Posts

Realtor London – Your condo, house or property in the UK

The city of London convinces with its special charm of old and new buildings. Beside the impressive skyscrapers in the city centre, there are some beautiful old buildings that are adorned with stucco. The city is very progressive and therefore for many people an emigration destination. But as it is the case in every big city, the search for a property is also in London difficult and time-consuming. Real estate agents can help here and provide extensive expertise. Read all about capital investment.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Real estate agent London: How to find the best real estate agent

An estate agent can open doors when looking for property. Especially in areas where you may not know yourself well, the expertise of real estate professionals can help you find the perfect property for your needs. You can find out what the estate agents do and how the process of finding an estate agent works in our magazine!

The procedure – the best tips and the checklist to find an estate agent

If you decide to use the help of a broker, you still have to find the perfect broker. This can prove to be difficult, as there are many estate agents who only specialize in one area, such as rental properties or luxury villas. If you are looking for the right real estate agent, the following points should be considered:

Purchase, sale or rent – the tasks of the broker in different situations

A real estate agent is available for real estate questions with sufficient expertise and a certain know-how. In doing so, he takes on the most diverse tasks. What you have to consider when choosing the right real estate agent, you can find out now!

purchase: tasks, building and building society savings

When buying a property, the expertise of an estate agent can be worth its weight in gold. The broker’s primary task is to find different properties for your needs and to view them with you. If the right property is available, the know-how in price negotiations and the sales contract can help to achieve the best result for you.

Sale: valuation and tax tips

When selling your own property, the real estate agent will help you with all the tasks involved. Since a house sale can be very time-consuming, the broker takes over tasks, such as the preparation of the advertisement, the execution of viewing appointments and price negotiations to relieve the seller of these time-consuming tasks.

rent: Flat or house?

The broker’s commission guidelines for rent are different from those for the sale of a house. The broker can be active on both sides. For the tenant, the broker can select different rental properties to find the one that suits the customer. For the landlord, however, the agent can also search for different potential tenants.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Top broker recommendation – London

Knight Frank Mayfair Estate Agents

Recommendation for Knight Frank Mayfair Estate Agents on Google: 165 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Acorn London Bridge Estate Agents

Recommendation for Acorn London Bridge Estate Agents on Google: 118 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

Daniel Cobb London Bridge Estate Agents

Recommendation for Daniel Cobb London Bridge Estate Agents on Google: 30 Rating

4.5 / 5.0 stars

Further information, contact persons and directions:

Dexters Bloomsbury

Recommendation for Dexters Bloomsbury Estate Agents on Google: 150 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • 55 Coram St, Bloomsbury, London WC1N 1HB, United Kingdom
  • Telephone: +44 20 7833 4466
  • Dexters Bloomsbury

Winkworth West End

Recommendation for Winkworth West End Estate Agents on Google: 55 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

Lukinski Property Brokers

Recommendation for Lukinski Property Brokers on Google: 3 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

Foxton’s London Bridge Estate Agents

Recommendation for Foxtons London Bridge Estate Agents on Google: 98 Rating

4.1 / 5.0 stars

Further information, contact persons and directions:

  • 94 Borough High St, London SE1 1LL, United Kingdom
  • Telephone: +44 20 7386 6500
  • Fowtons Website

Dexter’s London Bridge

Recommendation for Dexter’s London Bridge Estate Agent on Google: 230 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

  • 54 Borough High Street London Bridge, London SE1 1XL, United Kingdom
  • Telephone: +44 20 7650 5100
  • Dexters Website

Avrason’s Estate Agents London

Recommendation for Avrasons Estate Agents London on Google: 54 Rating

4.7 / 5.0 stars

Further information, contact persons and directions:

  • 18 Brixton Rd, London SW9 6BU, United Kingdom
  • Telephone: +44 20 7582 4011

tlc Estate Agents

Recommendation for tlc Estate Agents on Google: 203 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

  • 8 Hogarth Rd, Earl’s Court, London SW5 0QT, United Kingdom
  • Telephone: +44 20 7370 4000

Winkworth Pimlico & Westminster

Recommendation for Winkworth Pimlico & Westminster Estate Agents on Google: 53 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

  • 31 Belgrave Rd, Victoria, London SW1V 1RB, United Kingdom
  • Telephone: +44 20 7828 1786

Winkworth Hackney

Recommendation for Winkworth Hackney Estate Agents on Google: 32 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

  • 17 Lower Clapton Rd, Clapton, London E5 0NS, United Kingdom
  • Telephone: +44 20 8986 4216

Find a broker: Helpful Links

Berlin, Cologne, Hamburg, Munich, Dubai, New York - we have the best of the best for you!

Germany

International

Luxury Realtor

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor
 

+

Realtor New York City – Your condo, house or property in NYC

New York City is not only a popular travel destination, but also for many a true dream to emigrate. Living and working in the Big Apple is a dream that comes with a lot. However, finding the perfect property to live there is only one of many hurdles. Real estate agents help with this task in America too and find the perfect real estate. Read all about capital investment.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Real estate agent New York: How to find the best real estate agent

Real Estate Agents help their clients to find the perfect property with the help of extensive knowledge and contacts, anywhere in the world. Brokers often specialize in different areas, such as rental apartments, luxury villas or public real estate. Find out everything about real estate agents in our magazine!

The procedure – the best tips and the checklist to find an estate agent

Not in every situation the help of a broker is useful, but in other situations it can be worth its weight in gold. Once the decision for a broker has been made, all that remains is to find the right one. However, this is often not quite so easy. Different real estate agents have different offers and not everyone has your dream property. If you are looking for the right real estate agent, the following points should be considered:

  • If the design of the website appeals to you, because then the probability is higher that the real estate agent also has a property that you like
  • Has the broker experience and can show a deal and satisfied customers
  • Get recommendations from friends and acquaintances.
  • Is the price of the broker appropriate for the quality of his work?

Purchase, sale or rent – the tasks of the broker in different situations

A real estate agent is available for real estate questions with sufficient expertise and a certain know-how. In doing so, he takes on the most diverse tasks. What you have to consider when choosing the right real estate agent, you can find out now!

purchase: tasks, building and building society savings

If an estate agent assists a client in the purchase of a property, the agent’s duties are quite clear. His first task is to find properties for you that meet your individual wishes. He also accompanies you on all viewing tours and helps you with price negotiations and the final conclusion of the contract.

Sale: valuation and tax tips

When selling his own property, an estate agent should have one thing above all else. Reduce work and relieve the seller. Selling a house involves a lot of time and effort. From drawing up the exposé to viewing appointments and concluding the contract, the estate agent takes over all tasks as far as possible and provides advice and expertise.

rent: Flat or house ?

When renting, the agent can also work on the side of the landlord as well as on the side of the tenant. In any case, the commissions for estate agents in the area of rent are regulated differently than in the area of purchase. For landlords, the agent presents the property as attractively as possible and looks for tenants. On the tenants’ side, the broker helps to find the perfect rental property and to broker it.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Top broker recommendation – New York City

Elika Real Estate

Recommendation for Elika Real Estate on Google: 39 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

New York Casas Real Estate

Recommendation for New York Casas Real Estate on Google: 66 Rating

4.7 / 5.0 stars

Further information, contact persons and directions:

  • 5th Ave #500, New York, NY 10151, USA
  • Telephone: +1 917-285-6835
  • NY Casas Website

Angel & Völkers New York City

Recommendation for Engel & Völkers New York City on Google: 15 Rating

3.4 / 5.0 stars

Further information, contact persons and directions:

New York Habitat
Recommendation for New York Habitat on Google: 57 Rating

3.7 / 5.0 stars

Further information, contact persons and directions:

  • 307 7th Ave #306, New York, NY 10001, USA
  • Phone: +1 212-255-8018
  • New York Habitat

Lukinski Property Brokers

Recommendation for Lukinski on Google: 3 Ratings.

4.6 / 5.0 stars

Further information, contact persons and directions:

Recommendation for Residential Real Estate Agent New York City and Brooklyn on Google: 2 Rating

4.5 / 5.0 stars

Further information, contact persons and directions:

  • 90 5th Ave 3rd fl, New York, NY 10011, USA
  • Phone: +1 917-595-0400

Regus – New York

Recommendation for Regus – New York on Google: 2 Rating

4.0 / 5.0 stars

Further information, contact persons and directions:

  • 165 Broadway 23rd floor, New York, NY 10006, USA
  • Phone: +1 646-759-3600

Platinum Properties

Recommendation for Platinum Properties on Google: 11 Rating

3.9 / 5.0 stars

Further information, contact persons and directions:

  • 30 Wall St, New York, NY 10005, USA
  • Phone: +1 212-825-0050

The Corcoran Group

Recommendation for The Corcoran Group on Google: 16 Rating

3.4 / 5.0 stars

Further information, contact persons and directions:

  • 660 Madison Ave, New York, NY 10065, USA
  • Phone: +1 212-355-3550

Colliers International

Recommendation for Colliers International on Google: 2 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • 666 5th Ave, New York, NY 10103, USA
  • Phone: +1 212-716-3500

MetroNest, LLC.

Recommendation for MetroNest, LLC. on Google: 88 Rating

4.0 / 5.0 stars

Further information, contact persons and directions:

  • 11 Waverly Pl, New York, NY 10003, USA
  • Phone: +1 212-533-1300

Find a broker: Helpful Links

Berlin, Cologne, Hamburg, Munich, Dubai, New York - we have the best of the best for you!

Germany

International

Luxury Realtor

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor
 

+

Realtor Hamburg – Your condo, house or property in Germany

When it comes to finding an estate agent, there are many important facts that property owners or property seekers should be aware of. We therefore have important tips on how to find the right broker for your individual situation. Afterwards, we have selected the top real estate agent recommendations for Hamburg for you. Tip: You want to invest money and earn passive money? Read all about capital investment.

Real Estate Agent Hamburg: How to find the best real estate agent

There are many advantages and disadvantages to hire or not hire a broker. An estate agent can help with buying, selling and renting a home. He or she is always available to give advice and help and with his or her expertise can resolve many questions. You are protected by the real estate agent and property developer ordinance if you are not satisfied with the services of your real estate agent.

Purchase, sale, investment or rent – the broker will help you

The tasks of an estate agent are different for buying, selling and renting, but the expertise in all situations can help to close the deal successfully.

Hamburg City: Living in the port city

Purchase: expiry, building and building saving

The purchase of real estate is possible both with and without an estate agent. The real estate agent can help with legal matters, such as the purchase contract or the notary appointment, and use important knowledge from years of experience to give helpful tips. The agent can only work for the buyer and support him in the search for the dream property, but also represent both sides of the purchase. He can mediate between both sides and help to find an agreement. The expert knowledge and the many years of experience help both parties to find a solution and successfully complete the purchase of the house.

Sale: valuation and tax tips

When selling, the broker’s main task is to relieve the seller and take over the mediation of the property. From the creation of an advertisement with appealing pictures to the execution of the viewings and the suggestion of a suitable buyer, the broker relieves the seller of the time-consuming tasks and advises him with his expertise and years of experience. If the estate agent does not carry out the tasks satisfactorily, you can assert a right of revocation against him and you do not have to pay for the services carried out.

Capital investment: Financial broker – real estate and equity capital

Using real estate as a capital investment is currently a trend and for good reason. Interest rates are currently at an all-time low, which not only has a negative effect on the profitability of classic investments such as government bonds or shares, but also on the conditions for loans. These are very attractive due to the low interest rates, which enables home buyers to take out loans at very favourable conditions from banks. But also the development of the real estate market speaks for the investment in a property. The prices for investment properties are rising steadily, especially in trendy areas such as Berlin, Hamburg or Munich, which is reflected in high returns.

Rent: apartment or house?

However, buying a property is not the right choice for everyone. Also the rent offers some advantages which should not be underestimated. Probably the biggest advantage is the flexibility of being able to terminate the lease easily. Whether the job requires this or simply not yet the ideal place for eternity has been found. The option to move to another city, many like to keep open. However, for someone who is happy in the region and wants to settle down, buying a property is more likely to be a good idea than renting. The decision must be made according to the individual life situation and cannot be answered in a general way.

Realtor commission and fees for rent and purchase

The broker’s commission depends on whether the property is for sale or rent. In the case of objects for sale, the commission is negotiated, whereas the buyer principle applies to rental objects. The amount of commission depends on various criteria, such as the purchase price or the region. In general, the commission is between 4 and 6 percent of the purchase price, so for a property worth 100000 Euros, the commission is already 4000 – 6000 Euros. The negotiations about the commission are therefore worthwhile. Recommendable and realistic is a total commission of 3.48 percent including value added tax. However, it is important to note that this can vary from region to region.

Who pays the broker?

This question depends first and foremost on whether the property is rented or purchased. In the case of a rented property, the buyer principle governs who pays the agent, whereas different rules apply to a purchased property. In the case of objects for purchase, the client negotiates with the broker not only the amount of the commission but also determines who is to pay the commission. Depending on the federal state, there are restrictions for the client here. In general, however, the client can determine that the buyer or seller must pay the entire commission, or that the payment is split between the two.

Buyer principle broker – from when do I pay?

The buyer principle is applied to rental properties and determines who has to pay the broker’s commission. It means that the person who has commissioned the agent must pay the agent. If the landlord commissions an agent, the agent must pay the commission even if the tenant has responded to the agent’s advertisement. In retrospect, the tenant can also not incur any costs, as these must be borne in full by the landlord. The amount of the commission is freely negotiable if the landlord pays it, as with the purchase of a house. However, if the tenant is the client and has to pay the commission, it can be a maximum of two months’ rent plus VAT.

Are there brokers for insurance ?

There are brokers who deal with insurance and not with real estate. They do not act as insurance agents, but rather as a neutral person who can advise customers with the help of extensive knowledge about insurance. In reality, however, there are many insurance companies that employ such brokers, such as Allianz Brokers, Gothaer Brokers, RUV Brokers, DEMA or R+V Brokers. The objectivity that these brokers should have is lost through this cooperation depending on the situation, which means that the brokers are no longer able to advise the customers completely objectively.

Top 20 brokers – recommendation Hamburg

Sparda real estate agent Hamburg

Recommendation for Sparda estate agents on Google: 79 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Peters+Peters Wohn- und Anlageimmobilien GmbH

Recommendation for Peters+Peters on Google: 72 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

Wullkopf & Eckelmann Immobilien GmbH & Co. KG

Recommendation for Wullkopf & Eckelmann on Google: 40Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

Sparda real estate agent Hamburg Harburg

Recommendation for Sparda estate agent on Google: 28 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Recommendation for Engel & Völkers on Google: 62 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Angel & Völkers Elbe, location: Blankenese

Recommendation for Engel & Völkers Elbe on Google: 26 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Lukinski Luxury Brokers + Agents

Recommendation for Lukinski Luxury Brokers on Google: 3 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

ROSENBAUER IMMOBILIEN

Recommendation for ROSENBAUER IMMOBILIEN on Google: 16 Rating

4.5/ 5.0 stars

Further information, contact persons and directions:

Hansen & Hansen Immobilien Kontor Hamburg

Recommendation for Hansen & Hansen on Google: 23 Rating

STARS / 5.0 stars

Further information, contact persons and directions:

VON POLL IMMOBILIEN Hamburg-Sachsenwald

Recommendation for VON POLL on Google: 10 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

Real estate agents Grossmann & Berger GmbH – Blankenese

Recommendation for Grossmann & Berger on Google: 10 Rating

4.7 / 5.0 stars

Further information, contact persons and directions:

DAHLER & COMPANY Real Estate

Recommendation for DAHLER & COMPANY on Google: EVALUATIONS Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

Alexander Real Estate Agent Hamburg / Alexander Immobilien

Recommendation for Alexander estate agent on Google: 22 Rating

4.4/ 5.0 stars

Further information, contact persons and directions:

Haferkamp Immobilien GmbH
Recommendation for Haferkamp on Google: 101 Rating

3.7 / 5.0 stars

Further information, contact persons and directions:

Stefanie Hinsch Real Estate

Recommendation for Stefanie Hinsch on Google: 25 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Strong real estate

Recommendation for Stark on Google: 18 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

Recommendation for Leonhard on Google: 20 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

HANSE HOME Real estate

Recommendation for HANSE HOME on Google: 5.0 rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Jan Jaeger Real Estate – Broker for Hamburg and Norderstedt

Recommendation for Jan Jaeger Immobilien on Google: 26 Rating

4.1 / 5.0 stars

Further information, contact persons and directions:

Hamburg Zuhause Real estate agent

Recommendation for Hamburg Zuhause on Google: 22 Rating

4.2/ 5.0 stars

Further information, contact persons and directions:

MARTIN ULLRICH REAL ESTATE

Recommendation for MARTIN ULLRICH on Google: 30 Rating

4.1/ 5.0 stars

Further information, contact persons and directions:

Jürgen Weiss Immobilien GmbH & Co. KG

Recommendation for Jürgen Weiss on Google: 17 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

Erich Rohlffs GmbH
Recommendation for Erich Rohlffs on Google: 26 Rating

4.0/ 5.0 stars

Further information, contact persons and directions:

Otto Lemke Immobilien oHG

Recommendation for Otto Lemke on Google: 43 Rating

4.1/ 5.0 stars

Further information, contact persons and directions:

Hausmann Immobilien

Recommendation for Hausmann on Google: 32 Rating

3.9/ 5.0 stars

Further information, contact persons and directions:

Realtor Berlin – Flat, condo, house or property in Germany

To find the right real estate agent for your needs took a lot of research and time. We make it easy for you and present you not only with helpful tips on what to look for in an estate agent but also the best agents in Berlin! Tip: You want to invest money and earn passive money? Read all about capital investment.

Real estate agent Berlin: How to find the best real estate agent

Hiring an estate agent can be useful in many situations. Both when buying or selling a house, but also when renting an apartment. The real estate agent will help you with his expertise and years of experience to make no mistakes and to emerge from the business successfully. However, if you are not satisfied with the work of the broker, the Brokers and Developers Ordinance protects you by formulating rules and regulations for brokers and developers.

Tips and procedure: Checklist for selling a house

Of course, the process varies greatly depending on the situation. The house sale is very different for the buyer and the seller. Depending on the situation, different tips are helpful and different things to consider.

Purchase, sale, investment or rent

Whether buying, selling or renting, an estate agent can give helpful tips in every situation. What you have to pay attention to with an estate agent you will learn now!

