Fee models
The fee may be a percentage of the debt-free sale price, a fixed amount or a combination. A minimum fee may also apply.
What the fee includes
Typical services include valuation, sales material, advertising, viewings, offer negotiations and transaction preparation. Photography and document costs may be separate.
Payment
The seller normally pays the fee at or after closing, according to the assignment agreement.
Frequently asked questions about real-estate agencies
What does a real-estate agent do?
An agent values the property, prepares sales material, markets the home, arranges viewings, handles offers and prepares transaction documents.
How should I choose a real-estate agent?
Compare local experience, qualifications, working methods, the marketing plan and the fee. Meet more than one agent before signing an assignment.
How much is a real-estate agent’s fee?
The fee may be a percentage of the sale price, a fixed amount or a combination. Ask for a written offer showing VAT and other costs.
Can I sell a home without an agent?
Yes. The seller then handles pricing, documentation, disclosure duties, marketing and the practical transaction process.
When is a public purchase witness required?
A witness is generally required for a paper transfer of real property. A witness is not required for a sale of housing-company shares.