Homeowners in DH5 have a choice between traditional high-street estate agents like Pattinson Estate Agents and Kimmitt and Roberts, and newer online agents that operate with lower overheads. High-street agents in Houghton-le-Spring typically charge between 1% and 3% + VAT (1.2% to 3.6% including VAT) of the final sale price, with the average around 1.5% + VAT. This equates to approximately £2,575 in fees on a £171,662 property. These agents provide valuations, professional photography, viewings, and negotiation services throughout the sale process.
Online agents such as Purplebricks and Strike offer fixed-fee packages typically ranging from £999 to £1,999, which can save thousands in commission for sellers of lower-value properties. However, the trade-off often includes reduced personal service, with sellers managing viewings themselves or paying extra for accompanied viewings. For properties in DH5 where the average price is under £172,000, online agents can represent significant savings, but sellers should consider whether the time and effort saved by using a high-street agent justifies the higher cost.
We recommend a hybrid approach for DH5 sellers. Obtaining free valuations from multiple agents including both high-street and online options before making your decision allows you to compare not just fees but also the suggested asking price, marketing strategy, and agent enthusiasm for your specific property. Our research shows that properties priced correctly by knowledgeable local agents tend to sell faster and closer to their asking price than those overvalued by agents eager to secure the instruction.
Consider also what happens after the sale is agreed. High-street agents typically handle the progression through to completion, liaising with solicitors and keeping you updated on the chain. Online agents may offer less support in this phase, which can add stress during what is already a complex process. For first-time sellers or those with complex chains, the additional service often proves worth the extra cost.