Author: The ESREA France Team

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What is a mandat Semi Exclusif in France?

In general we have seen 3 different types of French real estate Mandats (agreements between owners and real estate agencies).

The most commonly used are the mandat simple and the mandat exclusif.

On occasion you will hear of a mandat semi-exclusif. So in response to a readers question we asked what is a ‘mandat semi-exclusif” in in French real estate?

In the sale of a French property the owner can give the right to one agency to market the property on their behalf and as part of this agreement they also maintain the right to sell the property themselves. This is what is called a mandate ‘semi-exclusif’.

Note: we are not French lawyers or notaries so we recommend you seek direct legal advice before you sign an agreement with a real estate agency. You need to make sure you fully understand what you are signing. The details are important and we cannot explain them here.

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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InfoGraphic January 2014 Slight Increase in French Real Estate Prices

According to a new infographic posted on PAP.fr there has been a slight increase in the sale prices of French real estate property in the month of January 2014.

Warning: these statistics are only based on a pool of property information of 10 586 transactions registered in 8 agglomerations in France: namely, Paris, Marseille-Aix-en-Province, Lyon, Lille, Nice Cote d’Azur, Toulouse, Bordeaux and Nantes and it represents.

Information will vary by area and needs to be locally confirmed by a real estate professional where possible.

The price for houses based on this resource in January 2014 went up 0.6 percent and the price for French apartments went up by 0.45 percent.

The taux de negotiation for apartments was 4.73 percent and for houses was 5.19 percent.

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See the source article in French here

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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What is the taux de negociation in French real estate?

When you see in the French real estate news a reference to the taux de négociation, this is a reference to the difference between the price a property was advertised at and the final transaction price of a French real estate property when an agreement is made between a buyer and seller.

The ‘taux de negociation’ is expressed as a percentage.

Note one: the ‘taux de negociation’ is never meant to exactly indicate that when a property is priced at ‘x’ it will sell for ‘x’ minus the ‘taux de negociation’ it just helps indicated that there is room for negotiation in the sale price of a French property. The ‘taux de negociation’ will vary by area in France.

Note two: the properties that typically sell are the properties that are on the market at a price that attracts attention of buyers so the ‘taux de negociation’ indicates often times the final advertised price before an offer was received and accepted. It does not show that the property may have originally entered the market at a much higher price.

Speak with an English speaking French notary to learn more about ‘taux de negociation’

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Video: QB Move Small House Moving Walls Big Space

As a follow up to yesterday’s amazing Micro Home we introduce the QB Move also designed by Dr Mike Page of the University of Hertfordshire.

This QB move features private sleeping quarters, shower room, sink toilet, full kitchen, complete living room, storage space AND MOVING WALLS that make it possible for you tom make the kitchen bigger!

Watch the short video below for the quick tour of this remarkable liveable home, will we see this someday in France?

Below you can get your free introduction ebook about French real estate mistakes to avoid

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Request below via the sign up form. Just scroll down, add your email and click Subscribe

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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Video: QB2 Eco Friendly Micro Houses for Sale for 13 000 Euros, honestly

Dr Mike Page of the University of Hertfordshire has designed a low energy micro home that we have never seen in France.

This home features sleeping space for two people, a full shower room, full kitchen, complete living room, storage space and a high efficiency heating and cooling system.

Called the QB2, watch the short video below for the quick tour of this remarkable liveable home, will we see this someday in France?

After the video see more pictures and details here

Below you can get your free introduction ebook about French real estate mistakes to avoid

Get your FREE copy today

Request below via the sign up form. Just scroll down, add your email and click Subscribe

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Videos/Free eGuide 10 Mistakes Made by French Property Buyers and Sellers

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

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