Maggie Posted June 29, 2009 Share Posted June 29, 2009 just a really quick question, we have put a French apartment on the market with a French agency, will we have to pay a notaire again as well as the agency fees when we sell? All the books I have tell you about buying, but not much about how to sell. Link to comment Share on other sites More sharing options...
Benjamin Posted June 29, 2009 Share Posted June 29, 2009 Buyer pays the Notaire. Link to comment Share on other sites More sharing options...
nectarine Posted June 29, 2009 Share Posted June 29, 2009 no, the buyer pays the notaire but be prepared for a buyer to try to negotiate and ask you to split the fee so that they can buy your property cheaper. It's a common request now, and quite legal to ask, but if they don't ask then don't offer! Link to comment Share on other sites More sharing options...
Benjamin Posted June 29, 2009 Share Posted June 29, 2009 [quote user="nectarine"]no, the buyer pays the notaire but be prepared for a buyer to try to negotiate and ask you to split the fee so that they can buy your property cheaper. It's a common request now, and quite legal to ask, but if they don't ask then don't offer![/quote]Fairly insulting posting to a very simple and straightforward question.To insinuate that Maggie isn't aware that she may have to negotiate on her asking price. Whether or not this is a straight reduction in the price, getting the agency to reduce their commission and reducing the selling price indirectly, throwing in some furniture or even asking for a reduction in price as a contribution towards the Notaires' fees doesn't alter the fact that the buyer pays. End of. Period. Link to comment Share on other sites More sharing options...
Patf Posted June 29, 2009 Share Posted June 29, 2009 Yes but......If the seller is liable for capital gains tax doesn't he/she have to pay that? Arranged by the notaire and deducted from the sale price.The seller also has to pay for checks on lead, asbestos, parasites etc tests plus electric wiring checks and a fosse report. Which all end up as reports on the Acte de Vente.I believe there is also a temporary retention of funds if the seller is leaving France, to cover any unexpected expenses.So there are less obvious legal costs for the seller. Link to comment Share on other sites More sharing options...
Chancer Posted June 29, 2009 Share Posted June 29, 2009 [quote user="Benjamin"][quote user="nectarine"]no, the buyer pays the notaire but be prepared for a buyer to try to negotiate and ask you to split the fee so that they can buy your property cheaper. It's a common request now, and quite legal to ask, but if they don't ask then don't offer![/quote]Fairly insulting posting to a very simple and straightforward question.To insinuate that Maggie isn't aware that she may have to negotiate on her asking price. Whether or not this is a straight reduction in the price, getting the agency to reduce their commission and reducing the selling price indirectly, throwing in some furniture or even asking for a reduction in price as a contribution towards the Notaires' fees doesn't alter the fact that the buyer pays. End of. Period.[/quote]That was a bit strong wasnt it Benjamin?I read neither insult nor insinuation, and as for "the fact that the buyer pays, End of, Period, did Nectarine not say exactly that but in less forcefull language?Your posting may result in Nectarine or others think twice before responding to a posting asking for information. Link to comment Share on other sites More sharing options...
Rose Posted June 29, 2009 Share Posted June 29, 2009 [quote user="Benjamin"]Fairly insulting posting to a very simple and straightforward question.To insinuate that Maggie isn't aware that she may have to negotiate on her asking price. Whether or not this is a straight reduction in the price, getting the agency to reduce their commission and reducing the selling price indirectly, throwing in some furniture or even asking for a reduction in price as a contribution towards the Notaires' fees doesn't alter the fact that the buyer pays. End of. Period.[/quote][Www] maybe it's the hot weather? I didn't read anything wrong with Nectarine's reply [:$] Link to comment Share on other sites More sharing options...
Ron Avery Posted June 29, 2009 Share Posted June 29, 2009 Perhaps Nectarine should explain how she knows its a common request now to split the fees. That is based on selling how many homes in France exactly? If Mrs Will had posted that it might have some more credibility. Link to comment Share on other sites More sharing options...
Benjamin Posted June 30, 2009 Share Posted June 30, 2009 [quote user="Benjamin"]Buyer pays the Notaire. [/quote]Which bit of this didn't you understand? Link to comment Share on other sites More sharing options...
Chancer Posted June 30, 2009 Share Posted June 30, 2009 Benjamin.Might I politely suggest that given the timings of the postings, when Nectarine wrote "No the buyer pays the notaire..........." she was replying to the OP's question not responding to your posting made at the same time saying exactly the same thing. Link to comment Share on other sites More sharing options...
Ron Avery Posted June 30, 2009 Share Posted June 30, 2009 [quote user="J.areRs gone native"] Benjamin.Might I politely suggest that given the timings of the postings, when Nectarine wrote "No the buyer pays the notaire..........." she was replying to the OP's question not responding to your posting made at the same time saying exactly the same thing.[/quote] JR may I politely suggest that you don't know what you are talking about, the posts were 20 minutes apart. Why not let Nectarine speak for herself, she had enough to say about the BNP without your help[blink] Link to comment Share on other sites More sharing options...
Babbles Posted July 1, 2009 Share Posted July 1, 2009 Back to the thread, If its a second home you have to pay nearly 1 % of selling (price and doesn't relate to the difference in price from what you bought it for to what you sell it for) to have you capital gains calculated, and not everything that you think is deductible is, it really caught us out last year dearly to our cost as we found out after we had accepted an offer. Link to comment Share on other sites More sharing options...
Benjamin Posted July 1, 2009 Share Posted July 1, 2009 [quote user="Babbles"] If its a second home you have to pay nearly 1 % of selling (price and doesn't relate to the difference in price from what you bought it for to what you sell it for) to have you capital gains calculated,[/quote]Put your figures together, take them down the Trésorerie, get them to agree the figures and then show them to the Notaire. Nothing to pay. The charge that you suffered is merely an insurance premium protecting the Notaire. Link to comment Share on other sites More sharing options...
Chancer Posted July 1, 2009 Share Posted July 1, 2009 [quote user="Ron Avery"][quote user="J.areRs gone native"] Benjamin.Might I politely suggest that given the timings of the postings, when Nectarine wrote "No the buyer pays the notaire..........." she was replying to the OP's question not responding to your posting made at the same time saying exactly the same thing.[/quote] JR may I politely suggest that you don't know what you are talking about, the posts were 20 minutes apart. Why not let Nectarine speak for herself, she had enough to say about the BNP without your help[blink][/quote]Peace be with you Ron [kiss]J.areRs gone native Link to comment Share on other sites More sharing options...
danny Posted July 22, 2009 Share Posted July 22, 2009 The payment of the 1% is illegal under EU laws and does not have to be paid. Link to comment Share on other sites More sharing options...
Sunday Driver Posted July 22, 2009 Share Posted July 22, 2009 Which EU laws say that and where is it set down in French law that you don't have to pay? Link to comment Share on other sites More sharing options...
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