Estate Agent Fees

  • Home Owners Plan Limited (We or Us) incorporated in England under Company Number 6944615 provides home owners with:

               CHAIN FREE®

    1. Home owners selecting CHAIN FREE® join the Plan (subject to their solicitors approval).
    2. Option 1 Fall Back Price® 90% Surveyors Valuation (property inspection) or
      Option 2 Fall Back Price® 85% DataSource Valuation (no property inspection):

      • Your firm acting as sole agent for the home owner:
        • Your firm agrees a Sale Fee with the home owner which the home owner will pay your firm if they join the Plan and do not take the Fall Back Price®.
        • IMPORTANT POINT: If the home owner joins the Plan and the home owner does not take the Fall Back Price® and your firm sells the house for the home owner during their Plan Membership for more than the Fall Back Price® or DataSource Valuation We will pay your firm a £1,000 + VAT Success Fee (in addition to the Sale Fee paid by the home owner to your firm).
    3. If the home owner joins the Plan and takes the Fall Back Price® (Option 1 or Option 2)
      because they can’t wait for your firm to sell their house at their Asking Price:

      • Your firm acting for Us:
        • The High Street Estate Agent will be instructed by Us to sell the home owners house for a 1.5% + VAT Resale Fee.
        • The Online Estate if chosen by the home owner (% Resale Fee to be agreed) will be instructed by Us to sell the house on Joint Sole Agency with a High Street Estate Agent.
        • It is precondition of Us instructing:

               CHAIN MENDER®

    1. IMPORTANT POINT: Home owners selecting CHAIN MENDER® do not join the Plan.
    2. Provisional Price™ 85% Surveyors Valuation (property inspection):
      •  Your firm acting for Us:
        • If the home owner takes the Provisional Price™ the High Street Estate Agent will be instructed by Us to sell the home owners house for a 1.5% + VAT Resale Fee.
        • The Online Estate if chosen by the home owner (% Resale Fee to be agreed) and a local High Street Estate Agent (on a 1.5% + VAT Resale Fee) will be instructed by Us to sell the house on Joint Sole Agency.
        • IMPORTANT POINT: If your firm sells the home owners house for more than  Surveyors Valuation within 1 Year from Valuation We will pay your firm a £1,000 + VAT Success Fee in addition to the Resale Fee paid by Us to your firm.
        •  It is precondition of Us instructing:

If you have any questions please call our Chief Executive, Anthony Apponyi DD: 01491 641 362.

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