Can you negotiate estate agent fees UK?

21/08/2022

Can you negotiate estate agent fees UK?

The very short answer to this is, yes. In fact, you absolutely should negotiate. We negotiate with agents on a daily basis, so we know most agents are willing to negotiate their fee to some extent – and may often quote slightly higher in the expectation that they’ll need to.

Do estate agents get commission UK?

Entry level estate agent salaries in the UK When you start as an estate agent in a commission-based role, you’ll typically receive a guaranteed salary for your first three months to cover you until you start to make sales and in turn, earn some commission.

Who is the biggest estate agent in Britain?

Purplebricks is by far and away the largest single estate agency brand in the UK, new figures show. However, Connells is the biggest agency group. By number of listings, the figures claim, Purplebricks is over three times the size of the next nearest single brand, William H Brown, part of the Connells Group.

Is purple bricks no sale no fee?

Purple Bricks do not work on a ‘no sale, no fee’ basis like most estate agents. This means, unlike traditional sales, the vendor still has to pay fees, regardless of whether the house sells.

How do I choose an estate agent UK?

Select a shortlist of estate agents

  1. Ask family, friends and neighbours – it’s always good to have a personal recommendation.
  2. Compare local estate agents based on the facts: how quickly they sell property, how close they come to achieving the asking price and how successful they are.

Can you negotiate estate agents commission?

Commission can be negotiable, and if you wish to choose a high street estate agent you can usually negotiate the fee price. Fees of 1% including VAT are reasonable, and you may be able to go even lower if the agent really wants your business.

Why you shouldn’t use Purplebricks?

Unfortunately, Purplebricks also do not offer a ‘No Sale, No Fee’ service. There is the option to pay on completion, but if after 10 months you still haven’t sold, the fee will still be payable. That means there is an element of risk when using Purplebricks service.

Is Purplebricks a con?

Don’t use Purple Bricks. Waste of time. Had to retake our own photos, write up our own key features, correct the address and then there no contact from them from that point on..!! Once they’ve signed you up, their commission is guaranteed and they dont give a s*** about you after that.

Can you negotiate estate agent fees when selling?

Once they have seen your property in person they will have a better idea of the target market and how easy it may be to sell. If the agent is keen and thinks the sale should be straightforward, they may be happy to negotiate on the fee, but this is not always the case.