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How does the estate agent get paid?

(3 Posts)
rumbelina Thu 16-May-13 09:16:40

I'm selling my house, it will (hopefully) all be completed within the month. How does the EA get paid - do they invoice me or do the solicitors sort it out?

Thanks

TerrysNo2 Thu 16-May-13 09:39:44

The solicitors will pay them directly IIRC. All your costs (house price, stamp duty, EA fees, solicitors fees, bank fees) will get deducted by the solicitor from the proceeds and you will then be sent the balance.

rumbelina Sat 18-May-13 00:15:24

Thank you terry

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