Just wondered if anyone knew about this kind of thing?
My sister has had three estate agents to look at my mother’s house.
Belvoir say put the house for sale at £250,000 and they take a fee of £1750+VAT.
Purple Bricks say advertise at £300,000 hoping to get £285,000. £1200 in fees.
Connells say £225,000 but do online auction to get £240,000, buyer pays 1.5% fee.
No chain on the house ( my mother has gone into a care home) although it needs a lot of minor works. We need a relatively quick although not urgent sale. My sister, brother and I part own the house with my mother so the more it goes for the more we get although if it doesn’t sell quickly we’d end up subsidising care home fees until it did as her savings run out in a few months.
As I’ve not sold a house for 24 years the options are a bit lost on me. The things that concern me are that Purple Bricks seem overly optimistic and it might not sell quickly enough. The idea of an online auction seems worrying as we might end up selling it low.
That leaves Connells which is the highest fee although in the scheme of things that’s a bit of a drop in the ocean.
In practice we need the estate agents to do a good job including showing people around as none of us are local or have much time to do anything.
Sleep. That’s where I’m a Viking.