A problem shared is a problem halved - the principle of halving broker commissions
Content and regulation
The purchase of land and residential property regularly represents a considerable financial burden - not only in times of rising interest rates. The ancillary purchase costs should not be underestimated. As a rule, potential purchasers must provide at least these from their own funds in order to obtain financing. In addition to notary fees, land transfer tax and land registry costs, the frequently incurred estate agent costs make up a large part of this. Until now, it has been common practice to pass these on to the buyer in full by means of appropriate contractual arrangements. The intention of the "half-share principle" introduced with the reform of real estate agent law at the end of 2020 was to prevent this, to keep the ancillary purchase costs low(er) for a certain group of buyers and thus indirectly promote the creation and acquisition of property and residential property.
Real estate law, public & private construction law, public procurement law