What type of real estate agency should you choose to sell your property?

When you decide to sell your property, choosing the right real estate agency can be a real headache. You may be wondering whether to choose a local agency, an online agency or even several agencies. Although it's possible to sell without an agency, it's generally advisable to use a real estate expert.

Updated on
18/8/2023

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When you decide to sell your property, choosing the right real estate agency can be a real headache. You may be wondering whether to choose a local agency, an online agency or even several agencies. Although it's possible to sell without an agency, it's generally advisable to use a real estate expert. 

Which real estate agency should I choose to sell? The different types of agencies 

There are various options for selling property quickly and efficiently, each offering different levels of support and follow-up. However, the choice of a real estate agency is an important one. Although the use of a real estate agency is often necessary to save time and sell quickly compared to a sale between private individuals, it is crucial to choose a competent agency capable of meeting your specific expectations.

Previously, homeowners had only two options for selling their property: choose a traditional real estate agency or sell on their own, as private individuals. However, with the emergence of Proptech and the rise of digital technology in the real estate sector, new solutions have emerged, offering different support services for the sale of real estate.

Classic" real estate agencies

The "classic" estate agencies are the ones everyone knows, with their shop windows on every street corner. They have a physical office and deal with the sale and/or rental of real estate. Their agency fees generally represent a percentage of the property's selling price, averaging 3% of the selling price excluding VAT, according to Le Soir. For example, for a property sold at €500,000, agency fees would amount to around €15,000 excluding VAT.

These agencies handle the sale of your property, offering services such as valuations, visits and presentation of offers received. However, not all services are the same: some agencies offer professional staging of your property, while others don't handle viewings. That's why it's important to find out which real estate agency is the right one to sell your apartment or house.

Commission-free real estate agencies

Commission-free" estate agencies are a new model that represents a compromise between time-consuming sales between private individuals and "classic" estate agencies, which charge higher commissions for a similar service. These new agencies are challenging the percentage-based remuneration model, which they consider obsolete. Digital-oriented, they are developing online tools to make selling more efficient, and are offering their customers fixed rates that are far lower than percentage-based commissions. At BrickSquare, for example, our rates range from €2,950 to €4,950 for the sale of your property.