“This is why i wouldn't use EXP to sell me house in 2023...”
1 Star Review
Feb 12,2023
By:
'Honest Joe'
Feb 12,2023
Branch: London, 1 Northumberland Avenue,Trafalgar Square
Services: Sales (Prospective customer)
Sold price: £200000
Would you recommend?: No
Postcode: M1
Branch: London, 1 Northumberland Avenue,Trafalgar Square
Sales (Prospective customer)
Sold price: £200000
Postcode: M1
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people found
this helpful
If your thinking of selling and looking to find save money on your estate agent fees then this is one firm i would avoid.
Adam Day, the founder of UK exp has publicity told his team to increase their fees to achieve 2% or more. double what the industry standard charges!
This would mean a typical £200,000 house would command at least £4000. £4,800 if VAT has still to be added
We are living in a poverty crisis, interest rates at their highest in a decade and he is doubling his agents fees.
Estate agents haven't had it so good. Long gone are the days when a negotiator had to work for their money. Rightmove does if all for them.
There are however good agents and bad agents out there In general, be wary of agents who overvalue only to then tell you later to drop the price. This is a well known trick carried out by unscrupulous agents only to get you signed up
Do your research on the people. Read reviews and ask friends for recommendations. But above all don't pay silly agent fees. Completely unnecessary and just greed.
There are also fixed price agents out there like Purplebricks. Its the same service you get no matter what value your property is. Fixed price fees in my view is the way forward.
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