On 09/11/16 11:04, GB wrote:
On 09/11/2016 07:08, Tim Watts wrote:
On 08/11/16 23:04, James Wilkinson Sword wrote:
On Tue, 08 Nov 2016 22:47:39 -0000, Tim Watts
wrote:


Depends how easy and cheap it is to advertise on the main websites. I
assume the estate agents have discounts. Anyway, what does an estate
agent charge nowadays? It might not be worth the bother of avoiding
them.


A bloody fortune!

I've only ever bought a house, and that cost me £300 in 2000. I assumed
selling cost about the same.

Estate Agents charge anywhere upto 3.5%. So your £200k flat is costing
£7000 in fees which the seller pays.


I've paid 1% + VAT, after a bit of haggling. Certainly, 2% is easily
achieved around here. If the OP's property is worth £100k, say, he might
end up paying an agent £2k. But, he only pays that if the property
actually sells.

The Visum service he linked to is £110 in the first month and £50 a
month thereafter. So, say £250 to £500 to achieve a sale.

I'd say go for it!


It is possible to negotiate a deal with an estate agent.

When we sold my mums home, it was '2% up to £475k plus 10% of anything
over that'

Gave them a huge incentive to bargain for the best possible price
instead of going for a quick deal.



--
"Socialist governments traditionally do make a financial mess. They
always run out of other people's money. It's quite a characteristic of them"

Margaret Thatcher