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Property Broker Frequently Asked Questions

Can I use Property Broker as well as an estate agent?

Yes. As Property Broker is not an agent there is no conflict with any sole or multiple agency agreement you may have. When you find a buyer through Property Broker you will not have to pay commission to your agent.

 

Is it true that Property Broker charges no commission?

Yes. Property Broker charges NO commission. A one-off fee includes Internet advertising, a 'FOR SALE' board and photography. We come to you to take photographs within the M25, outside this area we can scan your own pictures.


Does commission really add up to that much?

Yes. According to statistics published by the Land Registry, 39,409 homes were bought and sold in Greater London during the third quarter of 1999, at an average price of £155,662. Estate agents typically charge 2% plus VAT, therefore an 'average' home incurs a charge of £3,658. This represents a total spent by Londoners on commission and VAT of £48 million every month.


Surely this doesn't amount to too much in comparison with the overall property value?

It does, especially when you consider that most people have a mortgage and their actual equity is much less than the property value. The money you save by not using an estate agent is yours to keep tax free. It could easily be enough to buy new carpets or even a new kitchen for your next home.


Can I really manage without an estate agent?

Yes. More and more people are realising that buying and selling without estate agents is both convenient and profitable. Estate agents merely introduce buyers to sellers, they perform no legal function and add no value to the transaction.

 

What happens when I find a buyer?

When a sale is agreed you simply pass the details to your solicitor or conveyancer who will prepare the necessary legal contract and supervise the exchange and completion in the usual way.

Where should I send my cheque?

AXLE PUBLISHING LTD
P.O. BOX 3
HEATHFIELD
EAST SUSSEX
TN21 9ZU

Please make cheques payable to Axle Publishing Limited.

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