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Seems hard for me to believe Foxtons can do any better than anyone else, the market is the market and everything is found online/on mobile now anyway. And since transactions are public record now buyers and sellers should have a sense of what the property is worth unless it's very unusual or expensive. (I have dealt with John Payne in Greenwich and found them decent to deal with, and since they have been there many years should have a better handle on the local market than Foxtons which is new).
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By all accounts Foxton's have a variety of techniques, including bussing people into unfamiliar areas and overcharging them... Discussed a couple of pages back.
They justify the 3% because they are upfront about how hard they mug people off in their sales practices, and how that translates to cash in your pocket as a seller.We bought our current place through John Payne (Lee office) and they were great. Branch manager there is bright, knows his shit and is experienced. They're coming to do a valuation and talk turkey tomorrow.
It's all happening. For sale sign up by the end of the week I reckon.
Tru fax...
I am currently weighing up the Foxtons 3% who will shaft someone on your behalf and put most of the money in your pocket VS KFH or John Payne (SE local ting) who take 1.5% but might take a couple of weeks longer and a couple of grand less.