Quizzes & Puzzles1 min ago
Agents Fees
Hi
I am in the process of trying to sell my house, I followed the usual advice (3 agents etc.) and selected an agent to negotiate in detail. Their starting commission rate was 2.25 which quickly dropped to 2%. This was 0.25% worse than the others but they are a better local agent.
I invited them to my house to discuss further after suggesting that they offer tiered rates depending on the price achieved and they then offered 4 rates starting at 1.75% for a very low valuation to 2% to one that is probably unachievable.
Should I counter offer – my feeling is that they are 0.25-0.5% higher than other agents or accept the rates (totally ~£1000 from lowest to highest) on the basis that they will achieve a higher sell price?
Thank you
J
I am in the process of trying to sell my house, I followed the usual advice (3 agents etc.) and selected an agent to negotiate in detail. Their starting commission rate was 2.25 which quickly dropped to 2%. This was 0.25% worse than the others but they are a better local agent.
I invited them to my house to discuss further after suggesting that they offer tiered rates depending on the price achieved and they then offered 4 rates starting at 1.75% for a very low valuation to 2% to one that is probably unachievable.
Should I counter offer – my feeling is that they are 0.25-0.5% higher than other agents or accept the rates (totally ~£1000 from lowest to highest) on the basis that they will achieve a higher sell price?
Thank you
J
Answers
Best Answer
No best answer has yet been selected by josadler7. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.