Has anyone had any luck haggling Estate Agent Fees for Letting?

BAV187

Hi,

I'm wanting to rent my house and I've had 4 Estate Agents come to view and value the property. The fees range from 9% - 13%. Is there any chance I could haggle them down or will they just turn around and say "we offer … more than the other agents" (or something along those lines)?

G_M

You'll only find out by asking. Depends how keen they are for your business. But to b honest, price should not be your highest priority in choosing between them. It can be a false economy. See also


* Letting agents: how should a landlord select or sack?


* New landlords (1):advice & information :see links in next post

* New landlords (2): Essential links for further information

SmashedAvacado

yes - if they are managing i would ask them to split the let and the management fee - and make the letting fee applicable for the first year only. If your tenant stays for 3 years, you shouldn't be paying letting fees for all that time - the job was done once. So if its 13% ask for a 7% / 5% split for letting / management so after year one you are paying 5% for the management for as long as the tenant is there. Obviously if you need a new tenant then they get the letting fee again for that year.