Which are the 20 biggest Hungarian estate agencies?
Feb 1st 2018, 8:42 pm
#1
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Which are the 20 biggest Hungarian estate agencies?
Which are the 20 biggest Hungarian estate agencies and which are the best of them in terms of acting honourably? Please provide URLs.
Is Selogerhongrie any good? My Chrome browser states that it is dangerous, although before this warning occurred I had viewed it for a few months.
Are all the best estate agencies that deal in Hungarian property actually Hungarian or are there some that are part of a worldwide group that are good?
Is Selogerhongrie any good? My Chrome browser states that it is dangerous, although before this warning occurred I had viewed it for a few months.
Are all the best estate agencies that deal in Hungarian property actually Hungarian or are there some that are part of a worldwide group that are good?
Feb 2nd 2018, 8:05 am
#2
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Re: Which are the 20 biggest Hungarian estate agencies?
I have heard too many stories about estate agents to have a good opinion of any of them. You have to remember that Hungary does not have the consumer protection laws or the trades description regulations that the UK enjoys and the Hungarian legal system is very unfriendly when it comes to making any claims (for anything!)
Estate agents work first for themselves, secondly for the seller and the buyer is the cash cow so it is very much a case of buyer beware, not only for the agent but for the property as well.
Also when you buy a property do not expect the solicitor (or anyone else) to do the searches that are needed before a property is purchased. Searches are down to the purchaser to either do or find someone to do for them. The most solicitors do is to ensure that the title as defined in Land Office is correct and the property is not mortgaged. Loans against the property should be covered off by a statement in the contract from the seller to the effect that the property has no encumbrances. If a motorway is planned for the bottom of the garden then no one is going to find out on behalf of the buyer as part of the routine work, that's down to the buyer to ascertain.
Estate agents work first for themselves, secondly for the seller and the buyer is the cash cow so it is very much a case of buyer beware, not only for the agent but for the property as well.
Also when you buy a property do not expect the solicitor (or anyone else) to do the searches that are needed before a property is purchased. Searches are down to the purchaser to either do or find someone to do for them. The most solicitors do is to ensure that the title as defined in Land Office is correct and the property is not mortgaged. Loans against the property should be covered off by a statement in the contract from the seller to the effect that the property has no encumbrances. If a motorway is planned for the bottom of the garden then no one is going to find out on behalf of the buyer as part of the routine work, that's down to the buyer to ascertain.
Feb 2nd 2018, 9:35 am
#3
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Re: Which are the 20 biggest Hungarian estate agencies?
We bought through OTP ingatlanpont in Budapest, no problems at all. We also dealt with another small Agent, can't remember the name, seemed ok just didn't manage to find us the right property. Having said that I think all estate agents are nefarious, wherever they are!
Feb 2nd 2018, 9:52 am
#4
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Re: Which are the 20 biggest Hungarian estate agencies?
Bought my apartment in 2014 from Home & People. Never had a problem with them and they were/are a big enough company to advertise on buses, etc. I did have my HU GF at my side though, and that can make a big difference in terms of how you are treated. So as always, I would suggest you take a Hungarian along with you when dealing with estate agents and viewing properties. Helpers may be a good place to start if you know no Hungarians. There fees are reasonable.
Feb 2nd 2018, 9:55 am
#5
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Re: Which are the 20 biggest Hungarian estate agencies?
Bought my apartment in 2014 from Home & People. Never had a problem with them and they were/are a big enough company to advertise on buses, etc. I did have my HU GF at my side though, and that can make a big difference in terms of how you are treated. So as always, I would suggest you take a Hungarian along with you when dealing with estate agents and viewing properties. Helpers may be a good place to start if you know no Hungarians. There fees are reasonable.
Feb 2nd 2018, 2:06 pm
#6
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Re: Which are the 20 biggest Hungarian estate agencies?
Crooks. And my sister-in-law is an estate agent!!!!
Some of the prices in Pest Megye even are mental for what you get even compared to a few years ago. Budapest is just silly. It's just not reasonable value for money any more when you compare the actual properties to the price being asked.
Some of the prices in Pest Megye even are mental for what you get even compared to a few years ago. Budapest is just silly. It's just not reasonable value for money any more when you compare the actual properties to the price being asked.
Feb 2nd 2018, 2:40 pm
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Re: Which are the 20 biggest Hungarian estate agencies?
