Hestons Estate Agents
Witham, Essex, CM8 3GA
A new agent, Hestons, specialising in the sales and letting of the finest homes in Essex has opened, based within the beautiful grounds of Braxted Park, and offering a revolutionary pricing structure.
Braxted Park is located just off the A12, near Witham, providing an ideal location for Hestons to serve the Colchester, Chelmsford, Braintree & Maldon areas.
Luke Kelly, Managing Director at Hestons commented: ?This is a very exciting time for us, as we really feel that we are bringing something new to the market. Our revolutionary pricing structure is based on a simple principal of fairness, and is being received very favourably by our clients.?
Hestons offers a fixed fee service, split between an up front marketing fee, followed by a fixed completion fee. The fees are banded by property value, with higher value properties benefitting from substantial savings compared with traditional agents. E.g. For a ?1m property Hestons charge a marketing fee of ?400, followed by a completion fee of ?5,950. This compares with a typical agents commission of 1.5%, or ?15,000.
Kelly continued: ?traditionally estate agents have simply charged a commission of around 1.5% of the sale price, but we don?t think that?s fair. Fees generated on properties that sell are used to offset the losses on those properties that don?t sell. Also, the cost of selling a house is not directly proportional to its value. It is true that a ?800k house costs more to market than a ?400k house, but it doesn?t cost double! The marketing fee which is payable at instruction stage, is a sign of commitment from our vendors, giving us the confidence to be able to offer much lower completion fees.
I?m also very proud of the efforts we have made with regards to marketing ? our website, brochures and particularly photos are in my opinion the best in the marketplace, and really show our properties off to their full potential.?
For further information, visit www.hestons.uk or call 01621 710048.
letting agents, estate agents
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