption that local real estate agent will know more things about the market than yourself, which is a disadvantage because you will have less experience and it would be easier to bargain with you. Since they understand what sells in your area, they can easily use keywords that will promote your house so that you can appeal all potential buyers. Check this link: https://www.investopedia.com/terms/v/valueaddedtax.asp to see what is value added tax or VAT
- Admission Fee Will Push Them To Help You Sell Faster – Another logical idea is that since real estate agents will earn only if they sell, it means that they will try to sell your property for the highest price possible and in a timely manner. Since they will get a percentage out of it, you will be able to sell your house promptly. In both cases, you can rest assured and let him or her find a way to help you with the sales for the fee you will provide him. It is simple as that.