I remember when I was looking for my first property, you waited till a Thursday then went to the local estate agents or lawyers and collected your copy of the local property paper. You sat down with a red pen that afternoon and marked off every property within your price bracket and location you wanted to see, then waited to the Sunday Open Viewings and quickly ran round all of them with the hope that one would be suitable. If you very lucky you might have managed to get an appointment to view before the Sunday.
Then if you wanted to sell you would again go down to the local estate agent, get them to “market” your property, which entailed popping your property in their window, putting up a For Sale board outside the property and getting you in the weekly property paper. Remembering to try and catch the deadline for print or you would have to wait another week. Then once the property was sold would pay them anything between 1-2% of the sale price plus not forgetting conveyancing fees on top. So on a £100,000 property sale it could be anything up to £2000 just for selling your property plus conveyancing.
This feels like a lifetime ago, however it wasn’t that long ago! But how times have changed (or are trying too!)
In today’s rapidly changing world, the internet has made us more knowledgeable and has helped to change nearly every market known to consumers. This is also true within the property market, in Britain we are obsessed with buying and selling like no other country and thankful the internet has helped to change the way we buy and sell. It may be slightly lacking behind other industries but with big businesses starting to tap into this market and understanding the power of the consumer we are starting to see a shift in the way we sell property.
In England the market has changed rapidly with launch of new online estate agents firms such as Purple Bricks, House Simple and Teplio offering property sellers fixed fees to get them onto the market. With website such as Rightmove and Zoopla dominating where we sell our houses why should we paying an estate agent 1-2% to put our property online, surely the fixed fee of £400-600 is far more reasonable.
In Scotland we are starting to see this shift, although the market is still dominated by traditional estate agency it is only a matter of time before this shift takes real hold. With only one or two real online estate agents based in Scotland more and more traditional estate agents are starting to shift towards fixed fees. It is like they have suddenly realised that they can’t charge consumers 1-2%; and the fixed fee is slowly starting to trickle down. I for one am happy about this, and want to see more of it.
I have never understood why I should be paying someone 1-2% to basically put my property on a few property websites and put up a board outside the property; okay some of the bigger estate agents will claim to have a database of potential buyers and an amazing marketing campaign which will drive more viewers but really do they and is this not just the brain child of some marketing person who wants us to part with more of our hard earned cash? With Rightmove becoming the largest go to website for property sells, what better way do you have to get your house out there.
I personally believe the market is still at the early stages of adapting in Scotland and that we will see this evolve and change even more. I suspect that it is only a matter of time before estate agents will need to fight for their survival. My belief is that there will become a time when you can list your own property of likes of Rightmove and Zoopla; I have already seen clients list their property themselves on gumtree with great results.
So the upshot from all of this, shop around don’t go with the first estate agent you find, do your research and find out actually what you are getting for your money and secondly be prepared as I suspect the market will change faster than some are expecting!
Andrew MacKenzie is a qualified Chartered Surveyor with over 20 years’ experience within the Scottish Property market. He specialises in all types of residential valuations including Home Reports, Private Valuation reports and Development Appraisals.
Outstanding service and very quick turnaround from Andrew and the team. Would highly recommend this company for anyone requiring a fast, professional and efficient service.
19:27 03 Oct 23
19:11 09 Jul 23
Thank you Home Report Company, the surveyor who was sent over for our house valuation report was great. It was nice to be able to welcome a well-mannered, friendly and professional person to our home.For those looking for chartered surveyors to carry out a home report or valuation, I highly recommend this company. They have been very helpful, polite and punctual - and made life that little bit easier during a difficult time in our family. Thank you again.
james “TechnixJim” F.
06:43 26 Jun 23
I needed a survey done quick and contacted home report company,Andrew came within 2 days,no messing about and got my survey paperwork next day via email,excellent company,thank you andrew.all the best jim.
18:15 23 Jun 23
I have recently instructed the Home Report Company to complete a survey for me. From my first initial enquiry up until receiving my report I have nothing but high praise. I was given a quote, a prompt appointment was made and the survey completed. Andrew, the surveyor, was very professional and also very smiley and reassuring. He went about the survey with minimal intrusion or fuss and he also liked my dog 😊. Highly recommend.
16:47 09 Jun 23
Andrew Mackenzie from home report company did our home report very professional and polite.This is the second time I have used home report company and mr Mackenzie has done both reports.The price charged was very competitive and by far the cheapest I enquired about, I would definitely recommend the home report company for your home report.
15:34 28 Apr 23
10:58 05 Apr 23
Perfect, exactly what we needed to sell our home, very quick, helpful and at an excellent price! Would highly recommend!
21:36 22 Mar 23
Friendly and professional service. Andrew was very professional and answered any questions I had. I received the completed home report the next day, after first receiving the draft version.
Steve “Steve J” J.
10:47 16 Mar 23
Very friendly and helpful surveyor who produced an honest, factual report. Survey was organised very quickly, was reasonably priced (compared to other quotes) and the report was produced quickly after the survey. No complaints!