The seller, whether selling privately or with an agency, must bear a series of costs for the sale of a house and in some cases he also has notary fees to bear. A first calculation could be this:
Costs for documents and their regularization: from €250
Taxes if speculative sale: 26% of the capital gain and 7% registry compensation
Notary fees: from €400 to €2,000 depending on the case and if due
Agency commission if any: 1% to 4% of the price
Out-of-pocket costs: on average €500 plus moving https://www.webuyhousestriad.com/
There is a widespread belief that in selling a house privately there is no cost. In reality everything you will read in this guide is to be taken into consideration. The only item possibly saved is that of the commission but even here the matter is more complex since you will have to add advertising costs, time for site inspections and for the management of contingencies.
The first piece of advice I leave you is to take a clear picture of your general situation before jumping into the sale, so as to properly evaluate the costs and benefits of your actions.
In fact, the latter take care of and completely manage any issue relating to the sale in a professional manner , reducing timing and finding the right price for your property (we are talking about experts who have a good knowledge of market needs).
Furthermore, often and willingly, buyers, for a matter of reliability, prefer homes sold through an agency rather than buying them from private individuals, since with them they have no guarantee of seriousness. However, beware of incompetent real estate agents: sometimes it may happen that the intermediaries are not so motivated in selling your property and this could be a disadvantage.
It is therefore clear that both sales methods have their pros and cons : choosing the right method depends above all on your desire to commit yourself or not to the matter. If you have free time and it doesn’t cost you any effort to deal with bureaucratic and legal issues, then private sale is right for you.
Conversely, if you are not willing, able or interested in DIY selling, then it is advisable to rely on professionals who will manage everything for you. It should also be remembered that selling through a real estate agency requires shorter times: if your goal is to sell as soon as possible, leave it to those in charge.