Estate agent owned, all or mostly tenanted properties under one ownership. Alternative titles are Factor, Steward, or Bailiff, depending on the era, region, and extent of the property concerned. The term originally referred to a person responsible for managing a landed estate, while those engaged in the buying and selling of homes were ""House Agents"", and those selling land were "Land Agents". However, in the 20th century, ""Estate Agent"" started to be used as a generic term. Estate agent is roughly synonymous with the United States term real estate broker. Estate agents need to be familiar with their local area, including factors
Estate agent property to a buyer that was introduced by the estate agent, then the estate agent will charge anything from 1% to 2%, with the average in 2017 being reported as 1.2% and this is calculated based on the sale price of the property. Alternative estate agency models, most notably online estate agents, generally offer a choice of fees, most of which are either paid on an up front basis, or paid later on completion. Fees range from around £300 to £800. Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first