My MIL is selling her late brother's house for an asking price of £300k with an agent fee of 1%. All fine so far. However, when she came to sign the contract the agent suggested that as an extra incentive for them to sell it, for every £1000 over £300k, they'll take 10%. I've never heard anything like this. Surely if the fee is 1%, that's what it should be regardless of the price achieved? Does it mean they won't try very hard to sell it if she doesn't accept their proposal? I can't help feeling cynical here and I don't want her to be taken advantage of.
Please or to access all these features
Please
or
to access all these features
Join our Property forum for renovation, DIY, and house selling advice.
Property/DIY
Please create an account
To comment on this thread you need to create a Mumsnet account.