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Estate Agents Commission Rates Explained
Most sellers are unaware of the different commission rates that clacton-on-sea estate agents will charge to sell your property. It is a fact that not all clacton-on-sea estate agencies charge the same rates and there’s a good reason for this so don’t make your decision on price alone.

Some clacton-on-sea agents may quote standard rates but upon appraising the property, may determine that the property may be more difficult to sell than usual because it’s in a bad area or in a poor state of repair warranting more effort on marketing costs and effort. Conversely, some agents may quote a lower than normal rate if they think that they can move your property easily and quickly.

Some clacton-on-sea estate agents may not have the overheads of larger firms who have made high levels of investment in high street offices, top-level staff training, sophisticated computer systems and professional marketing materials and resources.

That’s not to say that cut-price commission rates will deliver cut-down levels of customer service and professionalism because you can sometimes experience inadequacies when dealing with bigger chain firms too.

Cut price clacton-on-sea estate agents usually require a higher turnover of stock in order to survive and they are therefore less likely to be concerned about securing the best price for their clients. The net amount of the post-sale proceeds in your pocket is surely more important than the percentage fee your clacton-on-sea estate agent charged in commission.

How long will the whole legal process take ?
This is our most frequently asked question and sadly, there is no easy answer as it depends on so many factors. The most straightforward kind of sale is of an empty property to a cash buyer. This would probably take about 6 weeks to complete (from instruction to when the property legally changes hands). If the buyer needs a mortgage, this could add a couple of weeks to the process. If the seller is also buying a property, this could add another couple of weeks and perhaps even longer if there is a larger chain of connected sales. Further time delays could result from missing documentation, slow clacton-on-sea solicitors and slow buyers and sellers. An average completion time is about 10 weeks.

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