Purchase: Procedure, building and building society savings

Real estate can be bought with or without an estate agent. When buying a property with an agent, the agent can give many helpful tips and help with any questions. The agent can also help you with your search and suggest properties that you would not have found without an agent. However, you should not forget that an estate agent costs commission, which is not cheap depending on the object. Whether an estate agent is suitable can therefore only be decided according to the individual situation. It is not possible to say in general whether an estate agent is worthwhile when buying, as many factors such as the location, the region and personal wishes play a role in the decision.

Sale: evaluation and support

The primary task of a broker in selling is to support the seller and relieve the seller of the time burden. The broker takes over the mediation, the inspections and presents the seller a selection of potential buyers. For sellers, the broker is a welcome help, which saves a lot of time and, above all, helps to emerge from the transaction as profitably as possible. If the broker does not meet your expectations, you can assert a cancellation policy against the broker.

Capital investment: Financial broker – real estate and equity capital

For the investment in a house, first and foremost a considerable amount of capital is naturally required. However, by letting the capital invested can grow and the property will pay for itself in the long term. A single-family house offers the advantages compared to other investment properties that it can be offered at a high rental rate, depending on location and quality, and the investment will pay for itself after a shorter period of time.

Rent: apartment or house?

When a planned move is made, the question often arises as to whether renting still makes sense or whether buying property might not be an alternative. This decision depends primarily on the current living situation. In this sense, renting is particularly suitable if flexibility needs to be maintained and moves to other regions should not be ruled out. For people who want to settle down and are satisfied with the region in the long term, however, buying a house is a good way to save monthly rent and build up their own home.

Realtor commission and fees for rent and purchase

When an estate agent is consulted on renting, buying or selling, there is always a commission for the work done by him. The amount of this commission always depends on different criteria, such as the region or the purchase price of the property. The invoice from the real estate agent usually arrives directly after the notary has taken the minutes. The amount of the commission is freely negotiable and is usually between four and six percent of the purchase price of the property. A recommended total commission of 3.48 percent including value added tax is a realistic value here.

Who pays the estate agent?

The ordering principle does not apply to objects of purchase. This regulates the remuneration of the broker for rental objects. Thus, when buying real estate, the client negotiates a commission with the broker depending on the buyer or seller and to what extent this commission is divided between the buyer and seller after the purchase is completed and who pays it. Depending on the federal state, there are some regulations here that provide more or less leeway for the client.

Buyer principle broker – from when do I pay?

The customer principle is applied to rental objects. It regulates that the person who has commissioned the agent pays the agent. Thus, if the landlord has commissioned an agent to market his property, the agent pays the commission, even if the tenant has responded to the agent’s advertisement. If this happens, the amount of the commission can be freely negotiated between the landlord and the agent. However, if the tenant pays the commission, it may not exceed two months’ rent plus VAT.

Are there brokers for insurances?

Yeah, there are insurance brokers. These people should have a comprehensive knowledge of the insurance market and thus be able to advise customers well. Often, however, insurance brokers are commissioned by the insurance companies themselves, such as Allianz brokers, Gothaer brokers, RUV brokers, DEMA or R+V brokers. This means that they cannot give completely objective advice. They therefore function more as insurance agents, although they should actually advise their customers objectively about different providers.

Top 24 brokers – recommendation Berlin

Top Makler Berlin – To make sure you get the appointment for the flat inspection safely, there are a few little things to consider. The most important tips at a glance. First of all it always depends on your cover letter. When clicking on the usual real estate portals such as Immoscout24, Immowelt and Immonet, you must always convince with your cover letter in the first step. Estate agents receive many enquiries, especially in large cities like Munich, Hamburg and Berlin. Briefly summarized.

  1. Small, creative text with a concrete name of the contact person of the real estate agency. Small tips, avoid common speeches like “Dear Ladies and Gentlemen”
  2. Name the exact object (by ID or street)
  3. Don’t just send a request for an appointment, send a few personal words about your concerns regarding the apartment search
  4. Important, always give your full name and contact details.
  5. Tip! You want to shine especially at the Berlin real estate agent? Take a supplementary letter of motivation with you. Here you give details about yourself (and details such as profession, salary and the expected rental period)

DAHLER & COMPANY Immobilien Berlin

Recommendation for DAHLER & COMPANY on Google: 94 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

DAHLER & COMPANY Immobilien Berlin Wannsee

Recommendation for DAHLER & COMPANY on Google: 129 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

MPW Immobilien Michael Werner GmbH

Recommendation for MPW Immobilien on Google: 124 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Real estate and construction management Max & Bernd Pöppel
Recommendation for Max & Bernd Pöppel on Google: 31 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

SAXOWERT Immobilien GmbH & Co. KG – Broker Berlin

Recommendation for NAME on Google: 29 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

ADEN Immo – Charlottenburg

Recommendation for ADEN Immo on Google: 73 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

black label real estate

Recommendation for Black Label on Google: 37 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Lukinski Luxury Brokers + Agents

Recommendation for Lukinski Luxury Brokers on Google: 3 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

fROM POLL IMMOBILIEN Berlin-Pankow

Recommendation for VON POLL on Google: 33 Rating

4.7/ 5.0 stars

Further information, contact persons and directions:

WERNEBURG IMMOBILIEN

Recommendation for WERNEBURG on Google: 37 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

Top-Immobilien GmbH
Recommendation for Top-Immobilien GmbH on Google: 33Valuation

4.6/ 5.0 stars

Further information, contact persons and directions:

BBI Berlin Brandenburg Real estate

Recommendation for BBI on Google: 27 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

capital city broker

Recommendation for capital city brokers on Google: 54 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

David Borck Immobiliengesellschaft mbH
Recommendation for David Borck real estate company on Google: 32 Rating

4.3/ 5.0 stars

Further information, contact persons and directions:

HIHC Horvat Real Estate GmbH

Recommendation for HIHC Horva on Google: 27 Rating

4.7/ 5.0 stars

Further information, contact persons and directions:

Agas Immobilien GmbH – Living in Berlin & Brandenburg

Recommendation for Agas Immobilien on Google: 20Valuation

4.6/ 5.0 stars

Further information, contact persons and directions:

IMMS – Immobilien Management & Services GmbH

Recommendation for IMMS on Google: 25 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

Maz Immobilien Berlin

Recommendation for Maz properties on Google: 23 Rating

4.7/ 5.0 stars

Further information, contact persons and directions:

First Citiz Berlin

Recommendation for First Citiz Berlin on Google: 27 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Next Estate GmbH

Recommendation for Next Estate on Google: 32 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

  • address: Kollwitzstraße 38, 10405 Berlin
  • Next Estate GmbH
  • Telephone: 030 40301000

McMakler Berlin

Recommendation for NAME on Google: 189 Rating

McBroker/ 5.0 stars

Further information, contact persons and directions:

Yvonne Bachmann Real estate

Recommendation for Yvonne Bachmann on Google: 17Rating

4.5/ 5.0 stars

Further information, contact persons and directions:

AR Real estate

Recommendation for AR Immobilien on Google: 19Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

immoeinfach.de Service GmbH

Recommendation for immoeinfach.de service on Google: 18Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

Wolfgang Schulz Immobilien und Finanzierungsvermittlungen GmbH
Recommendation for Wolfgang Schulz on Google: 18 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Realtor Frankfurt / Main – Flat, condo, house or property in Germany

Finding the right broker is not always easy. That’s why we offer great tips to help you find the perfect broker for your needs, whether it’s renting, buying or even selling property. After the real estate agent tips we have the best real estate agent recommendations in Frankfurt for you, so that you too can fulfil your dream of the perfect property! Tip: You want to invest money and earn passive money? Read all about capital investment. After the broker tips come a little further down the article our recommendations for real estate agents in Frankfurt!

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Immobilien Makler Frankfurt: How to find the best real estate agent

Consulting a real estate agent can be useful when buying or selling a property. The expertise, extensive experience and additional help are all arguments for hiring an estate agent. Whether it is for an apartment, a house or a rental apartment, the estate agent will help where he can to make you happy. By the real estate agent and developer regulation, which defines fair basic conditions for real estate buyers and sellers, you are on the safe side and can successfully complete the real estate search or the real estate sale.

Tips and procedure: the checklist for buying a house

The search for and sale of real estate is characterized by a number of steps that must be taken by the buyer, seller or tenant. From browsing through advertisements to viewing and the purchase contract, there is a lot to consider. This is where insurance companies come into play, such as Allianz Makler, Gothaer Makler, RUV Makler, DEMA or R+V Makler.

Purchase, sale, investment or rent – the broker helps in every situation

Hiring a real estate agent can be helpful in any situation related to real estate. Whether buying, selling, investing or renting. We have listed all the important information from the procedure to tax tips to the buyer principle for you to clarify all questions about the topic of real estate agents.

Frankfurt City: Living in the city centre

purchase: expiry, building and building saving

Buying property without an agent can often prove more difficult than initially thought. There are many different steps and extensive knowledge required to successfully come out of the purchase. A particularly high expenditure of time should not be underestimated here, where an estate agent can help. From the search to the negotiations and the final purchase, an estate agent can save a lot of work and support.

Building can also be an option, depending on the individual situation. Here the process is very different from buying a house and there are many other steps to consider, but a house building can also be supported and accompanied by an estate agent. The right building plot is particularly important here, where many criteria have to be considered.

Sale: valuation and the property value

There are many important points to consider when selling your own property. Especially important is the correct presentation of the property and the determination of the property value from which the purchase price is derived. An estate agent but also an expert can help with this topic, who knows exactly which criteria are important. Here, for example, the location of the property, the standard land value, the energy status of the property and the current market situation play a decisive role.

Brokers support the seller above all in the brokerage of the property, from creating the advertisement to conducting apartment inspections. If the broker does not complete the tasks satisfactorily, the real estate seller can claim a cancellation policy against the broker.

Capital investment: Financial broker – real estate and equity capital

The question as to which capital investment is the most lucrative cannot be answered in a blanket way. Depending on the amount of investment and personal goals, the search for the best investment is more or less difficult. The fact is, however, that the right investment with a suitable return brings with it a worthwhile increase in value and has many advantages for the investor. Real estate as a capital investment becomes very attractive for many investors, especially at the current low interest rates, and offers many advantages for a long-term investment and value enhancement.

The yield is the return on an investment that is achieved within one year, in relation to the investor’s capital investment. The return is therefore an important aspect for measuring the success of capital investments.

The return on equity is calculated using the following return formula:

return after taxes x 100 / tied equity

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Rent: flat or house?

Living for rent has several advantages and disadvantages. An apartment is usually rented because it is only used for a few years. With houses the situation is different again. These are usually bought because the buyers want to settle down and live in the property for several decades. However, houses are also often rented or, depending on the life situation, condominiums are bought. Which is the right decision depends primarily on the respective life situation. At first glance, renting is usually cheaper, more flexible and easier than buying, but in the long run renting can become an expensive pleasure.

In general, a purchase is particularly suitable for those who want to settle down. Those who have a permanent job, want to start a family and feel comfortable in the region are often looking for a property to buy. Here, long-term planning is made and a permanent residence is sought. Those who are just starting their professional life, are unattached and have not yet found the right place to feel at home, prefer to rent because the conditions are simple, no binding loan has to be taken out and the rent can be terminated at any time if living conditions change.

Realtor commission and fees for rent and purchase

Whoever buys a property or a plot of land through an estate agent must of course include the commission from the agent in the overall calculation. You will usually receive the invoice from the real estate agent directly after the notary has taken the minutes. The amount of the commission varies and depends on various factors, such as the region. Mostly it varies between four and six percent of the purchase price of the property. For a property purchase price of 100,000 euros, you pay between 4,000 and 6,000 euros just for the estate agent. However, it is important to know that it is definitely worthwhile and possible to negotiate with the estate agent’s commission, as this is associated with a great deal of leeway. A recommended total commission of 3.48 percent including VAT is a recommendable and realistic value.

Who pays the broker?

The ordering principle does not apply to objects of purchase. This regulates the remuneration of the broker for rental objects. Thus, when buying real estate, the client negotiates a commission with the broker depending on the buyer or seller and to what extent this commission is divided between the buyer and seller after the purchase is completed and who pays it. Depending on the federal state, there are some regulations here that provide more or less leeway for the client.

Buyer principle broker – from when do I pay?

The buyer principle for estate agents applies to rental apartments. Here, the person who has commissioned the agent pays the agent. So if the landlord has commissioned an agent to broker an object, the agent pays the commission. Even if the tenant responds to the agent’s advertisement, the tenant is not allowed to pay any fees or similar. The amount of the commission is freely negotiable in the event that the landlord pays it. However, if the tenant pays it, it is clearly defined. It may not exceed two months’ rent plus VAT.

Are there brokers for insurances ?

Yeah, there are insurance brokers. These people should have a comprehensive knowledge of the insurance market and thus be able to advise customers well. However, it is often the case that insurance brokers are commissioned by the insurance companies themselves and therefore do not provide completely objective advice. They therefore function more as insurance agents, although they should actually advise their customers objectively about different providers.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Top 24 broker – recommendation Frankfurt

Serious, good brokers with top references and good ratings, here they are, the top brokers in Frankfurt! You still have a secret tip? Write to our editorial department.

Top 5 – brokers in Frankfurt

Here is the top 5 for your new apartment or house in FAM!

Ballwanz Real Estate Frankfurt

Recommendation for Ballwanz on Google: 50 Rating

4.4/ 5.0 stars

Further information, contact persons and directions:

  • address: Bockenheimer Landstraße 64, 60323 Frankfurt am Main
  • Ballwanz Website
  • Telephone: 069 787030

LANG Immobilien GmbH

Recommendation for LANG on Google: 25 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

IHV real estate agent for Frankfurt

Recommendation for IHV on Google: 3 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

  • address: Europa-Allee, 60327 Frankfurt am Main
  • IHV Website
  • Phone: 0800 000 8662
    Free of charge from the fixed network for tenants, buyers and sellers

ISIS&Co Real Estate
Recommendation for ISIS on Google: 17 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

      • address: Sophienstrasse 43, 60487 Frankfurt am Main
      • ISIS&CO Immobilien
      • Telephone: 069 78808820

Mattheußer Immobilienvertriebsgesellschaft mbH

Recommendation for Mattheußer on Google: 17 Rating

4.7/ 5.0 stars

Further information, contact persons and directions:

Other top real estate agents

UK real estate

Recommendation for UK properties on Google: 25 Rating

4.7/ 5.0 stars

Further information, contact persons and directions:

Lukinski Luxury Brokers + Agents

Recommendation for Lukinski Luxury Brokers on Google: 3 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

Metz Real Estate

Recommendation for Metz on Google: 30 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

DAHLER & COMPANY Immobilien Frankfurt

Recommendation for DAHLER & COMPANY on Google: 35 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

Dornbusch Real Estate

Recommendation for Dornbusch on Google: 17 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

BAUMANN IMMOBILIEN

Recommendation for BAUMANN on Google: 20Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

Keplerstraße 30, 60318 Frankfurt am Main

SELECT Immobilien GmbH

Recommendation for SELECT on Google: 43Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

von Poll Immobilien GmbH Frankfurt – Westend

Recommendation for by Poll Immobilien on Google: 39 Rating

4.2/ 5.0 stars

Further information, contact persons and directions:

Engel & Völkers Real Estate Frankfurt

Recommendation for Engel & Völkers on Google: 37 Rating

4.4/ 5.0 stars

Further information, contact persons and directions:

Christoph Samitz Immobilien e.K. in Eschborn

Recommendation for Christoph Samitz on Google: 22 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

Schmitt Immobilien GmbH

Recommendation for Schmitt on Google: 20 Rating

4.2/ 5.0 stars

Further information, contact persons and directions:

IMMOBILE AGENCY ROTH

Recommendation for IMMOBILIENAGENTUR ROTH on Google: 24 Rating

4.4/ 5.0 stars

Further information, contact persons and directions:

SoWo Immobilien GmbH

Recommendation for SoWo on Google: 22 Rating

4.4/ 5.0 stars

Further information, contact persons and directions:

JLL – Real Estate Consulting Frankfurt

Recommendation for JLL on Google: 18 Rating

4.1/ 5.0 stars

Further information, contact persons and directions:

Recommendation for Hartmann on Google: 13 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

SANDBERG IMMOBILIEN

Recommendation for SANDBERG on Google: 10 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Lydia Ishikawa Immobilien GmbH
Recommendation for Lydia Ishikawa on Google: 9 Rating

4.4 / 5.0 stars

Further information, contact persons and directions:

Burghardt Immobilien GbR/h4>
Recommendation for Burghardt on Google: 7 Rating

4.4/ 5.0 stars

Further information, contact persons and directions:

A.C. ImmoCenter

Recommendation for A.C. ImmoCenter on Google: 7Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

  • address: OPERNTURM, Bockenheimer Landstraße 2 – 4, 60306 Frankfurt am Main
  • A.C. Immocenter Website
  • Telephone: 06101 9888940

Real estate Lindstedt Management GmbH & Co.KG

Recommendation for Lindstedt on Google: 29 Rating

4.7/ 5.0 stars

Further information, contact persons and directions:

Find a broker: Helpful Links

Berlin, Cologne, Hamburg, Munich, Dubai, New York - we have the best of the best for you!

Germany

International

Luxury Realtor

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor
 

+

Realtor Cologne – Flat, condo, house or property in Germany

Finding the right real estate agent for rent, purchase or sale is not always easy. So that you know what to look out for, we show you the best tips to find the perfect estate agent for your needs. After the tips I have compiled the top recommendations for real estate agents in Cologne for you! Tip: You want to invest money and earn passive money? Read all about capital investment.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Real estate agent Cologne: How to find the best real estate agent

Consulting a real estate agent can be useful when buying or selling a property. The knowledge, the extensive experience and the additional help are all arguments for hiring an estate agent. Whether it is for an apartment, a house or a rental apartment, the estate agent will help where he can to make you happy. The Real Estate Agent and Property Developer Ordinance protects against fraud and defines the services to be carried out for real estate agents.

Tips and procedure: Checklist

When it comes to real estate, there are many different things to consider. No matter whether it is a purchase of real estate or a sale. Things such as insurance must be clarified in advance with the help of insurance companies such as Allianz Makler, Gothaer Makler, RUV Makler, DEMA or R+V Makler. For each individual case different things have to be considered.

Purchase, sale, investment or rent

A broker can be helpful in many situations. Both when buying and selling but also when renting. Find out everything about buying, selling, renting and investing now!

