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Costs involved in selling a house through an Estate Agent?

Could someone please give me an idea of the costs involved in selling a £400,000 house through an Estate Agent? It is the only home that I own.

Asked on Oct 5 2010, General in Orpington | Report content

Answers (1)

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  • A typical High Street agent will work on a no sale no fee basis for somewhere between 1.5% and 2% of the sale price plus VAT, so this will work out at between £7050 & 9400. You may consider a virtual agent who doesn't have a high street office, but works in a similar way, this will cost 0.5%, some will want an up front costs for marketing. Or there are ones who are just online for a few hundred pounds or less. Remember the better your houses is marketed the better the price you will achieve in a speedier time frame, which is very very important when prices are falling, as literally tens of thousands will be wiped off the value very quickly. If you need further advice drop me a line

    Answered on Oct 5 2010, Report content

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