Selling real estate in Offenbach am Main – selling an apartment, a multi-family house or your own property. Formerly known as the centre of the leather goods industry, the city is part of the Rhine-Main conurbation and borders directly on the metropolis of Frankfurt to the west. Thus, the popular Frankfurt districts Ostend, Nordend, Gallus and Westend are not far away! You want to sell your property in Offenbach am Main? Whether it’s a penthouse with a view of the city, a spacious
Offenbach am Main: International suburb in the south of Frankfurt
As an international trade fair city with a flourishing banking and financial sector, Frankfurt has a lot to offer. This inspires not only families, singles and students, but also entrepreneurs and investors who are drawn here from all over the world. While the city centre delights with its variety of culinary specialities, the many international companies and the numerous luxury boutiques, the many green spaces on the edge of the Main invite you to spend a relaxing afternoon away from the hustle and bustle of the big city. And Frankfurt’s cityscape is also inspiring: among the modern skyscrapers you will find historical buildings as well as museums, operas and art houses. From Frankfurt-Gallus to Offenbach to Ostend – everyone feels at home in Frankfurt.
District: map and location
Offenbach am Main has a population of around 126,000, making it the fifth most populous city in the state of Hesse. The popular city is located on the other side of the Main opposite the city centre of Frankfurt. Thus, the popular Ostend, the former working-class district Gallus and the adjacent Nordend are easily accessible by car or train. It is not uncommon for Offenbach to be given a bad reputation, especially by Frankfurt residents. However, this is not entirely fair, because the multi-cultural city offers leisure activities, as well as education and culture.
Sell real estate: Apartment, house, apartment building
Selling real estate is always time consuming, as well as you need a lot of know-how and talent in sales and negotiation to achieve the best possible selling price. This is the fastest way to sell professionally presented properties. The demand for living space in and around Frankfurt is high. This is also reflected in the real estate prices.
No matter what the property, property valuation is not only one of the first steps, but also one of the most important.
Real estate valuation: Valuation for the sale of real estate
The property valuation therefore determines the purchase price of the property. But what sales price can you achieve as a property owner in which district? What role does aircraft noise play in the sales price? All these and many more questions play an important role in the valuation of your property. Also renovations and modernizations with the help of craftsmen, architect & Co., as well as the different types
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During the day, Frankfurt is said to be a city of millions, as people from all corners of the Rhine-Main region commute to work in the metropolis on the Main. Banks, consulting firms, auditors and many more can be found here, bringing employees of all salary and age groups to the bustling city area:
Real estate in Offenbach am Main: Popular place to live in Hesse
You own a house in Offenbach and want to change for professional or private reasons? The upcoming sale of your property is a complex process and requires a lot of energy and expertise at every stage. A good real estate agent in Frankfurt wants to help you with the house sale and save you time, effort as well as stress as well as uncertainties that can quickly become cost traps.
Charming suburban flair: renowned universities and a wide range of cultural offerings
Restaurants and cafés with the most diverse culinary temptations line the streets and invite you to try out and relax. Especially those who like oriental cuisine will enjoy the variety in Offenbach am Main. Offenbach is also home to one of the best design colleges in the Rhine-Main region. People here are also fans of the traditional Hessian apple wine, which is served from large clay jugs – the Bembeln – and drunk in ribbed glasses. Football fans will be happy here in more ways than one. On the one hand Offenbach has its own team, the Kickers Offenbach, on the other hand there are also fan clubs of the popular Eintracht Frankfurt.
Sell property: Apartment, land & apartment building
You are drawn to faraway places and now you want to buy a property somewhere else? Or you now want to invest in real estate as an investment, buy an apartment building and
Preparation before the sale: timing, purchase price & taxes
Are you selling your house at an economically sensible time? Is the demand in Offenbach currently high enough to enable an attractive price? In case you need the proceeds urgently, it is also beneficial to know how long the sale of the house may take. Another question to clarify before selling the house is the tax burden: Will taxes be due on the whole sum or only on the profit? You may want to buy another property in your new home and need some of the proceeds to finance the sale. If the house to be sold has not yet been fully paid off, you will probably use part of the sale proceeds to pay off the existing loan. Here you need to clarify whether the bank requires an early repayment penalty and how high this amount will be.
