Watson Property

Agents charge a Sales Commission Fee (for the successful sale of your property) expressed either as a percentage (%) of the Sale Price Achieved or a Fixed Fee. They also may charge a Marketing Fee, which covers items such as Advertising (both online and local press), Professional Photography, For Sale or To Let signs, Brochure and Plan production.

All Fees may be subject to VAT so for the avoidance of doubt ALL FEES quoted EXCLUDE VAT so they are like for like comparisons.

Example: £140,000 sale price quoted at 1.5% is £2100.00 excluding VAT. With VAT added, the total cost would be £2520.00 (VAT quoted at 20%)

Agents charge a Letting (Tenant Finding) Commission or Fee for the successful letting of your property expressed either as a percentage (%) of the Annual Rent Achieved or a Fixed Fee. Sometimes they will charge the first months rent as a fee.

They also may charge a Marketing Fee, which covers items such as Advertising (both online and local press), Professional Photography, To Let signs, Brochure and Plan production.

If the Agent offers Management Services, they will indicate this and provide a more tailored bespoke quote for you depending on what services you require. We ask all agents that offer management services to provide you with a basic quote.

All Fees may be subject to VAT so for the avoidance of doubt ALL FEES quoted EXCLUDE VAT so they are like for like comparisons.

Example: A £500 per month rental property, with an Annual Rental of £6000 will quote as follows:

10% AR (meaning 10% of Annual Rent = £600)

£495 (meaning a Fixed Fee of £495)

FMR (meaning the First Months Rent is taken as the letting fee. This will be 1/12th of the Annual Rent, in this example = £500 )

Don’t forget to add VAT onto your costs at current rate of 20%

Please note - An agent cannot increase the fee quoted unless you agree OR the approximate value of your property is outside the range of values you selected when requesting a quote.

When you meet the agent don’t forget to ask lots of questions and remember, cheapest may not be best. You will want an agent you can be confident with, who can demonstrate sales in your area, or if it’s a new company, one that can show you how their strategy is going to bring the result you want. Service is also very important. Don’t forget to check out the Agents Contracts area so you know what type you are signing.

1. Start Clock! All Agents who have indicated their fees below have 72 hours to send you an additional revised quote. You will receive this notification in the form of an email from cucompare. Relax - it’s worthwhile doing nothing... yet! You can of course request a valuation and connect immediately with your preferred agent if you already like what you see!

2. Times up! Review all your quotes! Don’t forget to check your revised quotes!

3. Once you are happy to proceed you can click 'Connect' for the agents who have impressed you the most. This will send them a valuation request and they will get in touch with you.

(Through steps 1 and 2 your personal contact details are kept confidential. Please note that your personal contact details will be sent at step 3 to the selected agents you have connected with, who will contact you and arrange a valuation. We advise you connect with no more than 3 or 4 agents but there is no limit).

4. You've met the agents and you've decided who you are going with. Just click “instruct” on your dashboard and we will do the rest. We will even let the unsuccessful agents down so you don't have to. You can of course instruct the agent directly if you prefer.

When you “Connect” the property status will change to “Valuation Requested”. All agents selected will contact you to arrange a more accurate valuation of your property and discuss the best marketing strategy for you. They will also confirm fees and services quoted. This service is free and without obligation.