Zoopla , what a load of rubbish

Zoopla , what a load of rubbish

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Discussion

Vaud

50,613 posts

156 months

Monday 27th November 2017
quotequote all
LittleBigPlanet said:
In contrast to some of those posting in this thread, we used an online EA and it's been very fluid with minimal fuss.

We went from instruction to sale in eight days and paid £995 for the privilege (saving ~£3600).
However, it is possible that a good EA:

1) could have cost you less than 5k with some negotiation
2) could have got a bidding war going - and gained you much more than the cost of the EA

Might suit a fast sale, but may not have go you the best price.

FocusRS3

Original Poster:

3,411 posts

92 months

Monday 27th November 2017
quotequote all
My EA gets the go ahead start of the NY and i want him to get his skates on or ill have to consider the online alternatives

LittleBigPlanet

1,125 posts

142 months

Monday 27th November 2017
quotequote all
Vaud said:
LittleBigPlanet said:
In contrast to some of those posting in this thread, we used an online EA and it's been very fluid with minimal fuss.

We went from instruction to sale in eight days and paid £995 for the privilege (saving ~£3600).
However, it is possible that a good EA:

1) could have cost you less than 5k with some negotiation
2) could have got a bidding war going - and gained you much more than the cost of the EA

Might suit a fast sale, but may not have go you the best price.
Possibly (we sold above asking price by the way on the fourth viewing and our asking price was £5k above the valuations we had). However, we spoke with five EAs each offering between 0.75-1.25% on sale as a fee, none had promise of a buyer ready to buy. We did in fact instruct an EA having had all the photos and advert approved - the differentiating factor being the "no sale, no fee" of the EA. Fortunately, the online agent also offered the same service so, upon asking the EA if they had a buyer for us (they said no), we went with the online agent. So, £995 all in. Not bad and quite a lot cheaper than a local agent.

We didn't need an agent to take a few photos and put the property on Rightmove; the house sold itself. And we paid less for doing so! Win win.

That being said, and as I caveated above, if you have an unusual house or something that requires more attention then I'd go with a traditional EA over an online agent without hesitation.

Edited by LittleBigPlanet on Monday 27th November 19:55


Edited by LittleBigPlanet on Monday 27th November 19:56

smckeown

303 posts

246 months

Tuesday 28th November 2017
quotequote all
I have sold many properties way above the zoopla estimates price. Its just a guide. If your property looks a better proposition than the local competition it will sell irrelevant of the zoopla price
Sean

LittleBigPlanet

1,125 posts

142 months

Tuesday 28th November 2017
quotequote all
smckeown said:
I have sold many properties way above the zoopla estimates price. Its just a guide. If your property looks a better proposition than the local competition it will sell irrelevant of the zoopla price
Sean
Not sure who this was in response to but if it was me then our EA valuations were above the Zoopla estimate and we sold even above their valuations.

Guess it depends on the property/local market (and the fact that Zoopla estimates are exactly that).

FocusRS3

Original Poster:

3,411 posts

92 months

Wednesday 29th November 2017
quotequote all
I can’t see how the recently reported Brexit bill is now going to help the housing market .

90bln supposedly

DonkeyApple

55,419 posts

170 months

Wednesday 29th November 2017
quotequote all
FocusRS3 said:
I can’t see how the recently reported Brexit bill is now going to help the housing market .

90bln supposedly
I don't believe it to be remotely relevant to be honest. By far the most powerful mechanism in the conventional housing market is the Briton's ability to borrow money. Borrow to buy the house, borrow to furnish it and borrow to pay to the bills. The most vital question regarding the health of the market is how close the U.K. consumer is getting to not being able to borrow any more money whether secured or unsecured.

Vaud

50,613 posts

156 months

Wednesday 29th November 2017
quotequote all
FocusRS3 said:
I can’t see how the recently reported Brexit bill is now going to help the housing market .

90bln supposedly
Plenty of Brexit threads and even one specifically about house prices.

This one is about Zoopla wink

FocusRS3

Original Poster:

3,411 posts

92 months

Wednesday 29th November 2017
quotequote all
Vaud said:
Plenty of Brexit threads and even one specifically about house prices.

This one is about Zoopla wink
I would imagine so!