Vendors are now paying up to 21% more in estate agency fees than five years ago but it’s not because agents...
Archive
![Cost of moving hits almost £52,000 – research](/upload/images/shutterstock_2225734503(1).jpg)
Homebuyers are spending an average of £51,784 to move home in the current market, although this climbs as high as £86,000...
12 June 2024
From: Breaking News
![Cost of moving drops but buyers still need £14,000 - research](/upload/images/Shutterstock-only%20images/Property%20Market/House_pound-400x310.png)
Falling Stamp Duty and survey fees have pushed down the cost of moving. Comparison website reallymoving analyses the cost of moving home...
04 October 2023
From: Breaking News
![Agency fees give Zoopla a financial boost](/upload/images/Shutterstock-only%20images/Property%20Market/Property-Value_400x310.png)
Higher agency fees and the end of pandemic support boosted Zoopla’s revenue in 2022. The portal’s annual accounts for the year to...
28 September 2023
From: Breaking News
![Agency fees makeup 81% of selling costs but is 'money well spent' - research](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
Agency fees account for 81% of upfront home selling costs on average, research suggests. Industry comparison website GetAgent has used its My...
14 September 2023
From: Breaking News
![Spectre hails success of fee recovery tool](/upload/images/shutterstock_1408234412.jpg)
Spectre has hailed the success of its recently launched fee recovery tool after helping an agent reclaim £7,000 in owed fees. Launched...
07 September 2023
From: Breaking News
![Upmarket agency network launches masterclass on boosting fees](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
Fine & Country has launched a new Masterclass Series focused on the art of maximising fees and boosting additional revenue. Set to...
07 September 2023
From: Breaking News
![House prices may be falling but it's getting more expensive to move - claim](/upload/images/Shutterstock-only%20images/Property%20Market/Property%20Budget.jpg)
Buyers are facing higher costs when moving home, research shows. Analysis by Barrows & Forrester found the costs associated with moving home,...
31 August 2023
From: Breaking News
![Agents urged to show their value by raising fees](/upload/images/Shutterstock-only%20images/Property%20Market/ManSavingMoney_400x310.png)
Agents are being urged to place more value on their work and to charge higher fees. Richard Palfreeman, advisor at training provider...
08 August 2023
From: Breaking News
![Agents sell record number of homes under the hammer](/upload/images/shutterstock_375747523.jpg)
Estate agents sold a record number of properties via auction between April and June, data from iamproperty suggests. The proptech firm’s latest...
21 July 2023
From: Breaking News
![Adam Day: ‘I’m to blame for low agency fees’](/upload/images/Shutterstock-only%20images/Property%20Market/Property%20Budget.jpg)
Self-employed agency network eXp UK’s Adam Day has admitted he shoulders some blame for low fees in the sector. Speaking on the...
02 June 2023
From: Breaking News
![Agents back Rightmove for leads but are concerned about fake contact](/upload/images/PropTech%20%26%20Online/AgentWebsiteMock-400x310.jpg)
Rightmove has been named as the most effective portal for driving leads but there is a sense of frustration about fake...
19 May 2023
From: Breaking News
![Agency fees are higher where qualifications are mandatory - claim](/upload/images/Shutterstock-only%20images/Property%20Market/Buy-to-let-3-400x310.png)
Mandatory regulations and qualifications could lead to higher fees for UK agents, a former industry executive claims. Former Fine & Country global...
26 April 2023
From: Breaking News
![Spectre unveils new software to chase lost agency fees](/upload/images/Shutterstock-only%20images/PropTech/PropertyFind1-400x310.png)
Agents are being offered a new tool to help them reclaim fees they are owed following a vendor’s withdrawal from the...
09 March 2023
From: Breaking News
![Reader poll: Will you raise your fees this year?](/upload/images/Shutterstock-only%20images/Rental%20Market/Estate_Agent1-400x310.png)
More than half of Estate Agent Today readers have indicated they will raise their fees this year. Several industry executives have suggested...
03 February 2023
From: Breaking News
![Agency boss: How I manage to charge 2% fees](/upload/images/Shutterstock-only%20images/Property%20Market/House_pound-400x310.png)
A Keller Williams agent has revealed how he gets clients to happily pay 2% and he is calling on others to...
