An online agent says it will refund vendors if the property does not sell inside six months.
Online Estate Agent NI is recruiting local property experts across Northern Ireland.
The firm, based in Dungannon, was incorporated in March according to Companies House records, with just one director 26-year-old Johnathan Jordan.
Jordan is described as coming from a family of traditional estate agents and now claims online agents can save clients’ money.
He confidently told Belfast Live: “We believe in investing in the latest technology including 360-degree virtual tours, to ensure vendors and landlords receive the best possible market exposure.
“The ten new posts will allow the company to expand our services to cover all areas of Northern Ireland and we are seeking experienced local estate agents with expert local knowledge to join our team.
“Around 98% of all property searches now begin online and we feel that the current model operated by traditional high street estate agents of charging a high percentage fees is tired and outdated.
“Our lower fixed fee allows vendors and landlords to save thousands whilst still receiving the exact same service.”
Online Estate Agent NI works out its savings by comparing its fixed fees against an average high street agent charge of 1.5%.
The website offers three sales packages.
Vendors could advertise only for £150 and will be listed on all major property portals.
However, any extras such as pictures, Energy Performance Certificates and sales progression would be paid for separately.
For £499 upfront, vendors could get a visit from a local property expert as well as the typical estate agent services such as an EPC, property descriptions, memorandums of sale and help with negotiations.
There is also an option to pay £699 upfront plus £499 on completion.
Online Estate Agent NI also offers a rental service at £200 upfront to fully list and provide tenant checks but if landlords want help with rent collection, inventory checks or inspections that would cost an extra 6% of the rent per month.
The agent is part of the TDS and TPO.