NO MLS IN FRANCE and why we think good search agents are a great investment

As search experts, here are some real life examples of how we can help:

I recently viewed an apartment with a client that had almost everything: two balconies, spacious one bedroom, Eiffel view, upper floor and great potential after a remodel.

But … the apartment was located in a 1940s building, which lacked charm, and was located on a drab street surrounded by other large apartments and office buildings. No trees, no petits commerces or shops to liven up the area. I checked the building management fees (something eager buyers forget) and they were on the high side, about €500/ month. This may be low for a city like New York, but high for Paris. I walked back in the evening, waited 24 hours and still didn’t like the feel of the street. While it might have rented well, we want our clients to have apartments that offer good capital appreciation and resale potential as well. This one failed on those two counts. Shortly afterwards, we found a beautiful apartment with a balcony in a gorgeous location that hit all the requirements.

A good agent will help you avoid hidden pitfalls, even after you think you’ve found the perfect apartment.

OTHER THINGS TO CONSIDER:

There are many unique rules in France for purchasing property and unique methods which should be employed in order to find a great apartments. We have extensive knowledge of every aspect of the search and purchase process and will cover all bases. This includes avoiding hidden problems, such as the example below.

There are number of reputable search agents in Paris; their fees are normally in the region of 3% of the purchase price. But good ones save you more than that by finding underpriced properties, properties that haven’t made it to the market, or negotiating a lower price for the buyer.

Click here if you’d like to learn more about our own search service and feel free to email us at [email protected] if you’d like to speak with us. 


Please read more about our tips here, including:

Tip 1: Full or Shared Ownership in Paris
Tip 2: Finding the Perfect Location to Buy in Paris
Tip 3: Finding the Right Apartment -- Don’t Settle for Less
Tip 4: Getting the Best Results from Paris Real Estate Agents
Tip 5: Remodeling Costs in Paris
Tip 6: If You’re Not 100% Certain...
Tip 7: No MLS in France: The Value of a Good Search Agent
Tip 8: How does the Purchase Process Work in France in Simple English
Bonus Info: Can I rent my Paris apartment short term?

Share this article with family and friends!

fbpix