Online Home Valuations

There are many web sites that now advertise a online home valuation services, a quick explanation here will help consumers to understand a little bit more about these web sites and how most of them work.

The majority of these sites provide a useful service.

It is also true they could be a little more transparent in how they operate, as many are little more an introduction service to real estate agents as they are used as an advertising tool to find people who may want to sell.

Home Valuations the Golden Goose of real estate

As real estate agents the golden goose is a consistent supply of people who want to sell their properties, so advertising a free online home valuation service is a good way to attract potential customers who may be considering selling.

The way the sites operate is real estate agents subscribe or pay a fee to the online valuation web sites to control an area / suburb or postcode.

Then when a consumer requests a online home valuation in that particular area the consumer details are forwarded to the subscribing agent and the local agent provides the consumer with the relevant information so the consumer can assess what their home may be worth.

It all seems harmless enough but i would like to see these online home valuation web sites promote or advertise a little bit more how they actually work that is openly admit they are paid by the real estate agents to seek potential customers.

The web sites will probably ask any potential visitor to their site to submit details of the property they want to sell they will also request that the consumers supply contact details ie either phone or email which is common.

The local real estate agent who provides the so called online home valuation service will then keep this potential customers details on their database and keep in contact with this potential customer in case they decide to put their property on the market now or into the future.

Online home valuations and a constant supply of new sellers

Real estate agents are constantly looking for new sellers and most of their marketing is directed towards finding new customers who may want to sell.

If you submit your details to one of the web sites offering this type of online home valuation service the type of information or report you will get from the local agent will probably consist of a table of comparable recent sales to your property.

They will then also provide an estimation of your properties worth based on other sales in your area.

We believe on most occasions you are probably better off selling with a real estate agent than selling privately

So we now offer a service to help you to receive a refund off real estate agents fees

Want to know more ring toll free 1300 729 540

Or visit our consumer refund web site http://www.realestaterefund.com.au to find out more