Real Estate Agent Fees in Corfu: What You Need to Know Before Hiring

How Much Do Real Estate Agents Charge in Corfu?

If you’re thinking of buying or selling property in Corfu, it’s important to understand how real estate agent fees work before signing any agreement. In Corfu, real estate agents play a key role in the buying and selling process, but the commission and fee structures can differ from what you might expect in the UK, US, or other countries.

Standard Real Estate Commission Rates in Corfu

• Commission Range:
  Most real estate agents in Corfu charge a commission between 2% and 3% of the final sale price.

• Who Pays the Fee?
  Usually, the buyer and seller each pay their own agent a commission (split commission model). In some cases, the entire fee may be paid by the seller or split differently by agreement.

• VAT:
  Agent commissions in Greece are subject to 24% VAT, so be sure to factor this into your total costs.

What’s Included in the Agent’s Fee?

A reputable real estate agent in Corfu will provide a range of services for their fee, including:

• Property valuation and price advice

• Marketing (listing, professional photography, advertising)

• Organizing viewings and open houses

• Negotiation support between buyer and seller

• Handling paperwork and contracts

• Guidance through legal steps with notaries and lawyers

Always clarify exactly what’s covered in your agent’s commission before agreeing to work together.

How Are Fees Agreed Upon?

• Written Agreement:
  It’s standard practice for agents to have a written agreement detailing the commission percentage and terms.

• Negotiable Rates:
  In some cases, commission rates are negotiable, especially for higher-value properties or exclusive listings.

• No Sale, No Fee:
  Most agents work on a success fee basis—if the sale doesn’t complete, no commission is due.

Tips for Getting the Best Value

• Ask for a breakdown: Know exactly what marketing and support is included.

• Compare agents: Don’t choose based on fee alone—consider experience, market knowledge, and reviews.

• Clarify VAT: Make sure the quoted commission includes or clearly states VAT.

• Get everything in writing: Verbal agreements can lead to misunderstandings.

Are There Any Hidden Costs?

While most agents in Corfu are transparent, always double-check for:

• Extra marketing or advertising costs

• Legal, notary, or property registration fees (these are usually separate from the agent’s fee)

• Fees for additional services such as property management or rental setup

Conclusion

Understanding real estate agent fees in Corfu helps you budget properly and ensures you get good value for your money. Choose a reputable agent, clarify all terms up front, and remember: quality service and local expertise often pay for themselves in a smooth, successful transaction.

For trusted local agents and more on buying or selling in Corfu, visit chaserealestatecorfu.com.