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Property/DIY

How does the estate agent get paid?

2 replies

rumbelina · 16/05/2013 09:16

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

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TerrysNo2 · 16/05/2013 09:39

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.

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rumbelina · 18/05/2013 00:15

Thank you terry

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