When purchasing a house or apartment is often a high Commission for the broker. That hurts – especially in cities, where the prices are high. Now some relief at least. After all, who buys a property, will need to perform only a maximum of one-half of the brokerage costs. This innovation has agreed to the Bundestag on Friday, now also the Bundesrat.
so Far, the buyer acquires complete brokerage Commission of up to seven percent of the purchase price. In the future, the buyer must transfer his share only if the seller has demonstrated his / her payment. “Thus, it is not possible in the future that the seller pass on the full Commission to the buyer”, – stated in the decision of the Federal Council. No later than the end of this year the law will come into force.
buyers benefit mainly in Berlin, Brandenburg, Bremen, Hamburg and Hessen
the division of The estate agents is a relief for homebuyers, especially in cities, where the prices for houses and apartments are shooting up costs. Since the brokerage fee is calculated on the purchase price, can be in objects in the value of hundreds of thousands of euros, tens of thousands of euros in estate Agents fees are due. The brokerage fee varies from state to state and can be set to inclusive of VAT of up to 7.14 percent of the purchase price. So you Finance your home, Our PDF guide shows you how to find cheap loans, pitfalls to bypass and get money from the state.To the PDF guide
The new law, especially real estate buyers in Berlin, Brandenburg, Bremen, Hamburg and Hessen benefit. The buyers carry alone, the broker’s cost. In other tight housing markets, sellers are able to pass, but sometimes the brokerage fee to the buyer.
a Verbal agreement is not enough
also New is that brokers contracts for houses and apartments in the future, the written Form is mandatory in order to avoid ambiguities. “The goal of the law is to protect buyers of real estate in front of a coercive situation”, it said. In addition, the reduction of the acquisition is to facilitate in addition to the cost of education from residential property. (Display)
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The real estate Association IVD, representing, among other brokers, had welcomed the law. This will reinforce the “mission statement of the real estate broker who acts as an Intermediary between the seller and the buyer.” In addition, the ordering principle, the “would have had a mandatory one-sided representation of interests to a result issued”, a rejection.
the seller may fear the cost, secretly, but buyers under cheer
The Bauherren-schutzbund, however, that the seller charged the cost for the broker on the price. Such entrainment effects, have it in built-up areas when baukinder money, criticized Director Florin Becker recently. The division of brokerage costs is only a first step in the relief of real estate buyers. With the FOCUS Online loans comparison (display) Now follow-on funding
He set facilities proposed in the land transfer tax, since 2006, of the States of charge. Since 2010, the revenue from this tax would be tripled. Depending on the Region, up to 6.5 percent of the purchase price would be as an acquisition tax is due. “The countries have benefited by the steady increase in the transfer tax significantly from the real-estate boom,” argued Becker.
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