We recently put together a little piece for those who are weighing up the pros and cons of online estate agents, with a direct comparison of Purple Bricks’ services and charges with those of I Am the Agent. If you missed it, here’s the link.
The little comparison table is included here again, as it’s a great way for you to quickly check out prices across the board and see where you are getting best value for your hard-earned money when selling your house online.
Let’s look at Yopa.
If you are looking to sell in London, they will charge you an eye-watering upfront fee of £1,140, and for that they are offering only six months marketing time (see their terms). Yopa will market properties outside London for the same period for £780. At the six month term, it equates to £190 per month for Londoners to market your property (£130 for outside London). Compare that to I Am the Agent’s upfront fee for selling a property of just £399. We offer a marketing period of twelve months on Rightmove and Zoopla as standard; that comes in at just £33 per month wherever you are as we don’t discriminate geographically!
If you want to take advantage of the Yopa pay later option, you will have to sign up to a credit facility agreement with their bank (a separate agreement from the one you have signed up to with Yopa) with all the consequences that entails. And don’t forget the cash is likely to be taken from your account at exactly the time you need it most when you have the expenses of moving to contend with.
We do like their crazy ads though, there is nothing like the Village People being compared to an estate
agency …
I Am the Agent was established in 2009 and offered the first truly 24/7 enquiry line and service way back then, with a 24/7 tenant and buyer hotline, so we never miss a lead. We have let and sold over 9,000 properties, so we know our market.
And it’s not only Yopa that offers a shorter marketing time than I Am the Agent. With Tepilo you will only get six months, and with Purplebricks only ten. We really don’t expect it to take anything like a year to sell a property, but it’s always helpful to have that cushion in case something unexpected happens.
From the start, the I Am The Agent ethos has been ‘transparency, savings and a trusted community’. So here is a quick breakdown of what we offer. The savings are HUGE, check it out for yourself:
In fact, savvy homeowners, you can save even more when selling a property with us, as our sales package is over £790 less than Yopa’s, and you get more for your money with us to boot! We know that all the costs associated with buying and selling a property are massively-expensive wherever you are, so with I Am the Agent one price fits all.
So do check out the comparisons in the table above before parting with your hard earned cash.
Here’s an example of Yopa vs I Am the Agent, first outside London:
Property Price £60,000
Local Agent: 1.5% fee for the above property value = £900
I Am The Agent :
£399 including photos, board and valuation
Saving: £501
Yopa (outside London):
£780
Saving: just £120 BUT if you add on a viewing @ £150 you are not saving anything at all!
And now an example for a London property:
Property Price £250,000
Local Agent: 1.5% fee for the above property value = £3,750
I Am The Agent :
£399 including photos, board and valuation
Saving: £3,351
Yopa (inside London):
£1,140
Saving: just £2,610 BUT if you add on a viewing @ £250 your saving goes down to £2,360