Avoid broker fees?

  • Erstellt am 2015-07-07 21:30:08

toxicmolotof

2015-07-08 08:26:47
  • #1


That's right, definitely not just anyone, unless the broker was really called that. The land registry office will provide the information as soon as there is a legitimate interest. And proving that will certainly not be difficult for the broker. Alternatively, he could try it through the building authority/cadastral office or similar, as they also know the owner after a certain amount of time.
 

Bau.Joe

2015-07-08 09:27:10
  • #2
I have no problem paying a person fairly for their performance. But he almost prevented the purchase. He did not do his part: to clarify in advance whether our desired amount fits, it was 154,000 to 140,000. He always said he works for me because I pay him. The next day he took another client to the property and then advertised that the client would pay more and that the owner should sell it to him. With that, he clearly acted against my interests.

One idea would be that my partner buys the property. He did not bring her in, he does not have her name or address. The question is how we handle that with the land register or the loan.

And again. I pay every person what they deserve. But the broker rather hindered the purchase than contributed to it.
 

Uwe82

2015-07-08 09:46:53
  • #3
I don’t want to speak against you now, but that is your point of view and therefore subjective. However, the agent has already done his job by putting you in contact with the owner and must be compensated for it.

I wouldn’t want to take that risk. Either bite the bullet or look for another property.

Well, an agent is usually not liable for his statements about a property, so ...

We also considered selling our apartment through an agent, but they all would have taken at least €10,000 in total and we would have only realized the true effort after the contract was signed. That is the fundamental problem. Therefore, we sold it ourselves via ImmoScout. One month listing, three hours of work for the listing (including photos over several days so that everything unwanted could be cleared away) and 12 viewings were needed. One week before the listing expired, we had three binding offers at the listed price. An agent would certainly have saved us one or two viewings, but that was worth the savings ;).
 

Voki1

2015-07-08 10:42:13
  • #4


This is all very confusing. Your information also raises more questions than would normally be necessary.

I still haven't understood who actually commissioned whom:



OK, you found it and did not just receive an address. This assumption becomes more concrete through:



So you did not commission the agent, but he either got involved on his own or was commissioned by the seller.



So you knew about the agent and also discussed the modalities of a possible purchase with him. This again looks as if the seller commissioned the agent.



I don’t understand that at all. I think you found a plot, probably received the address from the agent, arranged an appointment with him on-site. The agent was late to this appointment, and you had already talked well with the property owner. Anyway, somehow you were there and the agent apparently had not informed the seller about your intent to negotiate.



Was there a contract about negotiating the price with the seller? It sounds like you would not have done the meeting if the agent had not hinted at a possible price reduction. Did he say the seller would also sell for less?



There never is at this stage, since a property purchase requires a notarized purchase contract. Even if you had said "yes" at the meeting, it wouldn’t conclude the purchase.



That now sounds as if he did not commission the agent. That surprises me if an agent positions himself in front of the house and tries to offer it without being commissioned. Honestly, I cannot believe that.



Well, that is also his job, assuming the seller somehow did commission him after all, which I suspect.



Why would he want to do that if you want to pay less than the other interested parties might? Very strange, unless the other interested parties are just "straw men" to push you into buying.



Let me summarize my impression:

You contacted the agent and got the address of this property. The offered purchase price was too high and you thought there was room for negotiation. The agent was supposed to find out if the price could still be lowered.

The agent (business-minded) didn’t deny this but possibly indicated that price negotiations were possible. This led to an on-site appointment where the agent was not yet there. You talked nicely with the seller and the agent arrived later. Regarding the price, the seller was unprepared and probably (understandably) initially refused.

So there was no initial verbal agreement.

The agent then brought in another interested party and the seller contacted you directly, because he would rather forgo money and sell to you for less. Or he insisted on his price and said that though you were very likable, he would much rather sell to you. You could save on the agent’s commission since he had not signed a written contract with the agent, so you could sell to your wife without him (kind of secretly).

Honestly? If I got 5 euros for every such case, I could easily afford a wonderful trip to the Caribbean. You just want to avoid paying the agent’s commission, nothing more, nothing less.

I’ll keep my fingers crossed for your upcoming proceedings; the agent doesn’t need my support. ;)
 

Payday

2015-07-08 15:52:59
  • #5
I really can't stand real estate agents at all but in this case you can hardly get out of it. You shouldn't have asked for a brochure and also no address. If you had found the listing online, had known where it is and had gone there, the agent would have serious problems proving his work. (of course you say that you heard something here and there about the sales intentions)

If you really want the property, you should come to an agreement with the owner. Because he MUST have commissioned the agent and can at least partly pay the bill.
 

SirSydom

2015-07-08 16:04:20
  • #6


NO! The contract between broker and buyer can be concluded completely independently of the seller. Example: You commission a broker: look for a plot of land 600-800m² in the best location in Buxtehude. He finds one from a private seller, establishes contact and you buy. Commission is due.
 

Similar topics
06.12.2019Neighbors' bushes on our property...37
21.03.2015Property and Real Estate Agent16
12.10.2015Plot with some special features - various questions34
29.01.2016At what value is the property assessed during financing?24
16.09.2016False information about the property in the exposé39
05.10.2016Apartment sale through an agent - what to pay attention to?27
15.03.2017Questions about a possible plot!37
04.05.2021Broker for owners - benefits / advantages?153
02.10.2018Negotiation strategy with the agent and the seller40
07.02.2019Smaller plot - Is something feasible from it?19
27.02.2019Plot of land including turnkey house - experiences?46
24.04.2020How do brokers negotiate the purchase price?43
02.02.2020Payment plan (Broker and Developer Regulation) and Developer's payment plan10
22.11.2023Location of city villa or single-family house on 500 m2 plot - rectangular586
06.07.2020Finally a plot - Can we finance everything with EFH?72
24.11.2020Actually divide the property but both have the same building rights69
24.06.2021The broker does not take a clear stance on financing. How to behave?42
13.01.2021Broker fraud or tax evasion?63
24.11.2021Plot of land in sight - looking for tips, tricks, suggestions39
27.01.2024House purchase through agent, now contract terminated18

Oben