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CHEAP BASIC REALTOR WEBSITES PLUS
CHEAP BASIC REALTOR WEBSITES PROFESSIONAL

CHEAP BASIC REALTOR WEBSITES PLUS

Marketing the house on property portals like Rightmove and Zoopla, plus through more traditional outlets like their own windows, newspaper adverts, and so on.Drumming up interest from their own list of appropriate buyers – this is really important.Producing an enticing written description of your property.

CHEAP BASIC REALTOR WEBSITES PROFESSIONAL

Taking professional photographs of your home.

Valuation of your property, based on researching the local market, looking at trends and past sales data.

In general, you should expect that the estate agent fee will include the following services: In particular, online estate agents often offer cheaper packages, but these may not be nearly as comprehensive in terms of the services provided. What’s included in estate agent fees varies by agent – which is why it’s so important to ask. What do estate agent fees usually include? And you will have to pay that estate agent, even if you find your own buyer. When you sign it, the estate agent in the contract is the only one allowed to sell your home during the period stipulated. If your contract gives the agent sole selling rights then think carefully before signing. In addition, you also need to look out for ‘sole selling rights’. These terms can prevent you from going to another agent if things don’t go to plan (which unfortunately happens more often than you’d think). In particular, pay attention to the sole agency lock-in period which varies dramatically across agents and is very long in some instances. In these cases, agents may charge a set fee instead, which is similar to the model used by online estate agents.Īlongside asking agents about fees, it’s really important to review their contract terms. There are exceptions to the percentage fee model though, particularly for cheaper properties.

So bear that in mind when comparing costs. If you’re trying to sell in London, it’s also worth noting that, as with most things in the capital, estate agent fees tend to be more expensive. However, for higher-value properties – such as those over £500,000 – agents are often prepared to accept lower fees, which is worth bearing in mind. In our opinion, this is reasonably good value for money. More recent figures from the consumer site .uk based on research carried out last year found a very similar average fee for traditional estate agents, at 1.41% including VAT. That means if your home sells for £275,000 and you agree to this fee, you’ll be paying the agent £3,905. This can be anywhere between 0.75% and 3.0%+VAT depending on the type of contract you opt for with your estate agent.Īccording to TheAdvisory, the most recent figures put the average estate agent fee for a sole agency contract at 1.18%+VAT. Overwhelmingly, estate agents charge a fee based on a percentage of the price your home sells for. We’ll cover all these questions in more detail further on, but what we would say is that it’s best to gather information on fees and services from the agents you’re considering and to make a considered comparison based on all of these factors before you book a valuation. Do you go with the cheapest or is price an indicator of quality? How do you know what’s included? And what about online vs. One of the biggest challenges for home sellers when it comes to choosing an estate agent is that fees and contract terms vary widely. The basics of estate agent fees and contract terms A multi-agency contract (which generally delivers better selling prices) can be more expensive with a traditional agent – but that’s not the case if you use Movewise.

You should always negotiate on the fee – unless you let us do it for you!.You should always choose no sale, no fee – estate agents only sell about 50% of properties on their books, so don’t flip a coin on such a significant spend.You should be suspicious of estate agents charging less than 1% – there’s usually a reason they’re cheap.Watch out for hidden costs when speaking to agents – all the key services, such as photos, floorplans, marketing and managed viewings should be included in their fee.(Although it’s worth bearing in mind that London agents are usually more expensive.) The average estate agent fee in the UK is 1.18%+VAT (1.42% inc VAT) for a sole agency agreement, according to TheAdvisory.If you’ve not got much time, here’s our summary of the key things you should be aware of: