Online Estate Agent
in Leicester

Online estate agents charge a fixed, one-off fee which depends on the level of service they offer.  In most cases, this means they are a lot cheaper than high street estate agents who typically charge a commission, between one and two per cent of the asking price, on completion of the sale.  The more expensive your home is, the bigger the potential savings of a flat fee.

For example, if you sold a property worth £300,000 using a high street agency that charged one per cent commission, you’d pay £3,000 plus VAT. If you’re selling a home for £600,000, the bill would be £6,000 plus VAT.

It’s the same process whether an estate agent is selling a property worth one million pounds or £100,000. Sold offers a fairer, low-cost flat fee, suitable for your needs.

Sold provides a 24/7 service which means online estate agents can be flexible to suit your schedule. Some companies offer sellers an online dashboard, so they can track progress, update details of their property and confirm viewings. Our call centres can be contacted seven days a week outside of traditional office hours.

Research showcases that online estate agents sold properties 38 days faster on average than traditional agents (although many high street agents would dispute this). Furthermore, the same study, published in February 2017, found that traditional agents were more likely to make big price cuts in order to sell homes.  The research found 19 per cent of properties sold by traditional agents were reduced by five per cent or more compared to 13 per cent for online-only agents.

A high street agent offers a complete marketing package as standard, along with a single point of contact and continuing support throughout the whole selling process, from valuation to completion.

 On the other hand, an online estate agent offers a wider and insightful approach, giving you much more control. A standard package includes valuation and advertising on major online property portals. The rest of the work, such as hosting viewings and fielding offers, can be organized by you or our team of experts can host viewings for free!

 Both online agents and high street agents can get things wrong sometimes. However, there is a growing consensus in the home-selling community that online agents often perform better, have an easier system and at a lower fee.

Online agent charges are free or have a fixed fee for their services, with different payment packages for differing levels of service.

In contrast, a high street agent charges a commission fee based on a percentage of your property’s final sale price.

 It should be noted that hybrids offer similar ‘no sale no fee’ services. Sold, for example, offers a free package of photos, house viewings and advertising. This is something that most high street real estate agencies charge upfront for free.