Agency law from December 2020 What do real estate agents have to pay attention to from 23.12.2020? For information for our brokers and E1 licensees: Shortly before Christmas, there was a change in the brokercommission commission: the new law on brokerage commission from 23 December 2020 was already adopted by the German Bundestag in June
E1 International Investment Holding is a holding company with several real estate offices with the goal of a joint market presence under one brand. The company (back then still called “Erdogdu Immobilien”) was founded in 2007 by Muharrem Erdogdu in Wiesbaden as a sole proprietorship and has since then constantly evolved. While the core business continued to focus on the end-costumer business in the Rhine-Main area in the first two years, it continued to grow in the following years. The company’s focus shifted increasingly to investment property and was in 2011, with real estate transactions of apartment buildings and commercial real estate, including several real estate holdings of one of the largest German freight forwarding companies (Frankenbach), switched completely to the placement of investment property.