Let me break it down for you why paying a 6% (+ VAT) commission when we secure a buyer and finalize the sale is a smart move when putting your property on the market. It’s not just about compensating the agent; it’s a strategic and financial win for you as the seller. It’s important to mention that a 13% VAT is levied as per Costa Rican regulations, given that we operate as professionals who issue electronic invoices.
Experience and Professional Service
As Real estate agents, we bring a wealth of knowledge, negotiation skills, and a vast network that helps market your property effectively to a wider audience. The future commission (in case of a sale) will cover the cost of our expertise and top-notch service.
Effective Marketing and Promotion
Future commission covers the costs of marketing your property. From online ads to professional photography and videos, agents use various tools to attract potential buyers.
- Professional Photography
- Property Video
- Professional Listing (Virtual Open House)
We also use social media to promote your property and expand the target audience, significantly increasing property views.
We undertake various tasks to promote it effectively our clients properties. From utilizing common real estate marketing strategies to sharing listings with agencies and agents in the Caribbean region of Costa Rica. Additionally, we extend these listings to a vast network of affiliates of the Costa Rican Chamber of Real Estate Brokers located across different regions of Costa Rica, with whom we have agreements for listing sharing.
Maximizing Sales Value
A good agent can help you set a competitive and appealing price tag that gets you the best value in today’s market. They can also suggest improvements that boost your property’s appeal and perceived value.
Negotiation and Closing the Deal
Agents excel in negotiation and play a crucial role in sealing the deal. They handle the closing process, ensuring all legal and administrative requirements are met for a smooth property transfer.
Splitting the Commission with the Buyer’s Broker
In many cases, the 6% (+ VAT) commission you pay as a seller is shared with the buyer’s broker. This fair split fosters collaboration between both parties and ensures quality service for you and the buyer without any extra costs. Sharing the commission with the buyer’s broker is just part of the deal, promoting a harmonious collaboration between everyone involved.
In the real estate industry, it’s common for brokers to shoulder all expenses without any upfront compensation until a sale is finalized. This means that the broker invests in marketing, advertising, and various sales strategies with the anticipation of receiving a commission only upon a successful transaction.
In a nutshell, paying that 6% (+ VAT) commission to your agent can be a game-changer. It gives you access to expertise, professional services, effective marketing, expert negotiation, and a seamless closing process. This all adds up to a successful and profitable transaction.
If you prefer not to engage in a traditional sales commission structure, we offer an alternative approach. You have the option to request a quote for the advertising and sales methods we will implement on your behalf. This way, you can explore different arrangements that align with your preferences and needs, ensuring a tailored and flexible experience throughout the selling process.