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Selling a home can cost you thousands of pounds in commissions and fees.

02nd September 2020

Selling a home can cost you thousands of pounds in commissions and fees.

On average, estate agents charge between 0.75% and 3% of the final price when you sell a home. That means they are taking in around £2,000 to £3,000 per average UK sale, and
sometimes much more than that amount.

It’s hard to argue that some estate agent fees are fair – with the standard commission-based model seeing high street house sellers make three times as much selling an expensive home as an affordable one despite doing relatively the same work.

It does cost money to list a property on sites like On The Market, Zoopla and Rightmove, then you need to take pictures and videos, someone to measure the flat and make floorplans
as well as write a description of the property.

And all of that is before the time it takes to have someone provide assisted viewings around your home and negotiate or manage a sale on your behalf after an offer comes in.

All of that does cost money, time and often a lot of expertise.

As an online agent, with no expensive high street branches to maintain, generally because of greedy commercial landlords, ‘Target Property Services NE’ can substantially reduce the
selling fees that you have to make.

Buying and selling is already one of the three most stressful things you can do. It’s right up there with bereavement and relationship breakdown for fun and excitement! What you really need at a time like this, is someone who can guide you through the pitfalls and constantly update you on all aspects of your sale.

Also don’t be fooled by the ‘highest price’ estate agents either! They’re the ones who will quote the best price during valuation, then either reduce it very quickly or hold out for a much
better commission for themselves. And because of the stress involved, wouldn’t it be better to achieve the true market value sooner rather than later.

Finally, do make sure you check that there are no hidden costs associated with the agent you choose, and shop around to get the best deals on other services on offer.

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Joe has provided a 5 star service. My mum’s rental property has stood vacant for some time as she has had an extended stay in hospital. He met me at the property within days of making contact, and found us a tenant within 3 days! He even treated the weeds, fixed a broken window and sorted out the safety checks for me. It took all of the pressure off and was a very friendly and professional service. I would highly recommend!

- Rachael