Poor service from estate agents prompts boom in property sale by owner
November 09, 2005 (PRLEAP.COM) Business News
Poor service and high fees are part of the reason why more and more home owners are choosing to sell their properties themselves rather than using estate agents, claims a new property based website. PrivateSeller.co.uk was set up to service the needs of the growing number of sellers who choose to cut out the middleman and sell their homes themselves. Now the website is set to revolutionise the UK property market.
"In 2004, more than 20,000 properties in the UK were sold using the 'for sale by owner' method," says PrivateSeller.co.uk owner, Scott Bridges. "That points to a growing dissatisfaction with estate agents and the service they provide. As people become more informed about the property market, sellers are starting to wonder what they have to gain by using an estate agent. Often it's nothing they couldn't do themselves, or with the help of a low-cost marketing solution."
PrivateSeller.co.uk is that solution. The website offers UK-wide property marketing for a fraction of the price charged by estate agents, plus a range of innovative touches such as interactive For Sale boards, which allow passers-by to receive instant information on the property they're interested in, by text message.
"I set up PrivateSeller.co.uk after having a bad experience with estate agents myself, which ended with me selling my home for less than it was worth," explains Scott. "It really made me think about what estate agents actually offer, and to realise that I could do much better myself."
Having started the site in October 2005, Scott Bridges now intends to expand on PrivateSeller.co.uk by offering people interested in running their own "for sale by owner" business the opportunity to become licencees. "Once we have every area of the UK covered, the site will offer real competition to UK estate agents," predicts Scott. "The property market is set to change considerably, and PrivateSeller.co.uk will be leading the way."
Visit the PrivateSeller.co.uk website at www.privateseller.co.uk
Ends.
Issued by Hot Igloo Productions Ltd. (http://www.hotigloo.co.uk) on behalf of PrivateSeller.co.uk
For more information, contact Scott Bridges Direct:
Office: 01785 258543
Mobile: 07790093106
Fax: 01785 258543
Email: support@privateseller.co.uk