Purchase: procedure, building and building society savings

When buying real estate, the first question is always: buy property with or without an agent? But also the financing or, for example, the subject of building or buying is on the minds of some prospective buyers. However, the question of which alternative is the most sensible cannot be answered across the board. This decision depends on many individual factors, such as the location, the offer and personal wishes.

Sale: Evaluation and viewing appointments

The correct valuation of the property is particularly important when selling. Even if most sellers still know what you have paid for their property, this is not necessarily the sale value. Renovations may have increased the value of a property, which can lead to a higher selling price. An estate agent can help you determine the value of the property or recommend an expert in the field. However, an estate agent also has other responsibilities when selling the property, such as coordinating viewings and suggesting potential buyers. If you do not agree with the services of the estate agent, you can claim a cancellation against your estate agent.

Investment: Financial Broker – Real Estate and Equity

For the investment in a house, first and foremost a considerable amount of capital is naturally required. However, by letting the capital invested can grow and the property will pay for itself in the long term. A single-family house offers the advantages compared to other investment properties that it can be offered at a high rental rate, depending on location and quality, and the investment will pay for itself after a shorter period of time.

The rented apartment or house?

Depending on the individual life situation, renting is often the better decision besides the option of buying. Renting offers many advantages, such as increased flexibility, easy termination, but also the freedom to test different regions to live in. Renting is especially suitable for people who have not yet found the right place for eternity, but also for people who have to be flexible due to their job and often move house. Both renting and buying a property offers many advantages and disadvantages, which have to be adjusted according to the life situation.

Realtor commission and fees – the costs of renting and buying

When an estate agent is consulted on renting, buying or selling, there is always a commission for the work done by him. The amount of this commission always depends on different criteria, such as the region or the purchase price of the property. The invoice from the real estate agent usually arrives directly after the notary has taken the minutes. The amount of the commission is freely negotiable and is usually between four and six percent of the purchase price of the property. A recommended total commission of 3.48 percent including value added tax is a realistic value here.

Who pays the estate agent?

Who pays the estate agent depends primarily on whether the property is a rental or a purchase object. In the case of rental objects, the buyer principle applies; however, a different regulation applies to objects of purchase. In the case of objects for purchase, the client negotiates both the broker’s commission and the regulation on the payment of the commission. Here it is therefore determined whether the commission is paid by the buyer, the seller or both. Depending on the federal state, there is more or less leeway for the client with regard to the distribution of the commission payment.

Buyer principle broker – from when do I pay?

The customer principle is applied to rental objects. It regulates that the person who has commissioned the agent pays the agent. Thus, if the landlord has commissioned an agent to market his property, the agent pays the commission, even if the tenant has responded to the agent’s advertisement. If this happens, the amount of the commission can be freely negotiated between the landlord and the agent. However, if the tenant pays the commission, it may not exceed two months’ rent plus VAT.

Are there brokers for insurances ?

Yeah, there are insurance brokers. However, they should not speak in the name of an insurance company like insurance agents, but have extensive knowledge of offers from several insurance companies. The task of an insurance broker is therefore to give objective advice to his customers regarding the best insurance offer. Unfortunately, the reality is that many insurance brokers are commissioned by insurance companies and their opinion and advice no longer remains objective, but rather develops tendencies towards the insurance company that commissioned them.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Top 23 brokers – recommendation Cologne

Recommendation for Citak on Google: 55 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Rheingold Immobilien GmbH
Recommendation for Rheingold on Google: 25 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

IHV – The real estate agents for Cologne

Recommendation for IHV on Google: 3 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • address: Europa-Allee, 60327 Frankfurt am Main
  • IHV Website
  • Phone: 0800 000 8662
    Free of charge from the fixed network for tenants, buyers and sellers

Real estate Ernst

Recommendation for Immobilien Ernst on Google: 97 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

SAYAN Real Estate Cologne

Recommendation for SAYAN on Google: 28 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Lukinski Luxury Brokers + Agents

Recommendation for Lukinski Luxury Brokers on Google: 3 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

WOLKENBURG Real estate

Recommendation for WOLKENBURG on Google: 21 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Immo-Trend24 – Marco Stentenbach e.K.

Recommendation for Immo-Trend24 on Google: 31 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

FALC Real Estate Cologne

Recommendation for FALC on Google: 27 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

MANFRED LANG IMMOBILE SERVICE COLOGNE

Recommendation for MANFRED LANG on Google: 26 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

DAHLER & COMPANY Immobilien Cologne

Recommendation for DAHLER & COMPANY on Google: 28 Rating

4.9/ 5.0 stars

Further information, contact persons and directions:

Cityhouse Immobilien GmbH

Recommendation for Cityhouse on Google: 21 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

Recommendation for REAL HOUSE on Google: 18 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Müller & Lepek Immobilien Cologne

Recommendation for Müller & Lepek on Google: 28 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

BEZNER Immobilien e.K.

Recommendation for BEZNER on Google: 21 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

VON POLL IMMOBILIEN Cologne-Lindenthal

Recommendation for VON POLL on Google: 38 Rating

4.5/ 5.0 stars

Further information, contact persons and directions:

Goost Real Estate

Recommendation for Goost on Google: 18 Rating

4.8/ 5.0 stars

Further information, contact persons and directions:

Recommendation for Company Petra Emmer on Google: 19 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

Melles Breitbach Real estate

Recommendation for Melles Breitbach on Google: 16 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Becker & Becker Immobilien OHG

Recommendation for Becker & Becker on Google: 15 Rating

4.5/ 5.0 stars

Further information, contact persons and directions:

TERRANOVA Immobiliengesellschaft mbH – Property Management Cologne

Recommendation for TERRANOVA on Google: 13 Rating

4.7/ 5.0 stars

Further information, contact persons and directions:

doMstadt Immobiliengesellschaft mbH

Recommendation for doMstadt real estate company on Google: 28 Rating

4.6/ 5.0 stars

Further information, contact persons and directions:

Recommendation for d&b real estate on Google: 14Valuation

4.9/ 5.0 stars

Further information, contact persons and directions:

CENTURY 21 Cologne Real Estate – Real estate agent and expert Cologne Frechen

Recommendation for CENTURY 21 Cologne on Google: 13 Rating

5.0/ 5.0 stars

Further information, contact persons and directions:

Find a broker: Helpful Links

Berlin, Cologne, Hamburg, Munich, Dubai, New York - we have the best of the best for you!

Germany

International

Luxury Realtor

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor
 

+

Realtor Düsseldorf – Flat, condo, house or property in Germany

Consulting an estate agent when buying, selling or renting can have many advantages, but there are also some things to consider. We have therefore summarised the most important tips for you, what you should bear in mind when choosing an estate agent and how to find the right agent for you. Afterwards we have collected the best estate agents from Düsseldorf for you. Tip: You want to invest money and earn passive money? Read all about capital investment.

Real estate agents Düsseldorf: How to find the best agent

Depending on the individual situation, it can be useful to engage a broker. A real estate agent can provide support with expertise and years of experience, whether it is buying, selling or renting a property. The Real Estate Agent and Property Developer Ordinance lays down rules for real estate agents and property developers so that you can expect the best services from your real estate agent.

Tips and procedure: Checklist

The property search and the property sale are characterized by many different steps that must be gone through by the buyer, seller or tenant. From rummaging through exposés to viewing appointments and the purchase contract, there is a lot to consider. This is also where different insurances come into play, such as Allianz broker, Gothaer broker, RUV broker, DEMA or also R+V broker.

Purchase, sale, investment or rent

A broker can be helpful in many situations. Both when buying and selling but also when renting. Find out everything about buying, selling, renting and investing now!

Purchase: procedure, building and building society savings

Real estate can be bought with or without an estate agent. When buying a property with an agent, the agent can give many helpful tips and help with any questions. The agent can also help you with your search and suggest properties that you would not have found without an agent. However, you should not forget that an estate agent costs commission, which is not cheap depending on the object. Whether an estate agent is suitable can therefore only be decided according to the individual situation. It is not possible to say in general whether an estate agent is worthwhile when buying, as many factors such as the location, the region and personal wishes play a role in the decision.

Sale: valuation and tax tips

When selling, the broker’s main task is to relieve the seller and take over the mediation of the property. From the creation of an advertisement with appealing pictures to the execution of the viewings and the suggestion of a suitable buyer, the broker relieves the seller of the time-consuming tasks and advises him with his expertise and years of experience. If the estate agent does not carry out the tasks satisfactorily, you can assert a right of revocation against him and you do not have to pay for the services carried out.

Capital investment: Financial broker – real estate and equity capital

For the investment in a house, first and foremost a considerable amount of capital is naturally required. However, by letting the capital invested can grow and the property will pay for itself in the long term. A single-family house offers the advantages compared to other investment properties that it can be offered at a high rental rate, depending on location and quality, and the investment will pay for itself after a shorter period of time.

Rent: apartment or house?

Living for rent has several advantages and disadvantages. An apartment is usually rented because it is only used for a few years. With houses the situation is different again. These are usually bought because the buyers want to settle down and live in the property for several decades. However, houses are also often rented or, depending on the life situation, condominiums are bought. Which is the right decision depends primarily on the respective life situation. At first glance, renting is usually cheaper, more flexible and easier than buying, but in the long run renting can become an expensive pleasure. In general, a purchase is particularly suitable for those who want to settle down.

Real estate agent commission and fees for rent and purchase

The broker’s commission depends on whether the property is for sale or rent. In the case of objects for sale, the commission is negotiated, whereas the buyer principle applies to rental objects. The amount of commission depends on various criteria, such as the purchase price or the region. In general, the commission is between 4 and 6 percent of the purchase price, so for a property worth 100000 Euros, the commission is already 4000 – 6000 Euros. The negotiations about the commission are therefore worthwhile. Recommendable and realistic is a total commission of 3.48 percent including value added tax. However, it is important to note that this can vary from region to region.

Who pays the broker?

The ordering principle does not apply to objects of purchase. This regulates the remuneration of the broker for rental objects. Thus, when buying real estate, the client negotiates a commission with the broker depending on the buyer or seller and to what extent this commission is divided between the buyer and seller after the purchase is completed and who pays it. Depending on the federal state, there are some regulations here that provide more or less leeway for the client.

Buyer principle broker – from when do I pay?

The customer principle is applied to rental properties. It regulates that the person who has commissioned the agent pays the agent. Thus, if the landlord has commissioned an agent to market his property, the agent pays the commission, even if the tenant has responded to the agent’s advertisement. If this happens, the amount of the commission can be freely negotiated between the landlord and the agent. However, if the tenant pays the commission, it may not exceed two months’ rent plus VAT.

Are there brokers for insurances ?

Yeah, there are insurance brokers. These people should have a comprehensive knowledge of the insurance market and thus be able to advise customers well. However, it is often the case that insurance brokers are commissioned by the insurance companies themselves and therefore do not provide completely objective advice. They therefore function more as insurance agents, although they should actually advise their customers objectively about different providers.

Top 24 broker – recommendation Düsseldorf

Krischer Immobilien

Recommendation for Krischer Immobilien on Google: 82 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

DAHLER & COMPANY Immobilien

Recommendation for DAHLER & COMPANY Immobilien on Google: 32 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Real estate competence centre

Recommendation for real estate competence center on Google: 62 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

duesselraum immobilien OHG

Recommendation for duesselraum immobilien OHG on Google: 68 Rating

4.7 / 5.0 stars

Further information, contact persons and directions:

Lukinski Luxury Brokers + Agents

Recommendation for Lukinski Luxury Brokers on Google: 3 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

Graefer Immobilien

Recommendation for Graefer Immobilien on Google: 26 Rating

4.5 / 5.0 stars

Further information, contact persons and directions:

Supanz real estate

Recommendation for Supanz real estate on Google: 26 Valuation

4.4 / 5.0 stars

Further information, contact persons and directions:

Schnorrenberger Immobilien GmbH & Co. KG

Recommendation for Schnorrenberger Immobilien GmbH & Co. KG on Google: 17 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Dix Rainer Immobilien

Recommendation for Dix Rainer Immobilien on Google: 15 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Angel & Völkers・Immobilienmakler

Recommendation for Engel & Völkers estate agent on Google: 14 Rating

4.7 / 5.0 stars

Further information, contact persons and directions:

Wulff & Jenert GmbH

Recommendation for Wulff & Jenert GmbH on Google: 13 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

McMakler Düsseldorf

Recommendation for McMakler Düsseldorf on Google: 21 Rating

3.5 / 5.0 stars

Further information, contact persons and directions:

  • address: Berliner Allee 47, 40212 Düsseldorf
  • McMakler Website
  • phone: 0800 5008002

From Poll Property

Recommendation for Von Poll Immobilien on Google: 13 Rating

3.0 / 5.0 stars

Further information, contact persons and directions:

  • address: Kaiserstraße 50, 40479 Düsseldorf
  • Website From Poll
  • Telephone: 0211 8632380

Katrin Rekittke Immobilien

Recommendation for Katrin Rekittke Immobilien on Google: 12 Rating

4.5 / 5.0 stars

Further information, contact persons and directions:

Lomberg Immobilien KG

Recommendation for Lomberg Immobilien KG on Google: 18 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

Frank Ewe Immobilien

Recommendation for Frank Ewe Immobilien on Google: 8 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Wolfgang Pauly Immobilien GmbH

Recommendation for Wolfgang Pauly Immobilien GmbH on Google: 12 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Vester Immobilien

Recommendation for Vester Immobilien on Google: 14 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

RAYAK real estate

Recommendation for RAYAK properties on Google: 17 Rating

4.3 / 5.0 stars

Further information, contact persons and directions:

raumgut Immobilien GmbH

Recommendation for raumgut Immobilien GmbH on Google: 8 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

RhineReal estate Tomas Friebel

Recommendation for RheinImmobilien Tomas Friebel on Google: 5 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Clotten Immobilien

Recommendation for Clotten Immobilien on Google: 9 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Deussen Immobilien GmbH

Recommendation for Deussen Immobilien GmbH on Google: 12 Rating

4.7 / 5.0 stars

Further information, contact persons and directions:

Pauls Immobilien

Recommendation for Paul’s properties on Google: 14 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

Villeroy Real Estate

Recommendation for Villeroy properties on Google: 3 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

Realtor Los Angeles – The dream property in California

Sunsets in Malibu and the glamorous life in Hollywood We have all these associations with Los Angeles, the city of angels. To live and work there is a dream for many people, but it is connected with many hurdles. One of them is to find the right property for your living situation, where your American Dream can come true. Read all about capital investment.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Real estate agent Los Angeles: How to find the best real estate agent

A real estate agent can be worth his weight in gold when looking for property and should therefore be considered when looking for a property abroad. Particularly in areas where you are not yet familiar with your own area, an estate agent can be of help with expertise on the region and property in general.

The procedure – find the best tips and the checklist for real estate agents

Anyone who has decided to use the help of an estate agent in their search for property is now only faced with one task. Finding the right real estate agent. Because not every agent suits everyone. Since many brokers specialize in certain areas, such as rental apartments or luxury villas, it is important to find the right one for your own needs and wishes. If you are looking for the right real estate agent, the following points should be considered:

Purchase, sale or rent – the tasks of the broker in different situations

A real estate agent is available for real estate questions with sufficient expertise and a certain know-how. In doing so, he takes on the most diverse tasks. What you have to consider when choosing the right real estate agent, you can find out now!

purchase: tasks, building and building society savings

When buying real estate, the broker takes the important part of finding and viewing with you various properties that fit your ideas. Once your dream property has been found, the agent will be at your side until the contract is signed and can give you important tips for negotiations and notary appointments.

Sale: valuation and tax tips

When selling, the broker should above all relieve the seller of time. Since a house sale is very time-consuming, the broker takes over the most important tasks from the creation of the advertisement to the execution of viewing appointments and price negotiations. The broker’s expertise can be very beneficial to you in this situation.

rent: Flat or house?

The broker can be active on both sides of the rent. For the tenant, the broker can find suitable rental objects and help with the mediation. For the tenant, the broker will help to find a tenant for the property as soon as possible. However, the agent has different commission rules for renting than for buying property.

Top broker recommendation – Los Angeles

Platinum Properties – Yaron Hassid

Recommendation for Platinum Properties – Yaron Hassid on Google: 65 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

Halton Pardee + Partners, Inc.
Recommendation for Halton Pardee + Partners, Inc. on Google: 17 Rating

4.3 / 5.0 stars

Further information, contact persons and directions:

EGL Properties Inc.

Recommendation for EGL Properties Inc. on Google: 119 Rating

3.9 / 5.0 stars

Further information, contact persons and directions:

  • 1543 Pontius Ave, Los Angeles, CA 90025, USA
  • Phone: +1 310-481-0922
  • EGL website

Lukinski Property Brokers

Recommendation for Lukinski on Google: 2 Ratings.

4.8 / 5.0 stars

Further information, contact persons and directions:

Recommendation for Commercial Brokers International on Google: 27 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

RE/MAX Estate Properties

Recommendation for RE/MAX Estate Properties on Google: 10 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

  • 10931 W Pico Blvd, Los Angeles, CA 90064, USA
  • Phone: +1 310-559-5570
  • RE/MAX Website

Westside Estate Agency

Recommendation for Westside Estate Agency on Google: 4 Rating

4.8 / 5.0 stars

Further information, contact persons and directions:

  • 210 N Canon Dr, Beverly Hills, CA 90210, USA
  • Phone: +1 310-247-7770

Secured Properties Inc.

Recommendation for Secured Properties Inc. on Google: 6 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • Phone: +1 213-389-5888

Douglas Elliman Brentwood

Recommendation for Douglas Elliman Brentwood on Google: 4 Rating

4.0 / 5.0 stars

Further information, contact persons and directions:

  • 11990 San Vicente Blvd #100, Los Angeles, CA 90049, USA
  • Phone: +1 424-203-1800

Barry Gray Real Estate

Recommendation for Barry Gray Real Estate on Google: 3 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • 132 N Larchmont Blvd, Los Angeles, CA 90004, USA
  • Phone: +1 323-822-3200

Century West Properties

Recommendation for Century West Properties on Google: 30 Rating

3.9 / 5.0 stars

Further information, contact persons and directions:

  • 12327 Santa Monica Blvd #101, Los Angeles, CA 90025, USA
  • Phone: +1 310-899-9580

Silver Lake Blog | Real Estate

Recommendation for Silver Lake Blog | Real Estate on Google: 22 Rating

4.9 / 5.0 stars

Further information, contact persons and directions:

  • 1801 N Hillhurst Ave #1, Los Angeles, CA 90027, USA
  • Phone: +1 310-913-9477
Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

+

Realtor Dubai – The perfect property in the desert

Dubai enchants with its mixture of skyscrapers, uniqueness and the special location in a desert environment. The atmosphere is unique and the progress can be felt everywhere. The richness and glamorous life is within reach and on display everywhere. Living in such a special city is probably a dream come true for many people, which can come true with the right estate agent. Read all about capital investment.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Real Estate Agent Dubai: How to find the best real estate agent

Real Estate Agents help their clients to find the perfect property with the help of extensive knowledge and contacts, anywhere in the world. Brokers often specialize in different areas, such as rental apartments, luxury villas or public real estate. Find out everything about real estate agents in our magazine!