11 January 2023
From: Breaking News
![Agents urged to increase fees in 2023](/upload/images/Shutterstock-only%20images/Seasonal%20Photos/2023HappyNY-400x310.png)
Agents should increase their fees in 2023 so the average reaches at least 2%, a senior industry executive claims. Adam Day, founder...
04 January 2023
From: Breaking News
![Agents urged to avoid rush to cut fees in challenging property market](/upload/images/Shutterstock-only%20images/Property%20Market/BritishPound-400x310.png)
Agents will need to articulate their worth in the new challenging property market but shouldn’t rush to drop fees, industry trainer...
28 December 2022
From: Breaking News
![Property Natter – interview with Zoopla’s Charlie Bryant](/upload/images/Site%20logos/PropertyNatter-2019-400x310.png)
Here at Angels Media towers, we’re always keen to get the biggest names in the business on board for interviews. And that...
03 December 2022
From: Features
![Portals rule out cost of living fee cuts for agents](/upload/images/Logos/ZooplaLogo2021-400x310.jpg)
The major property portals have ruled out cuts and discounts to agency fees amid the cost of living crunch. Estate agents, like...
02 December 2022
From: Breaking News
![Fee fights! Average agency commission is 1.4% - claim](/upload/images/Shutterstock-only%20images/Property%20Market/BalancingPercentages-400x310.png)
Estate agents are charging movers fees of 1.4% on average to sell their homes, new research claims. An article by consumer watchdog...
17 October 2022
From: Breaking News
![Zoopla launches editorial process review amid agency backlash](/upload/images/library/zoopla_new_logo400x310.png)
Zoopla has launched a review into its editorial processes after agents criticised a consumer guide published by the portal that encouraged...
05 September 2022
From: Breaking News
![Sellers 'snubbing' upfront agency fees](/upload/images/Housing%20Market%20%26%20Property%20Images/PropertyTransaction-400x310.jpg)
Homeowners may have become less willing to pay upfront fees to sell their home. Despite efforts by online-only brands such as Purplebricks...
19 May 2022
From: Breaking News
![Rightmove boss: ‘I have fantastic relationships with agents’](/upload/images/Logos/RightmoveNewLogo2016-400x310.jpg)
The outgoing chief executive of Rightmove has claimed he has a good relationship with the portal’s customers. It was announced this week...
11 May 2022
From: Breaking News
![Estate agency veteran joins fast sale firm](/upload/images/library/MergerAcquisition-1-400x310.jpg)
Estate agency veteran Robin Paterson has joined new ‘quick buy” service UPSTIX. Paterson, a former chief executive of Hamptons and managing director...
05 April 2022
From: Breaking News
![Zut alors! French entrepreneur aims to guillotine UK agency fees](/upload/images/Locations/MapofEurope-400x310.jpg)
A French billionaire who made his money from estate agency is promising to transform the UK property industry with his unique...
01 April 2022
From: Breaking News
![Agency service rebrands after legal threat from easyJet](/upload/images/Housing%20Market%20%26%20Property%20Images/Property-MagnifyingGlass--1-400x310.jpg)
A new company claiming to save money on buyers’ legal and estate agent fees has been forced to rebrand. Easyfees - launched...
14 February 2022
From: Breaking News
![Agency selling homes for free rolls out nationwide](/upload/images/Logos/Strike-Logo-400x310.jpg)
The online agency Strike - which has a business model selling homes for free and relying on referral fees for revenue...
29 December 2021
From: Breaking News
![Cost of moving soars for second year in a row](/upload/images/Housing%20Market%20%26%20Property%20Images/UK-Cash-NEW-400x310.jpg)
Research by price comparison service MoneySuperMarket has itemised the additional fees incurred by people moving home. This year’s 12 per cent rise...
21 October 2021
From: Breaking News
![Exclusive: Estate agents’ fees are least important issue for sellers](/img/default/eat.png)
A league table of the most important issues facing vendors places the scale of estate agents’ charges at the bottom - and this...
11 May 2021
From: Breaking News
![Make sellers pay stamp duty, senior industry figure suggests](/img/default/eat.png)
One of the most respected figures in the industry, trainer and consultant Richard Rawlings, is suggesting that stamp duty should be...
