When cheap isn’t very cheerful

Estate agents’ fees for selling a property can vary wildly.

 

In many parts of central London 2.5% is a standard fee. However, I’ve seen agents in Essex advertising fees as low as 0.5%.

 

There is no way any agent doing their job properly can charge 0.5% and make money. They would have to cut more corners than a Grand Prix driver in several key areas just to break even or reduce their losses.

 

For a property to achieve its best price in the shortest possible period of time it needs to be well marketed. However, the area where the vendor can get really short-changed by a ‘cheap’ fee is the level of personal service they receive.

 

When an agency bases its business on charging rock bottom fees there’s no way they can attract the best level of staff because good people won’t work for low wages. The saying ‘if you pay peanuts you get monkeys’ springs to mind.

 

Remember selling your home is probably one of the single biggest transactions you will make in your life. You want to get the best possible price for your property. The difference between a quick sale and a good sale could be tens of thousands of pounds.

 

At Ashworths we’re not a ‘pile them high, sell them cheap’ agency but we do understand it’s a competitive market and we always aim to be competitive.

 

But one thing we never compromise on is our commitment to looking after your property needs as best we can.

 

Thanks for reading,

Maneesh

 

Want a SOLD sign outside your property quicker? Call us now on 01277 545 065 or email us at hello@ashworthsuk.com for honest, expert and friendly advice.

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