How to sell your house: understanding agents’ fees

So, you’ve decided to sell your home. Whatever the reason – be it upsizing, downsizing, or moving out of the area completely – selling a property can be a challenging – but rewarding – undertaking.

At Brookings, we’re supporting first-time sellers by highlighting everything you need to know about making the sale, from valuation and marketing to mortgages and legal work.

Understanding agents’ fees

“How much is this going to cost me?”

Unsurprisingly, this is the question we receive most as estate agents. But as everyone’s sale is different, there is no one way to answer.

Most agents charge a flat percentage fee ranging from between one and three per cent, plus VAT. Some agents also offer a fixed fee, but this is not as common.

For example, a 1.5 per cent fee on a property worth £500,000 will come to £7,500 plus VAT.

The fee charged also depends on the services and type of contract offered. For example, some packages include professional photography and assisted viewings, while others may include just online marketing. Agents may also charge more or less if they have the exclusive selling rights to your property.

At Brookings, it’s our mission to make any fees – including agents’ fees, any applicable mortgage exit fees, conveyancing and removal costs – clear from the outset, meaning you can start planning for your move straight away.

For a bespoke quote, get in touch with our expert team here.

What do I get for my money?

Across three different packages (silver, gold, and platinum), we tailor our home selling services to your unique requirements.

All of our packages include a free sales market appraisal, online advertising with Rightmove, Zoopla, On the Market, and our own digital platforms, and exclusive access to our prospective purchaser database, approved conveyancers, our purchaser vetting service, and property viewings booking service.

Our gold and platinum packages include all of the above, as well as attended viewings, property feedback, property transaction advice, marketing stats, in-house sales mediators, and assistance with the completion of legal documents.

In addition, our platinum package includes professional photography, premium online listings to increase online exposure, free Energy Performance Certificates (legally required to sell a property), and a free floor plan.

To find out more about our complete sellers’ service, please click here.

Get expert help today

For more help and advice selling your property, get in touch with our expert team today.

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