The procedure – the best tips and the checklist to find an estate agent

Anyone who has decided to use the help of an estate agent in their search for property is now faced with only one task. Finding the right real estate agent. Because not every agent suits everyone. Since many brokers specialize in certain areas, such as rental apartments or luxury villas, it is important to find the right one for your own needs and wishes. If you are looking for the right real estate agent, the following points should be considered:

Purchase, sale or rent – the tasks of the broker in different situations

A real estate agent is available for real estate questions with sufficient expertise and a certain know-how. In doing so, he takes on the most diverse tasks. What you have to consider when choosing the right real estate agent, you can find out now!

purchase: tasks, building and building society savings

When buying a property, the expertise of an estate agent can be worth its weight in gold. The broker’s primary task is to find different properties for your needs and to view them with you. If the right property is available, the know-how in price negotiations and the sales contract can help to achieve the best result for you.

Sale: valuation and tax tips

When selling his own property, an estate agent should have one thing above all else. Reduce work and relieve the seller. A house sale involves a high expenditure of time, from the preparation of the exposé over viewing appointments up to the conclusion of the contract, the broker takes over all tasks as far as possible and is available to advise with his expertise.

rent: Flat or house ?

The broker can be active on both sides of the rent. For the tenant, the broker can find suitable rental objects and help with the mediation. For the tenant, the broker will help to find a tenant for the property as soon as possible. However, the agent has different commission rules for renting than for buying property.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Top broker recommendation – Dubai

Espace Real Estate

Recommendation for Espace Real Estate on Google: 76 Rating

4.2 / 5.0 stars

Further information, contact persons and directions:

Vierra Property Broker

Recommendation for Vierra Property Broker on Google: 16 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • Office 714, Le Solarium – Dubai – United Arab Emirates
  • Telephone: +971 4 888 6811
  • Vierra Website

Venture Horizon Real Estate Brokers LLC

Recommendation for Venture Horizon Real Estate Brokers LLC on Google: 6 Rating

4.5 / 5.0 stars

Further information, contact persons and directions:

Lukinski Property Brokers Germany / Dubai

Recommendation for Lukinski on Google: 3 Ratings.

4.6 / 5.0 stars

Further information, contact persons and directions:

house & house Real Estate Broker

Recommendation for haus & haus Real Estate Broker on Google: 34 Rating

4.6 / 5.0 stars

Further information, contact persons and directions:

  • 1st floor, Unit 3111, Building No. 3, Gold & Diamond Park – Dubai
  • Telephone: +971 4 302 5800
  • house & house website

Allsopp & Allsopp – Business Bay

Recommendation for Name on Google: 73 Rating

3.2 / 5.0 stars

Further information, contact persons and directions:

  • Telephone: +971 4 429 4444

Herald Land Real Estate Brokers LLC

Recommendation for Herald Land Real Estate Brokers LLC on Google: 9 Rating

4.3 / 5.0 stars

Further information, contact persons and directions:

  • Telephone: +971 4 440 3100

PH Real Estate Brokers

Recommendation for PH Real Estate Brokers on Google: 54 Rating

4.1 / 5.0 stars

Further information, contact persons and directions:

  • Telephone: +971 4 408 7000

Always Property : Dubai Real Estate

Recommendation for Always Property : Dubai Real Estate on Google: 4 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • Telephone: +971 4 452 2267

First Royal Gate Real Estate Agency Dubai UAE

Recommendation for Name on Google: 2 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • Empire Heights Towers – Tower A – Marasi Drive Street – Dubai. Business Bay, Tower A, 4Floor, office No:, 406 – Dubai – United Arab Emirates
  • Telephone: +971 56 589 0234

Triangle City Real Estate Broker

Recommendation for Triangle City Real Estate Broker on Google: 16 Rating

4.1 / 5.0 stars

Further information, contact persons and directions:

  • 18 X-21 ENG-IC1 Dubai – Dubai – United Arab Emirates
  • Telephone: +971 55 718 6029

99 Real estate

Recommendation for 99 Real Estate on Google: 3 Rating

5.0 / 5.0 stars

Further information, contact persons and directions:

  • phone: +971 800 289

Find a broker: Helpful Links

Berlin, Cologne, Hamburg, Munich, Dubai, New York - we have the best of the best for you!

Germany

International

Luxury Realtor

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor
 

+

Investment XXL – Real Estate, Stock, Gold, Cars, Arts & Co

Capital investment – 1.000 Dollar, 10.000 Dollar, 100.000 Dollar, from when is it worthwhile to invest in real estate, shares, funds, overnight money, cars and art? Consumers can use different possibilities to invest capital. There are many mistakes. Therefore, investors should know in advance what risks they actually want to take. For the final selection of the individual investment, it is important to know how much capital you want to invest. Did you already know? Real estate can offer additional tax advantages when investing capital.

Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

Types of investment and alternatives

Where can 1,000 to 100,000 dollar be invested to get the top results? There are many different ways in which savers can invest their money. Which forms of investment are suitable for short, medium and long-term investment? There are many more questions! What does investment in real estate mean? How do you calculate the return on a property? What is a safe investment? Is real estate a good investment? We start with the simplest forms: Saving money. Later we also come to topics such as cars, safe investments like real estate and speculative investments like art.

Investment Portfolio: Asset diversification

Anyone who has learned from the past, from economic crises to currency fluctuations and inflation, should diversify their capital in such a way that even in uncertain times, a certain degree of freedom and mobility is maintained, that is:

  • 1/3 Fixed-income assets/securities
  • 1/3 Real estate
  • 1/3 Mobile material assets, e.g. diamonds

Savings book – The classic

The savings book offers, especially for young people, a good start through the mental obligation to regularly deposit money. The big disadvantage is that interest rates are currently low, even close to zero.

The classic savings book is suitable for continuous asset accumulation. You regularly pay your monthly savings contribution, for example through your salary. Often the account management is free of charge and every dollar deposited earns interest, albeit small

A savings account is easy to set up for just about everyone. With the way to the bank or the on-line mechanism over a direct bank, for each saver possible, flexible availability of the capital very small capital yields very low nearly none. The yield of savings books is very low and therefore there is almost no risk. Savings books are easy to set up, possible for every saver, flexible availability of capital. But there are also disadvantages of passbooks such as very low returns on investment.

Facts about the passbook

The 3 most important facts about the savings book:

  • possibility to invest the first capital stock
  • no (extremely low) default risk
  • available for everyone

The savings book offers a secure investment and is a good option, without risk, especially for people who want to build up their first small capital stock.

Read more about the simplest form of investment, the passbook.

Fixed-term money – binding term and yield

Money that you do not need to access for the next 1 to 3 years can be invested in a term deposit account. The longer the term, the higher the interest.

Fixed-term deposits offer the advantage of easy set-up, stable interest rates and various maturities are selectable early termination is often not possible, termination is only possible for a fee. The risk assessment of fixed-term deposits is therefore low compared to the investment alternatives. However, the current yield of fixed-term deposits is just as low due to the current interest rate situation as is the risk – a trade-off that every saver must weigh up for himself. Therefore, just like a savings book, a fixed-term deposit is easy to set up, it offers stable interest rates and you can choose different maturities. Conclusion: Many advantages, little return.

Facts about the time deposit

The 3 most important facts about time deposits:

  • For capital that is not essential needed
  • Obligatory term (previous exit only with losses)
  • Fixed return after time

Overall, fixed-term deposits are suitable for people who can do without part of their capital for a certain period of time. This is invested with a fixed term, in return for which you receive a fixed return.

Binding term and yield, read more about saving with a fixed-term deposit

For those who want to calculate their possible interest payments themselves, there are very simple formulas available for calculation. The two most important are these:

Interest per year:

Interest per year = (investment capital x interest rate) / 100

Interest per day:

Interest for t days = (investment capital x interest rate x t) / (100 x days per year)

Daily allowance – flexibility and security

Overnight money is absolutely easy to set up, often the offer is included ready in the opening of the account. Your deposited capital is available at any time, unlike investing in a fixed-term deposit account with a binding term. For the start with overnight money you need only a small investment income or income.

Due to the current interest rate development, as will be seen later in the statistics, the increase of capital via overnight money is only worthwhile from very large amounts of money. In return, you have a very low, almost no risk in your capital investment. The current return on overnight money is very low as described, which is little to no risk, but you will hardly make any profit. Overnight money is like time deposits and savings books easy to set up in many bank branches and of course online. Your capital is always available.

Facts about the overnight money

The 3 most important facts about the daily allowance:

  1. Available for everyone
  2. Constant availability of your money
  3. Low return

Overnight money is a flexible reserve option for small savers. You can fall back on your money at any time, but the returns are more moderate than with a time deposit.

Current interest rates and more: call money.

Overnight money comparison: Interest rate development from 120+ banks

The basis of the interest rate statistics are currently 12 tested overnight deposit accounts, which you will also find in all overnight deposit comparisons.

  • 2008 by 4.15%
  • 2010 by 1.12
  • 2012 by 1.22%
  • 2014 by 0.39%
  • 2016 by 0.12%
  • 2018 by -0.03%
  • 2020 by -0.08%

Deposits rise despite falling interest rates

How do interest rate developments relate to the amount of deposits? As we have already noted with regard to the savings book, this is mainly due to the scepticism of savers, towards the stock market and the economy.

In general, one should be able to assume that the current fall in interest rates, which is dependent on the interest rate situation, will lead to a corresponding fall in interest among savers.

However, as the chart shows, this is not necessarily the case, as a glance at the infographics below shows. In the chart you can see how the interest rates on overnight deposit accounts have been falling steadily since the beginning of 2012, but the amount of deposits of private households with daily maturity almost always increases.

More facts and figures about overnight money.

Direct comparison – savings book, overnight and time deposits

daily allowance fixed income savings book
Possible interest from 0 to 0,50 % From 0.001 to 1.97 % 0.1 to 1.97 %
investment amount 1 to unlimited 1 to unlimited 1,000 Dollar to unlimited
Installation time unlimited 30 days to 10 years 1 to 10 years
security at least 100,000 dollar through the statutory deposit insurance (S&P country rating to be observed) at least 100,000 dollar through the statutory deposit insurance (S&P country rating to be observed) at least 100,000 dollar through the statutory deposit insurance (S&P country rating to be observed)

Building society contracts – house purchase, construction and conversion

When you save with a building society, you benefit from various support options such as premiums from the state. You can use your bauspar contract for the construction, purchase or conversion of a house. However, a bauspar contract is also interesting for real estate owners, for example to finance modernization measures. The respective costs depend strongly on the provider. Read more about bauspar saving here.

Procedure and phases – The strengths of a building society contract lie in its fixed planning capability. A bauspar contract consists of two phases, the saving and the saving phase. With a bauspar contract you first save about half of the planned bauspar sum (see bauspar calculator), the other half is then available as a loan at a fixed interest rate.

As already described, there are many questions, ranging from what is the savings phase and how long is the term of a savings agreement to what is meant by a savings agreement? But the advantages and disadvantages are also important for many people who want to start saving. What are the advantages of a bauspar contract?

No equity capital necessary – the highlight of every bauspar contract is that it can be used without any equity capital at all. It can be set up anywhere, locally in branches but also online in comparison portals.

The disadvantage, the payout is bound to strict regulations, the risk of default is extremely low, especially with old contracts. Did you already know? It is possible to convert building society contracts into capital investments by paying premiums – but this advantage is usually limited to the old contracts just mentioned. Unfortunately, such contracts are hardly offered anymore with the current interest rate situation. The current yield of bauspar contracts is average.

Facts on building saving

The most important 3 facts about the building society contract:

  1. No equity capital required
  2. Support through premiums from the State
  3. Earmarked (according to strict regulations) for house construction, purchase and reconstruction

Building society savings really pays off for everyone. The conclusion is simple, the plan has a clear goal. No matter whether it is rent-free living or old-age provision, building saving is a real must in order to build up equity.

Read more about bausparing here.

Real estate – capital investment and retirement provision

The great advantage of real estate as a capital investment is its long-term value and, in addition, the corresponding increase in value in a good location. If you are looking for an exclusive property, you do not need a normal broker but a luxury realtor with specific knowledge and a good network. Many of these objects will never appear in the usual real estate portals.

Another advantage in the current interest rate situation, the investment of capital is possible through cheap loans with favorable financing – according to the motto, if not now, then when? Of course, there is also the option of tax advantages, but these should be discussed and planned with an experienced real estate agent or tax consultant. Read more about capital investment real estate here.

Real estate overview: Risk assessment

The most popular are

  • Plots of land
  • Condominiums
  • Private homes
  • Pure and semi-detached houses
  • Retirement home

The risks and disadvantages include the complex effort involved in buying and selling real estate. From collecting the documents to the viewing appointments and the negotiation phase or the purchase contract.

The increase in value is strongly dependent on the location, as describe.  In addition, as a property owner you will have responsibilities as a home owner and property manager if you do not outsource the service to a company. To get started in real estate, you usually need a lot of equity, depending on various factors.

The return on property is average, with a high tendency for good properties in attractive locations. The local increase in value of any property, whether it is a condominium or a home of your own, depends strongly on the location. Prices literally explode in cities like Munich and Hamburg. The risk as well as the return on real estate is medium to high, depending on the various factors mentioned. Real estate offers long-term value, which is its great advantage, also for investors who are thinking about retirement provisions.

Facts about real estate

The 3 most important facts about real estate as an investment:

  1. Requires a lot of equity from the saver
  2. Long-term capital commitment
  3. Requires know how when buying (object, location, etc.)

Real estate is advisable for laymen, like stocks, at the first purchase only with the help of experts (e.g. real estate agents). It is a long way from the first research to the inspection and the purchase contract as well as the subsequent property management.

Read more about capital investment real estate.

The question as to which capital investment is the most lucrative cannot be answered in a blanket way. Depending on the amount of investment and personal goals, the search for the best capital investment is more or less difficult. The fact is, however, that the right investment with a suitable return brings with it a worthwhile increase in value and has many advantages for the investor.

Procedure and selection process

This is how you buy real estate:

  1. Keep a cool head when buying property and don’t let personal feelings guide you.
  2. Always let him show you a sample calculation of the yield of the property and question the assumptions.
  3. Compare the return on your property purchase with that of other investments.
  4. 4Take advantage of the competition among the providers of construction financing.

Invest money in real estate

Real estate as a capital investment becomes very attractive for many investors, especially at the current low interest rates, and offers many advantages for long-term investment and value enhancement. We give you the most important tips:

  1. Key figures
  2. Land as an investment
  3. Semi-detached houses and apartment buildings
  4. Buyer tips

And much more you can find now in the article “Real estate as a capital investment?

Equities – risk and return

Access to shares is easy for everyone, online or in the bank branch. Every bank offers such accounts, some also charge custodian fees. Read more about buying and selling shares here.

For laymen there is always a risk, because the trade is confusing. Stock market tickers, news, tweets, many things influence prices and developments. The (daily) trading with shares requires competence and experience. In case of speculations, high losses are possible immediately. This means that the risk, but also the loss in case of doubt, is medium to high. If you want to start trading more safely, you should use ETFs. Where there is shadow, there is sun. For example, the returns on shares are just as medium to high compared to traditional investments such as savings books, time deposits or overnight money. You can read more about this in our articles on equities and index funds (ETF).

Facts on shares

The 3 most important facts about shares as a capital investment:

  1. Know how required
  2. High risk (even complete failure possible)
  3. Purchase fees must be taken into account in the volume

Equities offer great returns, as we also show in the dividend payout in the example on our article. It is only important that you take a close look at shares before you make your first purchase. We tell you what you need to consider in the first steps.

Read more about buying and selling shares here.

Is it worthwhile buying shares?

Anyone who holds shares for a longer period of time will receive dividends at the end of the financial year, if they are successful.

271.1 % Increase in dividends in 15 years

In this diagram, you can see very impressively how dividends are rising year after year, billion after billion. This is the development of the dividend payments of DAX companies in the years from 2003 to 2019 (in billions of dollars). The leap from 2004 to 2019 alone, i.e. 15 years, resulted in an additional annual payout of 27.8 billion dollars. This represents an increase of 271.15 % over the previous year.

Read more here and look at the statistics that show the extreme rise in profits in the stock market: Stock trading.

Funds (ETF) – Less risk and return

ETFs are bundled shares, which reduces the risk (default, profit and loss peaks). The A&O in the balancing process. ETFs are linked to fixed terms. Read more about safe investment in funds here.

Funds, like shares, must be set up at every bank. Different investment portfolios are possible and thus a corresponding gradation according to the risk appetite of the individual investor is possible. Of course everyone knows the tax advantages that are possible with capital transactions. Due to the large selection of fund products you can spread the risk well.

Each purchase and the fund management costs fees. Your capital is tied up for the long term, dissolution is only possible with loss before the end of the term.

The current return of funds is medium (compared to the investment alternatives) and the risk of funds is absolutely manageable.

Facts about funds

The 3 most important facts about funds as capital investment:

  1. Binding maturity (earlier exit associated with losses)
  2. Minimized risk through bundled individual values
  3. Purchase fees must be taken into account in the volume

For those who can save money, funds are an excellent alternative to individual shares. Bundled funds are less sensitive as they contain many players that are more stable overall. Returns are correspondingly more moderate than for equities, but as you can quickly see in our best practice of dividends, it is worth investing in. In the last 15 years alone, dividends have tripled, from 2004 to 2019, which is 15 years, bringing an additional annual payout of 27.8 billion dollars. An increase of 271.15 % over the previous year.

Read more about safe investment in funds here.

Shares & Funds – Tips for your first purchase

If you are interested in buying an ETF, you will find many different pricing models on the internet. Here the individual prices per trade depend on the online broker. The standard fees are usually five to eight, maximum ten dollars. There is also a fee of 0.25%, depending on the amount traded. The fee per purchase is typically limited to an upper maximum amount.

