Dealing with estate agents is tricky

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Dealing with estate agents is tricky
 © FinancialMirror 2021
Cyprus has the Estate Agents Law, which regulates most matters related to the industry, but people coming from different countries have their national system in mind, which, at times, creates confusion. Finding a property – It is normal abroad to pay a fee to an estate agent to find a suitable property. It may range from 1% to 2% on the purchase price as a finder’s fee. In such cases, there must also be an explicit provision in the agreement, should the parties agree, that the agent will not claim an additional commission from the seller. In Cyprus, this finder’s fee is rarely adopted. If...


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Article automatically added to our system on Saturday, July 24, 2021

Dealing with estate agents is tricky


Contents of this article including associated images are © FinancialMirror 2021
Views & opinions expressed are those of the author and/or FinancialMirror .

Article Tags: #dealing   #estate   #agents   #tricky  


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