Reply To: Abusive Agent’s Commissions

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Anonymous
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@Suprised wrote:

Call yourself lawyers and agents? the commission is nearer 7.5%

property 350000 @ 7.5% = 26250
IVA (VAT) @ 17% = 4462

TOTAL 30712 (280 less than 31000)

Guys remember to take your calculator when you go to see your lawyer ❗

I havent heard of a 17% VAT … you surely mean 16% VAT ? We understood that Surprised from the onstart. It’s something else thats bugs me. Numbers don’t add up.

A 7.5% commission is almost the market standard in the CDS for any major REA.

What I fail to undertstand is why did the client only receive 219k if it sold off for 350k ??!! Am I missing a jigsaw piece ?

219 + 31 = 250.

350-250= 100k missing or what ? Shouldn’t the client receive 319k ? Or did Jose misspell a “2” for a “3” in the 219k he mentions …