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20/01/2006
Optimum Real Estate 'move in' on NI estate agencies
An internet-based estate agency for Northern Ireland homeowners is currently offering flat-rate fees, promising savings for people selling their home.
In 2004, sellers paid an estimated £28 million in fees to traditional estate agents in a single year, according to Trevor Patterson, the head of an internet-based business trying to muscle in on the market.
Promising substantial savings the web-based Optimum Real Estate, set up by Mr Patterson, offers sellers fixed price packages - Basic at £199 & Standard at £359.
Trevor said: "I do not know why conventional estate agents charge so much. Estate agents are very important to the whole selling operation. However, there is only a certain cost to what we do - mostly to do with training and advertising.
"Why should it cost more to sell a more expensive property? It remains largely a fixed cost for each property. I fail to understand why conventional estate agency fees are based on the price of the property, and rise as the price of the property rises."
He said: "Do conventional estate agents treat more expensive properties differently in some way? If so, are less expensive properties losing out?"
(SP)
In 2004, sellers paid an estimated £28 million in fees to traditional estate agents in a single year, according to Trevor Patterson, the head of an internet-based business trying to muscle in on the market.
Promising substantial savings the web-based Optimum Real Estate, set up by Mr Patterson, offers sellers fixed price packages - Basic at £199 & Standard at £359.
Trevor said: "I do not know why conventional estate agents charge so much. Estate agents are very important to the whole selling operation. However, there is only a certain cost to what we do - mostly to do with training and advertising.
"Why should it cost more to sell a more expensive property? It remains largely a fixed cost for each property. I fail to understand why conventional estate agency fees are based on the price of the property, and rise as the price of the property rises."
He said: "Do conventional estate agents treat more expensive properties differently in some way? If so, are less expensive properties losing out?"
(SP)
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07 September 2005
Optimum Real Estate rolled out across NI
Optimum Real Estate, which was successfully launched in North Down last month, is now being rolled out across Northern Ireland and beyond. The firm offers an alternative to conventional estate agents, operating through its own web site and allowing vendors to sell their homes commission-free.
Optimum Real Estate rolled out across NI
Optimum Real Estate, which was successfully launched in North Down last month, is now being rolled out across Northern Ireland and beyond. The firm offers an alternative to conventional estate agents, operating through its own web site and allowing vendors to sell their homes commission-free.
16 October 2009
Halifax Jobs To Go
The new owners of a major estate agency and building society are to sell part of the business. Almost 500 jobs are now under threat after Lloyds Banking Group confirmed it is to sell the Halifax estate agency part of HBOS. It has also emerged that more disposals are expected as Lloyds looks at growing competition in the market.
Halifax Jobs To Go
The new owners of a major estate agency and building society are to sell part of the business. Almost 500 jobs are now under threat after Lloyds Banking Group confirmed it is to sell the Halifax estate agency part of HBOS. It has also emerged that more disposals are expected as Lloyds looks at growing competition in the market.
29 April 2002
Property firm Lisney on top of NI property market
Belfast Property consultancy Lisney has been identified as the busiest property agency in Northern Ireland by UK commercial property resource EGi, the online version of leading property journal Estates Gazette.
Property firm Lisney on top of NI property market
Belfast Property consultancy Lisney has been identified as the busiest property agency in Northern Ireland by UK commercial property resource EGi, the online version of leading property journal Estates Gazette.
03 April 2002
RICS urges businesses to "wake up" to property issues
The Royal Institute of Chartered Surveyors (RICS) has launched a new tool aimed at helping UK business to ensure their property arrangements work harder for the bottom line. “Property Solutions” is a web based device designed by RICS to help the UK’s 3.
RICS urges businesses to "wake up" to property issues
The Royal Institute of Chartered Surveyors (RICS) has launched a new tool aimed at helping UK business to ensure their property arrangements work harder for the bottom line. “Property Solutions” is a web based device designed by RICS to help the UK’s 3.
06 August 2010
Plea To Review Property Management Laws
A fast-growing NI estate agent has hit out at the Stormont administration for its failure to fully protect the public from unlicensed Estate Agents/Property Managers. Sonia Millar, of CSM Estate Agents in south Belfast said: "I am disappointed that the Government has not legislated for all property professionals to be licensed.
Plea To Review Property Management Laws
A fast-growing NI estate agent has hit out at the Stormont administration for its failure to fully protect the public from unlicensed Estate Agents/Property Managers. Sonia Millar, of CSM Estate Agents in south Belfast said: "I am disappointed that the Government has not legislated for all property professionals to be licensed.
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Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
