
If you are keen to get into property investment but wary of estate agents' fees, take a look at www.landlordtrader.co.uk, an online residential listings service for property investors looking to buy or sell investment property.
Landlord Trader was founded in June 2004 by experienced landlords out of
frustration at the inefficiency of the residential property investment market. The aim was to overcome the needless high transaction costs of buying and selling property (particularly tenanted property), satisfy the dearth of information aggregators for landlords, and improve market efficiency.
With the tenanted property market having previously seen a significant amount of fraudulent activity taking place casting a shadow over the investment market, Landlord Trader wanted to create a site which would rely on fellow landlords' honesty and integrity to trade with each other transparently, without hidden costs, and to be an information portal for the landlord community.
Set up as a cost-effective alternative to estate agents and property sourcers, Landlord Trader lists all property specifics and allows contact between buyer and seller to cut out any fee-hungry middle men.
Landlord Trader is free to browse and register, and sellers pay from just £4.99 to list an investment property for sale. If the property sells successfully then the vendor pays a flat fee of just £200 to Landlord Trader.
All in all, Landlord Trader is a fun and unique website, which is an invaluable tool for property investors. Check it out at www.LandlordTrader.co.uk.