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New fixed-price property selling service launches online

15th July 2011 Print

A new fixed-price property selling website has launched, hot on the heels of statistics that show people are spending longer than ever on property websites.

PropertyEagle.co.uk – with operations UK-wide - charges just £249+VAT for selling a property, no matter its value or size. PropertyEagle.co.uk differs from most of its competitors as it feeds to all the top online property portals, including Rightmove, Zoopla, Findaproperty and Primeloaction – a crucial point when you are bypassing a high street estate agent.

The website is the brainchild of estate agent Tom Lodge, who realised the future of property was online and not on the high street. Tom comments: “We’re so accustomed to looking for a home to buy online that it’s the logical next step to start selling online as well. PropertyEagle.co.uk offers every service an office-based estate agent would, bar the accompanied viewings – all at the fraction of the price of an estate agents’ fees.”

PropertyEagle.co.uk has worked out that most estate agents charge between 1 and 2.5% +VAT of the property’s value and with the national average home now costing £238,874 , the average fee paid for selling a home at this value would be £5,016 including the VAT . With PropertyEagle.co.uk, the £249+VAT fixed selling fee applies to any property, no matter the value or size. For that fixed fee, the property is advertised online with websites including Rightmove, Zoopla, Findaproperty and Primeloaction.

Tom continues: “We are a true online estate agency, with none of the overheads of a typical high street estate agency – that’s how we can offer our fixed selling price. All our visiting staff are experienced estate agents who can offer property valuation guidance and advice.”

Selling your home with PropertyEagle.co.uk is a familiar experience. A member of staff will come round and explain how PropertyEagle.co.uk works and will answer any questions. Once instructed, they will take photographs and measure rooms to create a floor plan. An informative set of digital property particulars are then created and fed to all the leading property portals. The sellers will even receive a ‘For Sale’ board to help generate local interest, directing people to the website.

The fixed fee also includes a weekly report that shows how much interest in being generated for that property, including details such as the number of people who have viewed the property online.

PropertyEagle.co.uk appoints each seller with an account manager, who personally oversees the marketing of the property and the resulting sale – something that’s not always the case with busy high street estate agencies. The account manager will create a timetable with the seller in order to book viewings, negotiate on all offers with buyers, which is the most important stage of a sale where experience is crucial. Once the sale has been agreed they will produce sales memorandums for both parties and their solicitors. All the seller has to do is show prospective buyers around their own home.

Tom adds: “Letting the homeowner show around prospective buyers is often the best way of selling the property, as the owner can answer all questions about the property, the neighbours and the local area. If a customer cannot show round the buyer, we can organise accompanied appointments or open days at an additional cost.”

It appears that online property transactions are becoming the norm, especially if the service offers money-saving advantages, such as those offered by PropertyEagle.co.uk. Are we seeing the stranglehold of High Street estate agents threatened?