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Looking for property for sale in France? Here are Seven Ways to Save!

If you are searching for property for sale in France, it is a good idea to also think about how you will attack the problem of finding the right house at the right price. Looking at the enormous offer of property for sale in France, you will soon find that the prices are wildly different from one area to the other. And of course also the state of the property has a lot to do with the price. Other factors that influence the price are costs and commissions for professionals in real estate (agents immobiliers), and of course your negotiating skills. In this article I’d like to go into the different ways there are to save money on buying a house in France. Having extensive experience in buying property in France myself, I – ahum – consider myself somewhat of an expert. Even though I’m still a lousy negotiator. But you know the old adage: those who can’t, teach. So here are my tips.

  1. Look for property for sale in France’s less popular regions

Property for sale in France (Tournus)France has a lot of popular regions. Places where ‘everyone’ wants to buy a house. You’ll find large concentrations of British there, who’ve all heard from each other how great it is where they have bought their property in France. Unfortunately, the popularity of these French regions has also influenced

Read moreLooking for property for sale in France? Here are Seven Ways to Save!

Immogo, the specialist in real estate communication

Onroerend goed-communicatie FrankrijkSelling a house is an art in itself. An important part of the job is real estate communication. For houses in France this is a lot more complex than in many other European countries. The market in France is much less transparent, with real estate agents trying to outdo each other and also having to compete with both the notaries and their clients: the private sellers themselves. After all, many owners try to save 5 to 6% commission by finding a buyer themselves – without a broker.

As a result of the fierce competition between brokers, there is no site that – like for instance Funda.nl in the Netherlands – makes the market almost 100% transparent. Real estate agents do not want to share their portfolio online without restrictions, for fear that their competitors will try to poach their clients.

Real estate communication is too much of an investment

Another important problem is that brokers in France are not prepared to invest in their clients. With a few exceptions, especially in the higher price ranges. We can see the lack of motivation from the presentations that the real estate agents produce in the field of real estate communication. Poor pictures, brief descriptions, no presentation advice, for example with home styling. In other countries this is much more evolved. As a result, all the houses on sites outside of France are neatly arranged and super clean on the photo, with only tasteful (and noncommittal) art on the walls.

Why don’t the

Read moreImmogo, the specialist in real estate communication

Move to France – Cash in and check out… British are crossing the Channel

move to France buy a longere Move to France and live like a Burgundian… now this might be possible even with a limited budget. Especially in view of the still relatively modest property prices in France. In the more rural areas, a sum less than a 100,000 euros will get you a very charming independent home sitting on a nice piece of land. This while many people in the UK own a house that has become much more valuable in the past ten years. A surplus value of a few hundred thousand pounds is no exception! This is why more and more people decide: “Cash in and check out! We are moving to France!” They sell their old house and

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Selling a property in France. What do the notary and the broker cost, and who pays whom?

If you are selling a property in France, the notary costs will be charged to the buyer. These costs are around 7 to 8% and consist largely of taxes. The notary himself is only allowed to keep a small portion of these fees. So he does not really earn a lot. Unless you’ve given the notary an official sales mandate and he actually comes up with the final buyer. In that case you as a seller will have to pay him an extra 3%… the so-called ‘frais de négociation’. The mandatory part, i.e. the fixed notary fees, is calculated as a percentage of the selling price. You can check the amount using the french notary fee calculator on Immonot.com.

The real estate agent in France, on the other hand, is paid by the seller. If you put your house or other property in France up for sale with a estate agent and he (or she) finds a buyer for you, you yourself will have to pay the estate agent’s

Read moreSelling a property in France. What do the notary and the broker cost, and who pays whom?

Buying a house in France with or without real estate agent? An analysis.

Buying a house in France without a real estate agent?Are you buying a house in France, where real estate agents easily charge 5% and sometimes even more? Then it is certainly worth asking yourself whether you should  maybe buy a house without a real estate agent. Depending on the selling price, the brokerage fees can add up considerably. The average price of a house in France is between 200,000 and 300,000 euros. So, at a commission rate of 5% you pay a brokerage fee of many thousands or euros. Of course, in itself it might not be a bad thing to pay a specialist for doing his or her job, as long as that job means that the numbers still add up. The question is what precisely a real estate agent does for

Read moreBuying a house in France with or without real estate agent? An analysis.