Estate agents - NOT a legal requirement!

DIY Guy · 16-07-2007, 08:59

Right, well despite what you may have heard or been told, Estate agents are a fast dying breed as there is absolutely NO legal requirement for them at all in the purchase or sale of a property.

All you need is a good solicitor (Preferably both parties using the same company) and everything goes so much quicker.

Especially as they charge these nutty rates of around 3%

So what have you heard or been told about estate agents and there requirement in any sales / purchases?

ajwt2 · 09-09-2007, 19:08

there are plenty of online estate agents now who charge maybe £50-£100 for listing your home on their site. Other than that they dont get involved.

Of course the main issue is that if you dont market your house effectively you wont get such decent offers, I hate to say it but estate agents may well earn their 3% by managing to sell your house for that little bit more.