14 January 2021
From: Breaking News
![A rare shining light: property must be protected and allowed to flourish](/img/default/eat.png)
Watching the government’s surprise press conference a couple of weekends ago the message was clear; we were heading into a gruelling...
14 November 2020
From: Features
![Conveyancing and mortgage fees blamed for extra moving costs](/img/default/eat.png)
A survey says many people under-estimate the costs of moving with conveyancing and mortgage fees often higher than expected. Some 54 per cent of...
06 October 2020
From: Breaking News
![Autumn 2020 - seven things to watch](/img/default/eat.png)
It’s no surprise the mainstream news remains dominated by coronavirus - not so much the actual effect of it right now,...
05 September 2020
From: Features
![Agents ‘taught not to quote VAT on fees’ claims insurance firm](/img/default/eat.png)
An insurance firm claims estate agents are taught not to quote VAT in fees until the final bill. A statement from Admiral...
28 August 2020
From: Breaking News
![Trading Standards to probe house raffle problems](/img/default/eat.png)
Future complaints about property raffles by individual home owners seeking to avoid estate agency fees will in future be handled by...
28 February 2020
From: Breaking News
![Election 2019: what agents should expect from the main parties](/img/default/eat.png)
It’s on - although judging by the early lack of enthusiasm amongst the British public, you might be forgiven for thinking...
01 November 2019
From: Breaking News
![Purplebricks in Canada - is it the agency’s secret success story?](/img/default/eat.png)
Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the...
18 October 2019
From: Breaking News
![The public 'underestimate agency fees by almost £6,000' - claim](/img/default/eat.png)
A quick move company claims that the general public underestimate estate agents’ fees by around £6,000. A survey of 2,000 home owners...
20 September 2019
From: Breaking News
![Great news: Agents' charges fall despite higher cost of moving house](/img/default/eat.png)
The typical estate agency fee paid by a seller has actually fallen one per cent in the past year according to...
13 September 2019
From: Breaking News
![Modern method of auction - the online bidding process explained](/img/default/eat.png)
The modern method of auction is proving to revolutionise the way properties are bought and sold across the UK. By putting the...
26 June 2019
From: Features
![MyBid4It offers exclusivity benefits for Estate Agents…](/img/default/eat.png)
MyBid4It is an online auction platform which has been developed to partner with Estate Agents and revolutionise the way properties are...
26 June 2019
From: Sponsored Content
![UK agents given the thumbs up when it comes to value for money](/img/default/eat.png)
A recent survey conducted by comparison website GetAgent found that traditional high street agents have been given a firm thumbs up...
06 June 2019
From: Sponsored Content
![Website boss accuses agents of charging “vast” fees up to £7,000](/img/default/eat.png)
The head of a For Sale By Owner website claims that some agents are making “vast amounts” of up to £7,000...
01 February 2019
From: Breaking News
![Shock study claims agent reputation and fee ‘not very important to sellers’](/img/default/eat.png)
A survey of 6,000 members of the public and 660 estate and letting agents has revealed some striking findings about how...
17 January 2019
From: Breaking News
![Knock, Knock - new website says sellers can avoid agents’ fees](/img/default/eat.png)
A new website is offering to contact owners of homes that are not for sale, on behalf of people who would...
19 December 2018
From: Breaking News
![Fees Shock: Sole agency commission plunges 34% since 2011](/img/default/eat.png)
New research by TheAdvisory consultancy, shared exclusively with Estate Agent Today, reveals exactly how fees have fallen for traditional agents in...
22 October 2018
From: Breaking News
![Referral fees – why a ban won’t make services cheaper](/img/default/eat.png)
We are currently engaged in consultations with our members to help to find a practical solution to the concern of the...
21 July 2018
From: Features
![It’s not what you say, it’s the way that you say it](/img/default/eat.png)
‘Respect’ is the new mantra for politicians: whether it’s about street gang leaders, social media trolls or those on either side...
14 April 2018
From: Features
![Consultations - Why do so few participate?](/img/default/eat.png)
It’s no surprise that figures don’t always show the results or consequences we expect - even if they are entirely accurate. Look...
06 January 2018
From: Features
![Agents' fees have risen only four per cent in a decade](/img/default/eat.png)
A survey released this morning shows that estate agents’ fees have risen only four per cent in real terms since 2007...
