The dramatic rise in homeowners choosing to go with online estate agents, rather than their more expensive high street counterparts, means there is an increasing number of options for you to choose from. The question is, what’s right for you? To help you in your decision, we’ve dug deeper into how they work, how the services vary and also explored some of the less obvious areas that should be considered for this all-important decision. Online estate agent fees and services Online estate agents are known for their low fees, which can save people thousands of pounds when compared with the percentage-based fee that high street agents charge. Most online agents charge a one-off fee at the point of instruction, or, allow you to defer this for up to 10 months. It’s worth noting though, the agents that offer you to postpone their fee will always collect payment, regardless of your property selling. With only 55 per cent of the homes that come to market selling, 45 per cent of homeowners who choose to pay upfront (or defer) can end up paying for a service that doesn’t necessarily lead to a house sale. If that doesn’t sound appealing, you may want… Read full this story
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