If I were selling I would not settle for next or near 1.5%. Under 1% would be more appropriate. However, the real question is what did you agree with the aucytioneer at the outset and was anything in writing.
To clarify, I got nothing in writing whatsoever from my autioneer. I spoke to a friend today who used this auctioneer before also. In that transaction the auctioneer deducted his fee from the booking fee and forwarded the balance to my friend's solicitor. In my case there was no booking fee, just "DO what the council says and you'll get paid", I was told. I've my lesson learned.
In my opinion Auctioneers are invariably an overpaid waste of space!
I understand that some people don't want any hassle and are happy with the service they receive... However, in the flying off the shelf days of the past - I think that the fees were too high for what they do...
What sidzer said was that he was told by the EA that the house was worth 80k, maybe 110… so he stuck a 10 euro ad in the paper and watched it sell itself. There’s no arguing that it took anymore because it didn’t, and he didn’t have to fork out 1.5% to hire anyone who’d lead him to believe it was taking anymore effort than that.For what we do is generally more than stick a 10 ad in the paper and watch it sell itself.
.... are you kidding me? Why should I take any rough? My gaff is up for 425,000 so at 1.5% = just under 6.5k.You take the rough with the smooth.
He said he put a €10 ad in the paper and asked for €120k and bobs your uncle, someone kindly offered it and he accepted it, and thats all it takes to move a property.What sidzer said was that he was told by the EA that the house was worth 80k, maybe 110… so he stuck a 10 euro ad in the paper and watched it sell itself. There’s no arguing that it took anymore because it didn’t, and he didn’t have to fork out 1.5% to hire anyone who’d lead him to believe it was taking anymore effort than that.
Don't know who your getting at here are you saying private sellers are doing this or agents? You do realise that there is alternatives to daft and myhome when it comes to selling a property.If I didn’t have to get back to work I’d have a quick look on daft and post a few of the many links to properties that have a one line description, single photo that someone took with a mobile phone and a finger-in-the-air-price just to demonstrate how in plenty of instances, it had better sell itself.
.... are you kidding me? Why should I take any rough? My gaff is up for 425,000 so at 1.5% = just under 6.5k.
Afraid there’ll be no rough coming my way if I’m paying someone 6.5k to do what sidzer did for a tenner and his time
I would suggest this approach for anyone who was promised smooth and delivered rough
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