Basically, what you are implying here is that it is the seller who pays the agency fees ( which is included in the sale price ) and at the notaire`s office the buyer pays over the full amount ?
I’ve been watching The Paris Agency on Netflix. And I never feel like the buyer was getting help. Definitely a conflict of interest. It’s good to see there are people out there like you.
That’s a great show but you are absolutely right. A lot of people forget that the agent is contracted by the seller, and there are multiple conflicts of interest as the agent is also incentivised just to get the deal done, so not necessarily representing the seller’s (their client’s) best interest!
Fees paid by seller : 1 000 000€ *5% = 50 000€ agency, *95% = 950 000€ seller, stamp duty 950 000 = 70 000€
Fees paid by buyer : 1 000 000€ = 105% total, so agency = 1000 000/105*5 = 47 619, seller = 1 000 000/105*100= 952 380€, stamp duty = 66,666€
Basically, what you are implying here is that it is the seller who pays the agency fees ( which is included in the sale price ) and at the notaire`s office the buyer pays over the full amount ?
@bulma5017 i am illustrating the two different calculations. Sellers agency fees are always included in the list price.
do I have I have to pay an extra percentage stamp duty surchrge if I want to buy a property in France as a British citizen ?
@bulma5017 no
@@AlexanderMartinParis thanks Alex 😊 that is very informative
I’ve been watching The Paris Agency on Netflix. And I never feel like the buyer was getting help. Definitely a conflict of interest. It’s good to see there are people out there like you.
That’s a great show but you are absolutely right. A lot of people forget that the agent is contracted by the seller, and there are multiple conflicts of interest as the agent is also incentivised just to get the deal done, so not necessarily representing the seller’s (their client’s) best interest!
Hey Alex. Love your content ❤❤❤
Are you a sole agency realtor or you have sole selling rights agreement with your clients ?
keep posting )))
Thank you! Buyer representation is our specialty but we do some exclusive sales as well.
Are Paris apartments typically sold furnished?
No, only with some high end rehabs. Often you can negotiate a few pieces though.
Are you an agent?
Yes I run a buyers agency