UK Estate Agent fees amongst the lowest in the world

July 17, 2019
what is happening to house prices

The Estate & Letting Agents Association UK (ELAA-UK) has conducted research that shows UK agents charge some of the lowest fees in the world.

The association conducted the research as a part of it’s campaign to show consumers the many benefits of using a high street or ‘traditional’ agent. ELAA-UK aims to show consumers the value for money they receive when using a high street agent in the UK.

ELAA-UK said that ‘whilst we have seen that recently people are returning to being more focused on the services and results an estate or letting agent can achieve for them the fees agents charge is still a major topic of discussion. We think it is important to remind consumers that agents fees in the UK are amongst the lowest in the world and in our opinion represent great value for sellers.’

The research compared the fees for similar services to those you would expect from an agent in the UK and found that agents in some countries would charge up to 4 times more than the UK average.

The below extract from the research shows the some of the results:

USA Typically 6% but some agents do charge up to 8%

Canada 3% – 7%

Australia 4% + advertising fees

Romania 6%

France 5%

Malta 5%

Cyprus 5%

ELAA-UK states ‘You can see from the results that estate agents in the UK charge considerably less than their counterparts in other countries, add to this the fact that a good agent will be able to negotiate the best price for a seller possibly adding thousands of pounds to the final sale price and it is easy to see why UK agents offer some of the best value for money in the world.’

To see the full results of this research and to view more information and analysis from The Estate & Letting Agents Association UK visit www.ELAA-UK.org

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Breaking Property News 13/2/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   96% of proptechs fail to get to series A funding – here is why Thought Leadership by Andrew Stanton, CEO Proptech-PR The proptech sector has never been short of ideas. From AI-driven valuations and digital conveyancing to smart buildings and tokenised real estate, innovation in property…
Read More →
Breaking News

Landlords unprepared for the Renters’ Rights Act

Three quarters have made no preparations for the end of Section 21, despite major reforms taking effect from May 2026 New research from Inventory Base has revealed widespread lack of preparedness among UK landlords ahead of the first phase of reforms under the Renters’ Rights Act (RRA), due to come into force on 1 May…
Read More →
Breaking News

Why capital is staying in London despite a cooling housing market

By Joe Freedman, Head of Origination at ASK Partners London isn’t suffering from a lack of housing demand. It’s suffering from a failure to deliver. New data from Molior underlines the scale of that failure. Just 5,547 private homes broke ground across the capital last year, an 84% drop from a decade ago. Against an…
Read More →
Breaking News

The hidden risk of overvaluing your home when moving in today’s market

With many homeowners turning ambitious conversations into tangible moving plans, the start of the year traditionally marks a surge in activity, particularly for families planning for the future. While the property market remains fundamentally healthy, experts at Beresfords say overvaluing property is one issue that continues to undermine the progress of those looking to sell.…
Read More →
Rightmove logo
Breaking News

Rightmove launches next phase of AI-powered property search

Rightmove, the UK’s largest property platform, has launched a beta version of AI-powered conversational property search, as it continues to enhance its property search experience. In close collaboration with Google Cloud and built with Google’s Gemini models, conversational search is available via the property search bar on Rightmove’s website homepage. The latest move further expands…
Read More →
Breaking News

Should you break things off with your mortgage lender this Valentine’s Day?

As Valentine’s Day approaches, the latest research from award-winning mortgage adviser, Alexander Hall, has revealed that more than half of homeowners approaching the end of a fixed-rate mortgage are currently undecided on their relationship with their lender, despite notable improvements across the mortgage market over the last 12 months. The consumer insight, commissioned by Alexander…
Read More →