How much is your home worth? Should you ask for more? How long will it take to sell or rent? At home berlin-potsdam helps provide you the answers to these and many other questions.
We complete a comparative market analysis researching similar homes currently on the market, sales / rents of recent similar homes and refer to expired listings to help determine your home’s fair market value. It also takes into account variables that may affect the value and marketability of your home. Some of the factors we consider:
- Market Conditions & Competition — Economic outlook and seasonal trends, as well as the number of competitive homes on the market, can affect demand for your home. We have knowledge about the market and in cooperation with you are able to determine the potential sales or rental price.
- Mortgage Conditions & Outlook — Interest rates and anticipated movement up or down affect the size of your prospect pool.
- Location — Proximity to schools, parks, shopping and transit can play a significant role in determining your listing price.
- Appearance — Yes, looks do count. You only have one chance to make a good first impression. Our experience can assist you in presenting your home to its best advantage.
It’s important to note that the comparative market analysis process doesn’t end there. We’ll continue to monitor competitive activity and market conditions until the day your home sells or rents.
Register your search data to be sent the newest property updates that fit your profile. Most properties and rentals never hit the market because they are first shared to our client listings. You can be a part of this exclusive by simply completing the attached form.
at home berlin-potsdam believes real estate is not just about property, it’s about people and its about what makes you comfortable and feel at home! We realize that whether you’re moving across town, expanding to a larger home or relocating from another city or country it is not easy. We each have individual tastes, desires and wishes which rank differently among our clients.
We provide you assistance, understanding and respect for helping you meet those desires. Starting with your search profile and collecting responses from each showing, we create a personal understanding of your likes and dislikes as well as priorities. Only those properties will be shared that meet those desires which saves you time and limits frustration.
Special relocation services is also our business. If you are new to the city or country and require an understanding of neighborhoods, schools, logisitics as well as need assistance to assimilate in another culture…… at home berlin-potsdam can assist you. No question is too big or too small. We offers special home searching assistance for those relocating by finding homes that meet your search specifications from a large constituency of real estate firms and coordinate these viewings for you.
Send us an email with your situation and we will personally contact you with options and ideas to best service your needs and budget.
Yes, please assist me in finding a home!
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Some of the things to consider when setting up your new home as well as calculating there associated costs include.
- schools
- garbage removal
- utility hook-ups
- cost of heating
- street cleaning
- property taxes
- phone and internet
- cost of closets
- storage
- garden maintenance
- insurance
Can anyone buy property in Germany?
Yes, regardless of nationality.
Do I need a permanent residence?
No, it is not necessary for purchasing property but owning property does not automatically give you the right to live and stay in Germany. You need to apply for a visitor’s visa or permanent residency. Regulations and entry requirements should be checked with the Embassy.
Do I need a translator?
If one of the parties does not speak German, a qualified translator is required to make sure all persons understand the content of the purchasing agreement.
What are the associated costs to purchase?
Usually all transaction costs are paid by the buyer and are about 10% of the purchase price.
- Real estate agent commissions including VAT – in Berlin are typically 7.14% of purchase price depending on type of real estate and location
- Property transfer tax – 4.5% of purchase price in Berlin and Hamburg, otherwise 3.5%
- Notary public and land registration – 1.5% of purchase price
- Certified translator: approximately 1.000-2.000 Euro
- Legal advice (depending on transaction size) approximately 1.500 Euro …
What are the costs of owning commercial property?
The costs of owning property depend heavily on the agreed provisions of the lease contract and the type of lease. Whereas there are more options for commercial lease contracts it is not true that it is easy to pass on ancillary expenses to residential tenants, German law tends to favor residential tenants. However, generally speaking all costs except maintenance, repairs and property management may be passed on to the tenant. Furthermore, it’s up to the investor to accumulate a structural reserve.
The costs of property management vary from 25-35 Euro plus VAT per apartment unit per month.
What is a notary public?
In Germany the notary plays an important role in contractual agreements relating to special laws such as
- property law
- registration of land
- family law
- corporate law
- inheritance law
The notary is a solicitor, who acts on behalf of the government and is authorized to certify deeds. He provides independent and impartial advice to contractual parties. The notary officiates either as a single-profession notary, which means he is acting a a notary only or as a legal attorney and notary at the same time.
The notary prepares the deeds in accordance with German law and provides legal advice regarding the contract. He will read aloud the deed in front of all parties involved. The deed is signed by all parties and sealed by the notary. It is irrevocable.
In comparison to the USA or UK, the role of the German notary is much more important in daily business. All property transactions must be signed and sealed at the office of the notary public (311 of the German Civil Code).
What advantages does at home berlin-potsdam offer to ensure your home is sold in the „right way“?
- provision rates are set below market. The buyer pays 2-4% and you the seller and the buyer receive full service.
- receive best possible sales price. We use tools such as the comparative market analysis to ensure your home successfully sells at top price
- strong market positioning attracts solid potential buyers
- home targeted immediately to select list of prospective buyers – strong access to international customers
- reach those in immediate neighborhood
- advertise on targeted websites and search engines to effectively reach potential customers
- partnership with other agencies both regional and international
- respect discreet situations and retain your privacy. We offer friendly and trust-worthy service. Your sale remains in the hands of one person and is not distributed to others you do not know. We establish a personal and professional relationship with you and your family.
- appreciation and understanding of architecture. We communicate your homes value effectively and have inside referral help to architects and companies which can provide the buyer a great deal of service.