Estate agents fees (selling)?

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Mollie the cat
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Estate agents fees (selling)?

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Post by Mollie the cat »

Has anyone used any estate agents lately? We are thinking of selling and moving back to the UK. We have lost touch, do they all charge the same for selling, are there ones to be trusted better than others? Isn't there a new selling fee the government are charging?

Feel free to PM me if you can share any information, thank you.

war horse
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Re: Estate agents fees (selling)?

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Post by war horse »

Sent you a private msg

Mollie the cat
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Re: Estate agents fees (selling)?

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Post by Mollie the cat »

Good morning warhorse, I cannot see your private message sorry, unless I am looking in the wrong place.

war horse
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Re: Estate agents fees (selling)?

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Post by war horse »

Don't know what l did, but have sent you an email instead

RAZR63
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Re: Estate agents fees (selling)?

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Post by RAZR63 »

war horse wrote:
Fri 23 Feb 2024 9:18 pm
Sent you a private msg
why so secretive? i am sure we would all like to know? ($$)

Robert157
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Re: Estate agents fees (selling)?

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Post by Robert157 »

Be aware, basic charge is 5%, but what a lot do is ask you what you are happy with to sell it,say £200k , they then try and sell it for more ie £240k and keep the £40k give you £200k.
Try and sell it yourself on one of the north Cyprus Facebook groups . It’s a lot easier than you think .

war horse
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Post by war horse »

From what l found selling fees vary depending on what agen you use? Was quoted upto 7% sole agency? We are using Royal Estate and negotiate our fee and we are very happy with them. Markets is awful at the moment, so it's just wait and see?

Lady Muck
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Re: Estate agents fees (selling)?

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Post by Lady Muck »

Azant Real Estates Agency, professional at all times, we sold our property through them an they were brilliant from start to finish. Highly recommend

Mollie the cat
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Post by Mollie the cat »

Thanks everybody, its a minefield out there!

Reyntj
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Re: Estate agents fees (selling)?

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Post by Reyntj »

Many offered me 5 including kdv . Check if kdv is included or on top.

I thought 5 % was the legal limit for resale . Having said that there are so many unregistered agents it's no wonder many disregard the law . If that is actually true.

Coldwell banker agent asked for 10 % said they had to pay off shore agent and it would be more easy to sell...I declined ....

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MnM
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Re: Estate agents fees (selling)?

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Post by MnM »

We were charged 5% last year. Considering there was a buyer waiting in the wings and the house was practically sold virtually before it went to market, it was an absolute rip off. Add the 12% PPT into the equation IF we buy again and it does beg the question, is it really worth reinvesting?

davedee
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Post by davedee »

We sold with Azant 4% brilliant , did not even use solicitor , they handled it all, highly recommend.

marlowe78
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Post by marlowe78 »

Is there just the estate agency fees when selling or there any other charges payable. In addition, are villas in demand or is the market dead?

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Keithcaley
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Re: Estate agents fees (selling)?

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Post by Keithcaley »

marlowe78 wrote:
Thu 29 Feb 2024 4:35 pm
Is there just the estate agency fees when selling or there any other charges payable. In addition, are villas in demand or is the market dead?

You could have a look at this thread in the Property Sales section of the Forum, among others.

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