We’re featured in the Independent on Sunday today.
Their property section has a wise piece on selling property without necessarily resorting to the financially painful route of traditional, High Street agents. The Property Misdescriptions Act is to be repealed by Government to allow all property advertisers that are not old school estate agents to act more freely and without current constraint.
The article says, “These proposals are a good idea if they do what they are supposed to do and free up the market,” says Russell Quirk, founder of online estate agent eMoov.co.uk. “It just doesn’t follow that using a high street estate agent is the best and only way to sell your property, and that using an estate agent is the only way to ensure the description of your property is accurate.”
Despite the relaxation of legislation, the litmus test of progress will be dictated by any change to the approach of the big property portals such as Zoopla and Rightmove. If they continue to insist that all advertised homes are visited by an agent to ensure accuracy, as eMoov.co.uk does, then law or no law, the reality will be no different to now.
Of course we have been selling property for people at low fee cost for three years in any case. Same, full estate agency service as the High Street, huge coverage and for just £349 plus vat.