CZECH REPUBLIC:

In the Czech Republic, the seller and buyer pay an average of 2.0-5.0% of the real estate commission. How much they have to pay depends to a large extent on the property company or the conditions agreed between the buyer and the seller. 21% VAT is also charged.

The commission on expensive real estate is sometimes lower, namely 1%.

POLAND:

In Poland, the buyer pays 5% commission and the seller is 2.5-3.0%. 23% commission is charged.

UKRAINE:

In Ukraine, the buyer pays 1% and the seller 1.0-5.0% of commission. VAT on real estate sales is 18%.

SLOVAKIA:

In Slovakia, the buyer pays 1.01-1.60% and the seller 3.0-6.0% of commission. 20% VAT is added.

BOSNIA AND HERZEGOVINA:

In Bosnia and Herzegovina, the buyer pays 3.0-5.0% and the seller does not pay anything. VAT is 17%.

BULGARIA:

In Bulgaria, the buyer pays 0.10-3.0% and the seller 2.5-3.5% of commission. 20% VAT is charged.

MONTENEGRO:

In Montenegro, buyers do not pay for the services of a real estate agent. The payment, usually from 3% to 6% of the property price, is paid by the seller. VAT is 19%.

MACEDONIA:

In Macedonia, the buyer pays 2.0-4.0% and the seller 2.0% of commission. 18% VAT is charged.

ALBANIA:

In Albania, no real estate sales tax is charged. Only commission is paid, namely the buyer 1.0% and the seller 2.0%.

RUSSIA:

In Russia, just the buyer pays 2.0-5.0% of commission. 18% VAT is added.

CYPRUS:

In Cyprus, the buyer does not pay a commission, and the seller pays 3.0-8.0%. In many cases, the real estate commission is 5%. No VAT is charged.

MALTA:

In Malta, the buyer pays 3.5% of commission and the seller 5.0%. 18% VAT is charged.

FINLAND:

In Finland, commissions vary from 3% to 5%. This is often paid only by the seller.

NORWAY:

In Norway, the buyer does not pay a commission, and the seller pays 1.0-2.5%. 25% VAT is charged.

DENMARK:

In Denmark, the buyer pays 1.23-3.23% commission and the seller 3.0-5.0%. VAT is 25%.

ICELAND:

In Iceland, the buyer pays 2.4-3.4% commission, and the seller 1.5-2.5%. 24% VAT is charged.

SWEDEN:

In Sweden, the buyer pays 2.0-10.0% commission and the seller 3.0-5.0%. VAT is 25%.

LIECHTENSTEIN:

In Liechtenstein, the buyer does not pay a commission, and the seller pays 3.0%. VAT is not charged.

LUXEMBOURG:

The same is true of Luxembourg as for Liechtenstein. The commission is paid only by the seller, namely 3.0%. VAT is 17%.

MONACO:

In Monaco, the buyer pays 3.0% and the seller 5.0%. VAT is 19.6%.

LATVIA:

In Latvia, the seller almost always pays the commission.

There are no regulations that would regulate real estate commissions, therefore a sales contract will determine a commission, which usually amounts to 2% to 5% of the value of the property. VAT is charged at 21%.

ESTONIA:

In Estonia, the buyer pays a 2.0-4.0% of commission and the seller does not pay anything. VAT is 20%.

LITHUANIA:

In Lithuania, only a buyer pays a commission, namely 1.5-3.0%. VAT is 21%.

GEORGIA:

In Georgia, the buyer pays 2.0-6.0% commission and the seller 6.0%. High VAT is charged, namely 30%.

IRELAND:

In Ireland, the buyer and seller pay each 1.0-3.5%. VAT is 23%.

UNITED KINGDOM:

In the United Kingdom, commissions are lower than in other countries. The buyer pays 0.5-3.5% and the same percentage is paid by the seller. VAT is 20%.

There are no regulations for real estate commission. It is agreed between the client and the agent or determined with competitive prices.

Source of article: Tranio

Source of picture: Realty Biz News