4 Quick Tips To Negotiate The Fees With Your Estate Agents In E10 - PowerPoint PPT Presentation

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4 Quick Tips To Negotiate The Fees With Your Estate Agents In E10

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Title: 4 Quick Tips To Negotiate The Fees With Your Estate Agents In E10


1
4 Quick Tips To Negotiate The Fees With Your
Estate Agents In E10
Presented By Central Estate Agents
2
Introduction
Both buying and selling a property is no doubt a
daunting job, and one who can help you with both
is an estate agent. Having adequate knowledge
about the real estate market they can help to
make the process of buying and selling smooth.
But if you are afraid to approach them because of
the high price charged by them, have a look at
the slides that follow.
3
Points To Keep In Mind
  • Not every established broker having a good
    share of the real estate market offer the best
    deal.
  • Have a face-to-face chat with numerous brokers,
    since it is hard for you to negotiate the fees
    with someone you feel uncomfortable.
  • Stay away from brokers having small prints in
    their terms of business as it may cause
    additional cost.

4
How To Prepare For The Negotiation
  • Most of the Estate Agents in E10 charges an
    approx fee of 2 VAT. You can negotiate the fee
    to around 1.
  • For a property priced at 500,000, you can
    bring down the price to around 0.75 VAT.
  • Sellers can present their house well and quote
    a realistic selling price, as brokers find
    selling such properties easy.

5
Tips To Perform The Negotiation Efficiently
  • Keep your nerve and stay strong about your
    position while negotiating. Never leave this
    discussion for the end when the focus of the
    broker is on the commission.
  • After they declare the fee, feel surprised and
    shake your head as if you are disapproving. See
    their reaction and accordingly start your
    negotiation.

6
Exceptions To Negotiation
  • Brokers working professionally are hard to
    negotiate with, as compared to independent small
    brokers.
  • Professional brokers following strict policies
    have fixed commission level which clients have to
    adhere by.

7
Why Negotiating Is Profitable?
Studies have shown a little negotiation can help
a great deal in bringing down the price
considerably. Not only do you need estate agents,
but they also need you equally. Though their fees
might be a bit piled up, the few tips stated
above can help you to save much!
8
Central Estate Agents 179 Hoe Street London E17
3AP Sales 0208 520 0033 Lettings 0208 520
0077 Email enquiries_at_central-estates.co.uk Websit
e http//www.central-estates.co.uk
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