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Old 31 January 2006, 12:44 PM
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AudiMan
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Question What percentage to estate agents

Thinking of putting the house up, (value about 250k), what sort of percentage should I be looking at to pay estate agents,
1/. sole agency
2/. multiple

Have heard vaule of about 1.25% for sole,
Not done this for about 10years so things may have changed a bit, oh south of england (Hampshire) if that makes a difference.

Thanks

Ian
Old 31 January 2006, 12:47 PM
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TelBoy
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Does Yell.com not give any results for "estate agents" in Hampshire..??? Can't you just call some?
Old 31 January 2006, 12:49 PM
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Old 31 January 2006, 12:56 PM
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TopBanana
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Originally Posted by TelBoy
Does Yell.com not give any results for "estate agents" in Hampshire..??? Can't you just call some?
Hardly likely to be impartial though
Old 31 January 2006, 01:01 PM
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speedking
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1% is an achievable target. But if you beat them down they might not be so keen to promote your property over others
Old 31 January 2006, 01:02 PM
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Patt@firstime
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Too much


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Old 31 January 2006, 01:11 PM
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watto52
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Originally Posted by AudiMan
Thinking of putting the house up, (value about 250k), what sort of percentage should I be looking at to pay estate agents,
1/. sole agency
2/. multiple

Have heard vaule of about 1.25% for sole,
Not done this for about 10years so things may have changed a bit, oh south of england (Hampshire) if that makes a difference.

Thanks

Ian



personaly what i would do, is look round and find the best prices. Its like a meat market out there, so im sure you could get a good price.
Old 31 January 2006, 01:19 PM
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pslewis
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0.75% is what I offer ............ take it or leave it.

If its the right house, at the right price with buyers waiting then they will ALWAYS take 0.75% .............. don't let them tell you otherwise!

Pete
Old 31 January 2006, 01:27 PM
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RAZ492
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Thumbs up !!!!!!!!!!!!

I got them down to .75% too, robbin bar-stewards.

Raz.
Old 31 January 2006, 01:32 PM
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V1CK1
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Originally Posted by RAZ492
I got them down to .75% too, robbin bar-stewards.

Raz.
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Old 31 January 2006, 01:32 PM
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Pete is talking sense...... Always try to negoitate with them. If you pay above 1% you may as well lend them your wife too.
Old 31 January 2006, 01:33 PM
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P1-Brad
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Wouldn't appoint an estate agent solely based on fees, think their typical clientele, advertising reach, reputation etc should all be considered. Best to go into a few and see if you like them / their proposition.

For fees I think a sliding scale works well. In Reading they were asking anything from 1.25% - 2%. Try and get the % to include VAT also as that could save you a few hundred quid.

Like with most things, it's often a case that you get what you pay for.
Old 31 January 2006, 01:39 PM
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V1CK1
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Originally Posted by Milamber
Pete is talking sense...... Always try to negoitate with them. If you pay above 1% you may as well lend them your wife too.
Probabaly wouldnt want her ...


Only kidding.....


An Estate Agent in the South East who shall remain unamed marketed a property and the valuer spent a lot of time on the property and the mans wife

Now divorced funnily enough!
Old 31 January 2006, 01:44 PM
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AudiMan
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Exclamation

Thanks for the constructive advice, I appreciate I have to pay something, and also understand "you get what you pay for", but by the same token I didn't want to be financing some spotty little chav's new M3 (which seems to be the estate agents car of choice near me), I don't have the time to do a DIY job of advertising it so will have to pay one of them, just needed some idea of what i can negotiate down to.

Ian
Old 31 January 2006, 01:52 PM
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Subaru is our choice, would that stop you using us?
Old 31 January 2006, 01:57 PM
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Milamber
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Originally Posted by V1CK1
Subaru is our choice, would that stop you using us?
Who do you work for in Billericay? Pm me if you prefer. I used to work in Basildon and now north Essex but know a firm in Billericay..
Old 31 January 2006, 02:03 PM
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TelBoy
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Say two active ESC members to each other... Do you ignore each other at the pub?
Old 31 January 2006, 02:05 PM
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V1CK1
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Originally Posted by TelBoy
Say two active ESC members to each other... Do you ignore each other at the pub?
Of course we ignore each other!



Tel boy there are more than 2 members in our club
Old 31 January 2006, 02:19 PM
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Leagro
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Useful thread over on MSE for house selling info

Clicky
Old 31 January 2006, 02:25 PM
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Kyl3cook
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Single Agency about 1%, but multiple, they'd be looking for more like 2%
Old 31 January 2006, 02:48 PM
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Tiggs
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"but by the same token I didn't want to be financing some spotty little chav's new M3 "

why would you hire a chav to sell your house?

this is soooo simple, get 3/4 round to quote and describe the service they will offer.....select the best and pay an amount you both agree on based on what they say they will do.

not hard at all.

your house is worth £250k so an extra .5% is not relevant - getting it sold is the priority. 1% but never sold is not as good as 1.5% and sold in 2 weeks.
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