As a professional property developer, Darren has gained a lot of experience of the property sector, particularly in the UK
where has a million pound property portfolio. Having made dozens of property transactions over the 4 years since selling
DatingDirect.com, Darren began to question the costs involved in buying, selling and letting property.
Traditional high street estate agents charge large commission fees for selling your property, usually between 1% and 2%
of the asking price. It seems unfair that the higher the valuation the more it costs to sell or let your property, even though
the service is basically the same regardless of the property value. And when you take into account the record highs in house
prices over the past decade, a commission based model begins to sound unfeasible for the future.
Looking for a fairer alternative - a fixed fee - Darren looked into the many, so-called online estate agents that have
sprung up over recent years. However, although these estate agents offered the fixed fees Darren was looking for, he found
that the service was hit and miss. Online estate agents save costs by operating online instead of from a high street branch,
but this also means they don't have the local expertise or man power.
A conversation with industry expert Ben Grove, led Darren to set up
EstatesDirect.com - a national estate agent with 0% commission.
By employing local experts in every area of the UK, EstatesDirect.com can offer the same level of service as the traditional
estate agent, but by charging a low fixed fee like online estate agents, EstatesDirect.com is without doubt much fairer and
simpler for the customer. The best of both worlds.
Launched in January 2011 EstatesDirect.com is in its infancy, however the reaction so far has been incredibly positive from
both consumers and industry pundits alike, and EstatesDirect.com is set to take the industry by storm.