I often find it’s buyers looking under the £500,000 mark who contact me to do their search for a new home. Folk looking in the lower price ranges must surely experience the same difficulties and frustrations as those looking at £1M plus. Those who live a good distance away and don’t want to waste valuable time travelling a long distance to see a property that turns out to be totally unsuitable. Or those who are not familiar with the local market and who could do with a helping hand from someone really in touch with the local market. There is usually more on the market in the £350,000 – £550,000 price range – more to check out, more agents to speak to, a good deal more time spent. And more properties coming on the market too which need carefully assimilating, shortlisting. and viewing on your behalf too!
And it really doesn’t matter whether you are looking at £350,000 or £3,500,000, really the same work is required and I’m bound to say the same effort. And therefore I charge same fee regardless of price range you are searching in. Rather than charging a percentage of the purchase price I prefer to charge a flat fee of just £2,950 – no VAT applied, and this is not payable until a successful purchase is concluded. I would point out that a registration fee is levied too – at the outset of the process.
So rest assured I frequently work for those buyers looking for a property in the lower price ranges and regardless of price I charge the same flat fee – £2,950 with no VAT.