Thanks a lot all. Yes, like I said, no-one quotes a percentage anymore. So it will have to be the one with the lowest fixed fee as they could be lying about the price they say they can get for the house.
Also, like Annie123 said, one of the EAs told me that they have internal competition for a commission on selling a property so that the sales people have to try hard.
I have got copies of the contracts now
I know you do not know my area but this is what each EA wants. Please let me have feed-back:
They will all advertise in window, Rightmove, their own site, make brochure, local press, etc.
They all said that the higher price they suggested could the 'starting asking price' which probably means they will ask me to bring it down later on.
Agent A- Large chain
Asking price: £160-£165 K
Lock-in: 12 weeks
Commission: £3120 incl VAT
Plus £240 in advance for fancy marketing features: recorded description, premium property and featured property (probably waste of money)
Prepared to start promoting house while still being refurbished
Agent B- Large chain
Asking price: £140 K (?) (they called me sounding worried about their suggested asking price and asked me what prices other agents told me (I did not tell them)
Lock-in 10 weeks
Commission: £3000 incl VAT
Agent C- Single independent agency
Claim to have been operating in area for years and years.
Showed me a sheet from website
www.vizzihome.co.uk in which it says that their agency had the most sold properties (29.5% of sales) in my area from 5 July to 4 October 2013. Nearest competitor 17.6% of sales
Prepared to start promoting house while still being refurbished
Asking price: £150 to £160 K in letter
(they said £160K the day they visited the house)
Lock-in: prepared to come down to 12 weeks
Commission: £1920 incl VAT
Prepared to start promoting house while still being refurbished but do not want to bring people until it is tidy (H&S)
Thanks