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Real Estate Transaction

A particular procedure for handling an immobilization transaction enables the real estate investor and the investment broker / real estate agent to avoid unnecessary time loss.

  1. In principle, the delivery capacity of the respective investment property must be ensured in advance of the property brokers.
  2. If two brokerage companies agree to a joint venture in accordance with IVD guidelines, the agreement of a cooperation agreement is recommended.
  3. The customer broker provides the real estate investor with a short xposee – without address – so that the basic knowledge can be used to test the previous knowledge. Landlords demand the announcement of the address in advance, as the number of real estate offers arriving every day makes it difficult to carry out the initial verification by means of the basic data.
  4. Further documentation will be given to the investor group after the signing of the interest statement, which is the responsibility of the customer broker. Proof of interests ensures the broker’s commission in the event of a notarial signing of a purchase contract.
  5. Upon receipt of the signed statement of interests, the prospective buyer receives the complete examination documents to be able to carry out the purchase examination.
    • Expose with exact description of the object
    • Picture material
    • List of tenants with information on the current leasing situation
    • Location (2nd priority)
    • Land register extract (2nd priority)
    • Floor plans (2nd priority)
    • Insurance policy (2nd priority)
  6. After receipt of a positive feedback from the serious buying interests, an on-site inspection is arranged.
  7. In order to avoid unnecessary time loss, the housekeeper, caretaker & owner should take part in the inspection.
  8. The buyer then requests a non-committal purchase offer from the investor, which can help him to achieve the best possible agreement between buyer and seller. Often, the parties agree, since the main task of the broker is to make contact between the parties.
  9. The buyer may now determine his notary and forward his contact data to all parties, so that all parties involved contribute to the fact that the necessary documents for a notarial settlement can be made available in full to the notary in order to draw up a draft purchase contract draft.
  10. The broker’s office may propose a commercial broker’s clause to the notary.
  11. If the purchase contract draft is drawn up, the notary shall notify the record date to the seller, buyer and brokerage company. Congratulation!
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