Selling for 1%

The 1% estate agent — done properly

A 1% estate agent charges 1% of your final sale price, plus VAT, to sell your home — on a £400,000 sale that is £4,000 + VAT (£4,800 in total), paid only when the sale completes. At 100 Key Properties, 1% + VAT is our sole-agency fee, with a 12-week term, no sale no fee, and one named local agent from your free valuation to the day the keys change hands.

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What a 1% estate agent fee actually means

It is simpler than most fee structures make it look. When we sell your home, our commission is 1% of the price it actually sells for — not the asking price, not a guess — plus VAT. You pay it once, on completion, out of the sale proceeds. Until then, you pay nothing at all.

  • 1% + VAT — our sole-agency selling fee, calculated on the final sale price. Prefer to instruct more than one agent? Multiple agency is 1.5% + VAT.
  • 12-week term — the initial sole-agency period. After that, one month’s notice ends it whenever you wish.
  • No sale, no fee — if your home does not sell, you owe us nothing. No upfront marketing charges, no exit bill.
  • Free valuation first — an honest figure built on local evidence before you commit to anything.

And the fee we agree is the fee you pay. There is nothing buried in the small print — no extras for photography, no charge for the floor plan, no surprise on the invoice.

What you'd pay on a £400,000 sale

Percentages are abstract; pounds are not. Here is how a £400,000 sale typically compares across the three ways most people sell:

 100 Key Properties (sole agency)Typical high-street agentOnline fixed-fee agent
Fee basis1% + VATCommonly reported around 1.2%–1.8% + VATOften £1,000–£2,000 fixed
Fee on £400,000£4,000 + VAT£4,800–£7,200 + VAT£1,000–£2,000 (typical reported range)
Total including VAT (20%)£4,800£5,760–£8,640Often quoted as an all-in package — check whether VAT is included
When you payOn completion onlyUsually on completionUsually upfront, or deferred at extra cost
If the sale falls throughYou pay nothingUsually nothing — check the termsUsually still payable

On those typical ranges, 1% + VAT works out roughly £960 to £3,840 less than a typical high-street fee on the same £400,000 sale. And unlike a fixed upfront fee, if the sale never happens, you have not spent a penny.

High-street and online figures are typical reported market ranges, not quotes — fees vary widely, so always compare quotes for your own home. VAT calculated at the current 20% rate; rates can change.

Is a cheap estate agent any good?

Fair question — and the honest answer is that the percentage tells you nothing on its own. Some low-cost models really do strip the service back to a listing and a for-sale board. So do not ask what an agent charges; ask what is included. Here is what sits inside our 1%:

  • Professional photography — your home presented at its absolute best, plus floor plan and EPC guidance.
  • Full portal exposure — Rightmove, Zoopla and OnTheMarket from day one, alongside our social channels and registered buyer database.
  • Accompanied viewings — every buyer qualified beforehand, honest feedback after every viewing, usually the same day.
  • Experienced negotiation — we fight for the best price, not the fastest exit.
  • Weekly sales progression — solicitors and the chain chased every week, so nothing goes quiet between offer and completion.
  • One named local agent — the same person from valuation to completion. Never a call centre, never a handoff.

How can that cost 1%? Because we are a growing network of local agents across London and beyond — not a chain of expensive branches with a head office to feed. Low overheads, not low effort. It is how we have sold 400+ homes since 2020 and hold a 4.2/5 Google rating from 80+ reviews. The full service is also available in English and Lithuanian, with the Lithuanian-language service led personally by founder Andrea Zuk.

How selling for 1% works, start to finish

No mystery, no lock-ins — five steps, one person looking after all of them:

  1. Free valuation — an honest figure with the local evidence behind it. Never inflated just to win your business; an inflated price costs you months.
  2. Preparation — photography, floor plan and a marketing plan that suits your home.
  3. Launch — live on Rightmove, Zoopla and OnTheMarket, promoted to our buyer database.
  4. Viewings and negotiation — accompanied viewings, feedback after every one, then we negotiate hard.
  5. Completion — solicitors and the chain chased weekly until the keys change hands.

It starts with the free part: we will tell you where you stand and what your home is really worth — free, no obligation, and many people use it simply to plan. Then, if you decide to sell, we do it for 1% + VAT.

The difference

What you get with 100 Key

No sale, no fee

If your home does not sell, you pay nothing. No upfront marketing charges, no withdrawal bill, no risk.

One named local agent

The same person handles your valuation, viewings, negotiation and sales progression — never a call centre.

Full marketing, not a listing

Professional photography, floor plan, and Rightmove, Zoopla and OnTheMarket from day one.

The fee we agree is the fee you pay

1% + VAT sole agency, published upfront. A 12-week term, then one month's notice — nothing hidden.

Free valuation first

An honest figure built on local evidence, with no pressure and no obligation to go ahead.

English & Lithuanian

The full service is available in both languages — the Lithuanian-language service led personally by founder Andrea Zuk.

Honest, upfront fees

Every fee published before you commit — nothing buried in the small print.

See the difference for yourself

Straight answers

Common questions

What does a 1% estate agent fee mean?
It means the agent charges 1% of the final sale price, plus VAT, as their commission for selling your home. At 100 Key Properties, 1% + VAT is the sole agency fee, on a 12-week term, with no sale no fee — so you pay only when your sale actually completes, and nothing if it does not sell.
How much does a 1% estate agent cost on a £400,000 house?
£4,000 plus VAT — £4,800 in total at the current 20% VAT rate (rates can change). It is calculated on the price your home actually sells for, not the asking price, and it is paid on completion out of the sale proceeds, so there is nothing to find upfront.
Are cheap estate agents any good?
A lower fee does not have to mean a lower service — but always check what is included, because some low-cost models cut the service right back. At 100 Key Properties the 1% + VAT fee includes professional photography, Rightmove, Zoopla and OnTheMarket, accompanied viewings, negotiation, weekly sales progression and one named local agent from start to finish. We can charge less because we run a lean network of local agents rather than a chain of branches — low overheads, not low effort.
Do I pay the estate agent if my house does not sell?
With 100 Key Properties, no — sole agency is strictly no sale, no fee, and there are no upfront marketing charges. Be careful with fixed-fee online agents: their fee is often £1,000 to £2,000 paid upfront and is usually still payable even if the sale falls through. Always read the terms before you sign anything.
Is VAT included in a 1% estate agent fee?
Estate agent fees in the UK are usually quoted plus VAT, so always check. A 1% + VAT fee works out at 1.2% of the sale price at the current 20% VAT rate — on a £400,000 sale that is £4,800 all-in. Rates can change, and we always confirm your exact figure in pounds before you commit.
What is the difference between sole agency and multiple agency?
Sole agency means one agent sells your home for an agreed period — at 100 Key Properties that is 1% + VAT on a 12-week term, then just one month's notice to end it whenever you wish. Multiple agency means instructing two or more agents at once, and because only the one who sells gets paid, the fee is higher — 1.5% + VAT with us. Most sellers choose sole agency for the lower fee and a single point of contact.

Find out what 1% looks like on your home

Start with a free valuation — no cost, no obligation, just an honest figure and your exact fee in pounds. Then, if you decide to sell, we do it for 1% + VAT. Call 0203 583 1311 or book online — we answer our phones 24/7.

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