Italian Estate Agents
 

Hi All, long time no see.

Can anyone please tell me how much an Italian estate agent charges for advertising and selling a house? Maybe a percentage...

Thanks

Pecora Nera

Re: Italian Estate Agents
 

It varies, we found in our area most were 3-4% charged to both buyer and seller.... Most had a minimum charge.

Re: Italian Estate Agents
 

Many thanks

Re: Italian Estate Agents
 

I charge between 2 and 3% depending on the contract and price. Other agencies in my zone charge 3 or 4. one will charge 6 if he thinks he can get away with it. It will be % plus IVA - unless it is explicitly stated. Most agencies have a minimum charge.

Re: Italian Estate Agents
 

I am surprised you can undercut your competitors. There seem to be lots of price fixing cartels in Italy.

Re: Italian Estate Agents
 

Here there's nothing like that - at least not formally. But as most agencies are walking on eggshells as far as their legality, they're not really in a postiion to start kicking up rough with a legal one.....

Re: Italian Estate Agents
 

i sold my house in Rome last December, the agency initially asked for 2.5% and i negotiated it down it down to 1.2%, it may be that the sale price is a factor in that the effort involved is similar to sell a €100,000 house as a €1,000,000 house, there is a lot of competition between agencies, once word got around agencies were calling me and even cold calling at the door to get the business, one agency quote a €500 flat rate.

Re: Italian Estate Agents
 

500 euros! thats not even 200 euros in his pocket!

Re: Italian Estate Agents
 

i didn't go for the €500 flat rate as i could see that it was too good to be true and therefore probably was etc. didn't trust him really, it took me a year to sell mostly due to COVID lockdowns etc and me being marooned in UK for best part of a year. the old practice of 4% both sides was clearly a rip off as well