Estate agents - fixed fee or percentage?

[ChairOfInvisibleStudies]

We've had a quote from an estate agent of either a fixed fee of £2k or 0.66%, which would equate to about £2700 at the sort of offer we're looking for. I appreciate that in theory the % fee may motivate the agent to work for a higher offer, but even, say, £20k over the asking price would only equate to about £130 more for the agent, so I'm not sure how much difference it would really make. Given that it seems to be a seller's market at the moment, so hopefully the offers will be good anyway, is there any reason not to go for the fixed fee?

[FawnDrench]

Does the fixed fee include VAT?
If not, that will push it up quite a bit.

[ChairOfInvisibleStudies]

Yes, the 0.66% includes VAT 🙂

[ChairOfInvisibleStudies]

Tired brain - totally misread your post - both include VAT