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By *ichaelangela OP   Couple
over a year ago

notts

just been on the ITV news about estate agents who are charging the seller as per usual, but are now charging the buyer a "finders fee" too

in the example given on the news, the sellers charge on a £200.000 house is £180, and the buyers fee is 2% of the purchase price.... around £4800

allegedly, this is already common practice in 35% of house sales in the south east

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By (user no longer on site)
over a year ago

Been going on for years

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By (user no longer on site)
over a year ago

If any business deserved to lose out to Internet Trading it's the good old estate agents.

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By (user no longer on site)
over a year ago

Estate Agents are the scrum and the dregs...

Breaking News...!!! ?????

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By *icecouple561Couple
Forum Mod
over a year ago

East Sussex

I'm not an estate agent but I'm pretty sure they can't all be bad. We've come across a couple if very decent ones when we've been buying property prepared to do the groundwork and work for a sale.

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By (user no longer on site)
over a year ago

[Removed by poster at 09/05/14 20:19:36]

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By (user no longer on site)
over a year ago

Property is a mug off.

Looking at property as a rev stream to my mind is pointless.

Everyone wants a piece of the action, the piece you get left with the Tax man wants...I expect.

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By *reelove1969Couple
over a year ago

bristol

its not compulsory to use that agent though ..is it ?

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By *inaTitzTV/TS
over a year ago

Titz Towers, North Notts

I once looked into buying a place to rent, but didn't like how the numbers worked so paid of the mortgage instead. I thought that a better idea.

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By (user no longer on site)
over a year ago


"just been on the ITV news about estate agents who are charging the seller as per usual, but are now charging the buyer a "finders fee" too

in the example given on the news, the sellers charge on a £200.000 house is £180, and the buyers fee is 2% of the purchase price.... around £4800

allegedly, this is already common practice in 35% of house sales in the south east"

You just negotiate the price accordingly as long as you know upfront.

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