A new website, called estateagent4me is the first that enables house sellers to compare the performance of estate agencies in their area.
If you are looking to sell a property and want to know which estate agents operate in your area and how they compare to others, estateagent4me allows you to do that and compare agencies based on a variety of criteria.
You can see how many transactions the agents have completed successfully, the the average time it has taken them to sell a property, how often agents are able to achieve a sale at, or more than, the asking price.
You have access to information about the number of properties each agent has listed in the location of your property, the services they provide and an indication of the fees charged by each agent.
The information is taken from different places, including online property adverts, Land Registry figures, estate agents data and estateagent4me market research.
The comparison website is initially available in England and Wales but will extend to Scotland and Northern Ireland shortly.
You can instruct one or more agents to list a property you want to sell via the website. You will also receive a £250 discount off your conveyancing if you use the estateagent4me website to instruct an agent.
Ben Thompson, managing director of ULS Group/estateagent4me, said:
“estateagent4me aims to give sellers the hard facts so they can find the best estate agent. Comparison-based technology and algorithms have revolutionised the way we choose our holidays, buy our insurance and choose our tradesmen, among many other things. We think the estate agency market is ripe for the same kind of innovative thinking, especially given the sums of money involved per transaction.”
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