Estate Agents Commission

[jollymummy]

Hello all,

We are looking to sell our house in ED and wondered what the average commission rate is in ED right now? Has anyone got recent experience selling with local agents? Any agent better than another?

We are abroad right now so any advice/tips most appreciated.

[dbboy]

1.5%

[teddyboy23]

Foxtons two and half percent

[Lu]

I sold a property in New Cross in March and paid 1.25% inc vat. Initially both agents I had round to do valuations quoted 1.5% plus vat. The market is very quiet and they?re keen to get new properties if you price it realistically. I suggest negotiating on whatever they offer. If it hasn?t sold, try another agent. Mine didn?t sell for 4 months, switched and it went in three weeks. Good luck.

[Aurorablast]

Similar experience - very little (certainly family homes)coming to market so agents having to charge competitively most now offering 1 per cent but couple still sticking out for 1.25 or 1.5. It annoys me there are still agents out there adding VAT on top. Commission should (since 2016) be quoted with VAT inclusive. Now just to find a good one!

[jollymummy]

Thx all.