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Estate Agents - to cut fees, or increase them? Estate Agents - to cut fees, or increase them?
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  #11 (permalink)  
Old 09-15-2008, 10:59 AM
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Quote:
Originally Posted by edstoner View Post
as it is growing considerably
Is it? There's lots of start-up sites with catchy names, but is there any proof that they're actually succeeding in selling, or that their business is growing?
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Old 09-16-2008, 05:54 PM
Rob Rob is offline
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Ive seen a lot of agents starting up do £700+vat for any property and there still doing really well and a lot of the hope charge your normal 1.5-1.75% are shuting branchs. But on £700 how long can they last?
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Old 09-18-2008, 12:30 AM
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I have to agree with googler!!! I work in the estate agency industry selling both property and mortgages.

On the estate industry side as I am self employed, I have been forced to raise the fee I charge due to the market. Other popular agents are following us.
I never loose a listing due to fee ever!!!! The only reason I would loose a listing is from a fellow agent over valuing!!! Something I would never do! They normaly end up coming back to me in the end.

So I would say! To keep the your business alive!!! Raising the prices is the answer! As long as your service and selling price matches what you charge! Whats the problem!!!?????!!!!
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