Here again the most important questions in advance:
- Is the timing right?
- Is there enough demand?
- How long does the sale take?
- Are taxes due?
- Does the bank charge an early repayment penalty?
Documents: Energy passport, land register extract & Co.
These questions must be answered as objectively as possible in the run-up to the house sale and require competent assistance in view of the complex structure. In order to prepare your house sale, documents and, if necessary, measures are also necessary.
According to the current Energy Saving Ordinance (EnEV), you must have a valid energy certificate and present it to the potential buyer. In addition: For the sale of your house you need an excerpt from the land register, because it shows the ownership rights, possible usufruct rights as well as land charges, mortgages and other liens for the buyer. You can obtain the extract in conventional or certified form from your local land registry office. Also important are floor plans: These illustrations provide information about possible changes and are therefore indispensable for the sale of the house.
The most important documents: energy certificate, extract from the land register & floor plan
Frequently asked questions for sellers
You want to buy a property and are now in a hurry with your current property sale? Whether it’s a semi-detached house in Offfenbach, an
Here are the most important questions you need to ask yourself as an owner before selling:
- Do you have a follow-on property in mind?
- Is there a need for renovation / refurbishment of the apartment?
- Are all records and documents available?
- Are early repayment penalties payable?
- Are the declaration of partition, building insurance, minutes of the owners’ meeting, utility bills, list of rents, etc. available?
- Are there lists of the maintenance of the condominium (maintenance costs)?
- Should inventory be sold?
- Is there a right of first refusal?
- Value of the apartment?
Property valuation: How much is your property worth?
Of course you want to sell your house for as much as possible, if only for emotional reasons. After all, you’ve invested a lot of energy, love and time in the property and are seeking attractive compensation for it. However, keep in mind that an unrealistically high price can drag out the sale endlessly or even make it impossible. On the other hand, if you set the price too low, you will lose money unnecessarily. Ideally, your house will be seriously appraised and the property value determined in the process will serve as a basis for both parties.
Influencing factors: location, infrastructure & Co.
A house valuation can be carried out by a company specialising in this and you will see the current market value from the result. On this basis, you need to decide at what price your house will be offered and whether to allow room for negotiation.
Here are some of the most important criteria that affect the value and therefore the selling price of your property:
- Infrastructure / Surroundings
- State of development
- Refurbishments / Refurbishment requirements
Our tip: If you would like to renovate or refurbish your property with the help of an architect, craftsman & Co. renovate or refurbish your property, this can have a positive effect on the purchase price. Here, too, an experienced real estate agent in Frankfurt will be happy to advise you.
Selling a house: the most important steps
Whether Offenbach, Ostend or Westend – answering these questions, you are probably thinking about how a professional service provider would proceed when selling a house? In view of the effort involved, you may even be thinking of hiring a real estate agent. We recommend that you consult a reputable real estate agent. So far, we have only shown you the preparatory measures, the sale begins now.
Marketing: home sale advertising online & offline
Once the appraisal is done and the ideal selling price is found, you can start thinking about marketing your home. This very demanding task requires answers to the following questions:
- How do I find the perfect buyer for my home?
- Is my knowledge and time sufficient to handle the sale myself?
- Which sales channels should I use?
- How do I create a sales exposé that is as informative as possible?
- What costs do I have to reckon with when marketing myself?
Attending viewing appointments: Tips on negotiation & Co.
Assuming you decide to continue marketing on your own, you will need to advertise your home and find prospective buyers. As a rule, this requires different channels to make as many potential buyers as possible aware of your property. Each prospective buyer will contact you to arrange a personal viewing appointment. So you need to plan appointments and have enough time.
A professionally conducted inspection will put you in the best possible position when negotiating the price.
The house inspection is completely new territory for you as a private person, you know neither anything about the procedure nor about questions that may arise. In your own interest, you try to emphasize the positive aspects of your house, but where are they for the potential buyer? Do you know anything about hidden defects and to what extent you have to inform the prospective buyer about them? How do you stay with the potential buyer after the viewing? Do you negotiate the price right away or wait until the next meeting? These are just a few criteria to consider during the viewing. Please remember: a professionally conducted viewing puts you in the best possible position when negotiating the price.
