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HPCbeliever

How Much Are Estate Agents' Fees

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Could anybody give me an idea of estate agents' fees (for sole and multiple agency) in the South East (outside M25). I am guessing 3% for multiple agency. Thanks.

Edited by HPCbeliever

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Depends on the size of the house, to some extent

Last year we paid 1.25% for single agency. Much below that and they may not bother doing anything for you.

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Myunderstanding is that in the southeast they try to go for 2.5% and in the good times got it. Not sure now though.

In the northwest its a different story. When my ex and I sold our former marital home in Didsbury in South Manchester in 2004 with a good agent we got 0.75% and he agreed to knock the cost of the valuation that we had him do for the divorce forms (£400) off the fee! And he achieved the highest price on the road.

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Paid 1% to Sherriff Mountford (Burnham, Maidenhead area) last September. They started off at 1.5% but dropped after about 30 seconds of 'negotiation'.

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Paid 1% to Sherriff Mountford (Burnham, Maidenhead area) last September. They started off at 1.5% but dropped after about 30 seconds of 'negotiation'.

Sherriff Mountford are idiots! I sold last year after refusing to go with SM as the 2 other agents said to go on the market at £80k more. I went with one of the others and actually sold for £35k more than SM wanted to advertise it for! I paid the agent I used 1.5% for sole agency while SM wanted 1.25%. Cheaper rate did not give a higher return in the end.

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Never sold so I don't know :P But thanks to HPC I believe between 1% and 3% and fees tend to go up when sales volumes go down.

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Thanks to those who have got back. I would be grateful to know what the estate agents' fees are for a large property around the £400,000 mark for both sole seller and multiple agency. Thanks for your help.

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