In the event of it being impossible to create a list of totally honourable Hungarian estate agencies could there be a list created of the least dishonourable beginning with the least dishonourable one of all?
Feb 2nd 2018, 3:41 pm
#8
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Re: Which are the 20 biggest Hungarian estate agencies?
Estate agents will typically tell you what you want to hear !! (rather than what you should be told!)
Decide what you want and where you want it then drive around looking for 'elado' signs. Use the internet to compare prices and ask locally (take a Hungarian with you) so that you know what to expect before you even go near an estate agent.
Consider getting a structural survey before signing contracts. The construction methods here are very different to that of the UK and some of the older properties, especially those built of adobe bricks, can look very good when freshly decorated but if they are not done with due consideration to the construction type they can cost a fortune down the line.
Feb 2nd 2018, 3:43 pm
#9
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Re: Which are the 20 biggest Hungarian estate agencies?
I think your best approach is to go in with your eyes open and your wallet shut !!
Estate agents will typically tell you what you want to hear !! (rather than what you should be told!)
Decide what you want and where you want it then drive around looking for 'elado' signs. Use the internet to compare prices and ask locally (take a Hungarian with you) so that you know what to expect before you even go near an estate agent.
Consider getting a structural survey before signing contracts. The construction methods here are very different to that of the UK and some of the older properties, especially those built of adobe bricks, can look very good when freshly decorated but if they are not done with due consideration to the construction type they can cost a fortune down the line.
Estate agents will typically tell you what you want to hear !! (rather than what you should be told!)
Decide what you want and where you want it then drive around looking for 'elado' signs. Use the internet to compare prices and ask locally (take a Hungarian with you) so that you know what to expect before you even go near an estate agent.
Consider getting a structural survey before signing contracts. The construction methods here are very different to that of the UK and some of the older properties, especially those built of adobe bricks, can look very good when freshly decorated but if they are not done with due consideration to the construction type they can cost a fortune down the line.
Having a Hungarian there is the best advice. Indeed I just sent my wife in alone and the difference can amazing!
Feb 5th 2018, 2:32 pm
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Re: Which are the 20 biggest Hungarian estate agencies?
If I like a house such that I will buy it if the furniture is included in the price can I get that clause put into the sale contract or is this so rarely done that folk are not familiar with the practice, the contract is completely standard and cannot be altered? Has anyone got a contract altered to include anything extra in the negotiated price. If so, has it worked with no problems? What is the remedy for non compliance with this part of the contract?
Feb 5th 2018, 2:37 pm
#11
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Re: Which are the 20 biggest Hungarian estate agencies?
If I like a house such that I will buy it if the furniture is included in the price can I get that clause put into the sale contract or is this so rarely done that folk are not familiar with the practice, the contract is completely standard and cannot be altered? Has anyone got a contract altered to include anything extra in the negotiated price. If so, has it worked with no problems? What is the remedy for non compliance with this part of the contract?
Feb 5th 2018, 3:38 pm
#12
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Re: Which are the 20 biggest Hungarian estate agencies?
I found this to be based on price and word of mouth depending on the circumstances/agreement/contract.
In other words: You would want to put furniture into a contract because if you have paid its value price of 1 million huf (around 3,000 gbp) for example in the sale price (so the furniture will be yours) and then someone does not honour that agreement......
On the other hand: I had my front door replaced whereby the owner charged me for the front door in the sale price but then told me, lawyer and witnesses he would fit the door himself (he was a builder); which he honoured.
I was also promised by verbal contract a clean out of old furniture (i.e. bath, bed, cupboards, etc) and rubbish, which the owner half-did (he cut corners to save money). I even did some of the work myself (thinking: If you need a job doing properly, do it yourself). No fuss was made about the cutting of corners, and I would buy another property off the same owner again, but I would not ask him to help with any clean up/rubbish disposal.
The cutting of corners was things like putting big rubbish into the domestic dustbins around the housing estates and them saying "we are busy this week", meaning "but we will be available when you are in the UK"
As always, you learn by experience and therefore have to put certain Hungarian ways down to experience too. You also have to be in Hungary, if possible, to watch over any property sale, renovation projects, etc. Or get a trustworthy Hungarian to be your project manager, eyes and ears.
