Commission-free Properties to buy

Buy real estate such as houses and apartments commission-free

The Germans have long been a "renting nation". But that is changing. More and more people want to buy their own property. The dream of owning a house or a chic condominium should come true. The interest rates of recent decades have made it easy to fulfill this wish. Corona and the war in Ukraine caused interest rates to rise sharply in the meantime, but the level has fallen again. It therefore remains affordable to buy a property.

The properties for sale offer suitable properties for everyone. However, prices in Germany vary greatly from region to region. A-locations in metropolitan areas and popular cities as well as economically strong regions generally mean significantly higher purchase prices. If you are a little flexible and buy a property away from the city or in the countryside, you can save considerable costs.

Rural regions in eastern Germany, North Rhine-Westphalia, Rhineland-Palatinate, Lower Saxony and Saarland are considered particularly affordable. Prime locations in cities such as Munich, Berlin, Frankfurt, Hamburg, Cologne or Düsseldorf, on the other hand, mean high purchase prices.

Commission-free private properties are particularly attractive

The desire to own property exists and can be fulfilled by buying a property for many budgets. It may not have to be a villa on the outskirts of the city or an exclusive detached house in a new housing estate. An "established" property on the outskirts or a small apartment may be sufficient.

Commission-free private properties offer a particular advantage when looking for a suitable offer. This is because there is no estate agent fee for these properties. This often gives you a certain price advantage.

Nevertheless, the purchase itself is as simple as with any other property. It starts with making contact, checking the property and negotiating the price, right through to the notary appointment.

Checklist for buying a property

On this page, we not only offer you many commission-free houses and apartments as well as other private properties for sale. We also have tips and a short checklist for you. You can find more detailed information on the process of buying a property in our guide. For our short checklist, we assume that you have already successfully searched on ohne-makler.net, for example.

Viewing the property

• In daylight and accompanied by an expert with the necessary technical knowledge, so that possible renovation measures for an old building and costs for paving and landscaping for a new building are adequately taken into account in the financing amount.

Purchase of a plot of land with and without a property

• Have a soil survey carried out: This will tell you more about the soil conditions, the groundwater level and the contamination of the land on which you want to build your future home. Contaminated sites and hazards can otherwise become an expensive matter.
• View the local authority's development plan: So that you know what plans the local authority has around your dream property in the near future. This can be relevant to the price and may even restrict the type of use or construction method for properties.
• Consider the floor plan design: Rule of thumb: the more walls and corners required, the more expensive the house will be.

Tips when buying a house or apartment

• Check documents: Check that you have all the relevant documents. You can find information on this in our checklist for sellers.
• Legally required energy certificate: Only the energy requirement certificate assesses the energy requirements of the property. The energy consumption certificate, on the other hand, says something about the energy consumption of the previous owner, which depends on their usage behavior.
• House connections:
  • How old is the existing heating system?
  • What does the electrical system of your "dream property" look like?
  • What DSL connection is available?
• Living space: Check whether the stated living space corresponds to the actual square meters. In practice, there are often (not necessarily deliberate) discrepancies between the stated and actual sizes.

Special features when buying an apartment

• View the minutes of the owners' meetings: When you buy a condominium, you automatically become a member of the condominium owners' association. To find out everything you need to know about upcoming repair measures, you should check the WEG minutes. These are an important document for assessing charges from the past, current resolutions and upcoming expenses. Disputes within the condominium association can also be derived from them.

Service charges when buying a property

The purchase of a property is associated with so-called ancillary costs. You should take these into account before purchasing, as the following usually applies: you can finance a property with a loan of up to 100%, but you should be able to pay the ancillary purchase costs out of your own pocket. The following costs are usually incurred:

• Land transfer tax of 5% of the total purchase price in most federal states,
• Notary fees and land register entryfees of around 1.5 % to 2 %,
• estate agent's commission of up to 7.14% (if you are the sole agent).

Commission-free properties are attractive when buying

All in all, you can expect to pay additional costs of around 12 - 13 % of the purchase price when buying a property. As there is no estate agent's commission for our commission-free properties for sale, these properties have 3 % to 7 % lower additional costs in relation to the sales price. Buying privately is worth it!

Important: Of course there are other costs, but these are not counted as incidental purchase costs. These include, for example, new insurance for the house, the property tax to be paid and expenses for moving house, including re-registration.

How much equity should you have?

Even in view of low interest rates, experts recommend at least 20-30% equity when buying a property so that the financing is easy to manage and there are no problems in the event of unforeseen events such as sudden unemployment. The more equity you can contribute, the easier the financing will be.

If you have a good credit rating and sufficient assets, full financing is possible in individual cases. However, this is generally not recommended for private buyers due to the significantly higher risk.

How do you protect yourself against insolvent property sellers?

You have finally found your dream property, but your dream home comes to an abrupt end in the last few meters. The seller didn't tell you that he had filed for insolvency and the property you coveted is now part of the seller's insolvency estate, leaving you in the lurch.

Don't panic! You can avoid situations like this with a priority notice of conveyance in the land register. The notary will take care of this. An early declaration of conveyance when buying a property prevents the insolvency administrator from accessing the property.

Conclusion: When buying real estate, it is better to be safe than sorry, but with a little prudence, almost nothing can go wrong. Last but not least, commission-free offers from private buyers make your property a dream in two respects!