First purchase: 100, 1,000 or 10,000 dollars ?

Another unbeatable advantage in fund trading, even with small investment amounts you can get in. When investing in real estate, you have to present 10% – 20% equity capital to the bank, which in large cities such as Hamburg, Berlin, Munich and Cologne can quickly amount to 50,000 – 100,000 Dollars. Investing in equity funds is often worthwhile at only 10% of the sum, about 5,000 – 10,000 dollars per package.

Why should you not buy smaller packages? There is an order fee for each trade. If you buy a package for 100 Dollars, many banks charge an order fee of 5-8 Dollars directly. Accordingly, your portfolio will shrink directly to 92-95 Dollars. This means that you have already made the first 5-8 Dollar loss, which a corresponding rise in the price of the fund must first offset. That means, directly at the purchase 5% – 8%

Loss of value.

Purchase of 100 Dollar Ø 6.5% loss
plus 0.25% trading fee

If you buy a package of 1.000 Dollar, the trading fee of our exemplary 5-8 Dollar is already much less important. With a purchase of 1.000 Dollar you keep 992-995 Dollar in value. Accordingly, the loss in value is reduced to only 0.5% – 0.8%.

Purchase of 1.000 Dollar Ø 0.65% loss
plus 0.25% trading fee

With a package of 10,000 dollars and an order fee of 5-8 dollars, the loss in value is directly reduced to 0.05% – 0.08%.

Purchase of 10,000 Dollar Ø 0.07% loss
plus 0.25% trading fee

Therefore it is worthwhile to buy larger packages directly.

In addition, there is the previously mentioned purchase fee of about 0.25% of the traded package.

Of course, the administration fee for your portfolio is just as favourable. The more value you hold, the smaller the effect on your portfolio.

You can find more interesting facts here:

  • Stocks
  • Funds

Bonds – yield and rating

Government bonds, or treasury bonds, are usually available in the local currency. In contrast to treasury bills (2 years), German Government securities have a relatively long maturity. This maturity is for example 10 or even 30 years. Read more about government bonds as capital investments here.

So when you buy a government bond, you are an investor lending money to the state. This bond is granted for a fixed period of time. In return, you as a lender receive a fixed interest rate, so-called coupons. The nominal value of a bond usually remains the same over the entire period.

Facts on government bonds

The 3 most important facts about government bonds as a capital investment:

  1. Government bonds are used to finance government spending, so you lend money to the government when you buy bonds
  2. Government bonds pay a fixed interest rate annually to the investor, the so-called coupon
  3. The interest rate and price of the government bond issued is based, for example, on the current creditworthiness of the issuing country.

Government bonds are a safe bank for money. Whoever deals with the current inflation sees quickly, government bonds currently bring no returns.

Read more about the topic Government Bond here

Yield with 10-year maturity

Yield on ten-year government bonds of selected countries worldwide in October 2019.

Positive interest income

  1. USA with 1.7
  2. Greece with 1.34
  3. Italy with 0,92 %.
  4. Spain with 0,22 %.
  5. Portugal with 0,19
  6. Ireland with 0.02

Negative interest income

  1. Germany with – 0.45
  2. Luxembourg with -0.39
  3. Netherlands with -0.3 1%
  4. Austria with -0.2
  5. Finland with -0.2
  6. Japan with -0.16
  7. France with -0.14
  8. Belgium with -0.14%

Precious metals – gold, silver, platinum & palladium

Gold, silver, platinum & palladium and the current price – here you will find everything about precious metals as an investment. Gold in particular is regarded as the investment form during and outside of crises. Did you already know? The purchase of investment gold is exempt from VAT. Current prices, tips and more on the subject under precious metals as a capital investment.

Precious metals can be used as an investment form by the investor without much know-how (an exception is silver).

In contrast to investments such as vintage cars or art, a concrete value is tangible and is determined daily on the world’s stock exchanges. Investors only have to follow the current share price. But be careful: high fluctuations in the price of gold (and other precious metals) are also possible here, so the risk is medium to high (for example with silver).

The return is medium, depending on the price development. The yield of precious metals is medium to high, depending on the price development, as is the risk of precious metals. Precious metals are an attractive form of investment worldwide. It can be used at short notice, without great know-how. Through stock exchanges and trading, concrete values are always within reach. You as investor only have to follow the share price. Of course there are also risks with precious metals as well as the generally high fluctuations, as known from the gold price.

Facts on precious metals

The 3 most important facts about precious metals as a capital investment:

  1. Gold is mainly bought in times of crisis, so the price development is often contrary to the stock prices (accordingly predictable)
  2. Platinum is particularly rare and valuable (as seen in cars as an investment or in art as an investment, rarity is a top indicator), accordingly palladium is such an interesting substitute
  3. Palladium is very interesting because it can replace platinum in the industry

The big advantage of precious metal is that you can always follow the current prices and thus have a solid assessment of value and appreciation (when looking at the current prices and also history)

Current prices, tips and more about gold, silver, platinum and co. under precious metals as a capital investment.

Diamonds – Valuation & Certificate

Diamonds offer protection against inflation, bank failures, stock market crashes and currency reforms. Not only that, anonymity also plays a major role for many investors. There is no registration of the investor for diamonds, no state access. Diamonds are not only anonymously obtainable for buyers, they also offer the unbeatable advantage that they are easily convertible worldwide. Safe or not? Diamonds as a capital investment.

Cartier jewelry (even the finest particles are used):

Did you know? Diamonds are the only internationally recognized substitute currency that is valued equally in all countries.

Every diamond is unique. They can be the same size, but have extremely different values. The quality is measured by the 4C of diamonds. This means that differences are formulated by “Carat, Color, Clarity and Cut”. They determine the quality and value of the diamond. As soon as you decide to actually buy diamonds, the tax-free increase in value also plays a role (take a look at our statistics on increase in value later). The tangible asset without maintenance costs is free of maintenance costs, provided that safekeeping is solved.

Facts on precious metals

The 3 most important facts about precious metals as a capital investment:

  1. Protection (inflation, bank failures, stock market crashes and currency reforms)
  2. Anonymity of the buyer
  3. Global convertibility

Diamonds are an excellent choice as part of your own portfolio. As we have already described in the introduction of the article, a good portfolio should consist of one third each of fixed-interest investments or securities, real estate and mobile tangible assets, such as art, designer fashion or even diamonds.

Safe or not? Diamonds as a capital investment.

Jewellery – value investment

Jewellery is extremely different. On the one hand, there is the well-known costume jewelry from the city centers and from online mail order companies. Even at the beach promenade around in the supermarket there is costume jewelry to buy. On the other hand there are special and exclusive pieces from brands like Cartier, Chaumet, Bvlgari, Patek Philippe, Rolex and Tiffany. Read more about jewellery as an investment.

The rarer a piece is, the more expensive it can become. High-quality jewellery should only be bought from renowned jewellers. If in doubt, you should commission a value appraisal before buying the desired pieces. But under what circumstances is it worth investing in jewellery?

Facts about jewellery

The 3 most important facts about jewellery as an investment:

  1. Equity capital required (entry 5 to 6 digits)
  2. Moderate, long-term return (stable to slightly rising) / commitment if desired
  3. Anonymous purchase and trade

With such high purchase sums, which as described also quickly reach a 6-digit value, jewelry is an investment for wealthy people and heirs. For the private, smaller investor the later resale is not easy and in most cases it is loss-making.

Read here further to the capital investment jewellery

Jewellery brands: Ranking

  1. Cartier
  2. Van Cleef & Arpels
  3. Boucheron
  4. Harry Winston
  5.  Chaumet
  6. Kloybateri
  7. … the top 10 luxury jewelry brands

Art – Durable system without fixed sales value

Access to the established art market is possible for newcomers via galleries or auctions. For buyers with capital, art is certainly attractive as an investment.

It is risky that art has no fixed values and therefore no clear prospects of profit. Buyers must also have appropriate storage facilities. The risk is correspondingly high. Today’s return on art is high, if asked for, in keeping with the high risk of art as an investment.

Art is readily traded. The entry into the art trade takes time, art is therefore not a short-term investment. You can access the established art market through galleries and art auctions, for example, in which you can participate with prior registration. Whoever bids, the weather is also a little bit. Accordingly, there are no clear profit prospects in the art trade, especially at auctions. Security also plays a role, as buyers must have appropriate safe storage facilities when storing art objects.

Read more about art as a capital investment.

The most expensive works of art in the world

  1. Leonardo da Vinci – Salvator Mundi for US$ 450.3 million
  2. Pablo Picasso – Les femmes d’Alger for $179.4 million
  3. Modigliani – Nu couché for 170.4 million US-$

Read on under Art as Investment.

Procedure: 3 tips for finding objects

  1. Choose an art form that is interesting for you such as painting, photography, graphics, design
  2. Search for special unique copies and / or objects, which were only produced in small numbers
  3. Finally comes the choice of the right strategy, you speculate on known artists, unknown artists

Designer fashion – shoes, jackets and bags

Designer fashion as a capital investment? Shoes, jackets and expensive bags, high fashion is not only conquering the world’s metropolises, but more and more investors are turning to designer pieces. Haute couture is at the top of the list in New York, Dubai and Beijing. The leading luxury brands earn billions. We take a look at the most popular high fashion designers and potential investment objects. Read more about fashion as an investment.

The big advantage of designer fashion: fashion from designer labels can be bought by every consumer in a boutique simply and easily. It gets even better, if required it offers practical benefits for the buyer. However, those who buy bags & Co. from Hermés, Prade, Versace & Co. are less interested in practical use than in increasing value. The purchase and transport is anonymous, no buyer is registered.

Facts about designer fashion

The 3 most important facts about fashion as an investment:

  1. Availability for everyone
  2. Anonymity at purchase
  3. Risk of loss of value due to trends, news or influencers

On average, humanity is becoming increasingly wealthy. Especially countries like China and India want more and more luxury goods. So the prices for special pieces are rising. Expensive handbags, fine dresses and shoes are making high profits.

Read more about designer fashion as a capital investment here.

Luxury brands: Ranking

Tip! The 10 most expensive handbags in the world. Read more about the top 10 luxury fashion brands here.

  1. Hermes
  2. Chanel
  3. Louis Vuitton
  4. Christian Dior
  5. Ferragamo
  6. Versace

In addition to the three basic rules of rarity, original condition and patience counts, the increase in value must exceed the running costs of the value investment car. Sports cars, youngtimers and oldtimers can be easily purchased and acquired by everyone via the used car market, so getting started is easy. However, it is extremely important that specialist knowledge is available. Experience in the field is absolutely necessary, for laymen completely unsuitable and also in the risk medium to high, without knowledge. Read more about cars and classic cars here.

The return on cars is medium to high, if the increase in value is given by following the 3 rules for car buyers. Where there are high profits, there is always risk, with cars as a capital investment the risk is high and investments should be made accordingly with planning. Cars are especially for men one of the investment objects, but for laymen the investment in cars and classic cars is unsuitable. We recommend a good alternative, such as funds and bonds. With a little more willingness to take risks also real estate.

Facts about cars and oldtimers

The 3 most important facts about cars as a capital investment:

  • Attractive increase in value (important: increase in value only in original condition)
  • A lot of experience and know how for the valuation and the purchase is a prerequisite
  • Active enjoyment of the object instead of ‘just’ investing

If you want to buy cars as an investment, you have to take a lot into account. In addition to the three basic rules of rarity, original condition and patience, the increase in value must exceed the running costs of the car as an investment (sports, youngtimers and classic cars). For laymen, the investment in cars and classic cars is therefore rather unsuitable.

Read more about cars and classic cars here.

Luxury car manufacturer: Ranking

Read more about the top 10 luxury jewelry brands.

  1. Rolls-Royce
  2. Bentley
  3. Ferrari
  4. Lamborghini
  5. Maserati
  6. Aston Martin

Antiques – Coming soon

Soon you will also find more information about antiques here.

  • Sotheby’s
  • Cristies

Private lending – duration, costs and comparison

What are the advantages of a personal loan from my bank? Can I get the credit without SCHUFA? There are many questions, we have the first important answers. For all other questions, it is best to contact your bank advisor or a renowned comparison portal for loans. So you are available through various credit mediation portals. The current rate of return on personal loans is mediocre and the risk of personal loans is therefore also not high. Private lending enables simple investment opportunities via various credit brokerage portals. Read more about private lending here.

Of course, there are also disadvantages with personal loans, because when taking out a loan, detailed information about the providers is necessary to avoid mistakes.

Read more about personal loans here.

Questions about personal credit

  • What are the advantages of a personal loan from my bank?
  • Is a given personal loan earmarked?
  • Is a prior credit check obligatory in Germany?
  • … read on: Personal loan

Life insurance – risk & asset generation

Life insurance policies can basically be divided into two types, term life insurance and endowment life insurance. Life insurance policies stand out above all as the best protection for partners and children (term life insurance). However, they can do more, for example asset accumulation for old age (endowment life insurance). All about life insurance.

We answer your questions: How does life insurance work? How useful is a life insurance policy? Is it possible to get the life insurance paid out? The good news first, yes! This special insurance is called endowment insurance, or capital-forming insurance. The cost of the insurance you take out depends on your individual goal of protection and the agreed term.

Facts about life insurance

The 3 most important facts about life insurance as an investment:

  1. Capital Security
  2. Protection for survivors in the event of death
  3. Capital accumulation (for endowment insurance)

Depending on your personal family and professional status, different life insurance policies are possible. In principle, however, anyone who has a young family or close relatives should think about them.

Read all about life insurance investments here.

Investment management – Private asset managers

Asset Management – Asset managers help their clients to find their way in the complex and increasingly digital financial world. Through conversations and trust we analyse the financial situation of the client in detail, so trust is central to our work together. Your personal current circumstances and long-term goals are taken into account in the planning. The result is a detailed, personal asset planning, individually developed for the client. Well-founded and high-yield asset management is possible for both financially strong investors and small savers. More about costs and minimum investment amounts later. Read more about private asset management here.

When does asset management pay off?

The big question is: When does asset management start to pay off? Banks offer standardized products for assets starting at 50,000 dollars. Online there are even much lower models.

Standardized banking products from 50,000 dollars

An individual and personal, correspondingly profitable asset management is only worthwhile from a minimum investment sum of 500,000 dollars.

Personal investment advice from 500.000 Dollar

Independent investment advisors help with financial advice and brokerage. But what does an investment advisor do, what costs do you incur as an investor and how does the profession differ from the classic bank advisor in a bank branch?

Read all about the topic: Asset management

The most popular investments

Which of the following investments are currently the most popular? These statistics from the Federal Office are the result of a survey of over 1,000 respondents on the various preferred forms of investment in Germany. At the time of the survey, “about 27 percent of the people questioned owned a life insurance policy. In 2011, around 40 percent of those surveyed still stated that they had taken out a life insurance policy for old-age provision”.

13% fewer life insurance policies in 8 years

You can find further information on statistics on Statista.

2019 2018 2017 2016 2015 2014 2013 2012 2011
real estates 28% 31% 27% 27% 27% 29% 28% 29% 30%
a building savings contract or building savings plan 28% 26% 28% 31% 32% 32% 29% 33% 33%
an overnight money account 24% 25% 22% 23% 32% 29% 27% 29% 33%
fund units 24% 20% 17% 18% 23% 20% 21% 23% 25%
shares 15% 15% 13% 13% 15% 12% 13% 15% 16%
13% 13% 14% 12% 19% 17% 21% 20% 21%
net: gold/silver 13% 12% 8% 7% 11% 8% 7% 11% 8%
11% 10% 7% 6% 9% 7% 6% 9% 6%
antiques, such as a very old cabinet* 6% 8% 4% 5% 7% 6% 5%
arts of art, such as paintings* 4% 4% 3% 3% 5% 4% 4%
silver bars or coins 4% 6% 3% 2% 5% 4% 3% 6% 4%
bonds* 4% 3% 2% 3% 4% 2% 3%
Looking for a luxury property? New York, Los Angeles, Miami - Take a look at Lukinski: Luxury Realtor

+ AD + Do you know?

+

Find a realtor!? Sale your house and apartment: Advantages, disadvantages + 5 tips

Finding a broker is often more difficult than you might think, as the market is crowded and there are many different offers. However, not every agent will suit every property, so property owners should find out exactly what agents are available to find the right one for their property. There are many tips and tricks and some things to consider.

You can find more tips in our new Real Estate Magazine!

The perfect real estate agent – how to find the right consultant for your property

The Perfect Real Estate Agent will help you with the sale of your property, create an appealing advertisement, answer prospective buyer enquiries, plan and coordinate viewing appointments and finally help with the conclusion of the contract, the purchase agreement, notary appointments etc. He is always available with advice and support and will help you to sell the property as successfully, quickly and easily as possible.

5 tips for the search for an estate agent – how to find the right agent for your property search

The search for an estate agent is not always easy, as there are often many different offers and the stimulus satiation is high. However, there are some helpful tips that can help you find the perfect broker.

The search begins on the Internet

The Internet determines today’s time and thus also the profession of the broker. A good online real estate platform is the be-all and end-all for estate agents, which is why you too should start your search for the perfect real estate agent online. The region is very important and should be used as a first point of reference. From here, follow your instincts and look for several alternatives.

Learn from the experiences of others

In addition to online research, it is always a good idea to ask friends, acquaintances or relatives about their experiences and opinions. Brokers are often very familiar with certain areas and have good contacts and networks there that you can take advantage of.

The sympathy effect counts

The first impression you get from the brokers is usually online. The simple design of the advertisements can tell you a lot about the person behind them. It is likely that they share a similar taste, the sympathy between them is also right and the chemistry is very important in a project such as selling real estate. So already during the search, pay attention to what appeals to you personally and whether the real estate agent might be suitable to market your property.

The early bird catches the worm

A professional broker will contact you within one day after a request. The brokerage business is very competitive, which is why the following applies here: The early bird catches the worm. Be aware that it is often difficult to reach estate agents by telephone, as they are on property viewings with clients during the day. If an estate agent makes them feel that they are difficult to reach, then potential buyers will also have had this experience and other estate agents may offer them better conditions.

The price must be right

It is best to compare the price range in advance. How much do properties with similar location and equipment cost? This information will help you to assess what the estate agent is proposing and what the price range is. However, it is not only the price of the property that matters, but also the amount of commission. A reputable estate agent will openly raise the issue of commission with you and propose an agreement. The amount can be freely negotiated within the framework of legal limits and depends on the price of the property, the conditions usual on the market and the market situation. The negotiated amounts are recorded in writing in a contract.

