The draft law on real estate agent commission when selling real estate stipulates that the commission must be paid by the person who hired the real estate agent. Usually this is the seller. This should relieve buyers. The Ministry of Justice and Consumer Protection expects a relief of up to three billion euros. The ministerial draft is currently being voted on and there are various discussions. Broker associations are predominantly critical of the ordering principle. You fear a loss of sales. These could result from the fact that sellers would employ fewer brokers or could negotiate a lower commission with the broker. In addition, the purchase could also become more expensive if sellers add the broker’s commission or part of it to the purchase price, so an argument of broker associations.
What does the draft law provide for the buyer principle when buying real estate?
Probably the most obvious cause for hiring a actual estate attorney whenever you already have a actual estate agent/broker is that the latter isn’t an attorney! Not only can a