Skip to main content Skip to footer

Why don't agents tell you over the phone what percentage they take on sale?

I am so fed up of the secrecy around agents charges, they hold you to ransom over that one detail, to get in your door and give you the hard sell. After using two terrible agents who shall remain nameless, and being promised all sorts, I’m fed up of being led down the garden path. They say there is a waiting list of potential buyers for my property, that it is sought after and properties like mine are achieving good prices etc etc etc. I wanted to find another agent who would be honest with me. Two agents have given me the hard sell, I have been under two contracts and both pester me to get me to reduce price. Both agents never returned phone calls, both agents did very little in my opinion to justify why they should get such a high fee at the end should my property have sold. I ask agents a simple question, what percentage do you take, they won't answer the question, so they prove in an instant they are untrustworthy and want to get in my property and give me yet another heap of spiel. I am sick of it, anyone else sick of this? Why do they do it? No wonder they get such a bad rep! Reduce price is about the only thing they can be bothered to say to you. Yet they value your property above and beyond what they know it will sell for. Where do you find an agent who takes a small percentage of 1% or less, and gives you good service with honesty thrown in?

Asked on Sep 6 2012, General in Manchester | Report content

Answers (1)

Was this question useful? Yes 1 No 0
  • And to add to the above before anyone asks the question, yes I have reduced price. I reduced the price with the first agent, and the second agent said I was at the right price and no need to adjust. But they asked me to reduce within 4 weeks of marketing. I have looked at sale prices for similar properties to mine and I am less than 10,000 over the lowest sale price in recent months. You surely have to be over what you wish to achieve if you are to allow a purchaser haggle the price down? My main gripe is that agents seem to give up bothering with your property once it hasn’t flown off their books within 6 weeks. You then run the risk of them not even bothering to send viewers simply because you haven’t done what you were told to do by them. I think it is ridiculous to reduce to one or two grand over what you will take, when buyers want to knock 15% off and silly offer like that. You have nowhere to go when you market at so little. Any advice would be appreciated, hopefully from honest agents.

    Answered on Sep 6 2012, Report content

Didn't find what you were looking for? Ask a question

More General in Manchester questions on AskMe

See more AskMe Q&A about General