WHY DO I NEED AN ESTATE AGENT?
THE RELATIONSHIP BETWEEN THE PORTALS AND THE AGENTS IS ABOUT MUTUAL SURVIVAL.
Every profession has its crosses to bear and estate agents are no different. Like cab drivers and their patter, we’re often seen as Flash Harrys; someone with a slick sales pitch but not a great deal of substance.
We often hear the line that selling property must surely be a bit of a doddle; the sort of thing anyone can do if they had time. So why don’t more people just do it themselves?
Why It Ain’t That Simple
The thing is, it isn’t actually all that simple. For a start, you can’t just take a few pictures of your house and pay Rightmove fees for a slot for your home on the UK’s biggest property portal. Indeed, unless you’re selling through an estate agent, did you know the major online portals will not advertise your property?
Why? Well, if they did and it caught on, estate agents would quickly become largely irrelevant. Instead, Rightmove would be dealing direct with the selling public. That would mean a huge surge in administration and a huge recruitment drive, pushing the cost of Rightmove selling fees through the roof. The risk then would be that fewer folk would want to pay and Rightmove’s own existence could become an issue.
So you see, although it might look like a cosy club, the relationship between the portals and the agents is about mutual survival – although even some agents resent the advent of the internet and paying these new-fangled portals as well!
Selling your own home without an estate agent isn’t impossible. Some have tried creative methods such as raffles, Facebook posts, their own advertisements in the press and even posters in the local shop.
But, at the end of the day, if you can’t be doing with all the stress, the simplest method is to pick an estate agent – either online or on the high street, depending on how much you want to pay.
But What Am I Paying For?
Selling a home isn’t as simple as just asking how much does it cost to advertise on Rightmove? It’s about identifying your audience and then working out how you’re going to reach them – but that’s not all your estate agents’ fees cover.
Sell your property with us at Esale and we’ll work with you from valuation to completion. We’ll also negotiate with possible buyers, we’ll arrange viewings and be there if you need us, we’ll chase up your solicitor – as well as your buyer’s – and we can even help with things like removals.
We hope you think that’s worth just under £500 up front (including VAT) – although you can also pay us on completion if you prefer. But, what’s more, if you’re not happy within 30 days, we’ll even give you any money you’ve paid right back. No arguments. No quibbling.
So, although we wouldn’t say it’s impossible to sell property without an estate agent, we tend to find it takes a certain sort of person to do so successfully. If you’re not convinced you’re one of them, we’re ready and waiting. Just give us a call or drop us a line and we’ll take it from there…