Starting an Online Estate Agency

Starting an Online Estate Agency

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LDN

Original Poster:

8,911 posts

203 months

Saturday 20th January 2018
quotequote all
I know that Purple Bricks, Tepilo et al have gotten a foot hold in this area... but having used them a couple of times; I feel there are things that could be improved.

What does it take to set one of these up? I have web guys, I have a background in Property; so other than very deep pockets; how would one set an online agency up? What do people look for?

1. Cheap
2. To get Property onto Righmove and Zoopla
3. Pics / floorplans as an extra
4. Solicitor arranged as an extra

The list goes on... anyone ever thought of doing this? Or ever used one and found it lacking any way?

LDN

Original Poster:

8,911 posts

203 months

Saturday 20th January 2018
quotequote all
I think traditional agents will always have a place / purpose ... but the online agents are seeming to gradually get more and more of the market share of stuff coming online.

In France, many sellers just list their property privately on their version of Gumtree... they don’t even bother with an agent in any way at all. It’s interesting to see. I think there’s a market for people who want to do their own floorplans, pics and write up; and have that put online; righmove and zoopla, etc - without the local experts and faff involved. I can think of a model that would likely work; based on my own experiences, and my peers - but it’s a case of pushing it once it’s set up; that would (as always) be the hard part; the make or break.