Much much to pay an estate agent?

Much much to pay an estate agent?

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Discussion

monthefish

20,443 posts

231 months

Wednesday 3rd September 2014
quotequote all
g35x said:
Be happy you aren't in US/Canada and paying close to 5% !

http://www.justice.gov/atr/public/real_estate/save...

The 'logic' here is though that if you find a good agent they can get you back the 5% on the sale price. You probably don't want to totally skimp on this service.
That's quite a lot.
Is the process in the US/Canada different? Do the agents in the US/Canada do a lot more of the legal side perhaps?

hornetrider

63,161 posts

205 months

Wednesday 3rd September 2014
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Dan_1981 said:
Chrisgr31 said:
hornetrider said:
Where is it located?
Would you believe Chesterfield?
Really????

Where on earth in Chesterfield are there £1m flats?!
In the OP's block, obviously wobble

Chrisgr31

13,476 posts

255 months

Sunday 19th October 2014
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TheBMWDriver said:
Thanks for everyones input, we seem to have gone Way off topic now so could a mod close the thread.

A local agent is willing to take a 1% fee which I would have thought was high but after reading peoples post here I have come around to the idea of paying up.

Its not a huge issue if it does not sell as we have a place in the south. I will post back if we manage to sell it and how much we get.
Is it on the market yet? Not seen it on Rightmove.

TheBMWDriver

Original Poster:

591 posts

154 months

Monday 20th October 2014
quotequote all
Chrisgr31 said:
Is it on the market yet? Not seen it on Rightmove.
No not yet but I have some interest from a friend of a friend so I will see how that pans out before going to market.

crankedup

25,764 posts

243 months

Monday 20th October 2014
quotequote all
I'm watching Sarah Beanpole on tele tonight, how to sell without an agent.

Chrisgr31

13,476 posts

255 months

Tuesday 27th January 2015
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Chrisgr31 said:
I am inclined to agree with you. I'd be interested to know how much the OP paid for it when he bought it. There is one in the area which sold for £300,000 back in May 2010 and which Zoopla reckons is now worth £1.062m, although I must admit to being very unsure as to how they have arrived at that figure. I suspect there is an element of believing that spend equals value. The kitchen and bathroom fittings have cost almost as much as the average price of a property in the area and there are very few flats being marketed in the area, the next most expensive is on for £245,000 and there are no houses in the area currently being marketed for more than £1 mill.
Having been reminded to look at this thread from another thread today I find Zoopla have changed the value of the flat I found in Chesterfield to £307,855 which seems more reasonable.

Have you sold yours yet OP?

Yazar

1,476 posts

120 months

Wednesday 28th January 2015
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crankedup said:
I'm watching Sarah Beanpole on tele tonight, how to sell without an agent.
Funny that you said that back in Oct.


As noticed that London tubes this week are flooded with ads of an agent free property sale service, guess who owns it... yup the beanpole.

TheBMWDriver

Original Poster:

591 posts

154 months

Wednesday 28th January 2015
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Hi, No I have not had time to put it on the market yet too busy messing around changing cars smile

I plan to do it soon.

crankedup

25,764 posts

243 months

Wednesday 28th January 2015
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Renovation said:
The Moose said:
Renovation said:
The Moose said:
TheBMWDriver said:
Thanks, the property is only unusual because of the size and spec for the location. Its 6400 sq ft (600m2) has 5.5m high ceiling in most rooms, 100k worth of bathrooms, 70k kitchen and everything is connected to a smart home system. I have jammed packed it with gadgets and toys.
I'm not being funny, but how the hell is that a £70k kitchen?!?!
In the same way that Jeans cost £6 to £200 - slight design changes and names, names, names !
But seventy fking thousand pounds.

More money than sense comes to mine.

Maybe the emperor needs some new clothes also...
It's all relative - if you've just had a £1M bonus it's peanuts.

Unfortunately I haven't frown
One of my pal's has a large pot to p*ss in, another pal has a small pot to &*%$ in, my pot has a hole in it whilst my neighbour hasn't got a pot at all. Like you say it's all relevant really.

crankedup

25,764 posts

243 months

Wednesday 28th January 2015
quotequote all
Yazar said:
crankedup said:
I'm watching Sarah Beanpole on tele tonight, how to sell without an agent.
Funny that you said that back in Oct.


As noticed that London tubes this week are flooded with ads of an agent free property sale service, guess who owns it... yup the beanpole.
Indeed, the lady has done well for herself, only once that I heard did she mention her own business of 'selling without an agent'. Smart stuff.