With the economy still struggling and people keeping a tight leash on their wallets, many people are looking for alternative ways to advertise commercial property that doesn’t take a large chunk out of their profits.
Many estate agents will charge at least one per cent plus VAT to sell a commercial property, but often the seller loses control as the estate agent looks after the leads and communication with the potential buyer. With this in mind, sellers are turning to eBay to try and sell their property as they only have to pay a £35 insertion fee for each property listed. eBay does not take a 10 per cent fee of the final sale price for the property like it does on many other listings like digital camera equipment for example.
Advertising on eBay is not only advantageous to the buyer, but also to the seller, which they may not realise. With eBay fees so cheap, sellers are already savings thousands of pounds that they would have paid an estate agent, so potentially the buyer could knock that off the listing price and try and negotiate. Sellers can add a reserve to the listing for only two pounds which would protect the commercial property from selling for as little as one pound.
Selling on eBay may be cheaper, but you don’t get the advantage of marketing the commercial property accurately to buyers looking for property. So perhaps other internet based property portals may be more suitable, such as movehut. We are currently offering an unconditional free trial period to advertise commercial properties. There are no hidden costs and there is no obligation to stay at the end of the trial period. We will not charge any advertising fees or commission should you fill your vacancies through movehut. Why not try it; there really is nothing to lose.
Previous Post
A Quick Questionnaire for Those in Serviced Offices
