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Estate agent commission

(13 Posts)
Rainsbow Mon 15-May-17 12:32:35

Is 1.5% fairly standard?

Blinkyblink Mon 15-May-17 12:35:47

1% here (Kent)

StarTravels Mon 15-May-17 12:36:25

We had 1% quoted from all 4 agents we spoke with. We are in the SE.

Rainsbow Mon 15-May-17 12:38:05

SW London here sorry should have said.

Allthebestnamesareused Mon 15-May-17 20:19:15

1.5% is standard in my area (Cambridge)

PoochiePie Fri 19-May-17 15:32:41

1.4% plus VAT here (Cornwall).
Less reputable agents were 1.2% plus vat.
Worth noting we used one of the fixed fee agents for £1050, and they were awful. Although I don't think our agent is necessarily worth their 1.4% plus vat (nearly 4K), I dread to think how much worse things might have been with the online agent.

Rainsbow Fri 19-May-17 17:02:50

1.5% plus vat is over 11k. Vomit-inducing.

TheCrowFromBelow Fri 19-May-17 17:07:50

Not really, when compared to your buyer's stamp duty which will be £26k if I've done my sums right.
At least they'll be doing a but if work for it And a % fee is an incentive to work a bit harder.

m0therofdragons Fri 19-May-17 17:11:52

Ours is 0.75 but they vary wildly round here - south west

P1nkSparkles Fri 19-May-17 17:13:40

We negotiated sliding scale... 1% for under asking, 1.5% for asking, 2% for £5,000+ over asking... but ended up paying 1.5%

RTKangaMummy Fri 19-May-17 18:05:48

1% including VAT for dual agency

So basically 2 agency both trying to sell the house and the successful one gets the money

This was in south east

Squirrelonwheels Fri 19-May-17 18:08:10

Allthebestnamesareused - we are also Cambs and paid 0.85% but another firm quoted 0.75%.

MissDuke Sat 20-May-17 06:39:46

Ours was 1%+ VAT and included professional photos which were amazing. We felt it was worth every penny, but then our house was relatively cheap so 1% wasn't a huge amount.

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