UK estate agents offer some of the lowest fees anywhere in the world, which means you pay less to move.
According to a new global study, just five countries out of the 29 featured in the analysis had lower agency commission than the UK.
GetAgent, the comparison website, used in-depth data from two property consultancies, the Global Property Guide and The Advisory.
The UK was only beaten by Singapore, the Netherlands, Ireland, Hong Kong and South Korea respectively.
Meanwhile, Mexico and South Africa were the highest with no less than 7.5% commission on the sale price of a home.
Australia was also high in the list with 5.7% in commission, ahead of the US on 5.5%.
Choosing the right estate agent for you
Paul Preen, Managing Director of Lang Town & Country, says: “One of the most important considerations for people selling their homes are the fees.
“When you choose an estate agent, you will be paying for a service, not a product.
“As with anything nowadays, good, great, extraordinary or premium service is slightly more expensive but is far better value overall.
“After all, how many times have you opted for the cheaper option, only to have to return and buy the quality option?
“As the saying goes, buy cheap, buy twice… Estate agents are no different; there are the good, the bad, the ugly and the remarkable.
“We are aware that your home is probably your largest asset, and it is our job to achieve the best possible price for your property.
“This is a responsibility that we, at Lang Town & Country, take most seriously.
“Our fee structure is flexible: we can either charge a percentage fee or a fixed fee. Either way, we are driven to achieve the highest price for you.”
What are the average fees for properties worldwide?
GetAgent’s worldwide study also looked at the average cost of selling the same-sized property.
Apartments were selected in city centres across each of the 29 countries. This was to see how the price of property impacted the absolute cost of agents.
Here in the UK, the average fee was £2,935, which pushed the country up the table to number 15. This is a very low figure considering the higher price of property in the UK.
Australia was found to be the most expensive place to sell a home. Here, the average 5.7% commission transforms into £10,866.
Elsewhere, the cost in Hong Kong is £9,908, with France at £8,562 and Singapore at £8,230.
A further 10 nations also came in more expensive than the UK: Japan, Canada, New Zealand, the US, Germany, Israel, Spain, China, Italy and South Africa respectively.
If you’re thinking of selling your property now or in the future, read our handy selling guide here.
Why should I choose Lang Town & Country?
We’re one of the longest-standing firms of independent estate agents in Plymouth
The firm is owned and run on a day-to-day basis by our Directors, who themselves have unrivalled knowledge in their local markets.
We take pride in the straight-talking advice we give, offering professional advice for the benefit of our client and not-for-profit margins, or targets closely associated with the estate agency industry.
We also offer:
- Competitive fee structure
- Zero-week contract
- Specialist sales progression department
- All viewings accompanied
- High-quality brochures with photography and floor plans
- No sale – No fee and no upfront costs
- Regular constructive feedback
- Licensed and qualified estate agents
- High-profile advertising on all major property websites
- Exclusive national marketing networks
- Friendly, honest and experienced local staff
- Discreet market appraisals in unbranded vehicles
How do I get in touch with Lang Town & Country?
Please do contact us and we’ll be more than happy to offer advice and a free valuation of your home.
Plymouth Sales – 01752 256000 / Property@langtownandcountry.com
Plymstock Sales – 01752 456000 / Plymstockoffice@langtownandcountry.com
Waterside Office – 01752 200909 / Waterside@langtownandcountry.com
Lettings – 01752 201010 / firstname.lastname@example.org
Land & New Homes – 01752 278499 / email@example.com
We’ve also put together a handy guide to moving during lockdown which should help answer any questions you may have.