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Estate Agent Typical Fees

evening all,

Ive read on this site on several posts that you should try to get Estate agents down to 1% fees and ideally no lock in period when selling your home. so far ive had quotes from Connells of £3000 flat fee and and a quotes for £2500 from Taylors estate agents. Both companies stated they dont do a percentage fee and that most estate agents just do flat fees as well. Am i just unlucky and should i try other estate agents or are percentages a thing of the past? My flat is only worth 100k and i dont want to pay £3000 when selling it. I am in Worcestershire if this helps?

cheers
Mortgage at August 2017 - £169,800

Current MF date - June 2029 :eek:

Comments

  • vectistim
    vectistim Posts: 635 Forumite
    Part of the Furniture
    Try a real local agent rather than a national chain.
    AIUI Taylors is part of Countrywide, Connells is part of the Skipton.
    IANAL etc.
  • ACG
    ACG Posts: 24,637 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    It depends how much competition there is in your local area.
    Plenty of competition means a fair few to have a try at, not much means your probably stuck with whoever is around.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Local markets have their own rates.

    But paying 1% to an agent who does nothing more than stick a leaflet in the window might be a wasted effort compared to paying 3% to an agent who busts a gut to market everywhere possible and finds a buyer within 10% of asking price 6 weeks later.
  • Dave_Ham
    Dave_Ham Posts: 6,045 Forumite
    Tenth Anniversary Combo Breaker
    The Connells in Worcester are severely hard work to deal with. They top my hardest Agents to deal with 2012 so far...

    I am sure this has been debated to death, but there is only so many pictures you can take of a £100k flat. I make you right to save your money and I would pay £200-£300 and pay upfront an online agent to advertise on Rightmove et al.

    All the best
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it.
    This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • BEAR
    BEAR Posts: 217 Forumite
    Dave_Ham wrote: »
    The Connells in Worcester are severely hard work to deal with. They top my hardest Agents to deal with 2012 so far...

    I am sure this has been debated to death, but there is only so many pictures you can take of a £100k flat. I make you right to save your money and I would pay £200-£300 and pay upfront an online agent to advertise on Rightmove et al.

    All the best

    tried connells last year and was very unimpressed with their service so changed to shelton & lines who were excellent. Saw a house I wanted to view a few months later with connells as agents took 4 days to get an appointment to view. they kept saying they would ring back with a time, then said vendors could not be contacted. When I finally did get to view they had only rung the vendors that morning. Vendors quickly changed agents!!
    Number 35 :j
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