Hi, I am in a quandry! We have agreed to part exchange for a house that was to let. We agreed to pay the vendors legal fees. He has had an offer of £10k more than we are paying but he has agreed to stay with our arrangement if we pay the EA fees so he gets a nice round £100k and our old house. The EA is acting as his letting agent and the house is occupied until March. Anyway, the agent has proposed a fee based on 1.75% of the higher offer plus VAT. I think this is high as he has only had to value the house and show us around in about 7 minutes! He has not had to market it or produce particulars. Would you haggle and if so how low would you go?
Thanks
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What to pay the EA?
7 replies
audley · 08/11/2009 19:14
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