Estate agent commission

[Rainsbow]

Is 1.5% fairly standard?

[Blinkyblink]

1% here (Kent)

[StarTravels]

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

[Rainsbow]

SW London here sorry should have said.

[Allthebestnamesareused]

1.5% is standard in my area (Cambridge)

[PoochiePie]

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]

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

[TheCrowFromBelow]

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]

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

[P1nkSparkles]

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]

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]

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

[MissDuke]

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.