13th February 2018

Remind me again, what do estate agents actually do for their money?

Category: Selling


Tags: ESTATE AGENT, FEE

“Oh you’re an Estate Agent”… cue that funny expression that sits perfectly between disdain and curiosity every time I meet someone new and answer the question: “So what do you do?”

 

We as a nation, are generally private people, house proud and totally and utterly obsessed with buying and selling property.

It’s a little known fact that most Estate Agents (at least the ones I know) absolutely love their job.  Principally because we hold the very unique privilege of being invited into people’s homes to see a snippet of their lives and how they live.

Property is a constant topic of conversation, recently we’ve seen Interest Rate Rises and changes to Stamp Duty Legislation – there is always something in the national press.

With so much commentary on the topic and the wealth of available knowledge online, one could easily be forgiven for thinking that selling your home is an easy thing to do.  All Estate Agents have heard the phrase, “I’m not on the market but my house will sell really quickly” or “to sell my home surely you just pop it on Rightmove?”

However, there’s a lot more to it than you first might think. Read on to find out more…

 

What does my estate agent’s fee pay for?

The first meeting with your local Estate Agent is likely to be at the initial valuation appointment.  Whilst you don’t pay anything for a valuation of your home, we’ve already started work, researching similar sales in your road and starting to get a picture of its value before we visit.

Online only agents aside, when you’ve decided which Estate Agent to instruct, there is nothing to pay upfront; a fee is only payable once your property is successfully sold.

Because our fee is charged at the end of the transaction and is proportional to the value we achieve, we are highly motivated to secure you (the seller) the highest possible price for your property.

Here is a breakdown of what the final fee pays for when you instruct Curchods:

 

Our Fee

Key

What do you get for our fee?

Once a sale has been agreed, it’s rare that everything is problem free, we’d be lying if we said that it did, but this is where we as the experts, come in to smooth things over:

  • Survey says the property you’re buying needs a new roof – lets talk.
  • Can’t find a removal company you’re happy with – leave it to us.
  • Going on holiday when your solicitor needs you to look at paperwork – we can help.

 

I’ve lost count of the hours I’ve spent on the telephone to pull everything together for our clients, talking to all parties involved so everyone is happy in the end, but this is what we are here to do and what every good Estate Agent should offer.

 

If you’ve read this far, will you do me this one tiny favour?

When you next meet someone for the first time and they tell you that they are an Estate Agent, before you pull that face just remember:

  1. We love what we do.
  2. We’ll do everything in our power to make your dreams come true – there really isn’t anything better than ringing someone up to say that their offer has been accepted.
  3. We don’t have magic wands – but you will believe that we do, when we give you the keys to your dream home!

 

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What Curchods can do for you

No Sale, No Fee

Our cutting edge marketing package includes professional photography and floorplans to present your property at its very best. There’s nothing to pay upfront, so you won’t pay us a penny until we’ve successfully sold your property.

Maximum Exposure For Your Home

We are one of the few agents to advertise on all the UK’s leading property websites including Rightmove, Zoopla, Primelocation and OnTheMarket, so you can be confident of having your home in front of thousands of buyers.

Our People

Over the 80 years we’ve grown from a single office to be the largest independent estate agent in the south of england. Our friendly yet professional guidance and advice, will give you a smoother and more enjoyable experience of moving home.

24/7 Access to Your Sale

Our website gives you instant access to information about your property sale, including updates, contract documents and correspondence and easy access to your property listing.

Tell Us What You Are Looking For

Not every property we have for sale is listed on our website - we arrange many sales before they ever appear online, exclusively to buyers registered on our database. Registering with us will give you the best chance of finding your dream home. stats

Advice From the Experts

We have ten mortgage advisers with over 100 years experience within the industry who can advise and find the right mortgage for your needs. We can also recommend qualified surveyors, solicitors and additional services to help at every stage of your purchase.

Selling Your Existing Home

If you have a property to sell, we recommend you find a buyer for your existing property before starting your search. Early preparation is key to a successful sale - we can help you establish its market value and find you a buyer.

24/7 Access to Your Search

Our website gives you instant access to information about your property search, including shortlisted properties and once you’ve had an offer accepted, updates and all correspondence.

Licenced & Regulated

We are members of ARLA Propertymark, the UK’s foremost professional body for letting agents which means we are required to operate in a transparent way, providing services which are subject to independent scrutiny, giving you peace of mind at all times.

No Let, No Fee

Our cutting edge marketing package includes professional photography and floorplans to present your property at its very best. There’s nothing to pay upfront for this service, so you won’t pay us a penny until we’ve successfully found a tenant your property.

Your Property in Safe hands

One of our locally based in-house property managers will take care of rent collection, maintenance and property inspections on your behalf. We are also one of the few letting agents that include Legal Eviction Expenses cover and Rent Recovery Protection in our standard fees.

24/7 Access to Your Portfolio

Our website gives you instant access to information about your property portfolio, including status updates on your letting, financial overview and statements, contract documents and easy access to your property listing.

Dedicated Local Point of Contact

Our experienced property management team based in branch, are readily available to respond to your enquiries, maintenance issues and any emergencies. We respond quickly and professionally providing guidance and advice throughout your tenancy.

Tell Us What You Are Looking For

Not every property we have to let is listed on our website - we arrange many tenancies before they ever appear online, exclusively to people registered on our database. Registering with us will give you the best chance of finding your dream home.

Licenced & Regulated

We are members of ARLA Propertymark, the UK’s foremost professional body for letting agents which means we are required to operate in a transparent way, providing services which are subject to independent scrutiny, giving you peace of mind at all times.

24/7 Access to Your Search

Our website gives you instant access to information about your rental search, including shortlisted properties and once you’ve had an offer accepted, updates on your Tenancy Application, rent payments, maintenance and all correspondence.

Buyers
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“Rupert and the other members of staff at the New Malden branch were always very helpful and friendly. Rupert always kept us informed and up to date and nothing was never too much to ask. Would highly recommend.”

Keely Stratford

10/7/2020

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