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Estate agent percentages

Estate agent percentages

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Old May 6th 2005, 9:30 am
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Default Estate agent percentages

Hi, I have just added to the list of "How many of us have our house up for sale" and I thought we may be able to help each other with clawing a little money back from the estate agents. We have Cheshire Building Society coming around tomorrow and I have haggled and got 1.1% is this good, average or rubbish?. We did shop around and we got Halifax 1.8%, Swetenhams 1.5% but only because we purchased this house through them, Beresford Adams flat rate £4500 based on as sale of £240k, Colby Conduct Independant Estate Agents 1% but they have boards up all over the place but few 'sold' signs that I can see all the above are plus VAT how is everyone else getting along ?
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Old May 6th 2005, 9:34 am
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Default Re: Estate agent percentages

Originally Posted by elfin
Hi, I have just added to the list of "How many of us have our house up for sale" and I thought we may be able to help each other with clawing a little money back from the estate agents. We have Cheshire Building Society coming around tomorrow and I have haggled and got 1.1% is this good, average or rubbish?. We did shop around and we got Halifax 1.8%, Swetenhams 1.5% but only because we purchased this house through them, Beresford Adams flat rate £4500 based on as sale of £240k, Colby Conduct Independant Estate Agents 1% but they have boards up all over the place but few 'sold' signs that I can see all the above are plus VAT how is everyone else getting along ?
Elfin

Hi
I guess it depends where you are. We are in Manchester and are paying 0.75% plus VAT.
All the estate agents round here charge 1 - 1.5% but there are loads of them so you can negotiate.
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Old May 6th 2005, 9:37 am
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Default Re: Estate agent percentages

Hi Elfin!

We managed to beat our agent down to 1% including VAT. Beat them down with the biggest stick you can find!!!!!

There's ALWAYS room for manouvre (sp?)

Petra
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Old May 6th 2005, 10:23 am
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Default Re: Estate agent percentages

It's often about 3.3% here in Australia.
 
Old May 6th 2005, 11:28 am
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Default Re: Estate agent percentages

Originally Posted by elfin
Hi, I have just added to the list of "How many of us have our house up for sale" and I thought we may be able to help each other with clawing a little money back from the estate agents. We have Cheshire Building Society coming around tomorrow and I have haggled and got 1.1% is this good, average or rubbish?. We did shop around and we got Halifax 1.8%, Swetenhams 1.5% but only because we purchased this house through them, Beresford Adams flat rate £4500 based on as sale of £240k, Colby Conduct Independant Estate Agents 1% but they have boards up all over the place but few 'sold' signs that I can see all the above are plus VAT how is everyone else getting along ?
Elfin

Bloody 'ell, I had Taylors round (who are part of Countrywide, they have different names around the country). She quote a massive 2%, I nearly fell off my chair when she told me, good job I was sitting down.

I also had an independent estate agent round and he quoted me 1.25%, I have got the Halifax coming out next week. I am hoping that I can get Taylors down to a more reasonable fee, because I was quite impressed with her sales talk.

It must depend on where you live, I suppose from the other posts on this thread, we live in Swindon.

Hazel
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Old May 6th 2005, 11:57 am
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Default Re: Estate agent percentages

Originally Posted by Kevhaze
Bloody 'ell, I had Taylors round (who are part of Countrywide, they have different names around the country). She quote a massive 2%, I nearly fell off my chair when she told me, good job I was sitting down.

I also had an independent estate agent round and he quoted me 1.25%, I have got the Halifax coming out next week. I am hoping that I can get Taylors down to a more reasonable fee, because I was quite impressed with her sales talk.

It must depend on where you live, I suppose from the other posts on this thread, we live in Swindon.

Hazel
we had Taylors (Bristol) around and quoted 1.75 and we went with them. After nearly 6 months and not a sensible offer I jumped ship to Yourmove and got 1.6% . Taylors really pissed me off, their marketing is good and they get people in through the door but they use a 'throw enough mud some will stick' approach and their salesmanship was dire in our experience. Yourmove however were wonderful and got us 2 offers in 3 weeks
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Old May 6th 2005, 12:02 pm
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Default Re: Estate agent percentages

Originally Posted by elfin
Beresford Adams flat rate £4500 based on as sale of £240k,
That's outrageous :scared:

We had one quote of 1.25%, one who wouldn't say - and from subsequent conversations wouldn't go near with the 10foot pole, and the one we went with offered .75% inc VAT.- Very nice people, trying very hard, only been a few weeks, but Blair got in the way and really hoping things will now pick up again. We are in a major hotspot apparently - yeah right
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Old May 6th 2005, 12:54 pm
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Default Re: Estate agent percentages

We are currently with an agent who is charging 1.25%, the one before him we managed to get down from 1.75% to 1% but they were crap. Some of the agents around Newport are currently charging 2%.
Sarah
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Old May 6th 2005, 2:51 pm
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Default Re: Estate agent percentages

Originally Posted by elfin
Hi, I have just added to the list of "How many of us have our house up for sale" and I thought we may be able to help each other with clawing a little money back from the estate agents. We have Cheshire Building Society coming around tomorrow and I have haggled and got 1.1% is this good, average or rubbish?. We did shop around and we got Halifax 1.8%, Swetenhams 1.5% but only because we purchased this house through them, Beresford Adams flat rate £4500 based on as sale of £240k, Colby Conduct Independant Estate Agents 1% but they have boards up all over the place but few 'sold' signs that I can see all the above are plus VAT how is everyone else getting along ?
Elfin
We're with Lambert and Wakefield (local agents) and they are charging 1.25%
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Old May 6th 2005, 2:52 pm
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Default Re: Estate agent percentages

We got 1.5% and that's a good deal in London
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Old May 6th 2005, 3:12 pm
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Default Re: Estate agent percentages

We negotiated £1,750 + VAT which works out at 0.8% - have just put the house up again after our trip to validate (house had been on the market for the previous six months). We have lowered the price again - it's now priced to sell!!

Chris
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Old May 6th 2005, 3:15 pm
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Default Re: Estate agent percentages

We are on at 1.3% - should have been 1.5% but there was a "special offer" the month our property was listed! Estate agents speak for "no properties on our books" methinks!

They're not doing a bad job (apart from losing our key! :scared: ) (But they did pay to get the locks changed)

And we have someone coming back for a second look on Wednesday which seems very promising. . . .

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Old May 6th 2005, 3:15 pm
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Default Re: Estate agent percentages

Originally Posted by binbird
We are on at 1.3% - should have been 1.5% but there was a "special offer" the month our property was listed! Estate agents speak for "no properties on our books" methinks!

They're not doing a bad job (apart from losing our key! :scared: ) (But they did pay to get the locks changed)

And we have someone coming back for a second look on Wednesday which seems very promising. . . .

Binbird

Great news good luck.
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Old May 6th 2005, 9:14 pm
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Default Re: Estate agent percentages

We are paying 1.5% . Does anyone know if this is of the selling price or the price you get?

Michelle
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Old May 6th 2005, 9:25 pm
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Default Re: Estate agent percentages

Originally Posted by fozzie
We are paying 1.5% . Does anyone know if this is of the selling price or the price you get?

Michelle

That'll be the price you get.

How's it going
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