Frequently Asked Questions
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What is a flat hunter?
A professional who assists individuals or investors in finding suitable properties to purchase. Their primary role is to act as a representative and advocate for the buyer, working to identify properties that align with the buyer’s specific requirements and preferences.
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What is the difference between an flat hunter and a real estate agent?
A real estate agent has a listing inventory of apartments available for sale. Their primary goal is to find buyers for these listed properties. Unlike real estate agents, property hunters do not have a stock of apartments to sell. Instead, they work exclusively in the best interest of the buyer to locate and negotiate the purchase of properties that align with their requirements.
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Why a flat hunter work with real estate agents ?
Working with a real estate agent can be beneficial for several reasons: Access to off-market opportunities :Property hunters often have access to off-market properties or exclusive listings that may not be readily available to the general public Networking and industry connections: Real estate agents often have an extensive network of industry connections including other agents, brokers, lenders, and service providers.
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Should I pay application fees or an advance on fees?
There are no upfront payment or fees to be paid, the fees are due after signing the final contract with the notary
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How much does an apartment hunting service cost?
In France, the real estate agency fees are always included in the price of the apartment. This means that the buyer pays the advertised price, which already includes the agency fees.
The commission fee of the flat hunter is a percentage of the purchase price and is paid by the client. This fee would be in addition to the actual purchase price .
Here’s an example to illustrate how it works: If you purchase an apartment for €300,000 (price includes already the agency fees) the flat hunter’s commission fee would be calculated as follows: Commission fee = Purchase price * Commission percentage Commission fee = €300,000 * 0.027 = €8,100 Therefore, the total cost of acquiring the apartment, including the flat hunter’s commission, would be €308,100.
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What is the success rate?
Our deep understanding of the local market combined with a strong network of contacts can significantly increase the likelihood of a successful transaction. Our expertise in property search, negotiation, and navigating the buying or renting process can contribute to a higher success rate. We believe that clear communication between the property hunter and the client is essential to ensure that the client’s needs and expectations are understood and met.