Is a broker commission payable if the intention to purchase was known beforehand?

  • Erstellt am 2024-03-15 01:33:26

nordanney

2024-03-15 11:43:11
  • #1
That sounds different already. It is funny - because the story sounds different now than it was described at the beginning. So (before 2020 still allowed) implied conduct. Bad luck - you should have just called the agent directly and told him that you already knew the house and the planned sale, and the matter would have been settled. Proof is simple. But no matter. Lesson learned - and exactly for this reason, such things have been explicitly excluded by the legislator for now 4 years. And my statement that, as a buyer, the contract between the agent and seller is totally irrelevant to you, was correct then and still is today.
 

11ant

2024-03-15 15:10:26
  • #2

However, the legislator measures its own actions by a different standard, because:

... sounds like the recipe for "the state makes a contract with its broadcasting corporation that you have to pay a residence tax to the GEZ." Violates the same principle, yet it is still practiced.

But back to the topic of the original poster:

So both parties of the deal know each other and just want to misuse an agent as a "neutral third party" to determine a fair purchase price. That would be fraud if the agent were deceived about his role in this charade and assumed he is supposed to act in his professional capacity.

Apart from the fact that a kilo of sugar (= 336 cubes) costs less in retail than going to a café 168 times because of the free two-cube sugar packet given with coffee, I would never ever consider a real estate agent even remotely competent to appraise a value. You might as well discuss colors with the blind. What you plan to do is child’s play according to the fools’ tradition.


With this "method" agents burn properties and collectively destroy entire markets.
There are indeed experts for real estate valuation as an independent profession, and I would advise commissioning such an expert here (together!). Some of them even work as agents at the same time (and as such spoil the already hard-earned reputation of the industry as the most incompetent of all black sheep).

If I were the seller in this concrete case, I would suggest the following two ways to the original poster as a buyer:
A. He is my favorite buyer, I want to make the deal with him at all costs, he should ultimately get the house and be my only interested party outside of competition: then we commission the expert jointly, only as appraiser; or
B. He is "only" my favorite buyer, but other interested parties should also have a chance at the deal – then I may possibly receive a higher offer from someone else for the house, he just has the "home advantage" of knowing about the opportunity first and knowing the property best: then I commission the expert alone as appraiser and agent.

The nonsense, however, of the seller and buyer secretly agreeing to misuse an agent deceived about his atypical role as an appraiser to shortchange his usual commission, is not only improper but, in my opinion, also punishable. It would thus be a fraudulently obtained service and, by thwarting the usual remuneration, cause a financial loss. I would consider §263 of the German Criminal Code (StGB) responsible here (opinion – not legal advice!) with the consequence of imprisonment of up to five years. So a costly prank.
 

ypg

2024-03-15 17:03:20
  • #3

No, exactly not. They want to earn the commission. If the house is overpriced, they won't sell it on the market and earn nothing. And for serious brokers, it is an effort to manage a property.
I once worked for various brokers (photography), and each independently said at the assignment that they still had to move the price somewhat toward the market. The owners think they have something great. They then want to add the 10-year-old bathroom renovation and some extras because it was invested money for them.


No. Guess how many advertising cards from brokers land in all our single-family house mailboxes throughout the year, advertising free market and value assessments? They do that… and sometimes over a cup of coffee a broker contract emerges. But it doesn’t have to.
 

nordanney

2024-03-15 17:14:06
  • #4
Just as a side note: There is a law for that. Just like for every tax, etc. The real estate brokerage business is no different – legal regulations. You have to adhere to them or comply with them. And if you do something "wrong" out of ignorance, either the GEZ will come to your home or in the case of the broker fee you just have to pay. You can also be exempted from income tax or the broadcasting fee in certain cases – it is no different with the broker fee (prior knowledge). If he didn’t have his own account in mind, he could estimate competently... But regularly, he is not the right contact for the mentioned purpose. You just have to look up in I-Scout how prices are falling there. So much for neutral valuation.
 

sgrund1

2024-03-15 17:29:22
  • #5
Where can one find neutral appraisers for the valuation? Are there lists by postal code? I would then recommend that to the seller.
 

ypg

2024-03-15 17:39:44
  • #6
Experts and appraisers from the construction sector.
 

Similar topics
04.11.2012Expert despite TÜV approval?13
27.04.2013Existing property purchase: Process after viewing? Information at the office?12
21.03.2015Property and Real Estate Agent16
26.10.2015Have the house inspected by a professional / expert?12
02.12.2015Negotiate commission?22
14.12.2015Expert discovers defects in the basement. What to do?11
30.06.2016Existing property - appraiser, financing, negotiating...17
05.10.2016Apartment sale through an agent - what to pay attention to?27
04.05.2021Broker for owners - benefits / advantages?153
01.08.2018Construction company demands extra costs due to cooperation with appraiser21
02.10.2018Negotiation strategy with the agent and the seller40
24.04.2020How do brokers negotiate the purchase price?43
02.02.2020Payment plan (Broker and Developer Regulation) and Developer's payment plan10
24.06.2021The broker does not take a clear stance on financing. How to behave?42
13.01.2021Broker fraud or tax evasion?63
19.07.2021Is the broker contract legal?11
28.01.2022Apartment sale - agent search order, still commission for the seller?11
27.01.2024House purchase through agent, now contract terminated18
15.02.2024Close with a different selling price than discussed with the broker?35

Oben