Estate agent fees

[QueSeraSeraWhateverWillBeWillB]

We are trying to decide between two agents to sell our property in an area with an incredibly sluggish property market. Houses are sitting on the market for months, even with reductions.

Which of these agents would you go with?

Agent 1 - charges 1% + VAT.

Agent 2 - a flat fee if a certain price is obtained (equivalent to 1% + VAT), but an additional fee of 10% + VAT on anything extra that they manage to get us above that price. The agent claims that this acts as an incentive for them to get us the best price.

Any advice would be much appreciated!

1% + VAT if something sells it sells

1 percent plus vat,

And the second agent is talking shite. All agents want to keep thr local market pricing as high as possible.

Tell them to do one.

I don't have a problem with an agent being incentivised to achieve the best possible price for me. It's a win-win, surely? Depends on the price they've quoted on your house though. If both agents have valued your house the same then I'd go with the one the other posters are saying are being cheeky, all other things being equal.