The commission charged for the sale of a flat should be based on the amount of work required by the assignment, not on the local price level.
Especially in big cities, price increases that have continued for several years are reflected in the commissions charged as a percentage of the sale price. Quite a few of the people selling their flats pay way too much in commission today.
In big cities, heavy demand for flats makes selling easier than in small towns. Consequently, the commissions in big cities should be lower, not higher as they are with most real estate agents.
Example property 1:
Studio in Töölö, 34 m²,
debtless price 234,000€
Competitor’s brokerage fee
(4% + VAT = 4.96%) 11,606€
Myyntiturva’s brokerage fee
(2,000€ + VAT) 2,480€
Example property 2:
One bedroom apartment in Katajanokka, 61 m²,
debtless price 410,000€
Competitor’s brokerage fee
(3.5% + VAT = 4.34%) 17,794€
Myyntiturva’s brokerage fee
(3,000€ + VAT) 3,720€
Example property 3:
Two bedroom apartment in Hakaniemi, 77 m²,
debtless price 458,000€
Competitor’s brokerage fee
(3% + VAT= 3.72%) 17,038€
Myyntiturva’s brokerage fee
(4,000€ + VAT) 4,960€
Example property 4:
Five rooms in Kamppi, 246 m²,
debtless price 1,680,000€
Competitor’s brokerage fee
(2% + VAT = 2.48%) 41,664€
Myyntiturva’s brokerage fee
(7,000€ + VAT) 8,680€