With or without broker – the advantages and disadvantages

Anyone thinking about selling their own property will sooner or later ask themselves the question: with or without an estate agent? This question cannot be answered in a general way, but the use of an estate agent has advantages and disadvantages and can be useful depending on the individual situation.

The advantages – expertise, experience and the relief of the seller

Brokers are professionals in their field and therefore know the market inside and out. They know what is going on in the region, what the prices are and how much demand real estate is like yours. Not only can they help you set the selling price, they also know about legal requirements and obligations.

Selling a property on your own also involves a lot of time and effort. Estate agents take this burden off your shoulders, answer prospective buyers’ enquiries, organise viewing appointments and present them with a well thought-out selection of potential buyers. The time saved is enormous for you and the property sells itself, so to speak.

Probably the most important advantage, however, is the expertise and experience that an estate agent brings with him. From sales contracts and the current legal situation to advertising for your property to the right target group, an estate agent is there to help you with advice and support and helps you to sell your property not only profitably, but also quickly and easily.

The disadvantages – the commission and the reputation

However, under certain circumstances, the estate agent may also have disadvantages that could hinder the sale of the property. For example, the agent’s reputation is extremely important and is an indicator of the success of your property sale. For example, if the agent you choose has a reputation for being unfriendly or a rip-off, your property will have a poor chance of being sold in his ad. Therefore, inform yourself well about your broker in advance, ask friends or acquaintances what they have heard about the broker’s work and form your own picture of the person.

Another disadvantage is the commission. This will increase with successful marketing of. buyer and seller divided and can be enormously high depending on the purchase price. This is one of the most reasons why many property owners prefer to go it alone and shy away from the help of an estate agent.

The commission – the amount, the payment and the legal conditions

When you ask an estate agent to sell your property, you give him a binding order. It doesn’t matter whether you speak to the agent himself or just an employee, because such contracts are always business and not personal. So before you actively ask for an agency for your property, find out whether the agent is really the right one for your project.

In order for the agent to be able to claim his commission after the contract is signed, he must provide proof of his activity. In general, the broker is only paid if an effective contract of sale is concluded between buyer and seller. The commission is negotiable within a legally defined framework and should always be recorded in a contract in advance. A so-called commission independent of success is basically ineffective and cannot be demanded from a broker! A commission advance is generally possible, but only if this is repaid should the property not be sold.

Sellers have in principle the possibility to state in a contract that the commission is to be carried by the buyer. Here, however, an unambiguous formulation is decisive which excludes your commission obligation. However, if an estate agent works for both parties, he must inform all parties about this double activity, otherwise he could lose his commission claim.

Inheritance: will, compulsory portion, tax and spouse – all facts and tips

Correct and advantageous to heirs but above all to bequeathing can be difficult under certain circumstances. There are many things that have to be observed, many formalities that have to be adhered to in order to secure the inheritance. A will is always the simplest solution to ensure that one’s own interests are safeguarded even after death and that there are no disputes about the inheritance in the family.

Pass on right during lifetime

Without a will, the estate will be distributed according to the rules of legal succession. However, this is not always in the interest of the testator. If a will exists, the estate can be distributed differently than provided for by law and even persons who are not blood relatives can inherit. The drawing up of a will is therefore not only important to regulate the last will and testament exactly, but also to avoid disputes in the family.

Frequently asked questions are above all:

  • What is the compulsory portion of the heir?
  • What is the compulsory portion of the heir?
  • What does the spouse inherit?
  • What is the legal succession?

The will regulates everything

A will overrides the legal succession and can therefore determine a new succession. The testator determines who is to inherit. If several persons are named, the assets are usually divided according to quotas. Writing a will also enables the testator to leave individual things to certain persons, such as a car, jewellery or real estate. However, these are not legally regarded as heirs, but as bequests. In order to avoid disputes about the estate, the estate can be distributed in a will in such a way that no points of dispute can arise.

Wills can be drawn up with or without a notary. If a will is drawn up without a notary, a number of things must be taken into account. The author must be at least 16 years old and “testable”, i.e. in full possession of his intellectual powers. The will must be written by hand, because computer printouts are not sufficient as a valid will. If the will is several pages long, each page should be numbered, stapled together and each page uniformly dated and signed. A clear heading, like “Testament” or “My Last Will” is recommended to make the purpose of the writing clear.

However, if a will is drawn up with the help of a notary, this means that the testator has given his last will and testament verbally to a notary for the record. This is particularly important if real estate is part of the estate, as either a certificate of inheritance or a notarial will is required for transfer to the land register. If a notarial will exists, the heirs are spared the costly and time-consuming inheritance certificate procedure.

Heaving without a will – the legal succession takes effect

The legal succession regulates both the order of the heirs and the individual quantities that are inherited. First the next relatives inherit, like children and grandchildren and afterwards the more distant relatives, like nephews and nieces. Closer relatives generally exclude more distant relatives from the succession. The rate at which the individual heirs inherit is documented in the certificate of inheritance. The legal succession depends on the Parantel or order system. It divides the relatives into different orders. According to this, children and grandchildren of the testator belong to the first order. Parents, siblings, nieces and nephews of the testator are assigned to the second order. The third order includes grandparents, uncles and aunts as well as cousins of the testator. Spouses and registered civil partners are not regarded as relatives, but have the right of spouse inheritance. This gives them a special position and restricts the right of inheritance of the relatives. Relatives of the previous order always exclude relatives of a subsequent order from the succession.

The spouse

The spouse or registered partner is not considered a relative in the legal succession, but has a special position. If the deceased leaves behind both spouse and children, the spouse inherits half of the estate and the children the other half. However, if there are more than three children, the spouse receives only a quarter and the children divide the rest among themselves. If there are only second order relatives or grandparents, the spouse receives half of the estate and the second and third order relatives share the other half. If there are no relatives of the first, second or third order, the spouse inherits everything.

The first-order heirs

The children and grandchildren of the testator are counted to the first order. Nonmarital children born after 1 July 1949 are also entitled to inheritance. If a child of the testator and the spouse lives at the time of death, both inherit half. If several children live, the inheritance is divided between them and the spouse. If the deceased’s children have already died, the grandchildren inherit.

The heirs of the second order

If there are no children or grandchildren, the heirs shall be of the second order. The second order includes parents, siblings, nephews and nieces. If both parents of the deceased live at the time of death, the estate is divided equally. However, if one parent has already died, the descendants of that parent, i.e. siblings or nieces and nephews of the deceased, take this place.

Third order heirs

If the deceased leaves only heirs of the third order, the estate shall be divided as follows. The grandparents and their descendants shall inherit the estate of the deceased. If a grandparent is already deceased, the inheritance also falls to the aunts, uncles, cousins and cousins of the testator.

Adopted children

An adoption gives a child the legal relationship. If the child is a minor at the time of adoption, it acquires the legal status of a joint child of both spouses and thus belongs to the heirs of the first order. Thus not only the adoptive child inherits from the parents, but also vice versa. With the adoption, however, the child loses every claim, all rights and duty to the blood relatives and is therefore no longer entitled to inherit from the natural parents. This is not the case for adopted children who are of full age. The relationship to the biological parents does not expire and so an adopted child of full age can be entitled to inherit from up to four parts of the inheritance, the biological and the adoptive parents. However, there is no legal right of inheritance against the relatives of the adoptive parents.

Herit debts – reject inheritance or not?

An inheritance does not primarily mean wealth and new possessions. An inheritance is often burdened with debts and means a lot of responsibility for the heirs. After death, the heirs not only take over the assets, but also the rights and obligations of the deceased. If this includes debts, the heirs are also liable with their private assets. If it is clear from the outset that the debt is inherited, the inheritance can be rejected within the six-week period. If it only becomes apparent later that the estate is encumbered with debts, an application for insolvency can be filed. The private assets of the heir are thus protected and the debts only have to be repaid from the estate. If there is an inheritance case, the inheritance should be carefully examined and examined for debts. The inheritance can be refused by any heir. This is particularly useful if debts or real estate in need of renovation are part of the estate.

Reverse the inheritance – depending on the situation, sensible

The inheritance does not always provide only good things for the descendants. Even if many dream of riches and expensive jewellery, debts or dilapidated real estate can also belong to the inheritance. In such cases it is possible to reject the inheritance within a certain period of time and taking into account certain criteria.

No heir is obliged to accept the inheritance. This is possible above all for the protection of the heirs, because this gets not only the fortune, but also the debts of the deceased, for which it is responsible with the own private fortune. So before an heir is started or struck, each heir should first of all get a precise overview of the financial circumstances and debts of the deceased. These include bank balances, securities, valuables, land and real estate as well as funeral expenses, loans, maintenance arrears and compulsory portion claims. The costs of administering an estate or opening a will can also be added. If this examination reveals that there is more debit than credit, it makes sense to reject the inheritance. If the estate includes real estate in need of renovation, a detailed examination is also necessary. If the inheritance is taken up, a lot of money has to be invested in the renovation work, which can be very expensive depending on the case. So consider carefully whether or not you want to take up the inheritance in such a case.

Once an inheritance has been accepted or the deadline has been exceeded, there is usually no turning back. However, here again exceptions confirm the rule. In certain cases it is possible to withdraw from the inheritance afterwards. If, for example, it comes to light after acceptance of the inheritance that the estate contains a high credit of the deceased, of which you knew nothing until then, the acceptance of the inheritance can be challenged. As a prerequisite, however, you must have had comprehensive knowledge of the assets and debts of the estate. However, if the heir wishes to challenge the assumptions because the six-week period was not known or it was not clear when it would begin, a good lawyer can do the same.

Heirloom rejected due to overindebtedness

In the opposite case, there are also some possibilities. If the inheritance has been rejected due to over-indebtedness and it turns out afterwards that the inheritance does not contain as many debts as initially assumed, the rejection cannot be contested. However, if it turns out afterwards that securities or real estate belong to the estate of which you had no knowledge at the time of the disbursement, a challenge is indeed possible. The challenge must be made in writing and justified to the probate court within six weeks of the error being discovered.

Free heir’s allowance

In order to protect the heirs from a large financial burden, different tax rates and allowances apply depending on the degree of kinship. These allowances include various things that do not have to be taxed so that the heirs do not have to pay most of the tax, especially in the case of a large estate.

Financial relief for heirs

This includes the allowances to be paid if the partner or the children were dependent on the financial support of the deceased. For spouses, the pension allowance amounts to 256,000 euros provided the surviving spouse does not have a widow’s pension or a company pension for which no inheritance tax is payable. If such a pension is available, the value of the pension is determined based on the expected duration of the benefits and the benefit allowance is reduced by this value. For children, benefit allowances apply that are graduated according to the child’s age at the time of death. Infants up to the age of 5 years are entitled to a pension allowance of 52,000 euros. Starting from this point, the allowance falls by approx. 10,000 euros every five years. Children aged 20 to 27 can therefore claim a pension allowance of 10,300 euros, but these allowances are only relevant if the children do not have their own pension, such as an orphan’s pension.

The other allowances, in addition to the pension allowances, are regulated according to the degree of kinship and are independent of the surviving dependant’s pension or one’s own assets. Accordingly, spouses and registered civil partners inherit an allowance of 500,000 euros. Children of the deceased or grandchildren of the deceased, if their parents die before the inheritance, can claim an allowance of 400,000 euros. Grandchildren whose parents are still alive can claim an allowance of 200,000 euros. Great-grandchildren or the deceased’s own parents are entitled to an allowance of 100,000 euros. All other heirs can claim an allowance of 20,000 euros. So that as little tax as possible has to be paid in the case of inheritance, the testator can make important decisions long before death and determine them in the will.  Only what remains after deduction of the tax-free amounts from the estate is taxable. Each taxable acquisition is rounded down to a full 100 €. The individual tax rates for inheritance tax depend on the different tax classes of the heirs and are also graduated progressively.

Gifts and inheritance tax – the allowances

Inheritance tax and gift tax are closely linked. Almost the same allowances apply, but as in the case of inheritance, the tax-free allowances may only be transferred once every ten years. Testators who wish to reduce inheritance tax for their heirs must therefore start giving away their assets ten years before their death. In the case of patchwork families, it follows from this regulation that it may be sensible to adopt the spouse’s children in order to equate the tax allowances with those of the natural children. The adoption does not influence the succession to the other biological parent.

A gift thus actually makes it possible to save on inheritance tax. The testator must be aware of these possibilities and use them in a targeted manner in order to have to pay less of an inheritance tax. Nonmarital partners must bear in mind that even long-term civil partnerships only allow the given tax-free amounts if they are officially recognised, either by marriage or by registration of the partnership.

Duty part despite disinheritance – you have these rights

Basically every person can decide freely who he/she will appoint as his/her heir and whom he/she will disinherit. The testator does not have to justify in his will why he excludes a relative from the succession. However, an exclusion does not mean that the heir receives nothing, because every heir has a right to a compulsory portion. This claim must be requested by the heir himself, because these compulsory portion claims are not noted in the certificate of inheritance. If a testator determines a person as sole heir, this means on the one hand that he alone inherits the entire estate, but also that no one else should inherit who would actually be entitled to inherit.

Married couples can disinherit close relatives together in an inheritance contract or a Berlin will. In a classic form of the Berlin will, the spouses stipulate that the longer living partner is the sole heir and the children only inherit when both spouses have died. The parents disinherit their children until both have died. If someone is disinherited, the part of the inheritance that would have been due to this heir falls to the person who would have become the heir if the disinherited person had already died at the time of the inheritance.

In spite of a disinheritance, close relatives are entitled to a part of the property. This fact is based in law on the duty of care which the deceased has for his close relatives even after his death. However, this only applies to the next of kin, who are determined as follows according to the law: Close relatives include both legitimate, non-marital and adopted children, the spouse as long as the marriage is still effective at the time of inheritance, partners in a registered same-sex partnership and parents of the testator as long as there are no children. Grandchildren are only entitled if they have been excluded from the inheritance and their parents are no longer alive. Siblings and grandparents of the deceased are not entitled to a compulsory participation and are therefore not to be understood by law as close relatives. Anyone who is disinherited must assert a right to the compulsory portion himself against the other heirs. Under special circumstances, it is possible for parents to disinherit their children completely and also to withdraw the compulsory portion from them. This wish must be expressly ordered and justified in the will.

Preliminary inheritance and subsequent inheritance – determined in the will

The testator is free to determine the heirs and can therefore transfer his assets to several persons in a time transfer. The heir receives his inheritance only after another person, in this case the previous heir, has inherited it. The testator can, for example, choose an occasion or a time for the occurrence of the subsequent succession, for example the age of majority or the passing of the master craftsman’s examination. The previous heir and the subsequent heir are both legal successors of the testator, but do not form a community of heirs in which they would inherit at the same time, but inherit at a different time due to the cause of the testator. The heir has an expectant right to the subsequent inheritance and thus the heir of the previous heir lapses in the event of subsequent succession, the latter ceases to be the heir and the inheritance accrues to the subsequent heir. In the event that the subsequent heir has already died at the time of the subsequent inheritance, the testator should make provisions and name further subsequent heirs.

Pre-heirship and post-heirship are often used by spouses to ensure that all joint assets remain in the family. The spouses nominate the other as the previous heir and the common children as the subsequent heirs. Even in the event of a remarriage after the death of a spouse, the assets cannot be bequeathed to the new spouse.

The communities of heirs – open communication and agreement

A community of heirs describes all the heirs of a testator. This comes into force when there is more than one heir and a community of heirs is automatically formed. The community of heirs, however, loses its effect at the beginning of an inheritance dispute. However, a dispute does not necessarily have to occur in a community of heirs. Since there are often disputes about the objects of inheritance in communities of heirs, many communities of heirs still exist many years after the death.

Discussing a community of heirs

In the ideal case, the heirs of a community of heirs pay any debts quickly from the estate and then dissolve the community of heirs by distributing the surplus according to shares. However, this is often not the reality. Disputes within the community of heirs often ensure that these remain unresolved for years after the inheritance. Every member of such a community of heirs has the right to demand dissolution at any time, even without good reason.

pay debts and distribute inheritance

In order for a community of heirs to be dissolved without disputes, it is advisable to follow certain steps. From the correct valuation of the estate to inheritance taxes, there are important formalities to be observed.

Pay the debts of the estate

The debts of the estate can be paid from the estate by the heirs of the community of heirs. It is not uncommon for objects belonging to the estate to be sold, such as real estate or land.

The indivisible objects sell

If a real division is not possible for certain objects, such as a property in the community of heirs, the heirs may have to sell or force the object to be auctioned. In order to do this, a realistic selling price must first be determined. If there is no agreement here, a division auction can be initiated by one of the heirs. Distribute the divisible objectsThe heir is primarily to be divided in nature by the heirs. Each heir can therefore take objects from the estate for himself in agreement with the other heirs. Money and securities can be divided by the community of heirs according to the respective shares.

The donations and endowments take into account

If an heir has received benefits or gifts from the testator during his lifetime, these may be subject to compensation. Gifts that are subject to extinguishment increase the estate mathematically and are deducted from the recipient’s inheritance quota. Each heir may ask the others for information on such benefits so that they can be taken into account correctly.

Consider the tax office

An inheritance is always subject to inheritance tax. However, some things from the inheritance can be deducted from the tax, such as the cost of the burial or fees for opening the will.

Calculate the discount

A community of heirs cannot be divided until the estate has been determined. The heirs receive most of the information from the bank where the deceased had the accounts or deposits. In order to obtain access to these, a certificate of inheritance or a will with a court opening record is required. However, the debts are also part of the estate. In order to determine the complete estate, the debts and the assets should be compared and balanced.

The notary helps

If an agreement cannot be reached, a notary can be called in by the community of heirs. The notary mediates between the heirs in order to reach an agreement as quickly as possible. However, it should be borne in mind that such assistance is associated with some costs.

Consider the nursing services

If a child has cared for the deceased parent during his or her lifetime for no consideration, compensation can be claimed for this. This must be commensurate with the duration, scope and value of the estate.

The partial auction – the last resort for communities of heirs

Objects, such as real estate or land, often give rise to disputes in communities of heirs. The ideas of how to deal with the joint property are too different and the parties cannot agree. Every heir has the right at any time to demand a dispute of the community of heirs and thus to force its dissolution. In such a case, a partition auction may be the last possibility to settle the disputes and resolve the community of heirs.

