I have purchased a house with deal of 50 lac and i had not discussed property dealer fees as i had in mind that it would be 1% but today that property dealer is asking me to give 2% so i want to confirm what is actual fees in % of a property dealer in rawalpindi ?
1% is his right if he has given you fair deal.not more than this.
Thanks and do you have an official/legal notification or any source so i can give him proof ?
First of all most of the dealers in Pakistan are not legal entity per se. They are not registered with respective government authorities and obviously conduct business in more informal way. So the commission being legal or illegal is ......
Well if the deal has taken place face to face with seller and the dealer is acting as middle men, both parties got to pay 1% unless any thing else has been agreed before. This is what Saadi meant by fair deal :) Anything else the commission is icing on the cake for dealer:)
Dear Naveed,
Agree with SAADI 1% Dha,Bahria,Multi or Gulberg but 2% also there some areas of Rawalpindi because i purchased one commercial plot at Chakri road and i paid 2%commission to dealer and i conformed to many dealers of that area.
Regards
Okay it seems i should convenience him around 1.5% at least with good manners to avoid any thing wrong. There is no proper system here, every one is doing at his best to get more beneficiary..
Go NAWAZ Go :)
Sir prevailing market rate in most of the areas is 1%…Ask him to take 1% only…
Okay i will strict to give him 1% only. Thanks for your time.