The flow of buying and selling real estate is as follows.
Flow when selling real estate
In legal terms, mediation is called mediation. If you want to sell real estate, make an intermediary contract with the real estate company and ask the real estate company to find a sale destination. Once the seller is found, the person who wants to sell the real estate and the person who wants to buy it conclude a sales contract.
The buyer pays the seller for the property and the seller delivers the property to the buyer. The timing of payment of the brokerage fee to the real estate company depends on the contract details, but in general, it is paid from the price received from the buyer. In addition, since real estate has a registration system, there is also the work of erasing the rights that should be extinguished, such as mortgage cancellation registration, before handing it over to the buyer. The judicial scrivener will perform the specific work of registering and deleting the registration.
Once you have decided on the property you want at a real estate company, you will first receive an explanation of important matters such as the property you purchased and the transaction conditions. After both parties are satisfied, we will conclude a sales contract between the seller and the buyer.
When concluding a sales contract, the buyer pays the seller a deposit (a part of the purchase price). The flow is to pay the remaining amount, receive the delivery of the property, and register the transfer of ownership.
Penetration marks cannot be used. A real seal is required to make a loan.
A part of the purchase price of real estate is included as a deposit.
Paste it in the contract.
At the time of the sales contract, half of the brokerage fee will be paid.
It is necessary to prove that the person making the contract is the person who makes the contract.
The brokerage fees for buying and selling real estate are as follows. Please note that brokerage fees are taxable.
Real estate companies work hard to find people who want to buy a property. The brokerage fee is the reward for finding the buyer. Since it is a success fee, you do not have to pay until the buyer is found and a sales contract is signed.
There are legal restrictions on brokerage fees
The brokerage fee is not freely set. The upper limit is regulated.
If the selling price is 2 million yen or less, within 5% of the transaction amount 2 million yen to 4 million yen or less is within 4% of the transaction amount the portion exceeding 4 million yen is within 3% of the transaction amount
In addition, consumption tax will be added to the actual amount paid. If the selling price exceeds 4 million yen, it will be 3% of the selling price + 60,000 yen + consumption tax.
It has the meaning of proof of contract, compensation in case of cancellation, and expected penalty in case of default.
The seller can cancel the contract by paying double the deposit to the buyer, and the buyer can cancel the contract by waiving the deposit until the deposit cancellation date.
Real estate is expensive, so a deposit system is required to buy and sell safely. Also, since the period from the sales contract to the payment is long, we are worried about whether the contract will be fulfilled safely. Therefore, a system called deposit is used.
The amount of the deposit is not fixed by law. However, the market price is within 5 to 20% of the trading value.
This time, I explained the flow and costs of buying and selling real estate.
If you have any doubts, ask the real estate company to resolve the questions before concluding the sales contract.
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