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Friday, December 13, 2024

How much do estate agents really charge?

This is a question that we get asked a lot and it’s one that is difficult to answer. It really depends on the agent and what their fee structure is. Some agents will charge a flat fee, while others will charge a percentage of the sale price. There are also some agents who will work on a commission basis, where they will only get paid if the property is sold. The best way to find out how much an agent will charge is to ask them directly. However, you should also be aware of the different fees that agents typically charge. These can include marketing fees, advertising fees, and even commission on the sale of the property. When you are looking for an agent, it is important to make sure that you ask about their fees. This will help ensure that you are getting the best deal possible.

Do you actually need an estate agent to market your property?

If you are thinking of selling your property, you may be wondering if you actually need to use an estate agent. After all, they can be expensive, and with the rise of the internet, it is now easier than ever to market your property yourself. However, while it is possible to sell your property without an agent, there are a number of reasons why you might want to consider using one. The most obvious reason to use an estate agent is because they will have access to a wider range of potential buyers. This is because most people now start their property search online, and the leading property websites (Rightmove and Zoopla) only take listings from estate agents.

This means that if you try to sell your property yourself, it will only be seen by a small number of people. Estate agents also have a lot of experience in marketing properties, and they will be able to give your property the best chance of selling quickly and for the right price. They will also be able to deal with any enquiries and offers, which can save you a lot of time and hassle. Of course, using an estate agent does come with some costs.

Typically, estate agents will charge a percentage of the final sale price, or a flat fee. However, these costs should be weighed against the time and stress that you are likely to save by using an agent. In conclusion, while you can sell your property without using an estate agent, there are a number of reasons why you might want to consider using one. Estate agents will have access to a wider range of potential buyers and they will also be able to save you time and hassle by dealing with enquiries and offers.

How much does it cost to sell your home with an online estate agent? 

However, you should be aware of the costs involved before you make a decision. The cost of selling your home with an online estate agent varies significantly based on the services they provide and ranges anywhere from free of charge, to around £1,999. Industry heavyweights such as Purple Bricks and Yopa offer a full-service estate agent package with a dedicated local agent from £999 at Yopa and £1,199 at Purple Bricks.

More recently, there have been a number of newcomers who offer to sell your home free of charge such as Strike – who make their money via optional extras like mortgage advice, marketing boosts, hosted viewings and mortgage services – or Agree.co.uk who charge £399 for a fixed-fee package. It really depends on the agent and what their fee structure is. Some agents will charge a flat fee, while others will charge a percentage of the sale price.

There are also some agents who will work on a commission basis, where they will only get paid if the property is sold. The best way to find out how much an agent will charge you to sell your home is to ask them directly. However, you should also be aware of the different fees that agents typically charge.

These can include marketing fees, advertising fees, and even commission on the sale of the property. When you are looking for an agent, it is important to make sure that you ask about their fees. This way, you will be able to compare the different agents and find the one that offers the best value for money.

You should also make sure that you understand exactly what is included in their fee.

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