New 5 Star Estate Agent Aims To Ruffle The Market With Launch of First True Hybrid Model

Tatewood is the first true hybrid estate agent in the UK. They offer five-star service with all-inclusive fees, with high street estate agent services completely online.

August 17, 2020 / / —

Edward Amdur of Tatewood claims they are the first true hybrid estate agency in the UK. They offer a truly five-star service with all-inclusive fees, with the full high street estate agent service but completely online at a fraction of the cost associated with the High Street agencies.

The company offers an online estate agent experience with all of the services customers can expect from a high street estate agent. Tatewood was founded in 2018 by Edward Amdur when he was just 24 years old and launched fully in 2019 after extensive testing and planning. The estate agent was created when the founder and Managing Director, Edward Amdur suffered poor experiences with the traditional high street estate agents. Facing problems such as high fees and inadequate customer service, Edward decided that there must be a way to shake the market up, and set about creating an estate agent that offered a higher level of service whilst saving consumers significant money.

Finding that it was unnecessary to have a high street shop front, Tatewood was created as an entirely online estate agent. A significant investment in technology has enabled Tatewood to launch their cutting edge website and platform and begin a rollout that could see Tatewood become a Nationally recognised brand over-time using the strapline of Nothing Upfront, No Extras, No Nonsense. “Our strapline says exactly what we stand for” says Edward.

Tatewood was found to have a number of differences to established providers such as Purplebricks and Yopa. These estate agents typically charge an upfront fixed fee, regardless of whether the property is sold or rented. They also charge extra fees for services that are usually included as standard with a high street agent, such as photos and hosted viewings. In addition, the service from many online estate agents was found to be subpar. Edward quickly assembled a formidable Management team with over 40 years of industry experience to create the business, and set out to exploit the weaknesses of the current online players and High Street legacy agents.

Tatewood chose to do things differently and not to follow the normal operating practices that so many agencies have followed. Tatewood is set up as a high street agent but without the high street location. It offers a five-star service with an all-inclusive fee and no extra charges. The sales fee is just 1%, including VAT, and the letting’s fee is as little as 6%. Despite this lower fee model the Tatewood service includes professional photos, detailed 3D floor plans, unlimited hosted viewings, and virtual reality property scans. Tatewood also charges on completion of the sale or letting so that clients only need to pay when they achieve success.

Tatewood aims to be a true hybrid estate agent, sitting between the traditional high street agent and an online agent. The company provides a high level of service, as high street agents profess to do, and the all-inclusive service of a high street agent, while offering the low fees of an online agent. Payment only on success as offered by high street estate agents, makes the process risk-free for the customer.

“They don't need to pay until the job is done, and they have sold or let their property” says Edward Amdur confidently speaking about the ambitious plans to grow his hybrid model. “This also gives Tatewood their drive to succeed, ensuring our agents work hard to get results” added Edward.

Tatewood is the first UK estate agency to operate using this model, making them the first true hybrid estate agent. The full-service online agency takes the risk out of selling and letting property and provides excellent customer service too.

Find out more about Tatewood on their website at https://tatewood.com/. For press enquiries, please contact Edward Amdur by calling 03455120009 or by emailing [email protected].

Contact Info:
Name: Edward Amdur
Email: Send Email
Organization: Tatewood
Phone: 03455120009
Website: https://tatewood.com/

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Release ID: 88973116