woman smile to camera about blended fees

Sell Smarter, Pay Less: Introducing Our Innovative Blended Fee Option!

At My House Online, we continuously seek innovative ways to serve our clients better. That's why we're excited to introduce a new and flexible "Blended Fee" structure, designed specifically for property sellers in Kings Lynn.

What is a Blended Fee?

Traditionally, estate agents operate on a 'no sale, no fee' basis, charging a percentage of the final sale price only upon completion. A blended fee offers clients the opportunity to reduce their total selling costs by contributing an upfront marketing fee. This contribution lowers the total percentage payable at completion.

For instance:

  • If our usual fee is 1% + VAT (no sale, no fee) on a £250,000 home, your final invoice upon sale would typically be £3,000 (including VAT).

  • Under our blended fee model, if you choose to pay a smaller upfront fee of £500, the final completion fee could reduce to approximately £2,000, bringing your total cost to £2,500.

This not only reduces your overall cost but significantly enhances your home's selling commitment.

Benefits for Our Clients:

  • Lower Overall Fees: Paying a small upfront amount means lower final costs.

  • Control and Flexibility: Clients can decide how much to contribute upfront, directly influencing their final selling costs.

  • Increased Commitment: Properties marketed with upfront contributions experience significantly higher success rates (over 90%).

Why Does My House Online Offer Blended Fees?

Blended fees offer advantages for both the seller and us as your trusted agents:

  • Improved Cash Flow: Small upfront payments help us market properties more effectively.

  • Higher Success Rates: Committed sellers lead to faster sales and better market positioning.

  • Risk Management: It helps us reduce the risks associated with no sale scenarios, enabling reinvestment into improved services.

Our Recommended Blended Fee Structure for Kings Lynn:

Given the average property price in Kings Lynn is approximately £250,000:

  • Standard No Sale, No Fee: 1% + VAT (£3,000 on completion)

  • Blended Fee Option: Pay £500 upfront, reducing the completion fee to 0.67% + VAT (approximately £2,000). Total cost: £2,500.

This blend ensures savings for our clients while maintaining My House Online's excellent service standards and profitability.

How to Take Advantage:

Simply request the blended fee option during your valuation. Our agents will provide a clear illustration, allowing you to select the best financial approach tailored to your needs.

Experience the future of property selling today with My House Online—because innovation and value go hand-in-hand.

Are you thinking of moving?  Call us today on 01553 670179

 

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