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Estate agents
Minerva77
Posts: 7 Forumite
I'm considering selling my 2 bed flat in south east London and purchasing a house with my partner. My flat is the only property I've purchased so I've had no experience of selling before. Is it better to go with a traditional high street estate agent or one of the new online agents like Tepilo, purple bricks or YOPA? My flat is approximately worth £250,000 and one agent has indicated fees would be around £5000 so the online option is looking much cheaper but I'm concerned about how effective they would be. Any advice would be appreciated.
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Comments
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The agent who is quoting £5k is taking the pee. Go to at least 2 other agents for prices and don't be afraid to haggle down.0
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I've never paid more than 1% + VAT. You should easily get that price.
I'm currently for sale with a traditional EA as I felt everyone else talked me into it. Regretted every day - should have put it up with an online agent. We've gained absolutely zilch by being with a local EA. Will soon be swapping to either housenetwork or eMoov. Ruled all the others out. You have a year to complete with them rather than 6 or so months with others. You need to pay the whole fee again if they don't sell. I also want to be able to pay at the end, not upfront.
Jx2024 wins: *must start comping again!*0 -
Spend £1000 making the flat highly desirable then find the cheapest online agent who uses rightmove and it will sell anyway and save you £3k in fees.Mr Generous - Landlord for more than 10 years. Generous? - Possibly but sarcastic more likely.0
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It all depends if you're priced right.
As for your OP, you'll find people who swear by online agents, and others who'll disparage them.
Con online
* customer service (for both buyer/seller) can be 'wobbly'
* if you pay fixed fee upfront, and don't sell, the money's lost
* Many people suggest a traditional EA is better at getting sellers a higher price, compensating for the higher fee
Pro online:
* much cheaper
* errrrr...........0
:rotfl: This discussion has been closed.
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