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  • Are Online Estate Agents Reliable?

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Price Range
Minimum:
GBP
  • 400 K
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  • 1 K
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  • 1.8 K
Maximum:
GBP
  • 400 K
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  • 900 K
  • 1 M
  • 1.5 M
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  • 2.5 M
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  • 8.5 M
  • 400
  • 500
  • 600
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  • 1 K
  • 1.2 K
  • 1.4 K
  • 1.6 K
  • 1.8 K
GBP
  • 400 K
  • 500 K
  • 600 K
  • 700 K
  • 800 K
  • 900 K
  • 1 M
  • 1.5 M
  • 2 M
  • 2.5 M
  • 3 M
  • 3.5 M
  • 4 M
  • 4.5 M
  • 5 M
  • 5.5 M
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  • 6.5 M
  • 7 M
  • 7.5 M
  • 8 M
  • 8.5 M
  • 400
  • 500
  • 600
  • 700
  • 800
  • 900
  • 1 K
  • 1.2 K
  • 1.4 K
  • 1.6 K
  • 1.8 K
To
GBP
  • 400 K
  • 500 K
  • 600 K
  • 700 K
  • 800 K
  • 900 K
  • 1 M
  • 1.5 M
  • 2 M
  • 2.5 M
  • 3 M
  • 3.5 M
  • 4 M
  • 4.5 M
  • 5 M
  • 5.5 M
  • 6 M
  • 6.5 M
  • 7 M
  • 7.5 M
  • 8 M
  • 8.5 M
  • 400
  • 500
  • 600
  • 700
  • 800
  • 900
  • 1 K
  • 1.2 K
  • 1.4 K
  • 1.6 K
  • 1.8 K
Dated:
Mar 18, 2023
Read Time:
Topic:
Estate Agent

Are Online Estate Agents Reliable?

Are you thinking of selling a property in the UK? According to market practices, your immediate thought is hiring a well-accomplished street agent because all clients do that. However, you forget about their counterpart. An online estate agent will perform the same activities and cause you less trouble.

Why hire online estate agents?

Digitisation has immensely changed how things operate. With online estate agents surfacing, they will sell properties faster. An online agent will perform the activities virtually to minimise wastage. Here is why you should consider working with them instead of a physical agent

Flat fee

Did you know hiring an online estate agent in the UK is significantly inexpensive? High-end agents usually charge a commission of a particular percentage of the sales price. According to the market practice, it is usually 1.5%. In other words, if the property sells at £250,000, you pay £3,750 commission fees.

Unfortunately, the primary issue with the commission model is that London property prices have increased exponentially. Therefore, with the standard percentage, the commission increases. With limited income and funds, the buyer bears the burden.

An online estate agent will charge you a flat fee, regardless of the selling price, so you save thousands of pounds.

Easy to update

An online estate agent is ever-present to update the property listing. When hiring a traditional real estate agent, the client must wait for an appointment if they identify a mistake on their listing. In addition, there are also bank holidays, days off, and a busy schedule. The obstacles will delay the selling with each passing day.

On the other hand, online estate agents directly change the listing as necessary. It is much easier for clients to edit, upload photos, and change the listing price. Furthermore, the estate agents also offer active customer support teams into late evenings or the entire week.

No Middleman

A high-end seller will spend much chasing clients with an unsure outcome. They may gain a client or lose them to competitors. Furthermore, when the sale progresses, they must keep everyone updated too. In other words, there is a middleman because the clients do not prefer direct contact.

An online estate agent will speed up the process by directly linking the client to the seller. As a result, everyone stays updated on the progress. All doubts are eliminated, and the buyer can answer questions directly. The process is a lot smoother and less stressful.

No strict schedule

When hiring a physical agent, they request the owner to see the property. These real estate agents will give the property owner a strict viewing schedule that involves date and time. This is called a viewing schedule, which is very inflexible. Unfortunately, the real estate agent will not reschedule because of the client’s inconvenience.

An online estate agent will accommodate the client’s schedule for easy viewing. As a result, the client is not pressured into showing up at tight deadlines. The owner can show the properties in detail to the prospective buyer. The strategy ensures that everyone shows up.

Straightforward process

Using a traditional estate agent is a tedious process. The clients are left waiting for their properties to appear on the list. Furthermore, these agents will also request a valuation. They will return to the site later today to take the pictures. Other formalities are performed by different individuals employed by the same firm. Once everything is complete, the properties make it to the brochures. Even then, there is a probability of misprinting or misinformation

An online estate agent, on the other hand, will approve the property in less than 24 hours. They will value the property, take pictures, and request information on the same tour. The repetitiveness is eliminated. The client witnesses their property on the list without wasting time.

How does Purple Bricks work as an online estate agent?

If you have not heard of Purple Bricks, it is the UK’s leading tech-based property-related business. It has a clear brand direction and believes in transparency with the clients. Furthermore, Purple Bricks also offers exceptional customer service. Here is how Purple Bricks works with online clients from the UK:

• The process begins with an appointment with Purple Bricks. The clients can meet the representative virtually or physically at the time and date best suited for them. The company encourages the clients to create a checklist for queries.

• The second step involves valuation, which Purple will share openly with its clients. It will mention all the property details.

• Purple Bricks begins with familiarising the property. The client can pay the fee in lumpsum or defer it to 10 months, whichever is most convenient for them.

• After studying the property, Purple Bricks will create an advertisement that showcases the property. Purple Bricks will take pictures following COVID guidelines. In addition, Purple Bricks will also add a floor plan and create an enticing description.

• Purple Bricks will reserve the time for viewings. The client can approve the timings as they are the primary priority. In addition, the online estate agency will practice necessary health precautions for everyone’s safety.

• Lastly, Purple Brick will manage the sale and provide the client with the buyer’s feedback. When the clients accept an offer, the support team will guide you through the post-sales process.

Online Property valuation free from online estate agents

Online estate agents also offer a free valuation feature which allows the clients to realise the best monetary value of the property. The algorithm factors current market trends and other economic indicators for an updated valuation. You can participate in an online property valuation from the comfort of your sofa. The feature will accommodate curious clients who wish to rent, re-mortgage, and sell their properties.

The Bottom Line

Online estate agents have revolutionised the property industry. Hiring them has numerous advantages as they accommodate clients’ personal preferences. Furthermore, an online estate agent will work closely with the property owners to build credibility in the market.

TRPE will also perform an online market valuation for your property. We empathise that the valuation process is a headache. Therefore, we use more than four decades of experience to help you find the correct property. In addition, our experts will also offer you the right guidance. Reach us via phone or email for further assistance.

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