Off Piste - selling property advice

Ian3200

Member
Messages
849
Sorry for not being forum subject, but thinking there's a few on here that might have dealt in the odd bit of property in the past, what's the going rate of commission for putting your house on the market with a sole agent these days?
I don't want to be taken for a ride... any advice welcome
 

Doohickey

Velociraptor
Messages
2,502
It's usually a fixed percentage regardless of price - that way they are incentivised to do as well as they can. I'd have thought 1-1.5% would be the norm although it's a long time since I bought a house. It's generally what my company's agents charge but they tend to be selling a number of new flats. Get a few round and pick the one that proposes the least (although you don't always get the best service if they've cut it to the bone).
 

EVOeng

Junior Member
Messages
220
You should be able to get the percentage down.
Are they charging you for the EPC and pictures? Will they be doing it themselves or using a professional photographer?
 

BigR

Member
Messages
447
I recall these being highly negotiable. Last time was about 5 years ago and I have in my mind about 1.75% ish
 

midlifecrisis

Member
Messages
16,285
Hard you heard of Purplebricks? Was talking to a bloke at the weekend who is selling his mother in laws place for around £350k (or 300k with her still in it!) for less than a grand!
Just asked the wife and she says £750. Not sure how you do it but I've seen them advertising on rightmove.
 

conaero

Forum Owner
Messages
34,678
Online Estate Agency is the way forward, the old institution of rouges will be a thing of the past soon.
 

dem maser

Moderator
Messages
34,277
Let me know if you need advice

I charge 1.5% - 2%

You do get what you pay for, many 1% agents here but they are dreadful, not worth scrimping when it comes to selling your house

If you want to know more let me know
 

dem maser

Moderator
Messages
34,277
Online agents are terrible, stay away

Anyone can sell your property, that's the easy bit
The progressing of the sale and dealing with solicitors and surveyors is where we earn our money and also having a plan b in case the buyer pulls out
 

maverick

Member
Messages
1,982
Shop around get all the agents in your area to valuye your house ,ask all the right questions. eg .advitising,where and when ,no of clients there have on there books looking for your type of property ,how many are in chains who are first time buyers ,cash buyers etc .

Once you have decided on which agent to go with negotiate there % ,the market is reasonably boint so I wouldn't pay any more than 1.5% sole agent.you can do a 1.5% asking price or more achieved 1% if less ,that would tell if there are selling you a yarn and inflating the price to get you on there books than a month later tell you to reduce the price if you want to sell.

First thing I would do is a search on right move and see how many of your type of property are for sale in your area ,if the search comes back with very few it should put you in a strong position ,not unless your house is next to travelers park or the local dump if you know what I mean..

Just remember one thing don't trust a estate agent there are not your friend there are in the business of making money .I am not suggesting there are bad people its just business .
 

dem maser

Moderator
Messages
34,277
Get 3 people round and go with the middle valuation

Some are good some are bad, I like to think I'm a good one

I don't waste my or the vendors time with wasters, I'm very strict prior to viewings and by me doing that I sell a property in every 3 viewings I do....I ask to see AIPs prior to viewing and if they don't have one they won't view