How to earn a real estate Agency in England and Wales

The cost of compensation agencies selling real estate can range up to 261% , depending on zip code.The company GetAgent analyzed more than 40,000 affiliates, who sell property at 2400 postal codes and found that on average, real estate agencies earn a 1.53% , including VAT , but in the most expensive districts Agency Commission can reach 3,07%. The analysis included companies that operate on the principle of “no-sale, no fee” – “no sell, no gains”, across England and Wales over the last 6 months.For example, a real estate index in the city CT11 Ramsgate, Kent, can earn the agent of 3.07%, is £7,425 from real estate, the price of which is £241,849. A sale of property worth £326000 on the index NE67 in Bentol of the County of Northumberland will earn the Agency only 0.85%, which in absolute value is £2,771.Moreover, until October 2016, the Agency could take out VAT (VAT-Value Added Tax), Pluse VAT rate – 20% to the value of their remuneration, but now it is prohibited by law, and now the cost of compensation should include VAT ( UK – 20%). If the company does not apply this rule, it can further check.30.10.2019 Ellen Antre+79161561575 – about the purchase/sale of real estate in London