Costs incurred before the sale of the house

Costs of selling a house – Before you have sold a house and made money, you are faced with a number of expenses with costs that should not be underestimated. In addition to the valuation and the energy certificate as two of the largest items on your bill, numerous cost factors add up due to the organization of documents and the publication of advertisements. It can quickly add up to a higher four-figure sum if you sell your house privately and take on all the necessary tasks yourself. Time is also a factor that should not be underestimated and has an impact on the costs when selling a house. Are you looking for a solution that will allow you to avoid these costs and sell your house without having to incur any upfront expenses yourself?

House sale through real estate agent lowers your costs

The costs incurred in the sale of a house can be outsourced by a single decision and ultimately transferred to the buyer. If you hire a real estate agent, he or she will receive a commission after a successful sale. This covers all costs incurred for the preparation and the actual sale.

Unlike rentals, you don’t pay the cost of hiring a broker out of your own pocket. Rather, the broker’s commission appears in the ancillary purchase costs payable by the buyer. The calculation of the percentage of the broker’s commission is based on the expenses associated with the sale of your home.

Largest cost items in the sale of real estate

Selling real estate without a valuation always leads to a fiasco. If you set the asking price too high, prospective buyers will stay away and you will have to reckon with a long sales phase. If you list your property for far too low a price and sell below the real value, losses are a direct consequence. For a valuation you have to calculate an amount of 1,000 euros. In the second position, the energy certificate costs at least 100 euros, and 300 to 500 euros for a certificate of need.

Fees: Advertisements, photos, incidental expenses

Furthermore, there are fees for the publication of advertisements in real estate portals and you will also receive a bill from the photographer for professional photos that speed up the sale. The arrangement of viewing appointments increases your telephone bill, as you occasionally have to call back and make contact with prospective buyers. In practice, it turns out that the costs of selling a house go far beyond the known items and can become problematic if you, as the owner, have to pay in advance and come up with the money. In private sales, you have no way of transferring the expenses you have already incurred to the buyer, unless you want to unnecessarily increase the asking price for your home. The situation is different if you are selling through a real estate agent and the buyer pays these costs as an item in the ancillary purchase costs.

Buyer pays broker commission – you save costs!

You can protect yourself from all financial expenses in connection with the sale of your house. The buyer principle, i.e. that the client pays the broker’s commission, only applies to rentals and not to the sale of a house. You can therefore contact us without hesitation and opt for a brokerage contract in which all services and the amount of the commission are transparently listed and agreed with you.

As an item in the ancillary purchase costs, the percentage commission, which is based on the selling price of the property, is paid in full by the buyer. Selling the house through experienced real estate agents not only saves you high costs, but also a lot of time. Since you outsource all the home selling services and hire them professionally, you sell faster while having the assurance of actually getting the desired selling price. Real estate agents are experienced negotiators and take a strategic approach to selling a house. In doing so, the sale is made objectively and not on an emotional basis, as can rarely be avoided in private sales. Lower your costs and increase your chances of selling your house promptly and at the best price.

Save time with a broker

You also save costs by not having to spend time on the sale of your house. While you go about your usual daily routine, the agent will take care of the house sale for you, helping you to sell without any additional investment and to benefit from the professional services. The advantage of your cost savings is accompanied by the security of knowing that you are offering your home at the adequate price and getting the highest possible sale proceeds.

More information on the subject of brokers:

Sell

There are various reasons that make you think about selling a property. Many of our clients already own their own house or condo when they inherit their parents’ home and don’t know what to do with the inheritance now. Are you facing this question or have another reason for selling your house? Our professional online real estate agents will assist you and help to get the best price for the property and not put a long wait on the agenda in the course of the sale. While you can sell privately if you are the sole owner, a house or apartment owned by a community of heirs presents greater challenges.

Tasks of a broker

Basically, a real estate agent fulfils all tasks that are important before and during the sales and rental phase. He creates an exposé, determines the market value of your property, advertises your property and is then the interface between you and interested parties. While the creation and publication of an advertisement is a time-consuming but unique task, answering customer enquiries is part of the daily business of an estate agent.

• Here you can find more information about the tasks of a broker.

Commission for the broker – The most important regulations

More than 80 percent of all properties for sale or rent are brokered. This means that the owner commissions a real estate agent to advertise the offer and to carry out all tasks up to the conclusion of the contract on his behalf. Professional brokerage is a service that is agreed between the client and the real estate agent. After the service has been rendered, a commission, the so-called brokerage fee, is due. Who pays the commission depends on the type of commission and the reason for the commission. If you sell your property through an estate agent, the buyer usually pays. In the case of lettings, the buyer principle has applied since 2015, so that the invoice recipient and commission payer is identical to the person who has commissioned a brokerage service.

• Here you can find more information about the broker commission.