It’s important to make an informed decision when choosing an estate agent to let or sell your home.
If you search the web today looking for a local estate agent, you will most likely discover a mishmash of ‘hybrid estate agents’ and ‘traditional estate agents’. However both types have their limitations. As such, MoveSelf are providing consumers with a completely bespoke and cost effective alternative – a ‘tailor-made estate agent’. So what are they and what’s the difference?
What is a Traditional Estate Agent?
The key advantage that traditional estate agents (otherwise known as a high street estate agents) have over hybrid and tailor-made estate agents is that they have a physical presence on the high street. In other words you can go and visit them, have a face-to-face conversation and arrange for them to sell your home. They will send one of their agents to your home to undertake a property valuation, take photos, design floor plans and create your property listing online. Once your property is listed they will deal with enquiries, negotiate offers and provide sales progression. Critically, they will also conduct property viewings on your behalf.
The costs associated with traditional estate agents are typically high.
What is a Hybrid Estate Agent?
Unlike a traditional high street estate agent, a hybrid estate agent doesn’t have a presence on the high street but instead they exist ‘in the cloud’. The ‘cloud’ is just a fancy, techie term for being a remote service.
With hybrid estate agents you will generally initiate your property sale online or over the phone, and they will send somebody to your home to undertake a property valuation, take photos, design floor plans and create your property listing online. Once your property is listed they will deal with enquiries, negotiate offers and provide sales progression. In contrast to a traditional estate agent, you as the property vendor will conduct your own viewings.
The costs associated with hybrid estate agents are typically moderate. They are able to sell your home for less since their operational costs are lower due to not having a high street presence.
What is a Tailor-Made Estate Agent?
As a tailor-made estate agent, MoveSelf is a completely unique offering that shifts control back into the hands of the consumer.
As the property vendor you are responsible for creating your own property listing using our slick and easy to use online portal. You can then obtain a free automated property valuation, amend the price, photos, floor plans, description and anything else yourself 24 hours a day 7 days a week. Similarly to the hybrid estate agent, you as the property vendor will conduct your own viewings.
The costs associated with tailor-made estate agents are typically low. This is due to not having a presence on the high street and putting property vendors in control of their own property listing. Professional services such as photography and floor plan design are optional, as opposed to hybrid and traditional estate agents where these services and costs are enforced.
The flexibility that our platform provides when creating a bespoke property listing is unparalleled in the industry today. This level of granularity and potential to save money is not apparent with any hybrid or traditional estate agent.
Which type of Estate Agent should I choose to sell my home?
We’re not just going to advise you that a tailor-made estate agent is a perfect fit for everybody. Because it isn’t.
Choosing an estate agent largely depends on if you’d prefer to do less work or save more money!
- If you’d prefer to do a lot less work, we’d advise that you opt for a traditional estate agent and pay a much higher fee.
- If you’d prefer to save a significant amount of money, we’d recommend that you opt for a tailor-made estate agent and be a bit more hands on with your property listing.
- If you wanted a blend of both (moderate savings whereby you’ll still have to do your own property viewings) then choose a hybrid estate agent.