With the rise of online estate agents like Purple Bricks and Yopa selling homes with 0 commission, it can be tempting for people to head online to sell. However, there are certain benefits of using traditional, bricks and mortar estate agents that shouldn’t be overlooked:
1. You’ll still have to pay a fee
Online agents usually require upfront fees – even if they are unsuccessful in selling your property, meaning you could end up wasting money.
In today’s market it is easy to be tempted to instruct an online agent with a low fixed fee. However, what we have found is that a lot of clients come to us after having tried the cheaper option. In many cases the problem is not with the property or the price but with the online agent’s motivation laying more heavily on selling vendors add-ons rather than proactively selling their property.
-Ashley Coppin, Client Manager at Currell
2. A more personal experience
Working with a face to face estate agents allows you to build a relationship and a trust with the person selling your home. Most online agents work in call centres, meaning you won’t necessarily speak to the same person each time. With a high street agent, you can pop into your local branch and speak to a familiar face.
3. Local knowledge
Estate agents that are based in your local area will of course know a lot about it – and its many benefits. They will know the transport links, the best schools, and what the property market is like in the area. This will be extremely beneficial when selling your property; after all,you’re not just selling a home, but the area it’s in too.
4. Expertise in the market
A business that has been established for longer will know more about the property market, and will be more qualified at giving accurate valuations on your property. They can also offer tips and tricks that they have picked up in their experience.
Bricks and mortar estate agents will also have a list of contacts that they can refer you to for further services relating to your property – e.g conveyancing solicitors. This will save you time in going out and comparing services yourself.
6. Everything’s organised
High street estate agents take the stress out of the process by sorting everything out for you – from initial marketing to negotiating on price. If you don’t feel comfortable negotiating and feel you may not be able to secure the best price you can get, your agent will be well versed in this, and can take care of it.
7. Don’t miss out
Because traditional estate agents advertise both online and in person, you can make sure you attract any potential buyer. Although most people now start their property search online, many still stop on the street or pop in branch to check out properties in the area. With a high street agent, you’ll be marketing to both online and offline purchasers – meaning you won’t miss out.
8. Viewings are covered
Online estate agents seldom offer to conduct viewings on properties, which can be problematic if you don’t feel comfortable doing this yourself. If you don’t have experience with this, it can make the viewer uncomfortable – especially if they notice faults with the property and feel they can’t comment. Bricks and mortar estate agents will be well practised in conducting viewings, and will be able to show your property off in the best light.
9. You’re protected
All high street estate agents are members of a redress scheme, and will usually be a member of the Property Ombudsman – so if their service is poor, you can make an official complaint.