Online Selling a Replacement for Agents
There are reports that house sellers are looking at the Internet as an alternative way of disposing of their property instead of tapping the services of estate agents. This is despite the greater industry regulation being introduced, which can be interpreted as a lessening in the confidence of sellers with estate agents. Most of the reasons being given for the behavior are that sellers are not very satisfied or happy with transactions conducted with estate agents and only ten percent of respondents say they have complete trust in estate agents.
The use of the Internet for selling and locating property is a trend that is seen to continue and grow in popularity with more people becoming more familiar with the online technology. The issue of commission and more online possibilities also come into play when choosing between an estate agent and the Internet is made.