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Why do estate agents exist other than to take a cut of the money?
Personally, and it's probably a rare opinion, I think my estate agent earned their money.
They did a good job showing me places, suggested I look at some places I hadn't initially considered (we eventually bought in an area we'd initially ruled out) and put a fair bit of effort in to selling my place.
They were very estate agenty and I kept them out of the actual buying and selling process as much as possible once the lawyers got involved but they did a good job as salespeople.
Conveyancing solicitor fees on the other hand seem very low for the amount of work involved and I suspect that is a large part of why so many people have bad experiences.
aggi
Why do estate agents exist other than to take a cut of the money? Do they add anything of value, anything a buyer or seller couldn’t sort out themselves with a conveyancer? Almost every one I’ve dealt with has been shamelessly venal or beyond incompetent.