The average estate agency’s sales commission is 1.2%
But there's a pretty broad range between different regions. Agents in five postcodes manage to bag fees in excess of £30,000 per property sale
Estate agents’ average commission fee rises to 1.5%
Agents in Kensington & Chelsea tend to charge a higher percentage than anywhere else in the country (2.32%) and earn the highest commission amount per sale (£32,430).
By PrimeResi
London lettings agency says its partnership with Airbnb is ‘the beginning of the new age of estate agency’
Portico is the first mainstream UK lettings agency to join Airbnb’s professional co-host scheme
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Ex-Dexters & Hanover director launches boutique estate agency
Jeremy Rosenblatt, a former Director at Dexters and Hanover Residential, has set up his own boutique estate agency business in North West London.
By PrimeResi
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UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
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Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
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New boutique agency eyes SW London expansion
Beaufort Green was launched last year by former Dexters sales director Charlie Ince-Green.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
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Knight Frank downgrades PCL house price growth forecast
'Needs-based' housing markets are likely to see prices rise faster than previously thought, but Knight Frank has cut its near-term forecast for Prime Central London 'due to the fact the political backdrop…
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