Property dealer fees

[usmanyo (Usman Toqeer)]

I would like to know the fees of property dealers in lahore when they get a deal done btw 2 parties. Is it 1% of land value from both parties?

[masakinconsultants (Nasir)]

Yes 1 Percent in Pakistan.

[usmanyo (Usman Toqeer)]

Thanks! and can you tell me that how much income tax would be applicable on sale of property?

[zainnadeem30 (Zain Nadeem)]

Seller is required to pay CGT (capital gain tax)and also other stamp duties.

[serhatkhan (khan007)]

What about dealer fees when arranging files. For example if MULTI F block does launch next year and one purchases a file from a dealer without OWN. Will they charge 1% of the total value or just the down payment value?

[ihsanmarwat (Prop Guide)]

Khan007:

Generally it is 1% of the paid amount but for smaller deals they usually demand 5 or 10 K.

Thanks

[zainnadeem30 (Zain Nadeem)]

Well in case of rental property, agent's commission is one-half of one-month rent of the residential property.

However, if its commercial property, an amount equal to one- month's rent is the commission of the agent.

[serhatkhan (khan007)]

Thanks Mr. Khan…