Confusion about property taxes

@Jessica Duffin is your property 12k€ or 120k€? Those fees seem too high for a 12k€ home. cheers

There are minima for taxes - so the absolute minimum you can pay is 1100 euros plus 50 + 50.   

2000 - 2500 is now normalish for a notary for a smaller house.

Do you have the rateable value for the property? 

What is appalling is the agency.  4000 euros is not normal.    Its double what most agents would charge, but it seems that there's a bit of a cartel in Abruzzo/Molise.

@ciprianomanca 12k! It's just a very small house in a quiet mountain town. I thought they were high too.

@Modicasa that's really helpful, thank you so much!

We don't have the rateable value of the property no - do you know how I could perhaps find it? The estate agent is quite short answering my questions, and leaves out a lot of detail! It's hard to get clear answers from her.

We've been quoted around 3000 for other agencies, and were told that it's standard for Abruzzo, but perhaps we could maybe get them to drop the agency fee a little? One estate agent has previously offered  to discount the agency fee on a similarly priced house. I'm not sure what the protocol here is in Italy and whether asking would be offensive and cause problems.

Thank you for your help. I appreciate you may not have the answers to these questions and I don't want to take up too much of your time!

Tell your agent you want to see the visure for the house.  Its a public document and she has no reason not to send you it. That will have the rateable value on it.   Did the agent tell you how much you would have to pay them before you committed to the sale?  Do you have it in writing? Is she a legal agent who is invoicing you and appearing in the act of sale? 

@ciprianomanca

agreed

4k€ on a 12k€ property would be a 33% agent fee which is just ridiculous.based on the link below, fees might vary but should be in the range of 2-3% of the purchasing price. https://www.dove.it/guida/amp/quanto-co … 36zd88zz4u

    Tell your agent you want to see the visure for the house.  Its a public document and she has no reason not to send you it. That will have the rateable value on it.   Did the agent tell you how much you would have to pay them before you committed to the sale?  Do you have it in writing? Is she a legal agent who is invoicing you and appearing in the act of sale? 
   

    -@Modicasa

Our agent didn't give it to us in writing either (other than estimated fees via email, mentioning that they are "subject to change") and has not mentioned any numbers it in the draft of a purchase offer/preliminary contract. Is it legal on their part? If yes, what do I have to pay them in this scenario?

The agent should be able to tell you exactly how much the taxes/imposte are on the sale as well as their fee.  The notary fee is decided by the notary, so they can usually only give you a ball park figure for that.

The agency should have their percentage and minimum charge written somewhere - even on the website. 

Some agents like Engels and Volkers charge 4% plus IVA, and others are now following suit.  However a percentage commission on a small sale isnt practical, which is why most agents have a minimum commission rate.

The law says that the agent must be named in the documents.  If they arent, according to the law they don't exist.  So your preliminary should say that there is an agent, who it is, number REA and at the minimum - 'that they have the right to commission according to the law'.   

Thank very much,

I have a Real estate company name, REA number. They are selling us a 1/2 of a residential house, which belongs to some company, or is registered to the company. No fees are mentioned in the paper, other than a price of the house and a deposit  which is due at the submitting the Proposta di Acquita. They asked for a deposit to be transferred directly to the seller.

One detail I can see (might help us?) is that "present contract is conditioned to the check of the documentation pertaining to the real estate units in object by both parties, for the duration of two month. In case of positive outcome, the present contract will be considered as perfected and the parties will move forward with the notarial deed as agreed".

As the contract was signed the past summer, and we never formally signed that we agreed with the outcome of the inspection report (which came with significant discrepancies from the city documents) does it mean that we actually are not really obliged to move forward with the purchase?

The agency emails every second day that we have to pay their/agency fees "NOW" and we have to sign some essential documents (without disclosing which ones) and commit to closing day in order to avoid being in legal trouble. (without disclosing which one, assuming being sued?)

Thank you.

@Modicasa we haven't put in an offer yet! We were asking how much all the fees would be and that is what we were quoted. I asked for the visure and they refused and said we only need to see that once we have made an offer. I don't think we'll be going with this house now, as there is another we are considering and this agent has been so tricky I feel unsure about going with them!

Thank you for all your help.