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Why should you prefer real estate listing websites instead of direct brokers?

Traditionally, for a person to buy or sell a property, he/she would contact a broker and hand him the task of selling or buying in exchange of a nominal broker fee or commission. The broker with his expertise and network finds and connects the suitable buyer or seller as per his client’s requirement and in most cases the buyer as well as the seller would be his/her clients this earning commission from both sides. As there is no alternate options for a long time, other than looking for other brokers, the customers who owns the property as well as who are in search of a property paid the brokerage.

But with the advent of technology and ease of doing business, real estate as a sector brought more changes which benefited both the sellers and buyers. One such drastic change is real estate listing websites which lists the properties in your locality with all the details of the property mentioned, without having to contact anybody. Let’s look at the advantages of these websites with respect to buyers as well as the sellers.

 For Sellers:

Selling a property be it a house, residential plot, agricultural land or renting or leasing a property is one of the most difficult thing a person can go through especially when he/she is in a dire need of money and have a property in his/her name. In this case, like we mentioned earlier, brokers are the go to person who could solve their problem. As the brokerage are dealt in percentage of the land value or the price the buyer pays to get the property, the amount the seller has to pay is huge for high value properties.

Real estate listing websites are a boon to sellers. Almost all the websites and/or mobile applications lets the user list their property without any charges. Yes, you read it right. You don’t need to pay a penny as brokerage even if the property is sold through the website and/or mobile application.

 For buyers:

Anybody who have searched a home to rent or a right property to buy knows the pain of rejection. Particularly, those who searched for home for buying or renting has to go through a lot of pressure to finalize the deal. Most people settle for less than they deserve just to avoid the ordeal. People has to literally roam around the streets for hours to find a rental home which is within their budget, accommodate and quite close to their place of work. This is where real estate websites comes into picture and assist them in finding the right home or even property from the tap of their fingers, thus saving a lot of time, energy and cost.

From large real estate agencies or companies like 99acres, magicbricks to small start-ups like rentnamakkal are having their own websites and mobile applications from which an user can choose to sell or buy any property sitting in the comfort of their home with just a tap.

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