Monday, March 31, 2008

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ANSWERING QUESTIONS TO READERS OF THE BLOG: PROJECT HIGHLIGHTS


Regarding the questions:

1) The fee charged by real estate brokers in Chile:

This circumscribed by custom, so it usually receives:

A) sales: 2% plus VAT of the same buyer and seller.

B) In leases: 50% plus VAT of rent that is charged (one time) to the landlord and tenant (this may vary if a commercial property or if the lease is for more than two years, all depends on what to establish the order of the broker or discuss what the parties).

In many cases can discuss these fees.


2) The real estate broker is an intermediary between the parties:

His work is mostly done as a link between stakeholders in concrete business. It should also encourage their clients properties have delivered for sale or lease.

As you know, there are runners and joggers. The truth is that this work involves more tasks, eg the property tax, publish, offer, make a liaison with stakeholders, set up contracts, attend business closures, assembling folders of titles, request documents, accompany firms contracts, etc ...

Today there are advanced course in which they can learn the core subjects of this profession.

3) Real Estate Portal:

page is an excellent real estate information, and also serves to provide properties (by the broker if the owners also direct).

What often happens is that a person gives his property to various brokers, which may post the property at different prices (which is not a good management), and may also differ in meters of the property. Remember

meters will always approximate, unless a certificate is requested final acceptance to the respective municipality.

4) Applying a Discount:

You know, the vast majority of people put in selling a property is willing to negotiate, since it is almost a law of that bargain market that takes place (much like when buying a car).

the end, both the seller and the prospective buyer know in advance of these offers and counter offers.

I always recommend to potential property seller to 5% or 8% percent more expensive (on the market price that we set, which is very important, because the properties are worth what they are but by the market and not under emotional value that has its owner). Meanwhile

is normal that the potential buyer makes an initial offer of 5% or 10% below list value. Hence

leave the negotiation.

greets you;

Francisco.

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