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Estate agents' fees

(22 Posts)
Monty27 Tue 22-May-18 04:07:45

What is everyone paying? Have you negotiated?
I am trying to haggle down from 1.5 + vat
Aibu?

Maursh Tue 22-May-18 04:12:35

Lots of online agents with fixed fee: purple bricks, ewe move etc. Have a look at those.

Monty27 Tue 22-May-18 04:17:43

Purple bricks are out the window for me. You have to appoint professionals to do the ground work. They do NADA

ilovewinterpansies Tue 22-May-18 04:21:35

I've had a range.

1.15% plus vat for sole agency
Joint agency 1.5% plus vat and 2% plus vat

Been offered 1% plus vat for sole agency but went with another for various reasons.

In London though and I think the higher prices mean they're willing to accept a lower percentage. And yes always haggle!!

Monty27 Tue 22-May-18 04:22:56

I am in south London

Monty27 Tue 22-May-18 04:26:09

Thanks ilove. Yes they dropped from 1.5 t 1.4!! I am not convinced. I liked them though. I was prepared to accept for 5 minutes until friends told me to hold fire.

ilovewinterpansies Tue 22-May-18 04:27:36

@Monty27 me too (SW20). Defo haggle hard if they're insisting on 1.5% plus vat for sole agency.

Dexters suggested 2.5% plus vat when we spoke to them. Lost all credibility with us....trust flew out of the window, especially when subsequent conversations showed they were willing to accept 1.5% on a joint agency basis!!!! Jokers.

Monty27 Tue 22-May-18 04:33:22

Sole or joint agency wasn't even mentioned in the convo. Also they tried to say how easy it would be if I bought through them as well.
I have wanted to move for years but when I get this crap I throw my hands in the air and just stay here angry

TookyClothespin Tue 22-May-18 04:37:31

Not in london, but in SE. Had 3 agencies selling our house. 1st wanted 1.5% +vat but negotiated to fixed fee which in the end has worked out to be 1% of sale price +vat.
Added in another agent after 4 months, they wanted higher fixed fee as multi agency, 1st agent kept theirs the same.
A 3rd agent wanted 1% +vat as multi agency.
1-1.5% +vat seems standard here.

Previous house we sold in another area (with significantly lower house prices) wanted 3% +vat!

OrcinusOrca Tue 22-May-18 04:38:51

I got 0.75% + VAT a year ago in Essex and my friend in Cambridge got the same two months ago.

Sewfrickinamazeballs Tue 22-May-18 06:26:11

Fixed fee of £4000+VAT, sale price around 425 so about 0.9%. Down from 1.5%, managed this due to another agent offering me 0.75% no VAT but they overpriced the house and their communication was not great

mrsmandm Tue 22-May-18 08:49:07

I'm sure everyone will shoot me down, but Purplebricks have been amazing for me. Local agent, knows the market so priced the house right, calls me almost every day to update on viewings and offers (three weeks in now). So much better than the local agent I used last time who I had hardly any communication with.

Dickybow321 Tue 22-May-18 11:24:11

£199 Doorsteps. Mine sold the day it went on the market and my partner's sold in 7 days. They don't charge commission. HTH

PleaseSell2018 Tue 22-May-18 11:30:16

1.25% plus VAT negotiated from 1.5% and we accepted an offer before it officially went on the market for very close to asking price so I feel it's been worth it!

Also South London.

Northumberlandlass Tue 22-May-18 12:51:09

NE - when I sold 18 months ago there was a flat fee of £1950 plus VAT. Well respected / known local Estate Agent.

PJBanana Tue 22-May-18 15:50:09

We also had a fantastic experience with Purple Bricks, and their local agent was great! We’ve had two terrible experiences with our “local” high street agents recently.

PB did MUCH more for us than our useless local high street EA when we sold last year, who we were on the market with for 6 months and wanted to charge us 1% of our sale price (around £2k).

We sold with PB after a month, and only paid £900. We would definitely recommend them!

EspressoButler Tue 22-May-18 15:54:57

Yes absolutely haggle. Except with foxtons, they won’t budge wink

HumanParaquat Tue 22-May-18 16:32:48

We're paying 1% + vat with a large agency and they've been amazing. All the agents that quoted asked for the same fee. We're in Oxfordshire.

Housemum Fri 25-May-18 11:07:03

North Hampshire - local agents are around 0.5%, one is offering prices comparable to online. We went for the £899 upfront payment, plus £340 for them to do the viewings. If we weren't sure about selling, or don't have the money upfront, they also offer £295 upfront with further £1200 on completion. (and also pay extra for them to do viewings)

wovendeckchair Fri 25-May-18 12:18:29

0.05% +vat in quite fancy town in midlands.

wovendeckchair Fri 25-May-18 12:19:17

sorry half a percent.

OnePotato Fri 25-May-18 20:41:34

0.75% + VAT if we did our own viewings (which we did) or 1% + VAT if the agent did them. Can’t recommend them enough. House sold in less than a week for just over what they valued it at (and £5k below asking price) and they worked hard between offer and exchange too.

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