In other words: You would want to put furniture into a contract because if you have paid its value price of 1 million huf (around 3,000 gbp) for example in the sale price (so the furniture will be yours) and then someone does not honour that agreement......
On the other hand: I had my front door replaced whereby the owner charged me for the front door in the sale price but then told me, lawyer and witnesses he would fit the door himself (he was a builder); which he honoured.
I was also promised by verbal contract a clean out of old furniture (i.e. bath, bed, cupboards, etc) and rubbish, which the owner half-did (he cut corners to save money). I even did some of the work myself (thinking: If you need a job doing properly, do it yourself). No fuss was made about the cutting of corners, and I would buy another property off the same owner again, but I would not ask him to help with any clean up/rubbish disposal.
The cutting of corners was things like putting big rubbish into the domestic dustbins around the housing estates and them saying "we are busy this week", meaning "but we will be available when you are in the UK"
As always, you learn by experience and therefore have to put certain Hungarian ways down to experience too. You also have to be in Hungary, if possible, to watch over any property sale, renovation projects, etc. Or get a trustworthy Hungarian to be your project manager, eyes and ears.
Feb 5th 2018, 4:40 pm
#13
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Re: Which are the 20 biggest Hungarian estate agencies?
If I like a house such that I will buy it if the furniture is included in the price can I get that clause put into the sale contract or is this so rarely done that folk are not familiar with the practice, the contract is completely standard and cannot be altered? Has anyone got a contract altered to include anything extra in the negotiated price. If so, has it worked with no problems? What is the remedy for non compliance with this part of the contract?
There are rules about what should be left e.g. plugs and light switches should be left and electric wires must not be left bare. In older houses there are not often fitted kitchens so don't expect much left there (and that includes the sink). It is best to get listed either in the contract of separately what will be left/taken but if it is not followed forget about claiming because the legal system is too cumbersome to cope and what goes for a small claims court isn't worth a light.
Feb 5th 2018, 6:09 pm
#14
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Re: Which are the 20 biggest Hungarian estate agencies?
I found this to be based on price and word of mouth depending on the circumstances/agreement/contract.
In other words: You would want to put furniture into a contract because if you have paid its value price of 1 million huf (around 3,000 gbp) for example in the sale price (so the furniture will be yours) and then someone does not honour that agreement......
On the other hand: I had my front door replaced whereby the owner charged me for the front door in the sale price but then told me, lawyer and witnesses he would fit the door himself (he was a builder); which he honoured.
I was also promised by verbal contract a clean out of old furniture (i.e. bath, bed, cupboards, etc) and rubbish, which the owner half-did (he cut corners to save money). I even did some of the work myself (thinking: If you need a job doing properly, do it yourself). No fuss was made about the cutting of corners, and I would buy another property off the same owner again, but I would not ask him to help with any clean up/rubbish disposal.
The cutting of corners was things like putting big rubbish into the domestic dustbins around the housing estates and them saying "we are busy this week", meaning "but we will be available when you are in the UK"
As always, you learn by experience and therefore have to put certain Hungarian ways down to experience too. You also have to be in Hungary, if possible, to watch over any property sale, renovation projects, etc. Or get a trustworthy Hungarian to be your project manager, eyes and ears.
In other words: You would want to put furniture into a contract because if you have paid its value price of 1 million huf (around 3,000 gbp) for example in the sale price (so the furniture will be yours) and then someone does not honour that agreement......
On the other hand: I had my front door replaced whereby the owner charged me for the front door in the sale price but then told me, lawyer and witnesses he would fit the door himself (he was a builder); which he honoured.
I was also promised by verbal contract a clean out of old furniture (i.e. bath, bed, cupboards, etc) and rubbish, which the owner half-did (he cut corners to save money). I even did some of the work myself (thinking: If you need a job doing properly, do it yourself). No fuss was made about the cutting of corners, and I would buy another property off the same owner again, but I would not ask him to help with any clean up/rubbish disposal.
The cutting of corners was things like putting big rubbish into the domestic dustbins around the housing estates and them saying "we are busy this week", meaning "but we will be available when you are in the UK"
As always, you learn by experience and therefore have to put certain Hungarian ways down to experience too. You also have to be in Hungary, if possible, to watch over any property sale, renovation projects, etc. Or get a trustworthy Hungarian to be your project manager, eyes and ears.