Estate Agents and Fees - My Story | Glasgow Chamber of Commerce
Manor Estate Agents.jpg
Share the news...

Estate Agents and Fees - My Story

In 2015 I had to sell my home following a separation. I was pregnant, had a three year old and my two gorgeous but greedy beagles. I returned to work when little one was 6 months old. Over the following 18 months I lost my father sadly to dementia, moved home, had a little health scare, my beautiful beagle bracken died aged fifteen, got divorced and I was working 60 hour weeks. I was then made redundant. 

I reflected on all that happened and what struck me most was the impact the sale of the family home had on me. There were a number of issues: 

  • The home report came in at 45k underneath the agent's valuation.
  • I was told there was a buyer ready. They vanished.
  • I got an offer that was 30k less than the home report value and told 'this is good, you may find if you don't take it you won't sell'.
  • Eventually I sold for 8k less than the lower valuation.
  • They did nothing to source vendors and told me if you don't sell now you could wait another year.
  • I sold. I was charged £395 + VAT UPFRONT to market and on completion £3300 as commission. 

However I feel that for the work that was done almost £4000 in fees was not reflective. I told them this and they said well that’s the bill. 

So I set up a business that puts myself on others shoes. And why I am so against commission. Paying more for a service because the house is bigger is ridiculous. The actual service doesn’t differ. 

I now support all sorts of clients going through different stages of their lives; excitement of first time buyers, anticipation of couples moving on, landlords expanding their empires, downsizing, executors and everything and anything in between. The difference is I charge the same but the personal touch is different for everyone. 

I am now 40, with children aged 7 and 3, a dog at 9 and my own business which has my stamp on it.

You can do anything with the right attitude.

Lessons are there to teach us.

Learn, embrace, and go for it.

 

Our Partners

© Copyright 2017 Glasgow Chamber of Commerce. All Rights Reserved.
Glasgow Chamber of Commerce is British Chamber of Commerce Accredited.
Website by Beam Digital and Design. SEO by Boyd Digital