What Is the Going Rate for Estate Agents Fees?

Answer

The vast majority of estate agents currently charge a percentage of the sale price which is somewhere between one per cent and two per cent. However, how much one pays for an agent's service depends mainly on whether he chooses to entrust the sale to one agent or extend it among several.
1 Additional Answer
Most estate agents will want to charge you 2 to 2.5% VAT for an agency contract but it is advisable to stick to the 1% VAT rate. For property of £500,000 you should pay them a percentage of 0.75% + VAT. Before you see an estate agent, make a presentation of your home for valuation by the estate agent.
Q&A Related to "What Is the Going Rate for Estate Agents Fees"
According to MSN Money, national averages for real estate commissions have fallen from 6 percent to 5.1 as of May 2011. Consequently, in the case of a home sale of a normal single-family
http://www.ehow.com/info_8541955_reasonable-fee-re...
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http://www.quora.com/Apartment-Rentals/Why-do-peop...
The selling agent represents the buyer (he/she sells the house)The advantage in working with a selling agent is that they have buyers. One of those buyers may be interested in buying
http://wiki.answers.com/Q/What_is_a_sellers_agent_...
I believed when I lived in Florida, buyers and sellers shared the cost of real estate professional fees (each paid their own agent). In Georgia, it is customary today for Sellers
http://www.trulia.com/voices/Home_Buying/What_is_t...
Explore this Topic
Real estate agent fees vary from one market to another. According to active estate agents in the central Ohio area, as of January 2010, the average rate was 6 ...
Real estate agent fees vary from one market to another. According to active estate agents in the central Ohio area, as of January 2010, the average rate was 6 ...
Normally the fees of estate agents range in between £400 and £1,000. Estate agents who handle commercial property charge between 7% to 10% of first ...
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