The partition auction involves some risks which should be well thought out in advance. The real estate could be sold below value and lead to low profits for the heirs. There are some alternatives that exclude these risks. The property can be sold privately, saving on application, legal and attorney fees. In addition, the heirs can choose the buyer themselves and thus ensure that the property is not sold below value.  Another alternative is voluntary auctioning. The community of heirs can turn to a public auctioneer who organises and conducts an auction. The advantage for the heirs is that the minimum bid can be determined by the heirs themselves and there is therefore no risk of an auction below value. In both cases, however, the community of heirs must agree unanimously to the sale of the property.

Expert: Buy property or not? Berlin, Hamburg, Cologne, Düsseldorf and Munich

Many people play with the idea of buying a property in one of the popular cities. These cities include Berlin, Hamburg, Cologne, Düsseldorf and Munich. But to find the suitable real estate is not at all so easy and as a layman it is often difficult to evaluate whether it is worthwhile to invest in an apartment or a house as an investment. We did an interview with an expert for you.

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

Capital investment – Is it worth it?

FIV: We met last month to discuss house sales in general and the future of living. Today we wanted to know more about the hotspots in Germany. We all know the news of rising real estate prices in Berlin, Hamburg, Cologne and especially Munich. Rents, but also land and purchase prices are exploding here. Many people are thinking about investing in real estate – sooner or later. But is real estate a worthwhile capital investment at all?

That depends. It depends on how long I want to hold this investment. In the long run at least a real estate is a very good investment. I’ll tell you a personal story: When I wanted to buy a 2-room apartment in Frankfurt more than 20 years ago, gab´s had a lot of discussions with my parents and friends. They thought I was crazy in view of the returns that could otherwise be earned on the market (time deposits, gold, stocks, etc.). With a rental yield of 5% at the time, one looked rather old at that time alongside the usual forms of capital investment.

FIV: And then why did you still get into real estate?

Because the value of this apartment has risen dramatically in the following years. And that was already apparent at that time! Actually, many people, including myself, initially believed that the price increase on the housing market was coming to an end so slowly but surely. But the opposite was true. Apart from the one or other dent or two, the value development of real estate has constantly risen. So I could sell this apartment today for a multiple of the original price. I paid the loan from then via the rent and at the same time my small equity capital invested at that time grew without my involvement. And this is far higher than with the vast majority of share packages or other conventional investments.

FIV: And that works everywhere?

That would be too good to be true! Here the location of the apartment or house is very important. If I had bought a big house somewhere in the countryside, far away from all the hustle and bustle, then things would probably have turned out quite differently. This does not mean that a house in the country is basically a bad investment. In the so-called “fat belt” of conurbations, for example, property prices have also developed rapidly. If the location of the purchased property is regarded as very desirable for living, then not much can go wrong in the long run and the one or other “dent” in the value development is to be absorbed. By the way: it is well known that share packages or funds also have one or the other bend in their performance. The decisive factor is the so-called investment horizon, i.e. the time I give my capital investment to develop its value. Fast money cannot be made in the real estate business. In the long term, however, it is a very solid and secure investment.

Is there an end in sight?

FIV: But isn’t the boom slowly coming to an end?

Of course, I can’t predict that for sure. As I said: even 20 years ago, many real estate experts believed that the price trend for purchase and rent had come to an end. That was not true, as we have seen to this day. How the prices for the purchase of real estate – and by the way also for the rent level – change depends above all on how much living space will be demanded in the future and what new living space can be created. In any case, I cannot see any saturation of the real estate market in the long run.
The question remains: how is the interest rate level developing? If it becomes more expensive to borrow money to buy real estate, then the real estate market cools down again. And then we are again at the “dents” mentioned above. The investor has to endure them.

FIV: Should I buy a property now, or should I wait until prices fall?

If I knew if and when prices would fall, I would probably advise you to wait and see. Especially if the price reduction for the property would not be eaten up by significantly higher interest rates in the financing. But since none of us has the proverbial glass ball, I advise: calculate exactly what I can afford and then look for and buy the matching object in a sought-after location.

Real estate market in the big cities

FIV: This brings us to the areas in Germany where real estate values have been rising for a long time. Let’s look at the four top regions: Berlin, Munich, Cologne and Düsseldorf. Let’s start with Berlin. How do you rate the real estate market in the capital?

It is unbelievable how Berlin has developed in recent years. Apartment houses were then sold for a button and a clicker because nobody wanted them and now domestic and foreign investors are ripping themselves off for real estate in our capital. Berlin is hip and also “the place to be”. For many young adults it is the coolest city in the world, even people from other European and non-European countries are drawn to Berlin.
Which district is currently “in” changes in Berlin almost as fast as in any other major German city. In the meantime, the boom has also affected the suburbs. Reinickendorf, for example, increased real estate prices by about a quarter last year. This is insane! Even previously unattractive districts such as Marzahn-Hellersorf or Spandau have seen significant increases in purchase and rental prices. This in turn means that municipalities in the immediate vicinity of Berlin have a much higher population growth rate than Berlin itself. Potsdam, Teltow, Bernau or Falkensee are on the rise. It remains to be seen whether prices there will develop so dramatically.

Increasing property prices – buy or wait?

FIV: How do you rate the rising prices in Berlin and the surrounding area? Should we buy a property or wait and see?

I believe it will be a long time before the market in Berlin and the surrounding area calms down. So now is certainly a good time to buy, because in the long run the prices there continue to rise and now the interest rate level is still low.

FIV: Let’s go south, to Munich. Munich is regarded as the hotspot for rising prices – regardless of whether it is a condominium or a detached house in the suburbs. The Handelsblatt reports a price development of +47 percent. What makes the Bavarian metropolis special and how is the market developing here?

As long as the growth of the corresponding economic sectors in Bavaria does not slow down, experts will be sought there and they in turn will be looking for housing. Especially when the specialists of the respective industries, and this is still the IT environment and other service companies in Munich, do not find jobs elsewhere. Experts estimate that by 2035 there will be about 350,000 new arrivals in the greater Munich area. Municipalities such as Dachau, Fürstenfeldbruck or even Landsberg am Lech are already attractive as places to live for people who commute daily to Munich.
The pressure on property prices and rents there is also being increased by the still high recreational value of the region. For many people, the proximity to the mountains and the Mediterranean Sea is much more attractive than – say – the North Sea or Holland. Ultimately this means that in the Munich area, salaries are usually higher than elsewhere in Germany. However, the prices for buying or renting apartments usually eat up this “surplus”. Especially for families this is a real problem…

Purchase real estate in Munich

FIV: Against this background, what do you think about buying real estate in Munich?

Anyone who gets one and can pay for it should buy safely from the perspectives. In relative terms, however, the performance and rental yield in other selected areas of Germany is by no means worse than in Munich. I’m thinking of Berlin, the Rhine-Main area or the Cologne-Düsseldorf axis.

FIV: You didn’t mention Hamburg now. Is there a reason for that? Away from publicity, do objects like the Hamburg Philharmonic generally enhance the city or just a part of it?

Sure. Hamburg has also experienced a steep development. A few years ago, the image of the city was still rather grubby, but a lot has happened there – especially with the Hafen-City and many other urban development projects. Hamburg as a whole is far removed from price developments such as Munich.
Of course, construction projects such as an Elbe Philharmonic Hall enhance a city as a whole. Not alone, though. Overall, cultural institutions, but also other large “lighthouse projects”, promote the image of a city. However, I would like to see the money more often in many smaller developments. In all major projects, for example, the individual quarters must not be forgotten. Of course, it’s nice to see this building from the Elbe. However, the renewal and maintenance of the parks, the upgrading of playgrounds, the subsidization of kindergartens in the individual districts will lead more to the whole city developing a positive pull They will become more attractive for the people who now live there and for newcomers. This means growth in the number of inhabitants, tax revenue, etc. That is why, to return to the question once again, I am rather sceptical about investing in a major project of this scale.

Hamburg from above – The Hanseatic City

Purchasing real estate in the Hanseatic City of Hamburg

FIV: Hamburg is not that far away from the sea. The North Sea and Baltic Sea are popular holiday regions. So if I buy a property in the north, would I rather buy it in the countryside than in a holiday home or in the city itself?

The same applies to Hamburg as to Berlin and Munich. Often even the prices per square metre and the expected rents are directly comparable. Using an apartment in the city as a holiday home can be problematic. Many cities have put a stop to the rental of holiday homes (Airbnb etc.). The risk of rent loss would be too high for me. The holiday home in the countryside only makes sense where there are really good occupancy rates – and best of all throughout the year. In the “Alte Land” or in “Vierlanden” – to name just a few areas in the direct vicinity of Hamburg, this is certainly not the case. Moreover, one should be a little better versed in the tourism rental business if one does not want to suffer a shipwreck with his investment in a holiday property by the sea. I therefore advise most people against doing something like this.

FIV: We still have the Cologne / Düsseldorf region. There are currently about two million people living there. Buy or better rent? What are your tips for Cologne and Düsseldorf?

Who can, should buy! Especially Düsseldorf and the surrounding area are not much behind the price development compared to Berlin and Hamburg. However, the following applies to both cities: take a close look at the district in which the property is located. In Cologne and Düsseldorf, it has not yet been noticeable that former “shadow districts” are becoming the absolute in-city districts overnight. In Düsseldorf, Oberkassel is still on the list as one of the “top addresses”, while Eller and Flingern are rather undervalued. In Cologne, the most sought-after districts have been called “Rodenkirchen” and “Bickendorf” for many years. “Chorweiler” or “Nippes” are rather something for connoisseurs of the scenes…

FIV: What is the difference between the attractiveness of the two cities?

I’m sure you don’t expect me to answer that seriously. There is still no binding answer to this fundamental question of Rhenish existence. Maybe this much: in both cities there is delicious beer and nice pubs.

Thank you so much for the interview.

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

Brokers – House selling as heritage and future housing

In our editorial department this week we had the case that a reader had inherited a house and actually did not know what to do with her inheritance. That’s why we did some research and are now meeting the real estate expert Jan Rickel from Bingen. He explained to us in conversation what possibilities there are for real estate heirs if they do not want to live in the house themselves. We want to talk about the topic “selling a house”, but also about the future of living in general. What can housing look like in ten or even 20 years? Our real estate expert gives us answers to these questions today!

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

Possibilities for real estate heirs

FIV: Let’s start with the exciting case “I inherit a house or an apartment and don’t want to live in it myself”. Renting, selling – what’s the best thing about it?

For this decision a lot of things play a really important role regarding the private situation of the heir and regarding the condition, location and size of the property. A simple “right or wrong” gibt´s with this thing unfortunately not.

Before that, however, an action is very important for the heir: The heir must be entered in the land register as a new owner within the framework of a “land register correction”. Incidentally, the simple handwritten will of the heir is not sufficient for this! You need a certificate of inheritance from the probate court or a testament of the testator drawn up by a notary. Anyone applying for the transfer within two years of the death of the previous owner does not pay any fees for the entry in the land register and no land transfer tax.

And something else is very important in the case of inheritance! Is the property of value or over-indebted? Is the house in need of renovation or are there already high land charges registered? After all, I can also refuse the inheritance if the costs or debts on the house are higher than its current market value. But in the end only a real estate expert can determine that.

FIV: What do you mean by private situation of the heir?

Anyone who is in acute financial difficulties as an heir, for example, and has possibly even taken over debts from the testator, will certainly immediately think of selling the property. An understandable thought, but not necessarily the best. Finally, there is also the possibility of borrowing on the property as collateral for a loan. With this credit you can repay your debts, for example. I then repay the loan from the rental income. This variant makes sense if I have very personal ties to the house as an heir and do not want to sell it without further ado. Maybe I can even imagine as an heir living in this house later on. In discussion with the banks, it can then be clarified whether the loan can be arranged in such a way that the house is available to me again debt free at the desired time.

Broker, Energy Performance Certificate & Tax Aspects

FIV: But how well do I have to know about real estate in such actions?

The estate agent or a proven real estate expert can also help with such questions. For example, there is a big difference between renting a detached house in the countryside and inheriting a large apartment building in a big city with, say, a dozen apartments. The question of whether the house already has an energy certificate or not is also important.

FIV: What does an energy certificate show and how do I get it for my inherited house?

Since 2010, the presentation of an energy certificate or passport at the request of the buyer or tenant is mandatory. Special guidelines apply to commercial properties or houses with a commercial share. Basically, this passport shows me how high the energy consumption in this object is in relation to an average comparable object. For this purpose, the consumption values for heat generation in different years are usually averaged and entered on a multi-level scale. For a better understanding, there is a classification into colour levels in addition to the energy efficiency classes with letters A to E or similar. Green is the best color. When it’s red, a lot of energy really goes out the window.
An alternative method is to calculate the energy demand of a property. The degree of insulation, the design and the age of the object are taken into account.
The energy passport is issued by companies or persons, the building specialists – engineers, master craftsmen, etc. – are. It doesn’t cost much, by the way.

Renting a detached house is a very demanding business. As a rule, the tenants themselves are very demanding when it comes to the quality of the property. The landlord is always required to maintain an optimal building condition. This costs money – and sometimes even nerves if the tenant regularly arrives with wishes.
Economically – i.e. in terms of rental income – letting a single-family house means that I have to take into account loss of rental income. At least if the house is in a less sought-after area. The first problem for the heir is finding tenants. When they move out again – because they are building or buying their own house – it becomes difficult to find new tenants. In metropolitan areas, of course, this is less of a problem…
My tip: If the house is within the reach of larger companies that regularly have to accommodate employees from abroad, the rental of single-family houses is going very well. In most cases, the leases are concluded by the company for two to three years. This gives you flexibility as the owner. In addition, the companies usually pay well above average, because they attach importance to rapid availability of the property. Of course, the house must be in perfect order for something like this!

Fiscal aspects

FIV: Are there any tax aspects to inheriting a house?

Oh, yeah! Own use of a property can be tax advantageous. If the heir is the spouse of the deceased, for example, he does not have to pay inheritance tax on the property if he/she remains in it for at least ten years. This also applies to the testator’s children if the living space does not exceed 200 square metres.

If, on the other hand, the property is leased or is leased, then 90% of its value is subject to inheritance tax. By the way, the rental income is also taxable. On the other hand, you can of course credit certain expenses for tax purposes, but these are things that you discuss with your tax advisor.

FIV: Do I actually have to renovate an inherited property?

In a case like this, no one has to “have to” anything. If I want to sell the object, the price depends also completely crucially on the building condition of the house. The condition of the property as such is also important for a good selling price. The Basic Law states that property obliges the owner. So also obliged to maintain the property in good condition. It really depends on the individual case whether renovation is necessary or not.

Leverages & all about apartment buildings

FIV: Let’s go back to the subject of debt. How can I tell if my inherited property is in debt?

The insight into the land register is indispensable! Even those who believe they know if and what debts are encumbering the inherited property should ask for an extract from the land register. There may also be unknown encumbrances, such as rights of way to neighboring properties, third-party residential rights, redevelopment notices, etc. Since the heir enters into the inheritance with all rights and duties, one can also experience nasty surprises.

And finally it can be also that the inherited real estate is not yet paid off with the bank. If you want to sell hastily, you may have to include the fees for the early redemption of the loan in your bill when you redeem the loan. So it can be cheaper to enter the credit and wait for the remaining term until you sell. These are just a few aspects that need to be considered. But quite serious…

FIV: And what about an apartment building? Let’s start with renting out an apartment building.

Strictly speaking, renting an apartment building is something for professionals. But you can also become a professional over time. Also here I recommend – at least in the beginning time – to cooperate with a broker with the letting. For example, if there are vacancies in the house or if new tenants are to be sought.
The easiest way is, of course, if the house is well rented and the tenants do not cause any problems. If you don’t want to deal with the tenants yourself with regard to utility bills, renovation work, etc., you can fall back on property management.

FIV: Surely selling an apartment building is not easy?

I don’t necessarily want to call it the “supreme discipline”, but it takes a lot of experience to do something like that! This begins with the professional and market-oriented evaluation of the house, the appraisal of the building condition and continues with the preparation of the exposé, the coordination and execution of viewing appointments to the accompaniment of the sales process at the notary. Also real estate owners with a lot of experience like to use the help of real estate agents at this point.

All the other things we have talked about also apply to the sale or rental of an apartment building or an inherited flat.

Find help & use

But I would like to emphasize that nobody needs to be afraid of all these things. In addition to estate agents and real estate experts, there are tax specialists and lawyers who answer the heir’s questions. First aid can also be obtained from the appropriate websites. However, the individual appraisal of the inherited property should always be carried out personally by an expert.

FIV: That’s really encouraging! What is – to conclude the topic – if there are several heirs for the property?

Basically simple, but sometimes complicated in its effects: The individual co-heir cannot in any case dispose of the property alone. It is best if the community of heirs reaches an agreement and the property can be sold by private contract – i.e. in the normal course of business. However, I have often experienced that the heirs cannot agree on the sale. If that degenerates into a long dispute, then the property loses value day by day…

FIV: Then let’s talk about your job and living in general. Being a real estate agent means being available at all times. Buyers and sellers certainly often want immediate service, whether in the morning or – I exaggerate something – at night. With all the questions, calculations and valuations: What do you like most about the real estate business?

It’s not that exaggerated with the service even at night times – you add 22 o’clock to the night time… It’s really rare, but there are also customers who still have urgent questions at these times. In any case, weekends are often enough times for business with visits, inquiries about valuations and exposés, etc.
My parents already put the occupation with the building of houses, the trade with real estates into my cradle. But that doesn’t mean that I never wanted or could have done anything else! I really enjoy holding a really tangible and almost living product in my hands with the property. An apartment or a house is not just a simple enclosed space. Even if there are no people living in the property, the property has changed a lot over the years. By that I don’t mean the building condition, but the value. It changes with the value of the city, the district, the street.

But the main thing is the people who live, work and grow older in the property. They give every house, every apartment its individual character. I find it absolutely exciting to think about every property I build, sell or rent: How would I live and work here myself? Are the rooms cleverly arranged? Is there enough light at the right times of day? What type of person is this property best suited for?

Realtor philosophy

All these are the questions and considerations that help to connect man and property. It is a real feeling of happiness for me when I notice that the customers I have searched for and found for the property are just as enthusiastic about the property as I am. Of course, this does not always succeed. But in the course of the years not only the customer file grows but also my experience. The seller and buyer of a property then also profit from this.

FIV: What philosophy do you follow in your advice when helping customers sell their property? Is there a kind of philosophy that you follow as a broker or do you calculate sober prices and square meters?

