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Legal fees

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  • 14-02-2019 1:04pm
    #1
    rightmove
    Registered Users Posts: 993 ✭✭✭


    Are legal fees the same for buying as for selling? For a basic run of the mill situation.


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    #2
    punisher5112
    Registered Users Posts: 24,647 ✭✭✭✭punisher5112


    rightmove wrote: »
    Are legal fees the same for buying as for selling? For a basic run of the mill situation.

    Shop around.

    I tried a number and fees were from €900 to €2k

    I went with propertysolicitors.ie


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    #3
    rightmove
    Registered Users Posts: 993 ✭✭✭rightmove


    punisher5112 wrote: »
    Shop around.

    I tried a number and fees were from €900 to €2k

    I went with propertysolicitors.ie

    My query is more around the difference between the fees for buying a house versus selling. Do solicitors charge less to sell them to buy as the workload may be less


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    #4
    JustMe,K
    Registered Users Posts: 610 ✭✭✭JustMe,K


    Yes, there is. Selling is generally cheaper, but it depends on the property.

    There are a lot of other fees on top of the professional fee to factor in too.


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    #5
    punisher5112
    Registered Users Posts: 24,647 ✭✭✭✭punisher5112


    rightmove wrote: »
    My query is more around the difference between the fees for buying a house versus selling. Do solicitors charge less to sell them to buy as the workload may be less

    Still the same in a way from my answer, you need to shop around, then you have estate agents, other fees so shopping around is recommended.


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    #6
    rightmove
    Registered Users Posts: 993 ✭✭✭rightmove


    punisher5112 wrote: »
    Still the same in a way from my answer, you need to shop around, then you have estate agents, other fees so shopping around is recommended.

    Ok so legal fees are generally less when selling a gaff rather then buying.

    What would the avg % be for an estate agent. I have a guy that was looking after the gaff when rented and would like to give it to him unless I am being naive .


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    #7
    punisher5112
    Registered Users Posts: 24,647 ✭✭✭✭punisher5112


    rightmove wrote: »
    Ok so legal fees are generally less when selling a gaff rather then buying.

    What would the avg % be for an estate agent. I have a guy that was looking after the gaff when rented and would like to give it to him unless I am being naive .

    I've hear anywhere from 1% of sale upwards.


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    #8
    rightmove
    Registered Users Posts: 993 ✭✭✭rightmove


    punisher5112 wrote: »
    I've hear anywhere from 1% of sale upwards.

    Thanks from old posts it seems from 1 to 2 percent


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    #9
    tricky D
    Closed Accounts Posts: 9,700 ✭✭✭tricky D


    There's more checking, rechecking and diligence type stuff to get done for the purchaser than the vendor who already has done much of it previously.


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    #10
    JustMe,K
    Registered Users Posts: 610 ✭✭✭JustMe,K


    Agent fees depends on the agent and the value of the property.

    Some charge a lower percentage but look for out of pocket expenses in advance. Shop around, get quotes - the cheapest isn't necessarily the best. I would personally look at who is completing sales on similar properties in the area and go from there. Property price register is your friend in figuring that out!


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    #11
    Victor
    Registered Users Posts: 78,299 ✭✭✭✭Victor


    Note that the buyer will have to pay legal expense that a seller won't have to.


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