A real estate agent in France costs the seller between 4% and – in the case of cheaper houses – as much as 10% of the selling price. While in the Netherlands as a seller you only pay 1% to 1.5%. Why is the estate agent so expensive in France? Does he or she deliver so much more quality? The sales advertisements produced by the real estate agents do not reflect this. A superior quality is obviously not the reason for the high price of the French broker. We will gladly explain it to you.
‘MANDAT EXCLUSIVE’ – TIED TO ONE BROKER
If you hire a real estate agent in France, you have to sign a “mandat”. This is the official assignment for the real estate agent to sell the house. There are two types of ‘mandat’. A ‘mandat exclusif’ gives the real estate agent the exclusive right to sell the house.