Selling your property in Lille in a few clicks is possible, but at what price?

By fashionlifeshopping 12/07/2022 904 Views

Selling your accommodation as a simple furniture object and especially so quickly, it is possible.This is called instant real estate.Coming from across the Atlantic, how does this model work?How does he integrate into the Lille market where two young northerners have implemented it for a year?

"Where real estate agencies take 5% of the sale price we take 7%!".According to Rémy Fabre, one of the two partners of Zefir, all the disadvantages of instant real estate for the seller are there.

Example, for an individual who has a property at 100,000 euros.Instead of going through a traditional real estate agency which would take 5,000 euros on the sale, there, Zefir will leave only 93,000 euros to the seller.In return, and to the advantage of the seller, the customer process depicts: "As soon as a potential seller contacted us via our website, we respond quickly with an estimate (generally with 10% margin of error) Before a diagnostician goes to see the property. The diagnostician reviews 80 control points and 48 hours after we make an adjusted and firm offer "

"5 working days for a compromise"

And Zefir buys quickly.Very quickly.So that a sales compromise for an individual can sign "after 5 working days", "without any right of withdrawal from us" specifies Rémy.For the moment, out of fifty dwellings bought in the Lille metropolis in one year, "we were not mistaken, we have sold 30, we still have 20 in wallets but our estimates are good: we are at -0,3%. That is to say that the 30 goods purchased and sold have been without margin or loss or with a tiny loss at the moment (-0.3%) ".

An American model

Vendre son bien immobilier à Lille en quelques clics c'est possible, mais à quel prix ?

Emmanuel Chambat, president of the northern chamber of the National Federation of Real Estate Agents, FNAIM, believes that there is no reason to be afraid of arriving on the market of this new process."They combine two real estate agents and goods merchants and their idea is to streamline the market thanks to data. Now we will see if this model of American or British instant real estate matters well with the right of preemption and the lawFrench transfer. In the USA, these rights can represent $ 1,000 out of a property at $ 300,000. In France, we are rather 5 to 7% transfer rights. Now we will see if customers are ready to pay moreDear a different service, perhaps faster for the signing of a compromise, but then there are incompressible deadlines! "

Rémy Fabre, financial expert in real estate, from Saint-André-lez-Lille and Louis Lambert, son of a notary, from Verlinghem are the creators of Zefir.At 21, they were investing in cryptocurrency and made a return on investment of one million euros when they were students.It was in July 2020 that they embarked on instant real estate.Their company, whose headquarters are in Paris, now has 15 employees, 50 sales and 10 million euros in transaction volume and has just raised funds of 4 million euros from investors.

For the moment Zefir is only working on the Lille metropolis for goods between 50,000 and 750,000 euros.Some 500 requests for tenders per month are made to him on the Lille metropolis, or a third of the overall volume of transactions carried out each month on the same perimeter.There is a high proportion of curious owners who will not pass through Zefir, but it remains a minority.Other French metropolises are currently being identified by the two young entrepreneurs.

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