Tesco is running a trial of its new online home selling service through a joint venture with estate agent Spicerhaart.
The trial is currently running in Bristol, but is soon to extend into London, Manchester, Birmingham, Reading, York, Portsmouth, Crawley, Southampton, Kent  and Leeds.
iSold.com has chosen Bristol for its national launch, offering sellers a fantastic service and the opportunity to save thousands of pounds in estate agency fees. iSold.com has been set up by the UK’s largest independent estate agency group Spicerhaart in association with Tesco, combining the very best of local traditional estate agency with advanced technology.
iSold.com offers 3 packages to home sellers; iSold Essential £999 inc vat; iSold Premium £1,119 inc vat; and iSold Premium Plus £1,299 inc vat and “uses advanced technology packed with features to get you the best price for your home and make the sales process quicker and smoother.”
How It Works
Sellers register for a free online valuation before a valuer visits to confirm the price, take photos, measure the rooms and create property details. Customers will pay £299 upfront for marketing services and the additional £700 when iSold.com has successfully sold the property.
The marketing services include listing your home on the following property portals, amongst others:
- Rightmove
- Globrix
- Primelocation
- Zoopla
- FindAProperty.com
Savings
The savings that iSold.com promise on selling your home through them are shown below:
Hybrid
It looks as if Tesco are hoping that this estate agency “hybrid”, blending online services with proper estate agents, will help them to attack a market that they previously dabbled in, Tesco Property Market, which was short-lived due to problems with meeting current regulations.