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I imagine it would be the fee changing for the whole amount or it wouldn't make much difference the other way.
Sale price Comission take home £500,000 1.0% £5,000 £495,000 £510,000 1.5% £7,650 £502,350 £515,000 2.0% £10,300 £504,700vs
£500,000 1.0% £5,000 £495,000 £510,000 1.5% £5,150 £504,850 £515,000 2.0% £5,250 £509,750
dst2
Question -
When estate agents talk about about grading their fee
1% for £x
1.25% for £xx
1.5% for £xxx
etc
Are they talking about their fee changing for the whole amount as you go over a threshold?
or are they talking about getting an increased percentage on the amount over the threshold?
I'm no where near as good at this as I thought.