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8:40am Thursday 10th June 2010 in News
By Julie Hayes, Business editor
A NEW estate agency concept is opening in York.
Supermarket Tesco has launched the new agency iSold.com, operated by estate agency Spicerhaart, with a branded bus which will be promoting the new service outside Tesco in Clifton Moor until Sunday.
The business will employ up to nine locally based valuers and will have a further nine staff servicing the York area from its central offices in Colchester.
The new agency, which was launched in Bristol in March, claims it can cut the cost of selling a property.
Jon Evans, its managing director, said the business was a combination of a traditional estate agency and an advanced website to streamline the sales process.
“York was selected as one of the very first locations in the country to experience the iSold.com phenomenon.
It is such a historic city and one which has seen many developments and changes over the centuries.
It also has a thriving property market so it was the ideal place to launch such an innovative new product.”
The business has a fixed-fee payment scheme and sellers can choose from a range of packages.
The Office of Fair Trading sparked concern among the estate agency industry in February when it published a study into home buying and selling, which recommended helping new business models, particularly internet businesses, to enter the market to encourage more competition on price.
But Peter Bolton King, pictured above, chief executive of the National Association of Estate Agents (NAEA), said: “Contrary to popular belief, estate agents have always embraced new innovations in the market, including advertising properties on the internet.
“Buying or selling a home is the largest single financial transaction of a person’s life, so it is crucial that consumers do not use an internet portal at the expense of the advice and expertise that a professional agent brings.
“We would urge customers to stick with professional, qualified NAEA members.”
Comments(16)
piaggio
says...
11:08am Thu 10 Jun 10
lucy smith
says...
12:11pm Thu 10 Jun 10
piaggio wrote:Yet Tesco will not be happy until they force the others out of business like they do in every other walk of life. Competition isn't in it, they are a behemoth that must be broken up.
“We would urge customers to stick with professional, qualified NAEA members??? its called competition,if you dont like it peter ,get another job
nasrudin
says...
1:10pm Thu 10 Jun 10
mystic_genius
says...
3:21pm Thu 10 Jun 10
lucy smith wrote:Not sure what your problem is with Tesco.
Where will the arrogance and ambition of Tesco end? They want to dominate every walk of life. They will not be happy until they are the true "Big Brother"and know everything about everyone. And there food is awful and tasteless. Every Little Hepls Tesco, not the everyday person in the street.
lucy smith
says...
3:31pm Thu 10 Jun 10
mystic_genius wrote:Take it you work for the almighty Tesco then.
lucy smith wrote: Where will the arrogance and ambition of Tesco end? They want to dominate every walk of life. They will not be happy until they are the true "Big Brother"and know everything about everyone. And there food is awful and tasteless. Every Little Hepls Tesco, not the everyday person in the street.Not sure what your problem is with Tesco. ` If they can make money out of things, why should they not be able to? So what if everything is owned by tesco? I love the meat from my local butcher, but I can get similar stuff at half the price at Tesco. ` I would make the firm argument that having Tesco would vastly improve the life of the everyday person - the everyday person will have more money as buying less on the essentials. They will have more time, as do not have to visit 15 differnt shops to buy different things. Whay is bad about it? Loss of local shops? If the local shops were good enough, they would thrive - like every business, if you aren't good enough, you fail - look at Jarvis and Woolies, why are small businesses exempt from failing?
Pedro
says...
3:33pm Thu 10 Jun 10
anti-rant
says...
3:54pm Thu 10 Jun 10
Jim
says...
4:16pm Thu 10 Jun 10
anti-rant
says...
4:18pm Thu 10 Jun 10
Jim wrote:Ooh, good point...
Think of the clubcard points....
lucy smith
says...
4:56pm Thu 10 Jun 10
anti-rant wrote:Yes a whole months worth of tasteless gone off rancid muck for free. Every little helps.
Jim wrote: Think of the clubcard points....Ooh, good point...
Viper_7
says...
6:16pm Thu 10 Jun 10
lucy smith wrote:Yes, they are so bad, and sell rubbish goods, yet they are one of the largest employers and have one of the highest footfalls and make billions...
anti-rant wrote:Yes a whole months worth of tasteless gone off rancid muck for free. Every little helps.
Jim wrote: Think of the clubcard points....Ooh, good point...
Alucard
says...
9:47pm Thu 10 Jun 10
King Edward
says...
12:21am Fri 11 Jun 10
mystic_genius
says...
7:55am Fri 11 Jun 10
lucy smith wrote:No, I actually work for Portakabin. Not sure how that makes my opinion less relevant, but hey. Let's not let the facts get in the way of your opinion.
mystic_genius wrote:Take it you work for the almighty Tesco then.lucy smith wrote: Where will the arrogance and ambition of Tesco end? They want to dominate every walk of life. They will not be happy until they are the true "Big Brother"and know everything about everyone. And there food is awful and tasteless. Every Little Hepls Tesco, not the everyday person in the street.Not sure what your problem is with Tesco. ` If they can make money out of things, why should they not be able to? So what if everything is owned by tesco? I love the meat from my local butcher, but I can get similar stuff at half the price at Tesco. ` I would make the firm argument that having Tesco would vastly improve the life of the everyday person - the everyday person will have more money as buying less on the essentials. They will have more time, as do not have to visit 15 differnt shops to buy different things. Whay is bad about it? Loss of local shops? If the local shops were good enough, they would thrive - like every business, if you aren't good enough, you fail - look at Jarvis and Woolies, why are small businesses exempt from failing?
Elle
says...
9:40am Fri 11 Jun 10
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lucy smith says...
10:43am Thu 10 Jun 10