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Realtor commission

Only half of the real estate agents in Bonn pass the VAT cut on to their customers - but there is an even bigger annoyance….

22 December 2020 in Information for buyers, Information for sellers, Housing Economy Bonn / Rhein-Sieg

We were interested in how the real estate brokers in Bonn deal with the VAT reduction when it comes to brokerage fees. We also used Cologne offers for comparison. On November 01st, four months after the introduction of the VAT reduction, we therefore took a closer look at the offers for single and two-family houses in the large real estate databases. Around 50% of brokers in ...

Buyer principle for real estate sales - how the "GREENS" practice populism

19 December 2018 in General, Information for buyers, Information for sellers, Housing Economy Bonn / Rhein-Sieg

Federal Minister of Justice Katarina Barley is currently examining the expansion of the ordering principle for rentals, which has existed since 2015, to include real estate sales, and a draft bill should be available in the next few weeks. The introduction of the customer principle is intended to facilitate the acquisition of real estate, since the ancillary purchase costs in Germany are between 11 and 15% of the purchase price, depending on the federal state. Usually finance ...