
WHAT IS THE LAW OF APRIL 1ST, 2017 ?
THE NEW PROVISIONS STIPULATED IN A DECREE PUBLISHED ON 10/01/17 IN THE OFFICIAL JOURNAL REQUIRE REAL ESTATE PROFESSIONALS, TO DISPLAY THE RATES OF COMMISSION OR FEES WE PRACTICE, WHETHER FOR SALES OR RENTALS.
THIS ORDER, ALTHOUGH BINDING, IS A GOOD THING BECAUSE IT WILL ALLOW TO DIFFERENTIATE A LITTLE MORE TRUE PROFESSIONALS FROM THE REST OF THE PROFESSION.
WITH THIS LAW, WE ARE TAKING A STEP IN FOR TRANSPARENCY.
WITH MORE THAN 10 YEARS OF EXPERIENCE, WE HAVE MADE TRANSPARENCY A POWERFUL ARGUMENT. INDEED, TO JUSTIFY OUR FEES OF 6% EXCLUDING VAT ON THE SALES (EXCLUSIVE RESEARCH MANDATE OR SIMPLE) OF VILLAS OR APARTMENTS, 10% VAT INCL. ON THE SALES OF LANDS OR OF 25% VAT INCL. ON THE SEASONAL RENTALS , WE’VE STRIVED FOR 3 YEARS TO EXPLAIN THE FUNDAMENTALS TO OUR CLIENTS.
NICHE MARKETS DEDICATED TO “HYPER LUXURY” MEANS DEDICATED TIME EXCLUSIVELY FOR OUR CLIENTS AND SOMETIMES SUBSTANTIAL INVESTMENTS BEFORE OBTAINING SPIN-OFFS.
THIS POLICY OF TARGETING MICRO MARKETS ALSO REQUIRES US TO BE PHYSICALLY PRESENT IN THE AREAS WE COVER, AS WELL AS IN EUROPEAN CAPITALS TO MEET OUR CUSTOMERS AND PARTNERS.