The real estate market in Ibiza is competitive. It’s oversaturated. Too many agents, not enough properties, too much demand – whether you’re buying or selling, the process can be overwhelming to say the least. Some may say, it’s time for a shake-up!
Meet René Heinz and Philip Gould of GHL Ibiza and Rupert Lister of White Walls Ibiza. Three of the most experienced, knowledgeable and trusted agents on the island, they are also the faces behind White Ibiza Real Estate and are now pioneering a new sales model that allows homeowners to list their villas on the market Ibiza with zero percent selling fees.
Zero seller’s fees? Yes, you read right. At the moment, sellers are usually charged around five or six percent commission when they list their homes with an agency. This fee is listed on top of the property’s asking price, so when a buyer pays on completion of a sale, the agency deducts their commission – a fee which is often shared between multiple collaborators. It’s a standard practice in Ibiza, however around the UK and in other savvy property markets, it’s quickly becoming outdated.
So how does this innovative new real estate model work? It’s quite simple. List your home exclusively with us and you instantly receive the benefit of having our team of agents on your side. With one sole agent listing and showing your property, you’ll encounter less time wasting than with multiple agents and find the right buyer fast. And of course, most importantly, you won’t pay any commission on the sale.
At this point, you might be wondering what this all means for the buyer. Especially if you’ve got buying on your mind! The much fairer real estate model sees buyers pay only three percent commission on their new home (on completion of the sale), which equates to a saving of two to three percent of the asking price. The seller receives their asking price, and while the agency receives a lower commission, they don’t need to split it with collaborators so it’s a win/win situation for one and all.
Want to know more? Get in touch at the link below to get the low-down from the team. There’s never been a better time than right now to list your home on the market in Ibiza – demand is high and we’ve got buyers with budgets of up to 25 million euros looking to make the move to the white isle, pronto. It’s time to shake things up!