The internet is changing the way things are done, and the property industry is no exception. With so much money at stake, consumers naturally want to know all the options available to them, and online estate agencies provide a viable alternative to high street agents. What’s more, they present the opportunity to shake up an industry that has perhaps been doing things the same way for too long.
Online estate agents charge a fixed fee, versus the commission-based structure that traditional estate agents have used for decades. With UK housing prices so high, many home buyers are unable to afford the high fees charged by traditional estate agents, and those aware of the alternatives are turning to online estate agencies in order to save cash.
Whether traditional estate agencies will choose to adapt to this transition remains to be seen, but it’s clear that online estate agents, such as Tepilo, are on the rise, and that consumers will only benefit from the wider range of options available to them.
Article and Infographic (below) courtesy of Tepilo – Read more here: http://www.tepilo.com/blog/2014/9/online-vs-traditional-estate-agents
— LandlordZONE (@LandlordZONE) September 16, 2014