Estate Agent Fees

buyahousein2010

My gf and I are FTBs.

Through a family friend we got wind of a house being put on the market and have been able to view and make an offer privately (without the use of Estage Agents). The property was valued by three separate agents for valuation purposes they day we had our first viewing.

My question is, what would percentage would Estage Agents take on a 250k property? My view is that we should split the difference, thereby saving the vendor the money they would have had to pay an agent had they used one.

tabskitten

usually 2% of the price the property is SOLD for

xx

johnofhertford

where i live about 1.5% + VAT

xyellowx

2% average
i got them down to 1%
would offer less the 2% why save the vendor money?
there probably cant beleive there luck that sombody put a offer in first day

property.advert

I would never pay an agent 2%. 1%, perhaps 1.5% and like it or lump it.

Squish_21

1.5% where i live.

hwalkerh

If you put in an offer then you should have taken account of the reduction due to them saving from estate agents fees before putting in an offer.

Have they accepted your offer?