-
Estate agents, what value do they add when you're selling a property?
Value is contextual :)
Paying £6.5k or so for photos, descriptions, viewings seems a lot of money
Depends how you value your time I guess.
A lot of London people are so fucking rich they are happy to pay that to get the job off their to-do list.
Also, for those who've used estate agents, what kind of fees have you negotiated
You could try negotiating a tiered agreement. If they get over a certain price then you'd pay them a bit more. The trick is to have the bottom rung less than 1% + VAT, but they never agree to this, and will always peg the mostly likely sale price to 1% + VAT. Or more, if you are not careful.
-
Think we were on 1.25% + VAT, I almost went with Purple bricks and sell managed but glad I didnt in the end as there was more to selling a flat than I expected (admin and management wise). They also act a filter (although they may also encourage unsuitable viewings) for viewers so you hopefully get less tyre kickers.
Who knows - maybe I made the wrong choice, but I don't regret it.
-
Also, for those who've used estate agents, what kind of fees have you negotiated. 1% plus VAT is what's being offered at the moment but I'd like to push that down a bit.
Our sale through Yopa effectively worked out at 0.7% (inc. VAT)
You are reading a single comment by @aggi and its replies.
Click here to read the full conversation.
Howard
chrisbmx116
pifko
@aggi
Estate agents, what value do they add when you're selling a property? The most important thing seems to be getting it on Rightmove/Zoopla which you can do for £100 or so.
Paying £6.5k or so for photos, descriptions, viewings seems a lot of money. However, if they manage to get a price higher than that then it's obviously worth it. Is there anything to show that going with an estate agent will get you more money?
Also, for those who've used estate agents, what kind of fees have you negotiated. 1% plus VAT is what's being offered at the moment but I'd like to push that down a bit.