Why Sell with Us?
At Chase Real Estate, we understand that selling your property is a big decision, which is why we have curated a team of dedicated professionals to assist you with your decision and ensure you feel safe and comfortable throughout the process.
Trust is the foundation upon which any real estate transaction should be built, and Chase Real Estate understands its significance. Our commitment to transparency, honesty, and integrity ensures that our clients can rely on our expertise and guidance throughout the process. Agents at Chase Real Estate possess extensive knowledge of the market, enabling us to offer valuable insights and make informed decisions that align with our clients’ goals.
Ready to make the move? Reach out to us today to schedule a free, no-obligation valuation.
The Selling Process - A Step-by-Step Guide
Step-by-Step Guide to Preparing Your Home for Sale
Home Preparation
To present your property in the best possible light, we recommend a thorough cleaning and decluttering. It’s important to address any odors and enhance the curb appeal of your home. This includes tasks such as mowing the lawn, painting the exterior, and tidying up bushes and weeds. Additionally, consider making minor repairs, touching up interior paint, and replacing any burnt-out light bulbs.
Contact Real Estate Professionals
Reach out to local real estate experts at Chase Real Estate. Our agents will conduct a thorough inspection and provide a market valuation of your property.
Organize Necessary Paperwork
Given the evolving regulations in Corfu, especially concerning plots and building eligibility, it’s crucial to compile all relevant documentation. Essential documents include:
New Topographic Survey
Electronic Plot Declaration (KHD)
Ktimatologio Application
Comprehensive Licensing Files (including architectural, static, and mechanical engineer plans)
Legalization Documents (including plans and necessary static calculations for any illegal constructions)
Electronic Submission of All Property-Related Files (HTK), encompassing all contracts
Energy Performance Certificate (PEA) applicable for houses and shops (not for vacant plots)
Tax Property Certificate ENFIA
Income Tax Certificate
Insurance Certificate
Ownership and Purchase Contracts
For assistance, please consult your engineer and lawyer who facilitated your property’s purchase or construction. We can also recommend both a lawyer and engineer to assist with this process.
Professional Marketing
At Chase Real Estate Corfu, we use professional photography and walkthrough video equipment to showcase your property at its best. To view examples of our videos and marketing materials, please visit our website or our YouTube channel below:
https://www.youtube.com/@ChaseRealEstateCorfu
This guide is designed to help you efficiently prepare and market your property, ensuring a smooth and professional selling process.
The Sales Service at Chase Real Estate Corfu
Our comprehensive service includes:
- Professional Photos
- Walkthrough video featuring one of our agents
- Professional advertising on several major platforms including Rightmove, Greenacres, James Edition (luxury properties), Spitogatos, Spiti24, Zoopla, Properstar
- Social media & Google advertising, including targeted campaigns
- We handle all communications with potential buyers
- We accompany clients on viewings
- We assist and advise through negotiations
- Assistance and liaising with engineers, lawyers & notaries
- Guidance through the whole conveyancing process from start to finish.
At Chase Real Estate Corfu, we aim to ensure a smooth, hassle-free process for you.
Our fee is 3% + VAT, and we operate on a no-sale, no-fee basis unless agreed otherwise. Your agent will take over and keep you updated on progress, viewings, feedback from potential buyers, and feedback from the market.
Once an offer is accepted, we move to:
Reservation of the Property
We will facilitate the creation of a reservation agreement, serving as a private contract between the buyer and seller, with our company acting as the intermediary agent. Enclosed is a sample of this agreement. To proceed, you will be required to sign the document and submit a €5,000 deposit to our business account. Upon receipt of the deposit, the property will be withdrawn from the market. This agreement is designed to safeguard the interests of both parties, as outlined within the document. The agreement has been provided in a separate email for your review.
Lawyers & Legal Control
Upon signing the reservation agreement by both parties and receipt of the deposit, we will inform your attorney and the seller’s attorney to initiate the conveyancing process. Once the legal formalities and the engineering report are finalized, we can then proceed to execute a notarized contract. The typical timeframe for these processes is approximately 12 weeks.
The Professionals: Roles, Influence & Cost
Lawyers – Generally 1% or less, subject to work required.
Lawyers in Corfu bear significant responsibilities when assisting property sellers. They are tasked with advising sellers and ensuring that all necessary documentation for the property being sold is complete and ready for conveyance.
A principal responsibility is verifying that the property is legally registered and reviewing all pertinent contracts. Their legal oversight is crucial to facilitating a seamless transaction.
Engineer – Cost is subject to work required
The role of an engineer is crucial in the sales process. They are tasked with assessing the property’s current condition and delivering a comprehensive report of their findings to you.
Additionally, they are responsible for verifying that the seller’s mechanical documentation accurately reflects the physical property. This includes reviewing plot and floor plans.
If necessary, engineers are also expected to update or amend any modifications to these plans.
Notary – A property sale necessitates the involvement of a notary. Legal and technical documents submitted by lawyers and engineers are reviewed and verified by the notary to ensure the property’s correct conveyance and registration.
Once the documentation is confirmed to be complete, the notary drafts a detailed contract that includes all relevant details and parties involved. This legally binding agreement is signed by both the seller and buyer and is then notarized in the notary’s office. Subsequently, the notary registers the contract in the name of the new owner with the relevant state authorities.
Cost Breakdown
3% for Real Estate Agent
0% – 1% + VAT for lawyer
Engineers are subject to the work required
0% Sales tax
0% Capital gains tax
Total: 3% – 3.5%
Frequently Asked Questions
0% Sales tax
0% right now, but they do plan to implement a 15% tax in the future.
Cost breakdown:
- 2.5% for Real Estate Agent
- 0% – 1% + VAT for lawyer
- Engineers are subject to the work required – Can be €1,000 or substantially more
- 0% Sales tax
- 0% Capital gains tax
Take photos of the meter readings and submit them to your provider to close the accounts.
Most of the time, you can leave most of what you want unless the buyer does not wish to take anything. We generally advise finding the buyer first, then discussing furniture.
