What does a Buyer’s Agent do?
A buyer’s agent helps you find and purchase a home. They are well-versed in the housing market and ensure a strong position during negotiations. They accompany you to viewings, check for defects, and negotiate the price, all to secure your home at the best price and terms.
Role of the Seller’s Agent
A seller’s agent is hired by the selling party and solely serves the seller’s interests. In short, this means they aim to negotiate the highest price and best terms for the seller. This is not in your interest as a buyer. You undoubtedly want the lowest possible price with terms favorable to you.
Always be aware of the seller’s agent’s interests when viewing a house and especially during negotiations.
What Does a Buyer’s Agent Cost?
The costs of a buyer’s agent depend on the type of fee they charge.
Buyer’s Agent with Commission Fee
If a buyer’s agent works on a commission basis (a percentage of the purchase price), the costs increase as the purchase price rises.
Examples based on a 1.25% commission:
- €6,250 commission for a purchase price of €500,000
- €8,750 commission for a purchase price of €700,000
If you want to buy a home in a popular city like Amsterdam, the costs of a commission-based buyer’s agent can be quite high. This is due to the average property value and potential additional costs for overbidding.
Buyer’s agent with fixed fees
If a buyer’s agent works with fixed fees, that is your maximum cost for the agent. If they also offer “no cure, no pay,” you only incur costs with a successful purchase.
Buyer’s agent costs in Amsterdam
Aankoopmakelaar Amsterdam operates with fixed fees in three price categories:
- €4,800 for purchases up to €1,000,000
- €5,800 for purchases between €1,000,000 and €2,000,000
- €6,800 for purchases above €2,000,000
With these fixed fees, you are guaranteed professional purchasing advice in every segment. Costs are always clear upfront, and you only pay after a successful purchase (‘no cure, no pay’).
Reviews
Checklist Viewings
In addition to our no-obligation purchase advice, we offer the option to receive a ‘viewing checklist.’ This checklist allows you to quickly make an initial assessment.
- We are a team of specialized buyers agents
- Professional guidance throughout the entire process up to the moment of transfer
- Sworn registered real estate agents with 25+ years of experience
- More chance of a successful purchase with the best conditions
- 100% independent buyers agent with no cure, no pay
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