Would like peoples thoughts on this.... auctioneers fees are in the range of 0.75%...1.5%....2.5% (all plus VAT) for various firms around Cork city & county. (Plus of course the obligitory fee to post on myhome.ie)
I have heard that with 2 firms in particular who's fees that are in the lower range that they are primarily anxious just to make the sale... and will close the sale once a particular price is achieved. I know of one who advised a (spy) interested buyer that the sale had been agreed when in fact there had indeed been an offer but the seller did not agree. The auctioneers ploy here was to advise the seller that there were no more interested parties & hence force the seller to accept the offer....the autioneer had his costs covered by the offer...sale would have closed..and move onto the next.
On the higher end of the scale though I am not sure if they help stage/ sell the house at for a higher price or do in fact offer a better lever of service.... and even though have higer fees that this is compensated somewhat by the fact that they would achive a higher price.
What are the thoughts & experiences of others here?
ninsaga
I have heard that with 2 firms in particular who's fees that are in the lower range that they are primarily anxious just to make the sale... and will close the sale once a particular price is achieved. I know of one who advised a (spy) interested buyer that the sale had been agreed when in fact there had indeed been an offer but the seller did not agree. The auctioneers ploy here was to advise the seller that there were no more interested parties & hence force the seller to accept the offer....the autioneer had his costs covered by the offer...sale would have closed..and move onto the next.
On the higher end of the scale though I am not sure if they help stage/ sell the house at for a higher price or do in fact offer a better lever of service.... and even though have higer fees that this is compensated somewhat by the fact that they would achive a higher price.
What are the thoughts & experiences of others here?
ninsaga