When it comes to choosing the best estate agents to sell your property, there are a great many things to consider. Though it should never be the ruling factor, one important area of the process is the fees that the agent will charge. As such, it is important to understand these.
The most expensive fee charged by estate agents in London will be their commissions, which will comprise a percentage of the final selling price. This is negotiable, so it is important to get the best deal you can here.
Many estate agents have charges specific to their company, but it is still important that you understand what the charges are and agree to them. You should ask your estate agent for written confirmation of the charges, too.
It is possible for agents to charge for producing the particulars and photos of the property. It is also possible that advertising costs through local newspapers could be passed on to the seller. The installation of ‘for sale’ signs could also be charged for.
Such charges are rarely asked for by the bigger and more established firms in the area. However, niche agents and small independent firms could need such costs covering. There are also those that charge for conducting viewings, though this practice is extremely rare these days.
Another charge which can catch some people out is VAT. From time to time this is not mentioned by the agent when discussing their fees. VAT will need to be added onto the final bill, at whatever rate is applicable at the time the sale is processed.
Professional agents will always take their vendors through each of their charges and fees carefully, explaining each aspect as they go. To help you find the most professional estate agents in your area, try searching online for estate agent reviews. A reputable site will be able to put you in touch with every firm in your part of London.
For more information please visit – www.meetmyagent.co.uk
