Online agent EasyProperty has introduced three payment options – upfront fee, split fee, and No Sale, No Fee. But hang on, isn't "No Sale, No Fee" simply commission which is what High Street agents have been doing all along?
There are no clues on their newly launched website what any of the prices might be.
The live chat feature advising “Our fees are dependent on the area that your property is based in. It would be best for my colleague who is in the area to come out and have a chat with you to discuss the package options.”
Obviously, as a High Street agent, we feel that an agreed fee, disclosed from the beginning and only payable upon completion is the best way. But what do you think? Do you feel it's better to know at the start and know that you don't pay a penny if your property doesn't sell. Or do you prefer having the option of paying a smaller fee upfront, but getting nothing back if your property doesn't sell?