Person signing a business contract document on a wooden desk with a leather wallet and keys beside it, photographed from above

House sale contract - what you should pay attention to

A house sale contract is needed to facilitate the change of ownership of a property. At the same time, such a contract usually raises many questions for buyers and sellers. After all, selling a property is an everyday undertaking for very few people. It is therefore all the more important that the contract for the sale of a house is drawn up with appropriate care and prepared in a way that is understandable for all parties involved. In the following, we therefore explain in advance key questions regarding the contract of sale of a property.

Modern dining area with white tables, wooden chairs, large glass doors and a view of a lush garden. Minimalist design with natural light.

Early repayment penalty: 5 questions on selling a house before the fixed-interest period expires

Almost every property owner who wants to sell his or her house before the fixed-interest period expires has to pay a so-called early repayment penalty. However, this topic often raises questions among home sellers: What is the early repayment penalty for? How high is it? And is it possible to avoid it? If you are considering selling your home before the end of the fixed-interest period, you should find out in advance what costs an early termination of the loan agreement may entail. In the following, we explain the most important questions about early repayment fees.

Two real estate professionals in business attire reviewing content on a laptop in a bright office space. A man wearing glasses and a dark blazer points at the screen while a woman in a black dress looks on attentively. City buildings are visible through the window in the background.

Your real estate portfolio - how should it ideally be structured financially?

One of the clear Advantages of real estate as a capital investment compared to other investment opportunities, such as gold as an investment, is the possibility of lending through banks. It is important to note that the banks evaluate the personal income situation in addition to the property when financing the first property.

Person signing a business contract document on a wooden desk with a leather wallet and keys beside it, photographed from above

Brokerage contract for the sale of a house - Everything about the exclusive commission, content, right of cancellation

There are a number of good reasons why you should commission a real estate agent and conclude a real estate agent's contract in the process. The brokerage fee, the scope of services and other modalities are regulated in such a document. What exactly the brokerage contract contains, what types of brokerage contracts there are and whether you can revoke it are explained below.

Modern luxury home with a pool overlooking the ocean. Lounge chairs on a wooden deck.

A house with pool

Many people dream of having a house with a pool. But what kind of pool is most suitable? An outdoor pool in your own garden for the summer is appealing because of the low acquisition costs. An indoor pool that can be used all year round, perhaps even extending into an outdoor pool, costs a lot more, as does a heated and covered outdoor pool. Is this investment worthwhile? How much does it cost to set up and maintain your own wellness area? Does every pool increase the value of the property?

  • 8 min read
  • 18.08.2022
Visit A house with pool
Bird's-eye view of a city with many buildings. On the left, you can see water with a stretch of beach and a row of green trees.

What is the local comparable rent based on?

The local comparative rent is formed from the usual rents of the municipality (or a comparable municipality). The living space must be comparable in terms of type, size, equipment, quality and location. The period under consideration for the local comparable rent is four years. Increases due to increases in operating costs are not taken into account.

A smiling female real estate agent in a black blazer and white shirt extending her arm to hand over documents, captured in a bright professional office setting. Her expression conveys warmth and professionalism.

Why commission is worthwhile when selling with Engel & Völkers

The commission when selling with Engel & Völkers represents the compensation for the services rendered by our real estate agents. Property sellers often have questions about this, for example when it comes to the exact scope of the services. Also the question of Amount of the brokerage fee and how exactly it is made up are also frequent topics for property sellers. In this guide, we would therefore like to briefly and concisely answer the most important questions about commission when selling with Engel & Völkers and show why working with an estate agent is worthwhile.

Contact

Contact your personal advisor

Professional in a gray suit and white shirt smiling confidently while holding a smartphone, standing in front of classical white buildings with arched windows and elegant architectural details.
Professional woman in a beige business suit and white blouse walking confidently in an urban environment, with wind-swept hair and carrying a leather portfolio, against a blurred city background.

Engel & Völkers Germany

Vancouverstraße 2a

20457 Hamburg, Germany

Tel: +49 40 361310