An estate agent is a person or company that coordinates the selling, letting or administration of properties. Estate agents that deal with lettings only are often called letting agents.
Estate agents are usually occupied in the advertising of residential or commercial property and a solicitor or conveyancer would be used to deal with the actual sale or purchase of the property by preparing the relevant legal papers. In Scotland, some solicitors additionally work as estate agents but this is unlikely to happen in England and Wales.
Look online for estate agents in your location to get an understanding of the kinds of homes they are selling. Estate agents with a high domain authority or page authority will appear higher up on google lists and it is important to find out where they market their properties.
Estate agents selling homes typically charge between 1 % (usually for sole agency) and 3 % (multiple agency) of the price plus VAT. Added marketing costs might sometimes be charged for advertisements in magazines or journals.
Apart from for the most inexpensive homes, estate agent fees are usually the second most costly component of moving home in the UK after stamp duty.
Legal advice and assistance can be given by estate agents but it needs to be done by ensuring that only expert professional and knowledgeable solicitors are used that have the appropriate qualifications and are regulated by the Law Society.
Choosing a solicitor
Solicitors specialise in different areas of the law.
If you need help writing a will for example, Plymouth wills could help you. If you need help with buying a house, Middlesbrough solicitors could help you and an employment law solicitor London would generally only deal with employment law.
There is a shortage of property for sale at the moment and many properties are being sold before they are advertised.
If you are looking for a property it is a good idea to register with all the estate agents in the area that you wish to live in so your details are readily available when a property comes on to the market. Properties with luxury kitchens and luxury bathrooms are particularly in short supply and high demand.
Although desirable properties are selling fast through estate agents, you shouldn’t need the services of a private detective to find a property but if you need a detective to track down somebody you have been looking for, a search online for private detective London may bring up some useful contacts.