Frequently asked questions
Essential information summarized: In our FAQs we answer the most frequently asked questions from our customers.
Dubais Skyline bei Sonnenuntergang mit Burj Khalifa, Hochhäusern, Fluss und Brücken.
Should I sell my property privately or through a real estate agent?
While it's not legally required in Germany to use a real estate agent for property sales, private sellers often underestimate the enormous time, expertise, and emotional investment involved. Our support offers you complete peace of mind: The agent's commission is a success fee, only payable upon successful completion of the sale, and already covers all services. From obtaining all necessary official documents and creating a premium property listing to coordinating all appointments and notary visits, we handle the entire process. A key advantage is our thorough property valuation. Using up-to-date market data and professional appraisal methods, we protect you from financial losses due to an excessively low or high starting price. Furthermore, you gain immediate access to our extensive network of pre-qualified prospective buyers, significantly accelerating the sales process. We also ensure a legally sound contract that protects your interests and guarantees smooth payment processing. Engaging an expert is therefore a worthwhile investment that provides you with security and secures the best possible return.
Should I sell or rent?
The question of whether selling or renting is the better choice can only be answered on a case-by-case basis. Both options offer attractive advantages that must align with your long-term goals. Selling frees up capital in the short term and allows you to directly realize profits from current market developments. This creates financial freedom for new projects or investments. Renting, on the other hand, offers you the opportunity for a regular, passive income. You remain the owner and benefit in the long term from potential appreciation in value and stable rental income. However, you should bear in mind that renting also entails obligations – from maintenance to tenant relations. To make the right decision, an analysis of your financial situation and risk tolerance is crucial. The current market conditions and local rental price trends also play a significant role. We would be happy to help you objectively compare both options so that you can find the solution that best suits your life.
When is the best time to sell a property?
There's no single right time to sell, as various factors come into play. The warmer months of spring and summer are traditionally very popular: the light conditions are optimal, gardens and outdoor areas are at their best, and buyer interest is often particularly high due to the season. Besides the time of year, the current market situation plays a crucial role. In a dynamic seller's market with high demand, top prices can often be achieved, while a buyer's market requires more negotiating skills. Ultimately, your personal circumstances often play a decisive role – be it a career change, a growing family, or a new investment opportunity. To determine the best strategic time for your property, we recommend consulting with our experts. We will analyze current market trends for you and help you identify the optimal moment for a successful sale.
How long does a real estate sale take?
The duration of a sale is difficult to predict – it often ranges from a few weeks to several months. This timeframe is significantly influenced by the price, the type of property, and, of course, the location. While properties in rural areas typically attract a smaller pool of potential buyers, demand for residential and commercial buildings in central urban locations is often considerably higher. However, there are factors that can unnecessarily delay the process. A backlog of renovations that doesn't meet expectations or a lack of transparency regarding important details can deter potential buyers. The key to a swift sale lies in an asking price that is precisely aligned with the current market situation. Furthermore, if prospective buyers feel they have received comprehensive and honest advice, the purchase decision will be significantly accelerated.
What happens if a property is owned by several people, but one of them doesn't want to sell?
In cases involving inherited real estate or separations, it is common for the parties involved to disagree about the sale. In such situations, it is advisable to avoid litigation at all costs, as this is usually associated with high costs and a significant loss of time. Often, differing financial expectations clash: while one party desires a quick sale, the other hopes for future appreciation in value. Open dialogue and mutual understanding are the first steps toward a solution. Should a deadlock nevertheless arise, there are ways to reach an agreement without resorting to legal action. Engaging an experienced real estate agency or an expert can act as a neutral mediator. We help to facilitate communication between the parties, provide objective arguments, and find a solution that is acceptable to all involved. In this way, a sale can often still be achieved harmoniously and successfully.
What documents are required when selling a property?
A complete property file is essential for a smooth and legally sound sale. It creates transparency and trust with potential buyers. Depending on the type of property, you will need the following documents: General Documents • Current land register extract: Documents ownership and any encumbrances. • Energy performance certificate: Legally required information on energy efficiency. • Floor plans, sections & elevations: Provide information about the room layout and dimensions. • Cadastral map: Shows the exact boundaries and location of the property. • Living area & volume calculation: Determines the exact size and volume. • Building description & modernization list: Documents the construction method and all value-enhancing measures. • Building insurance & environmental impact assessment: Proof of insurance coverage and information on potential soil contamination. Additionally for condominiums: • Declaration of division: Regulates the relationship between individual and common property. • Minutes & Statements: Service charge statements, minutes of owners' meetings (last 3 years), and the current budget. • Certificate of Separate Ownership: Confirms the structural separation of the units. For rented properties: • Lease agreements & tenant list: Overview of the current contract terms. • Security deposit list: Proof of the deposited security deposits. The completeness of these documents is crucial for an efficient sales process. Should you be missing any documents, we will gladly assist you in obtaining them from the relevant authorities and property management companies.
What should be considered when dealing with rented properties?
Selling a tenanted property requires tact and meticulous planning. Since existing leases do not automatically terminate upon sale ("sale does not break lease"), transparent communication is the first step. We recommend informing tenants early to foster a cooperative relationship for viewings. At the same time, prospective buyers must be fully informed about all legal requirements and the details of the tenancy agreements. We pay particular attention to the following points: • Legally sound contracts: The purchase agreement must precisely regulate the transfer of tenancies and security deposits. • Smooth handover: The settlement of utility costs and the formal handover must be carefully planned to guarantee a seamless transition for all parties. • Condition & presentation: Even with tenanted properties, appearance plays a crucial role in showcasing the property's full potential. Since complex legal and tax issues often come into play, professional support is invaluable. We are here to assist you as experts, ensuring the process is legally sound, discreet, and satisfactory for all involved.
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Panoramablick auf die beleuchtete Skyline von Dubai bei Sonnenuntergang mit dem Burj Khalifa und Autobahnen.