| Estate agents fees 20:37 - Oct 6 with 2670 views | ArthurDaley |
Help needed, young Arthur has decided to fly the nest ( about time )
We viewed a house tonight, and the vender has had a bit of trouble with the estate agent, and is going to take it of the market.
We are going back tomorrow to do a bit of negotiation, Has anybody got an idea of how much an EA would charge on a £85/90,000 property.
Thanks in advance. |  |
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| Estate agents fees on 20:41 - Oct 6 with 2642 views | D_Alien |
Are you thinking you'll cover the EA costs to get the deal back on track? The T&Cs should tell you what the fees are - check on their website. |  |
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| Estate agents fees on 20:41 - Oct 6 with 2642 views | SuddenLad |
It's usually 1 and a half percent of the value at sale I think. |  |
| “It is easier to fool people, than to convince them that they have been fooled†|
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| Estate agents fees on 20:44 - Oct 6 with 2619 views | Dorislove |
% + VAT dont forget,its an added 20% they dont seem to tell you about. |  | | |
| Estate agents fees on 20:47 - Oct 6 with 2602 views | nordenblue |
| Estate agents fees on 20:41 - Oct 6 by SuddenLad |
It's usually 1 and a half percent of the value at sale I think. |
It differs wildly depending on location too,and many are open to movement if your willing to argue a bit.
If they're taking it off the market for a private sale im assuming its to save on agent fees so they wont be willing to budge too far on the sale price,always worth asking the question though |  | | |
| Estate agents fees on 20:51 - Oct 6 with 2582 views | Dorislove |
| Estate agents fees on 20:47 - Oct 6 by nordenblue |
It differs wildly depending on location too,and many are open to movement if your willing to argue a bit.
If they're taking it off the market for a private sale im assuming its to save on agent fees so they wont be willing to budge too far on the sale price,always worth asking the question though |
Check the T+Cs regarding a private sale when entered in a contract with an estate agent ,it can get a bit messy . | | | |
| Estate agents fees on 20:51 - Oct 6 with 2581 views | D_Alien |
| Estate agents fees on 20:47 - Oct 6 by nordenblue |
It differs wildly depending on location too,and many are open to movement if your willing to argue a bit.
If they're taking it off the market for a private sale im assuming its to save on agent fees so they wont be willing to budge too far on the sale price,always worth asking the question though |
Be careful though. Someone who's prepared to try and skip the agent's fee (the story about "trouble" may or may not be true) mightn't be straight up about other things too.
[Post edited 6 Oct 2015 20:52]
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| Estate agents fees on 20:51 - Oct 6 with 2578 views | SuddenLad |
| Estate agents fees on 20:47 - Oct 6 by nordenblue |
It differs wildly depending on location too,and many are open to movement if your willing to argue a bit.
If they're taking it off the market for a private sale im assuming its to save on agent fees so they wont be willing to budge too far on the sale price,always worth asking the question though |
I was trying to give an 'average' really. I know when I was last involved using an estate agent, there was a clause that involved taking the house off the market and any sale within 28 days would invoke the fee charges of 1.5% (plus VAT of course as dorislove points out)
That was designed to prevent/deter you removing the house from the market and selling privately. | |
| “It is easier to fool people, than to convince them that they have been fooled†|
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| Estate agents fees on 20:58 - Oct 6 with 2541 views | nordenblue |
| Estate agents fees on 20:51 - Oct 6 by SuddenLad |
I was trying to give an 'average' really. I know when I was last involved using an estate agent, there was a clause that involved taking the house off the market and any sale within 28 days would invoke the fee charges of 1.5% (plus VAT of course as dorislove points out)
That was designed to prevent/deter you removing the house from the market and selling privately. |
Yes you're spot on with the figure,when i sold in Norden they started about 1.75% and in the end i got it down to 1.25,some companies now offer a set fee to sell though in contrast to the % of the value. | | | |
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| Estate agents fees on 21:31 - Oct 6 with 2455 views | CockneyDale |
I just sold and paid 1%. It does vary, but I'd say 1.5% is more common. |  | | |
| Estate agents fees on 23:21 - Oct 6 with 2356 views | ArthurDaley |
Many thanks to everybody who replied. Some good points raised. | |
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| Estate agents fees on 23:34 - Oct 6 with 2334 views | Yorkshire_Dale |
Sell through Sarah Beeney's website.........Tepelo Ithink
Much cheaper | | | |
| Estate agents fees on 15:11 - Oct 7 with 2106 views | aleanddale |
Been a while but is the EA fee the sellers to pay not the buyer.
Not sure the buyer has any EA fee if a first tine buyer. | | | |
| Estate agents fees on 16:57 - Oct 7 with 2068 views | nordenblue |
| Estate agents fees on 15:11 - Oct 7 by aleanddale |
Been a while but is the EA fee the sellers to pay not the buyer.
Not sure the buyer has any EA fee if a first tine buyer. |
I think he meant if the seller wouldn't have to pay agent fee's are they likely to drop the price if selling privately. | | | |
| Estate agents fees on 07:36 - Oct 8 with 1947 views | PDIDDY |
In the process of selling my house, got the estate agent down to 1.25%, most are flexible if you ask! the next one I sell! the estate agent said 1k incl vat |  |
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