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While the real estate sector is not doing well, real estate agencies are singled out. In question, their commissions deemed excessive when purchasing goods. Agency fees average 5.78%, compared to 4% for the European Union.
When buying an apartment or a house, agency fees or costs, which are set by real estate professionals, increase the bill. These costs constitute the remuneration of these professionals. Amounts higher than with our neighbours. In France, agency fees amount on average to 5.78%against 4% only for the European Union.
The complexity of the procedures involved
A rate justified by the complexity of the market and the procedures, according to Rudy Haroschagency Director Orpi Optimum. “The diagnoses, the connection with the notaries, these are time-consuming procedures”he says. To reduce these costs, the competition authority recommends separating the differences between agencies, for example by entrusting the valuation of the property, the distribution of announcements and even visits to another more competitive provider. In 2022, 62% real estate transactions were carried out by professionals.