When I sold my house, I agreed a fee that was a lower than normal % on his estimated worst case sales price and a 3x higher % of any amount above this.
End result was he worked really hard getting prospective purchasers bidding against one another. I ended up selling for 25% above my reserve price.
Sure, I paid a lot in fees. But since I was living 20,000km away at the time, it was totally worth it for the peace of mind achieving a good price.
I am still surprised that almost everyone goes with the standard fee scale, for what is the largest financial transaction in your life!
End result was he worked really hard getting prospective purchasers bidding against one another. I ended up selling for 25% above my reserve price.
Sure, I paid a lot in fees. But since I was living 20,000km away at the time, it was totally worth it for the peace of mind achieving a good price.
I am still surprised that almost everyone goes with the standard fee scale, for what is the largest financial transaction in your life!