According to the law, the person who pays the commission to the real estate agent is the person. Who hired his services, and in most cases it is the seller/owner of the property who makes this contract. But it may also happen that the commission is remove from the amount paid by the property buyer. In all cases. It is mandatory that the documents formalizing the sale specify. The values of the property and the broker’s commission, so that there is no misunderstanding between the parties or their responsibilities. When is the realtor commission paid. The commission must be paid after the purchase and sale /rental contract is signe, or after the real estate agent proves that he brokere the sale of the property. If applicable, the rental of the property.
According to Article 725 of Law No.
The Civil Code , the real estate broker’s or real estate agency’s commission must be paid when. The remuneration is due to the broker once he has achieve. The result foreseen in the mediation contract, or even if this is not effective due to the parties’ regrets.” Therefore, the ideal is for the real estate agent to have all negotiations recordd. Whether South Africa Phone Number Data through messages, emails, property visit form , purchase or rental proposal, among other documents that can be use as proof that their work was carrie out correctly. Read the article: How to guarantee your real estate brokerage fees. The realtor’s commission percentage: real estate brokerage commission In general, according to CRECI-SP , the real estate agent’s commission is 6%, but it depends on the type of property being sold.
According to the CRECI-SP table
The percentages are as follows: Sale. For urban property sales: 6% to 8% For rural property sales: 8% to 10% For industrial property sales: 6% to 8% For judicial sale: 5% Rent: For property rentals. Equivalent to the value of 1 rental For seasonal rentals, with Spain Phone Number List a term of up to 90 days: 30% of the amount receive. Asset and real estate administration: rent and charges: 8% to 10% (with a minimum value of R$50.00). For real estate portfolios exceeding R$100,000.00 the commission will be between 5% and 10%. Real estate developments: sale of real estate projects: 4% to 6%. Allotments: study and sales organization (urban areas): 6% to 8%; study and sales organization (rural areas): 6% to 10%; Administration.