15 December 2017
From: Breaking News
![Remind your clients: UK agency fees are competitive](/img/default/eat.png)
There’s much said in the mainstream press about estate agency fees and how costly they can be for consumers. But one point...
11 October 2017
From: Sponsored Content
![Cost of moving rises 6% in a year - that's mostly down to stamp duty](/img/default/eat.png)
The average cost of moving home in the UK has increased by £628 over the past year from £10,966 to £11,624...
15 September 2017
From: Breaking News
![Why we’re absorbing tenant fees until a decision is made](/img/default/eat.png)
In November 2016 when the Autumn Statement was delivered by Chancellor Philip Hammond, the announcement was made to ban letting agent...
20 May 2017
From: Features
!['Quick buy' company cleared of breaching advertising code](/img/default/eat.png)
The Advertising Standards Authority has given the green light to an circular which provoked complaints suggesting it deliberately did not appear...
05 April 2017
From: Breaking News
![Vendor 'makes £67,500' by using traditional estate agent](/img/default/eat.png)
A high street agency has turned the online sector’s advertising technique on its head. Instead of a seller revealing ‘saved’ fees by...
31 January 2017
From: Breaking News
![Purplebricks recruits TV property star for 'Commisery' campaign](/img/default/eat.png)
The average fee paid by sellers to high street estate agents in the past year is £4,055 claims Purplebricks - an...
17 January 2017
From: Breaking News
![What next for the rental market in 2017?](/img/default/eat.png)
The rental market has had to face a raft of changes over the past year, including the introduction of the 3% stamp...
14 January 2017
From: Features
![Are landlords about to ditch letting agents and go it alone?](/img/default/eat.png)
Next year is likely to be a challenging time for letting agents, following a raft of changes introduced by the government...
09 December 2016
From: Features
![The fees ban will force agents to seize the day](/img/default/eat.png)
Carpe diem, seize the day – whatever you call it, it’s something all of us in the property industry should be looking...
09 December 2016
From: Features
![After stamp duty and agents’ fees, it’s time to seize the initiative](/img/default/eat.png)
Let me set out my stall from the beginning. Firstly with two buy to lets managed by an agency, I understand and...
03 December 2016
From: Features
![Estate agents' fees up 26% in a decade - claim](/img/default/eat.png)
The average cost of moving house now is £10,996 after an alleged 26 per cent rise in typical estate agency fees...
07 November 2016
From: Breaking News
![Online firm resuscitates argument over traditional agents' fees](/img/default/eat.png)
In the first half of this year, vendors in England, Wales and Northern Ireland, could have saved over £1.87 billion in...
11 October 2016
From: Breaking News
![Estate agency fees contribute to higher average moving costs, says Lloyds](/img/default/eat.png)
Rising estate agency fees account for more almost half of the increase in average moving costs in the past year, according...
20 September 2016
From: Breaking News
![New website for clients to register details with local agents](/img/default/eat.png)
A new website has launched with the aim of providing vendors, landlords, buyers and tenants with an easy way of registering...
15 September 2016
From: Breaking News
![Online agency's £1m investment includes cash from Silicon Valley firm](/img/default/eat.png)
Settled, which was set up in 2015 and earlier this year announced it was hunting for an additional £1m in funding,...
18 July 2016
From: Breaking News
![London mayoral election: A referendum on housing](/img/default/eat.png)
The race to replace London Mayor Boris Johnson has entered its final few days, and like never before, housing is the...
29 April 2016
From: Features
![Attack on agents lining the pockets of their designer suits with high fees](/img/default/eat.png)
Publicity-conscious online estate agency eMoov claims vendors in London have spent £861.5m on traditional estate agents’ fees in 2015. eMoov accuses agents...
11 January 2016
From: Breaking News
![Sarah Beeny says Tepilo turnover will top £10m in 2016](/img/default/eat.png)
Sarah Beeny says Tepilo has seen a 400 per cent increase in turnover and aims to exceed £10m in turnover next...
11 December 2015
From: Breaking News
![Traditional agents have been online for years](/img/default/eat.png)
It’s interesting to read of plans to debate which business plan really is best for the customer, online or traditional estate...