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UK Property Sales Fees
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| Senior Member |
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| posted by The Cerne Abbas Giant 589 days ago |
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I'm considering selling a UK property, and have been quoted 0.5% plus VAT as an agency commission. Any idea how this compares with market rates, or any tips for reducing it?
Ta
Watchu talkin' about Willis?
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| Senior Member |
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| 8236 Posts |
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| posted by Paps of Jura 589 days ago |
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what you selling Giant ?
Dib Dob nib knob
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| Regular Member |
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| 5570 Posts |
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| posted by westdoor 589 days ago |
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quote:
Originally posted by Paps of Jura
what you selling Giant ?
quote:
...... a UK property.......
I have a cunning plan ........
     
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| Senior Member |
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| 11419 Posts |
| Tagalogged |
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| posted by The Cerne Abbas Giant 589 days ago |
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A two bedroom apartment in West London. I haven't made my mind up whether to go ahead but am getting valuations.
Watchu talkin' about Willis?
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| The Designer |
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| 4227 Posts |
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| posted by HKBloke 589 days ago |
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is that sole agency ?
Interesting topic (and discussed in Freakenomics) about how to get them motivated to get the maximum selling price for your property.
Let's say the property has an asking price of 500,000. For each 10,000 above this you earn the full 10,000 whilst the agent only earns 50 quid. If you were an agent would you bother making all those extra phone calls + viewings just to earn 50 quid?? I wouldn't.
We are thinking of selling out house to and once the agent has told us the price to market it at i'm thinking of offering a (say) 60/40 split on anything he gets above that.
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| Senior Member |
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| 11419 Posts |
| Tagalogged |
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| posted by The Cerne Abbas Giant 589 days ago |
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I read that too Bloke. Definitely an idea to consider.
Watchu talkin' about Willis?
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| Senior Member |
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| 8236 Posts |
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| Italy |
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| posted by Paps of Jura 589 days ago |
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Westie... stope being pedantic.. Giant knew what I meant
Gian send me a PM with details please
Ta
Dib Dob nib knob
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| posted by EmilyBronte 589 days ago |
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.5% is pretty standard. I think the idea of a split for any extra is a fab idea. I will remember that one for later.
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