Anyone selling or sold recently? What's the going rate right now?
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Going rate for Estate Agent fee
- Thread starter Bozza
- Start date
Common as Mook
Not Posh as Fook
- Jul 26, 2004
- 5,642
Don't go any higher than 1%
Absolutely this ! It's also worth playing them off against each other around the lock in period.
- Thread starter
- #4
Dick Knights Mumm
Take me Home Falmer Road
We did work at an estate agency and the difference in fees is remarkable. Do not accept what they offer that is for sure.
Common as Mook
Not Posh as Fook
- Jul 26, 2004
- 5,642
I'm going on Brighton expereince - you're in Bristol right? Might be different there.
Tricky Dicky
New member
My Mum is just moving and talked them down to 1% with joint agents. I think they were desperate for business.
D
Deleted member 18477
Guest
1% for me also. (haywards heath)
Some areas can get up as high as 3.5 %, where there is little competition.
HastingsSeagull
Well-known member
1% but yes selling my small flat worth about 100k, most kept telling me 1% OR a minimum of 1250 / 1500 / even 2k...... I said see you later and shopped round till a decent company offered a hard 1%
fly high
Well-known member
A friend in Chepstow was given a quote of 1½% but as only enquiring didn't push it, probably would have gone lower.
MattBackHome
Well-known member
- Jul 7, 2003
- 11,873
El Sid
Well-known member
Are you enquiring on behalf of CMS?
Birdie Boy
Well-known member
- Jun 17, 2011
- 4,387
Don't pay them anything, sell it on rightmove or something, not that I am sure how much this costs. If you do go through an estate agent, defo no more than 1%.
The last 2 houses I have sold, my wife talked me out of going through the internet and going with an estate agent, first one had 3 buyers on the first day all with full asking price. Second one went on first day to two buyers, one with full asking price, the other offered extra £5k. I may not have had this luck on the internet, as the agents have contacts of people looking but I actually think I would have done and would have saved at least £6k. I think it would have been amusing putting an A3 advert of the house in the newsagents next door to the estate agents that we used, for a tenner a week, or whatever they charge!
The last 2 houses I have sold, my wife talked me out of going through the internet and going with an estate agent, first one had 3 buyers on the first day all with full asking price. Second one went on first day to two buyers, one with full asking price, the other offered extra £5k. I may not have had this luck on the internet, as the agents have contacts of people looking but I actually think I would have done and would have saved at least £6k. I think it would have been amusing putting an A3 advert of the house in the newsagents next door to the estate agents that we used, for a tenner a week, or whatever they charge!
The Wookiee
Back From The Dead
Why would you lock yourself in ??
The Wookiee
Back From The Dead
The Wookiee
Back From The Dead
Lots of other things to consider other than the fee.
Tie in periods?
Upfront costs for marketing?
Sole agency ?
Opening hours?
Speed of selling?
I could go on...
Tie in periods?
Upfront costs for marketing?
Sole agency ?
Opening hours?
Speed of selling?
I could go on...
The Large One
Who's Next?
The estate agents I used to sell my flat (admittedly four years ago) charged a flat fee of £1500.