A website has been launched aiming to compare the fees and services of at least six local estate agents, and arrange appraisals. Agentsavvy.co.uk is described as an “upfront estate agent comparison” site.1
How it works
If you are selling your home, you can go onto the website and complete an online form, including personal and property details. The vendor then agrees to the terms and conditions, and clarifies that they are not an estate agent.
Agentsavvy will then contact at least six estate agents in the area, specifying the name of the street and town, with details of the property. They do not give the vendor’s name, contact details, or exact address.
The seller will then receive an Estate Agent Comparison Report from Agentsavvy, which is free. This is prepared between three to five working days.
If the vendor would like more details, Agentsavvy will try to find additional information from one or more of the agents.
Making a sale
If the seller then selects an agent, Agentsavvy will conduct this, and then “will charge the agent you choose to sell your house a small fee once a sale is completed.”1
The website claims to also help existing sellers compare their estate agent, however, they do advise: “Make sure that you observe and meet any commitments you have with your current estate agent.”1
Naturally, the service only includes estate agents who have agreed to pay Agentsavvy the fee upon sale.
The site says: “Finding the estate agent who can offer you the services you require at the best possible price currently takes too long and it’s too complicated; so people simply don’t bother and end up paying more than they could have or not received services they would have liked.”1
1 http://www.estateagenttoday.co.uk/1834-estate-agent-comparison-website-launched