we did all the work and not the estate agent...

Deals_2

not that bothered as dont want hassle now. next time i will sell myself!

C32AMG wrote: »

You pay for the marketing and the access to their database.

Have you any idea how much advertising costs??! I've just ordered an ad in a property related magazine for £1,500 + VAT. And that is just a small black and white ad.

The fact that you showed them round is neither here nor there, you could have easily told one of their agents to do it.

(I'm not an EA, but I work within the property market).

Deals_2

did you pay the full fee at the end?

Cheester wrote: »

We had a similar situation when we sold our first house, and our 2nd property!!

If you haven't signed anything with the EA then you are fine, however if you have signed a contract with an EA, you pretty much have to part with some moolah and pay them the commission.

The law sucks

macaque_2

Deals wrote: »

we have a buyer for our house . however we did all the sales on the house as they dont even turn up and do their talk. the fee to pay works out at 1% + VAT so about £3700 on our house. i find this a bit steep considering i am a sales person i have done THEIR work. we have not signed any paperwork with them but now are keen to move on . What would you do? any recommendation. otherwise i said to partner though high i would offer 1% including VAT. any ideas appreciated.

Count yourself lucky. We rent and in our last house the landlord decided to sell out of the blue. The agent phoned me up one day and said people were coming to look at the property. They were too busy to come along so we would have to show the prospective buyers around. I told them they were jolly lucky that we were allowing viewers in at all and that they had better accompany the visitors or else.

Come to think of it, as a tenant, letting a prospective buyer into the house represents a valuable service to the landlord. In future I think I will stipulate 1/2% of the sale price for allowing viewers in while we are still living there.

terrierlady

who is going to progress chase the sale and ensure the chain is kept informed at every stage, who is going to make sure everyone agrees exchange date etc? will you be able to chase each mortgage offer and speak to solicitors to see that searches have been applied for and received etc.....yes estate agents are a pain in the a.. but they have good members amongst them who work their socks off trying to keep chains complete and everyone informed and negotiate an exchange and completion date.
viewings are only one small part of the job