Listing a property for sale on eBay currently costs from just £35 for a 28 day classified listing, potentially saving sellers thousands of pounds in estate agent fees.
Listing property as a classified listing means buyers can not buy property online, they can either call or email the seller for more information or to arrange a viewing, so sellers will have to be prepared to field enquiries throughout the day or night.
According to the Guardian, 125 houses have been sold on eBay.co.uk in three months at the start of 2009 – a new record.
The deal between eBay and PropertyIndex has seen many more properties advertised on eBay so it will be interesting to see how effective this will be in generating sales.
