What estate agent commission have you paid?

martin1959

Just wanted to get some idea of the levels of commission being charged/paid.


Have you found there is room to negotiate, especially with the big chains like Haart....


Tempted by online, but not sure of the follow up after offer accepted and valuation done, especially if they receive their payment up front....what incentive is there to push to completion.

domcastro

Poole 1.35% on a 250k house Feb 2015

Paully232000

I paid 1.26% in October 2013, North West England with a local estate agent.

Larger company, Bridgefords, wanted 2.52%

jbainbridge

1.25% + vat

questionss

1% inc VAT - London zone 4 2006 property circa £165k
0.9% + vat - premium London commuter town 2011 property circa £320k
The cheapest I negotiated was 0.8 + VAT but 2 agents stank of smoke!
They all could be negotiated to about 1.2 + VAT

pinkteapot

1% inc VAT, north Essex, £250k property, Feb 2014.

They said 2.5%. I said 2.5% if they got us more than £250k (this was when there was still a big jump in stamp duty at that price) or 1% if they didn't.

They all have room to negotiate.

If you're going to be in a chain, I wouldn't go online. Ours was worth their weight in gold when we had a long chain where all the parties needed chivvying along. They were really proactive. But that might have been because they were selling 3 out of 4 houses being sold in the chain.

Unitoons

We paid a fixed fee on our house. £280k paid £2,200 including VAT - small local agents who we have used before (and would again).

This is in Gosport, Hants.

penguingirl

In Lancashire. We're paying a fixed fee of £1250+VAT (which equates to about 1%), with a 10% reduction if it took longer than 8 weeks to go SSTC (it didn't). In our village the EAs are all very competitive and all tried to do deals like this. We also don't have a minimum contract length, just a 30 day notice period.

dan7hughes

Seems 1.5% inc VAT was about standard where we are.
2 firms offered me 1% plus VAT (so 1.2%) quite quickly to persuade me. I preferred the 3rd firm so are paying them the 1.5% if they hit a certain price, then 1.1% plus VAT (so 1.32%) if its below that price.

Theres a lot to watch out for with agents quoting with and without VAT, and they all like to give you a £ figure on a selling price rather than the actual %. Then other things like upfront fees, EPC costs, floorplan costs and kick backs for using their solicitors you need to negotiate and keep an eye on.

Plus cheapest not always best - especially with some agents coming off rightmove/zoopla to go onto this new site i forget.

PurplePow

Local estate agent wanted £1,750 + vat to sell my £99,950 2 bedroom flat. Gone with an online estate agent for £560.

bstoke211

North Hampshire. Had 3 agents round to value. All valued property in same bracket.

One was 2%
Another was 1%
Went with one that was 1.2% and would drop to 1% if they couldn't achieve above a certain price for us. Achieved the price we wanted so we paid 1.2