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Re: Retirement [Re: barnacle] #1643734
22/08/2020 11:49
22/08/2020 11:49
Joined: Oct 2008
Posts: 6,783
In the coupe.
magooagain Offline
Club Member 259
magooagain  Offline
Club Member 259
Forum is my life

Joined: Oct 2008
Posts: 6,783
In the coupe.
Originally Posted by barnacle
Yes, no change till December I understand. Of course, the fee will still go on the house, and I'll end up paying it anyway. But the agent is acting for the seller, not for me, so why do I have to pay him? And why does a job that costs 1.2% (including the VAT) in the UK cost 7% in Germany? There are a couple of thousand houses for sale in the Berlin area but I'm not seeing much of this alleged market forces.



Like here in France it's the norm for the buyer to pay agent fee's etc.
There are many houses for sale here privately on selling websites and Facebook etc. I imagine the same in Germany.

Knock on doors if you see a private sale board on a house you like.



Re: Retirement [Re: jimboy] #1643736
22/08/2020 12:14
22/08/2020 12:14
Joined: Dec 2005
Posts: 21,482
Aldershot
PeteP Offline
Hon Club Member 005, Membership Secretary
PeteP  Offline
Hon Club Member 005, Membership Secretary
Forum Fossil

Joined: Dec 2005
Posts: 21,482
Aldershot
I remember when we bought our house in the Dordogne in 1971 there was a "prix principal" on the contract together with a separate agreed additional payment under the table .

This was usual practice at the time; the state wanted 10% of the transaction let alone agents and notaires fees..


16VT and X1/9 1500

We must all do our part for the planet.
I unplugged a row of electric cars that nobody was using.
Re: Retirement [Re: jimboy] #1643745
22/08/2020 15:22
22/08/2020 15:22
Joined: Dec 2005
Posts: 33,521
Berlin
barnacle Offline
Club Member 18 - ex-Minister without Portfolio
barnacle  Offline
Club Member 18 - ex-Minister without Portfolio
Forum Demigod

Joined: Dec 2005
Posts: 33,521
Berlin
I think that's what bugs me most: the listed price is always going to be fifteen percent less than you end up paying because of the agent's fee and the 6.5% transfer tax to the state.

And the agents make used car salesmen seem a model of probity: in recent weeks we have been offered:

- house with 8,000 square meters of land, but it turned out the land was leased from someone else
- house with 800 square meters of land, but 600 of that wasn't in the sale and would cost an additional 240k (actually, we were more interested in the land than the house when we found out)
- building plot of 800 square meters, but 200 meters was the access past the original land owner's house (he was basically selling his back garden for us to build on)

It's not that I mind - but basic lies like this help no-one, and just waste everyone's time.


[Linked Image]
Don't get no respect! Coupe Fiat 1994-2000 - an owner's guide <-- clicky!
Re: Retirement [Re: barnacle] #1643746
22/08/2020 15:38
22/08/2020 15:38
Joined: Mar 2008
Posts: 5,090
highlands
jimboy Offline OP
Club Member 857
jimboy  Offline OP
Club Member 857
Forum is my life

Joined: Mar 2008
Posts: 5,090
highlands
Bloody hell Neil, it’s times like this that makes our system almost fair.

We bought our house a long time ago in the early 80s for the pricely sum of £13000, our mortgage was eighty quid a month. Worked in the oil industry at the time and it was difficult to get a mortgage, could’ve had a bigger house and mortgage, but we had a social life as well, a good one at that. We missed the money downturn and we had a few grand to come to us, and ever since we have built extra to the house, now a four bedroom and two bathrooms both with showers. Been mortgage free for years now, but the bills for this that and another keep coming.

Last edited by jimboy; 22/08/2020 15:48.

I'm an old git & happy with it,most of the time
Re: Retirement [Re: jimboy] #1643764
23/08/2020 08:22
23/08/2020 08:22
Joined: Dec 2005
Posts: 33,521
Berlin
barnacle Offline
Club Member 18 - ex-Minister without Portfolio
barnacle  Offline
Club Member 18 - ex-Minister without Portfolio
Forum Demigod

Joined: Dec 2005
Posts: 33,521
Berlin
My parents' house on Skye was valued at nine quid, as I discovered when we were sorting things out after my father died last year.

The croft it stands on ran to five digits...

Neil


[Linked Image]
Don't get no respect! Coupe Fiat 1994-2000 - an owner's guide <-- clicky!
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