|
General Chat This forum is for general topics and chat type threads. |
|
Thread Tools | Search this Thread | Display Modes |
4 Mar 21, 07:36 PM |
#1
|
|
Imagineer
|
Selling a property - fees
Hi all,
For the first time in my life I’m putting a house on the market. We are having a visit from the estate agent that is representing the house we wish to purchase tomorrow, to attempt to streamline the process. But there are no fees on the website. Anyone who has sold recently, what are the fees like? Just want to make sure it’s competitive. In case it helps. It’s a small 2 bed terrace and we are expecting it to be sold for £110-120k. Do you pay anything upfront or only at completion? Thanks
__________________
Mitch xx |
|
|
4 Mar 21, 07:40 PM |
#2
|
|
Imagineer
Join Date: Jun 09
|
Pretty much all estate agents will have a ‘ rack rate ‘ but some may allow haggling.
We paid 0.75% plus vat on a 280k house All paid on completion High street estate agent
__________________
Our 2014 west coast trip - pre-trip, small highs and lows , and photo book/storybook Pre-trip reportsmall highs and lows photobook/storybook Our MOST ANNOYING trip to Tenerife February 2018 ( an homage to infamous dibb threads |
|
|
4 Mar 21, 07:42 PM |
#3
|
Imagineer
Join Date: Feb 13
|
I have sold several houses in the past few years.
I pay - Estate agent fees - 0.9% +VAT Solicitor fees - 0.5% +VAT plus searches etc. I receive a bit of discount on the 0.5% for higher priced houses. I am sure you can beat 0.9% on estate agent fees - but the one I use seems to get top prices so have probably gained significant sums by paying a few pounds more. |
4 Mar 21, 07:47 PM |
#4
|
|
Apprentice Imagineer
Join Date: Oct 10
|
Remember get a couple of estate agents round at a minimum. I had three valuations and the bottom price was 50k less than the highest with the lowest wanting to obviously get rid asap.
|
|
|
4 Mar 21, 07:52 PM |
#5
|
|
VIP Dibber
|
We were quoted 0.8 last week and I think he is one of the pricier in this area. But we have used them before and know they are good.
He also said the market was extremely hot and properties were selling fast. That matches what I’ve seen on RightMove with anything interesting being snapped up in days. |
|
|
4 Mar 21, 08:04 PM |
#6
|
|
Imagineer
|
The best round here was 0.9%
__________________
August 2013 - 9 Nights Port Orleans French Quarter August 2015 - 4 Nights Hard Rock Hotel, 12 Nights Coronado Springs Resort September 2016 - Florida with my Prince! Forget Regrets... Or Life Is Yours To Miss.. No Other Road, No Other Way.. No Day But Today.. ♪ |
|
|
4 Mar 21, 08:13 PM |
#7
|
Imagineer
|
We have just paid 1% + vat. We did get another agent quote 0.75% but he would have sold the house 30K cheaper. The 1% agent more than paid for his extra commission. This was in Kent.
|
4 Mar 21, 08:26 PM |
#8
|
|
Imagineer
|
We were offered .75% but then another agent offered .5%, I went back to the original agent who matched it. I didn't expect it but thought there is no harm in asking. Most High St agents are usually no sale no fee. Definitely get a few round though.
__________________
Marie ORLANDO 03,04,05x2,07,O8,09,10x2,11x2,12x2,13,14,15,16 LV x2,SAN FRAN & LA,CRUISING THE CARIBBEAN,BALTICS ,FJORDS,BAHAMAS,ITALY, BARCELONA,FRANCE, PORTUGAL,BOSTON, NEW ENGLAND,BELGUIM,GUERNSEY. NEW YORKx3 & MIAMI |
|
|
4 Mar 21, 08:28 PM |
#9
|
Imagineer
Join Date: Feb 13
|
|
4 Mar 21, 08:31 PM |
#10
|
|
Thread Starter
Imagineer
|
Thanks all. Looks like I shouldn’t be paying more than 1% + VAT.
That’s really helpful. I don’t think the price of the house variation will be as big a deal here. We live in rows and rows of these terraces, several have gone on recently, all have gone on for £120k, and been sold within the week. None were as nice as ours to be honest, we have only been in 2.5 years and built a kitchen diner in the dining room, and turned the tiny galley kitchen into a utility room. So kitchen, bathroom etc all under 2.5 years old, and we have a little extension to make another storage room. But we’d be delighted to get £120k, we bought it for £82k, and spent £11k. So we’re after quick so we can make stamp duty saving, rather than fighting for every penny, but we’ll bear it in mind if it seems a bit low Thanks x
__________________
Mitch xx |
|
|
|
DIBB Savings |
AttractionTickets.com
Get £10 off each Disney Ticket with the code ATDIBB10 Get up to £50 off per room at Disney or Universal with the code DIBBHOTELS |
theDIBB Blog |
Guests can book their 2025 Hotel and Ticket package early to enjoy Free Dining &... Read More »
The iconic 1900 Park Fare restaurant is opening its doors once again at Disney’s Grand... Read More »
One of the the five worlds found in Epic Universe, How to Train Your Dragon... Read More »
|
theDIBB Menu |
Exchange Rates |
US Dollar Rates
Euro Rates |
DIBB Premium Membership |
Did you know you can help support theDIBB with Premium Membership? Check out this link for more information and benefits, such as... "No adverts on theDIBB Forums" Upgrade Now |