11:15 15 July 2014
Many sellers think that they can negotiate a better deal if they list their properties with online agents. There are many websites nowadays that offer to sell property at prices that seem to be below those offered by high street estate agents. The services offered however significantly differ from those offered by the ‘offline’ agents.
Conventional office agents, on one hand, provide services that include accurate valuation of property, viewing of property, databank for potential buyers, negotiation of property price and even ensuring the completion of a sale that has been agreed on. High street agents are deeply knowledgeable in the industry and follow a professional code of conduct that bequeaths both the seller and buyer with peace of mind during the sales process.
On the other hand, online agents will post photos and advertise your property online. They will arrange for enquiries and property viewings but the seller is likely to show potential buyers around. Online agents may (not) offer sale progression. You are likely to negotiate offers and personally deal with legal representatives, and you don’t want to go through these hassles, do you?
High street agents give your property maximum exposure by advertising online, in local dailies, in shop windows and on their professional For Sale boards. They are also beneficial in that they will guide you through the sales process and provide precious market insight to assist you make informed decisions. While online – only agents charge a flat fee, high street agents look forward to the commission accrued from a successful sale. They will thus use their professionalism and skills to negotiate the best price for your property on your behalf since it also means a greater commission on their part. Professional office agents provide you with expert knowledge about the industry and legal protection. It is advisable that you search and research online and then visit your high street agent prepared to bargain.