Tesco property service becomes full-blown estate agency

Tesco is relaunching its budget property service as a full-blown estate agency. The new service will offer customers personal advice on selling their homes – something it did not previously do.

The supermarket launched the low-cost Tesco Property Market in June this year.
Home sellers were offered a range of services, such as the opportunity to upload their property photographs on Tesco’s websites and “For Sale” boards, for a flat fee of £199.

However, its growth slowed after some estate agents took legal action, preventing Tesco from putting details of properties on its website.

As well as personal advice, the relaunched service will also offer customers access to property portals that accept listings from estate agents. The supermarket offers a range of housing services such as mortgages and insurance.

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