Here’s what you should consider:
- Highlight positive aspects of the property
- Uncover hidden defects
- Contact after the visit
- Determine time for price negotiation
Conduct purchase negotiations: Credit Check
You want to sell at the best price and the buyer wants to pay as little as possible for your house. This is how, in simplified terms, the situation looks after the viewing. You can conduct house viewings with numerous interested parties, none will accept your price without negotiation. Skill and knowledge will result in a negotiated price that you and the buyer can live with. However, it is not only important for you to find a buyer at the ideal price, you also have to find out whether the prospective buyer can pay. Which document will help here and who will check it on your behalf? Without clarity on this, you risk losing time in the event of failed financing and having to search again for a solvent buyer.
Read more here: Check creditworthiness
Selling and transferring a house: Notary appointment & handover protocol
After both parties have agreed on the purchase price, a purchase contract must be drawn up and notarised. As a rule, the buyer chooses the notary, but you must be present for the discussion of the details as well as for the final signature. Together with the buyer, you decide point by point on the contents of the contract and make sure that your information is correct. There are usually two or more weeks between the draft contract and the final notary appointment. During this period, both parties have the last opportunity to make changes or, in the case of unforeseen events, to withdraw from the contract. As soon as both signatures have been made and the notary has certified the contract, the final stage of the house sale takes place: the handover. Ideally, a handover protocol is drawn up documenting the condition of the property and a date is agreed for handing over the keys.
Brokers: benefits, costs and search
Selling a house is made much easier by a competent real estate agent. Not only will they advise you on the selling price and the steps to take before selling a property, but they will also know the market situation in the area and can tell you whether, for example, renovations to the house may be necessary before it can be put on the market.
The only thing that needs to be taken into account when hiring a real estate agent is the commission, which serves as the payment of a real estate agent, this comprises about 2% of the purchase price.
In addition, a real estate agent takes a huge chunk of work off your hands by taking care of documents such as the energy certificate, which is absolutely necessary for the sale of a property, and also arranging appointments with potential buyers. The only thing that needs to be taken into account when hiring a real estate agent is the commission, which serves as the payment of a real estate agent, this comprises about 2% of the purchase price.
Conclusion: A good broker is worthwhile
Selling a house is not an everyday undertaking for owners, which is marked by effort and stress and takes up a lot of time. Without prior knowledge and experience, selling real estate can become a challenge. Therefore, decide on the right real estate agent and talk to him about your wishes and needs.
Frankfurt am Main: Real estate in the financial metropolis
Frankfurt is definitely the most impressive German city. If you stand in the Frankfurt city center, you drive in here, the skyscrapers are something very impressive. This makes the city seem twice as big as Berlin, three times as big as Munich and four times as big as Cologne. The attractive location directly on the Main and in the centre of Central Europe continues to attract people from all over Germany and the world to the city. Frankfurt a.M. is known for its unique skyline, skyscrapers and a thriving financial market. But the city offers so much more. Museums, green spaces, the opera, art halls. Culture as far as the eye can see.
Real estate in Frankfurt
With its opera, theatres and museum mile, Frankfurt has everything that high culture needs. In addition, a decent gastronomy scene, which in terms of internationality has no comparison in the world. There are beautiful parks in the city, as well as the zoo and the Palmengarten, so that you don’t have to leave the city for a short rest. The banks of the Main River invite you to stroll along, in addition to the chic shopping galleries. The skyscrapers are also an attraction in themselves. And if you visit one of the numerous festivals in the summer, it’s hard to get away from the view of the skyline.
Living in Frankfurt am Main: Popular districts & residential areas
With a population of less than one million, the metropolis in the Rhine-Main region is known worldwide and home to Germany’s second largest airport. No wonder, after all, Frankfurt is considered an attractive place to live. While the up-and-coming Gallus convinces with its hip flair and excellent location, the Westend and
Sell, buy and live in Frankfurt am Main
Whether modern Nordend, up-and-coming Gallus, international Westend or the popular neighbouring town of Offenbach, with the current price trend it is worth selling your property in Frankfurt! You want to sell your apartment, your apartment building or your land in Frankfurt? Find out here what you need to bear in mind when selling your property in Frankfurt. In addition: Our free guides and tips on the topics of property valuation, off market and all prices per square metre in Frankfurt – Welcome to Frankfurt! To the overview: Selling real estate in Frankfurt.