Sobriety with regard to the valuation of an object is absolutely part of the business. It is she who gives the real estate agent the opportunity to evaluate a house, an apartment etc. without a personal history with the object. But for me, real estate is not just the proverbial concrete gold. Real estate is a living and working environment that should suit its inhabitants. When I now say that I am bringing both – property and owner – together like a marriage broker, it sounds strange, but it is a good comparison.

FIV: If I look for a real estate agent now, what do I have to pay attention to? What makes a really honest and good broker?

Until today the professional title broker is not protected. Although there are trained and partly studied real estate specialists, in the end every real estate agent who wants to can call himself a real estate agent. Also the membership in one of the many professional associations of brokers is not necessarily a quality criterion for a good broker.

Everything starts with a good gut feeling towards the broker. If I get along with his individual nature, this is the basis for a trusting cooperation. Objective criteria are then further whether the real estate agent knows the area where the property is located. he should be able to provide comprehensible information about the current market situation for purchase, sale or lease. You can also ask other buyers in the broker’s vicinity – for example – how the cooperation went. References are of course also available in bulk via corresponding portals on the Internet.

Thank you so much for the interview.

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

Investment real estate: tax advantages? Nursing home? – Questions and answers

Many real estate issues are complex. In particular, topics such as capital investment are often incomprehensible to laypeople. It is therefore all the more pleasant when someone who is familiar with this topic explains it in simple words. FIV has conducted an interview with an expert for you. In this interview you will learn everything about capital investment.

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

Capital investment real estate – You should note this

FIV: Investing money is complex. Especially when it comes to real estate. Condominium, single-family house, land or an entire apartment building. How would you describe your approach to investments in a few sentences for our readers? What do I need to know if I want to invest money in real estate?

Right from the start I work according to the motto “only those who know their goal can achieve it”! Sounds banal, and actually it is. I must have a clear idea of what I want to achieve when it comes to investment – as I do in life. Once I’ve defined the goal, it’s about the strategy to achieve it.

FIV: Okay! I’d like to be a millionaire. It’s a clear target, isn’t it? With which system can I achieve this in the best and safest way?

Since my business is real estate, I can ultimately only speak for this area. But this much is certain: when it comes to long-term prospects for capital accumulation, these can be very well and reliably planned with real estate. Company investments – whether as funds or investments in a single company – are subject to strong fluctuations in their performance. Although these can also be offset over a longer investment period, there is still a higher residual risk than with real estate. In addition, there is another very important aspect with real estate: Under certain circumstances, I can achieve a significantly higher return with my existing equity capital than with any other investment. This is due to the so-called lever effect. This always occurs when I do not use the purchased property myself – i.e. rent it out. The rent is my income with this form of investment. If I compare this return exclusively to my invested equity capital, then yields in the solid double-digit range are generated.

Should you take risks?

FIV: But these are tricks, aren’t they? I have to borrow money from the bank to buy a property. That also costs money in the form of interest and redemption.

I don’t MUST borrow money, but I should do it. And this has nothing to do with the interest rates, which are still favourable at present.
Assuming I had enough equity to finance the property I wanted without a loan. Then I save the interest and repayment, but have a much worse return, because I use a lot of money to earn the rent. If, on the other hand, I borrow the money from the bank, then I only have to deduct the interest from the rental income – if I am serious about it. The repayment of the credit is my over the repayment years stretched additional own capital funds, which I put into the “piggy bank” real estate. Strictly speaking, it does not depend on the return on equity. On the contrary, if I have made the right choice when choosing a flat or apartment building, the flat will continue to gain in value in the coming years. If the speculation period of ten years and best also the financing period has expired, I can sell the apartment again and collect the increase in value as an additional return on my redemption capital.

What do I have to consider?

FIV: Sounds very simple. But what’s the catch?

Only in two places you have to be careful! I had already mentioned one place with the right location of the property. If you want to invest your money in a rented apartment, you have to pay attention to the location. Even if it should not be the top location at the time of purchase, there must be a noticeable improvement in sight within the planned investment period – i.e. as long as one wants to keep the apartment. Otherwise, the increase in value won’t work.

On the other hand, this leverage effect only works if the financing interest for my borrowed capital is not higher than the total return on capital of the property. With the current interest situation, however, this is not an issue for the purchase of a decent apartment today.

I recommend here to simply visit one or the other bank. There you usually get clear statements as to which financing framework the bank is prepared to cover. Conversely, I then know how much own money I need as an investment or in which league I can afford an investment object.

FIV: What’s better then? To buy an apartment or a house for yourself, or rather to rent it out?

When it comes purely to capital investment and returns, a property for rent is the better choice. If I want to occupy the capital investment for “today” and the property itself for the future, then I should make sure when choosing the property that the furnishings and location of the property meet my own living requirements.

FIV: How do you then confidently walk the capital market, especially if the future always remains uncertain? Are there any concrete recommendations from you as an expert for our readers?

Of course I will only be able and willing to talk about the real estate market. Anyone who has invested in the real estate business for a long time already knows how to present themselves in this market segment. But everyone else can learn that well! For beginners in the investment business, I recommend starting small. A small two-room apartment in a city or region whose population has grown steadily in recent years is a good place to start investing safely in real estate. The certainty as to whether there will also be a move in for the following years or decades and thus a need for living space can be obtained from the respective municipal administrations, for example. Often the homepage of the city or region already has some information about the urban development.

Catch up with expert advice

With regard to the property itself, the overall state of construction and equipment is of course important. In case of doubt one can consult an architect, a friendly craftsman or other people with appropriate real estate expertise. What renovations have been made? What’s on the agenda? What is the overall ownership structure of the house like? How high is the fluctuation among the tenants of the other apartments? Is there any information about the apartment I’m about to buy? Of course, this is only possible with existing properties. In the case of new buildings, one takes a look at the houses that the developer has already built elsewhere and, if necessary, talks to the residents who have already bought from this developer.

The “right” purchase price still remains…. The Bank is in demand here, as I explained earlier with regard to the leverage effect. Be sure to have several banks calculate for you how rental income, running costs (reserves, etc.) will relate to the loan conditions and the equity capital for you. In plain language: You will also receive different offers from different banks. This may be worth it for you.

FIV: And now the question of how self-confident should I appear in the conversation:

Self-confidence doesn’t mean I’m performing with the proverbial big arms. On the contrary: the real estate seller and the banker will quickly notice how experienced you are in matters of capital investment. It’s better to be a beginner! After all, bankers are now also strongly liable if they give the wrong advice.

Is the investment worth it?

FIV: We currently hear a lot about real estate returns of 4.5 percent, sometimes 6 percent. In the context of the current development of interest rates on savings balances, this sounds like a sensible investment. Would you agree with me? How much do real estate currently pay off as a capital investment?

These yield data are really serious and covered by my experiences. As far as the pure return on equity is concerned, it often even looks much better, as we have heard above. I can only repeat here that real estate is a good and safe investment in terms of yield as a capital investment – the so-called “concrete gold”. Prerequisite: the location of the property is such that it generates continuous rental income at the normal market level. If longer periods of loss of rent are to be feared, for example because the residential area or the house has a high tenant fluctuation, then the investment does not pay off.

Various types of real estate – Investment opportunities

FIV: Which type of property would therefore pay off for me? Better the small single apartment, the large condominium for families or better a detached house?

If you are a beginner in the real estate business, then start with the small single apartment. The single-family house is rather a problematic thing as a capital investment for letting. If you are then times correctly in it and also have the necessary capital, it is with real estates like with shares: the mixture macht´s! Single-apartments in corresponding regions (e.g. student cities) combined with large housing units makes sense. In concrete terms, houses with apartments between 50 sqm and 110 sqm are ideal, as apartments over 110 sqm are usually more difficult to let.

FIV: Many questions, when is it worth investing? 10,000 euros, 20,000 euros. Are the investment opportunities just discussed suitable only after a certain financial framework or are there perhaps also new alternatives and possibilities, for example in the form of regular instalments?

Here, too, we would like to point out once again that good real estate can be financed even with small investment amounts. The prerequisite is that the bank also recognises that the property is a secure investment. Condition of construction, location, amount of rent, etc. – all this must be right so that you get the credit for the purchase price demanded. Ultimately, the annual net cold rent is the proverbial crux of the matter. Of course, everything also depends on my having a regular income.

FIV: For all those who are thinking about selling or buying. Which region and location do you consider to have the greatest potential in Germany?

Oh, dear… There are so many regions. I myself live in the Rhine-Main area. This is in any case a good region to buy. And I’m not just talking about the big cities of Frankfurt, Wiesbaden and Mainz. The small towns in this region are also doing well in real estate. Hamburg, the Bonn-Cologne-Düsseldorf line, the Munich area, Berlin and Stuttgart are further examples.

Investments in nursing homes or homes for the elderly

FIV: Finally, the question: What do you think of investments in old people’s homes or nursing homes?

Very little! – is my short answer. This is related to the very high risk that this form of housing has as an investment. We’re talking about so-called social real estate here. In view of the aging population and the resulting increase in demand for senior citizens’ and nursing homes, it is suggested that this is a safe investment. However, these properties as management properties – like hotels, for example – have a serious disadvantage: if the operating company works poorly, such a property quickly becomes a bottomless pit. In the meantime, there are numerous examples of nursing homes that were either not used to capacity or lacked the necessary investments to guarantee a high standard of care. Then again the residents are absent, which in turn leads to a lack of investment by the operators. A vicious circle! Not only is there no rental income, you usually also have to inject a lot of capital in order to get the house in shape or to keep it that way.

Private customers are already being taken advantage of when it comes to the purchase prices of nursing home properties! Usually nursing homes are acquired by so-called institutional buyers. Like a hospital company or something. However, they are only prepared to invest a maximum of 14 times the expected net annual rents. This is why the developers of these facilities have in the past switched to approaching private customers – with the corresponding return promises. Often 20 times the net annual rent is charged as the purchase price, because it is supposed to be a great and safe investment. I’m not saying “hands off”, but it takes a lot of experience and advice to get into this business.

Thank you very much for the interview!

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

Does a property make sense as a capital investment?

Property as a capital investment – Many people come to the point at some point in their lives where they wonder whether it might make sense to invest in a property. As a layman it is sometimes quite difficult to find your way around the topics of real estate. We have interviewed an expert for you to answer all your open questions.

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

Is real estate a sensible capital investment?

Nobody will be surprised that I, as a broker, answer this question with a clear “yes”. But it depends on the reason! When buying real estate as a capital investment – and it doesn’t matter whether it’s a house, a plot of land or an apartment – everyone likes to talk about “concrete gold”. There is a reason for this: real estate has indeed grown steadily in value over the past years and decades. Generally speaking, anyway. As with gold, you also have to endure times with worse performance or even a downward trend in real estate.

FIV: Then I’d rather invest in gold right away. After all, do I never have to “renovate” gold or worry about tenant issues?

At first glance, that is correct. But at a second glance it quickly becomes clear: if you do your real estate right, you can achieve gains in value in periods and heights that gold investors only dream of. I’m talking about the “leverage effect” of buying real estate. In short: The capital used for the purchase experiences already after ten years with sales of the real estate a value increase in the tidy two to three-digit range. No gold in the world can do that!

No gold in the world can do that!

However, with gold it doesn’t matter where it is located – the main thing is a secure safe at a bank. With a real estate it is not indifferent. In addition to the state of construction, the location plays a decisive role in value development.

invest money in Frankfurt & Rhine-Main area

FIV: What does that look like in the Rhine-Main area? Which regions are in demand?

The Frankfurt am Main, Wiesbaden and Mainz area is known to be at the top of the scale when it comes to demand for real estate. You only have to drive on the relevant motorways once in the morning and after work to know that many people work and live here. The urban agglomeration is interesting for many people to shorten the distances to work.

But of course there are also differences in the intensity of demand and thus in the development of prices. It is really expensive wherever people have good connections to buses, trains and roads. The Rhine rail to Bingen, for example, is therefore very good, or the surrounding area from Frankfurt to Butzbach, Hanau etc..

Real estate as a capital investment fits perfectly into these locations of the Rhine-Main area!

However, the locations in the Middle Rhine Valley or in the rear Main-Taunus district are a little less good. There, real estate is sold rather than bought. Basically, the purchase prices decrease with the distance to the large centers. This is interesting for investors because although the purchase prices for real estate in the periphery are often lower, the rental income to be achieved is not. This has a noticeably positive effect on the yield of the property.

Brexit and real estate prices?

Question: Do you think that Brexit plays a role in real estate prices in the Rhine-Main area?

Yes! I’m sure of it!! Since the decision to resign was made, many companies have relocated their headquarters to continental Europe. Frankfurt is one of the first addresses in the world for banking and financial services, so that some companies from this sector have already come to Frankfurt. Others will follow. Compared to the rents and purchase prices in London and the surrounding area, our prices seem rather moderate to the bankers.

Which areas in the Rhine-Main area benefit from the influx of exiled Brexit victims, however, cannot be said so clearly. For example, even greater pressure on the housing market was predicted for the inner city of Frankfurt than it already is. However, this has not happened so far. Many prospective customers are now looking for a house or apartment in the surrounding area. The Rhine-Main conurbation is much more manageable in its dimensions than Greater London. The journey by train or car to work in Frankfurt is obviously acceptable for many prospective buyers. Real estate buyers in more distant areas can also profit from this development. The corresponding properties and locations only have to be professionally marketed to the target group of interested parties. The Rhine-Main area is becoming more and more expensive, so that locations that were considered moderate yesterday are interesting today as capital investments. This includes Rheinhessen, for example.

3 tips for investing in real estate

Question: What three tips would you give our readers if they wanted to buy a property as an investment?

  • Tip 1: Have the courage to get money from the bank for buying a property as an investment.
  • Tip 2: For the beginning tut´s also ne chic 2-Zimmer-Wohnung in desired situation, in order to enter into the plant business with real estates.
  • Tip 3: When buying, also listen to your “gut feeling” and not only to the advertising slogans of the realtor.

Question: How high are the real estate prices in Frankfurt and the surrounding area? Which parts of the city are currently particularly in demand among buyers and investors?

The prices for real estates are usually indicated gladly per square meter. In Frankfurt they are between € 3,500 and around € 8,000 for existing properties and between € 5,000 and over € 11,000 for new buildings. Now I have also looked at apartments and houses together. You can get a good first overview from the page wohnlagenkarte.de.

square meter price between 3,500 and 8,000 Euro in inventory

square meter price between 5.000 and 11.000 Euro for new building

How high the price is then really, decides not only on the age of the property. The state of refurbishment, equipment, location in relation to public facilities and local suppliers also play a decisive role. As mentioned above, the accessibility of public transport and good roads is also very important with regard to the purchase price.

Which districts – not only in Frankfurt – are particularly in demand depends on many local conditions. In addition, the ranking of “in districts” is very variable. Who would have thought in Frankfurt that the Ostend would one day become a really sought-after district? Before the decision to rebuild the ECB (European Central Bank) there, the Ostend was almost like the city’s dump. This has now changed and an end to the positive development for Ostend is not in sight.

Sure. Bockenheim, Westend and Sachsenhausen are still the first choice for Frankfurt. The Gallus district has also done the right thing.

Wherever, for example, old industrial plants are turned into versatile quarter complexes with cultural and shopping facilities, where industrial wastelands are built over with well thought-out new buildings, a district becomes a preferred place to live and thus also a lucrative investment location for real estate buyers.

New building in good location – what do you say?

Question: If I now invest in a new building in a very good location, am I on the safe side?

There gibt´s from me a clear “Jain”! A yes because with a properly executed new building there is first of all peace and quiet before renovation work. Perhaps also because for the tenant, whom I want to win as an investor, a new building usually seems more attractive than moving into an existing property.

The NO, for example, applies to the fact that the investment in new buildings is usually significantly higher than in existing properties. Then the rent to be achieved must be so much higher that my yield from the rental income is so high with existing properties. The real estate as capital investment is not only interesting because of the regular rental income. Ultimately, the return is achieved when I sell the property again sometime. In good locations, the value of the object will then continue to rise. However, anyone who has already made a very high price entry when buying a new building must experience a stable and very steep performance in order to make the investment work.

The purchase of an existing property – naturally also in a correspondingly good location – can function much better and safer as an investment. You have to calculate all this with your banker, but also with a qualified broker.

Should you sell your property now?

Question: Conversely, do sellers benefit from the current trend?

But absolutely! Because everything I said from the perspective of the buyer also applies to the seller. Above all, of course, with regard to the selling price to be achieved. But watch out! There are initial signs that the upward price spiral is slowing down. Some are already warning of a real estate bubble. Because in the past years with the favorable interest rates and the strong interest in real estates it showed up also that for houses and dwellings partly genuine fantasy prices are called. Many a salesman thinks he can now do the business of his life.

But after all: especially if you want to sell your property quickly or even have to – for example in the event of death, insolvency or something like that, the seller today still achieves significantly higher prices than a few years ago.

However, I would really warn against assuming that the upward trend in prices will continue in the distant future. And even if real estate prices continue to rise, interest rates will eventually become more expensive again. Then many will shy away from buying a property and the market will cool down.

Price development for real estate and square meters

Question: What are the prices like in the so-called bacon belt of Frankfurt? How have demand and real estate prices developed?

The so-called “Speckgürtel” now stretches from Frankfurt far west towards the Rhine, north to the Giessen area. In the east geht´s to about Gelnhausen in the Main-Kinzig district and in the south far down the Bergstrasse.

The closer area around Frankfurt is still everything in the front Taunus from Hofheim to Bad Homburg. But Friedberg can also be counted among them. I recommend that you just take the S-Bahn ticket with the terminal stops. This gives a reasonably suitable radius for the narrower bacon belt around Frankfurt. Since the demand here is correspondingly high and the connections to the center are good, the real estate prices in the surrounding area unfortunately often play in the same league as in the city center.

Last question on that: If you have the money, you should buy in 2019 or not?

Even if you don’t have the money, you can still think about buying! Nobody expects the purchase price to be paid completely out of equity and if possible in cash. In most cases, a little money of one’s own in relation to the total price is sufficient as equity capital. In addition, the banks currently still offer attractive interest rates! That’s the beauty of capital accumulation with real estate: you don’t have to bring a fortune with you, you can earn it with real estate!

Thank you very much for the interview!

Interview with real estate expert Jan Rickel from IHV – Die Immobilien Makler.

More on the subject:

20 Must-Know Legal Documents For Property Buying

Capital investment real estate: Long-term investment