Have you really managed to get 1%?

hander

Read various threads on here with interest. Thanks everyone.

We paid 2.5% on your last house sale (sigh). And this time, I feel determined to drive that a lot lower. But Martin and Marcus's figure of 1% seem very low. We live in West London and have just had three agents round for valuations etc.

One was Foxton's - massive in London if they're not near you - and their fees are 2.5% non noegotiable.
- The other two were smaller agents but they've only dropped 0.25% from 2 to 1.75. I've yet to respond but I can't see them going lower.

Anyone else done this recently in London? Am I just being too easy on them?

Doozergirl

I've just posted on another thread about this, and as our flat isn't quite finished, I've only had a quick conversation with Haart, but I have got them to 1.25%.

Our first sale we paid 2% to the agent who we went with because they had the house wanted (and didn't get) :wall: Our second sale we paid 1.5% instead of 2% to Halifax becase we had an account but we still weren't really looking for the best price.

Having moved to the Midlands now, it's easy to get 1%.

hander

Thanks for that. Is that Haart in London? That is, are you selling in London at the moment?

Doozergirl

hander wrote:

Thanks for that. Is that Haart in London? That is, are you selling in London at the moment?

Yes. All that anecdotal stuff was about London too.

dfarry

I'm in SE LOndon and was initially offered between 1.25 and 1.5% but I negotiated this down to 1%.... not veryu hard really I just said I was not prepared to pay more than xxxxx and did they want my buisness.

Tomthumb

Have you tried the online sites and selling it yourself? I put my Hotel on a few free sites homesonsale, houseladder.... I have a buyer for it (within a week) - it could still fall through, of course but there's no guarantee with Estate agents either. It's worth giving it a go though to save paying any fees at all!

dougk_2

We managed 1% last time - We just told the estate agent that this is all we were prepared to pay, if not we would go elsewhere.

Next time I am going to say - no % just a fixed amount as to what I think is fair for the work they do, take it or leave it!

lynzpower

I think Im going with houseladder which is less than £500 & feeds into rightmove. ( quidco cash back too)

If that doesnt work, Im going for half a percent I think

hander

Great stuff this - keep em coming!

Considering halfapercent as can do viewings myself. But it seems that really all you need is something that feeds into the main property sites, eg rightmove etc.

Respect to all you who dropped it to 1% (or less).

robwend

do you not worry that the lower percentage you pay the agent the less they will promote it? not saying that they wont be thats what id worry about

jonnydoe

lynzpower wrote:

I think Im going with houseladder which is less than £500 & feeds into rightmove. ( quidco cash back too)

If that doesnt work, Im going for half a percent I think

Don't you mean housenetwork Lynz? Didn't think houseladder advertised on rightmove..