Many sellers focus on the proceeds but forget the costs. EPC, soil certificate, agent commission and mortgage cancellation: it adds up. Here is what to expect.
Regardless of whether you use an agent, there are fixed costs: EPC certificate, soil certificate, electrical inspection report and in Flanders an asbestos certificate for homes built before 2001.
Also budget for smaller items like urban planning information requests and possibly an energy audit if your property has a poor label.
If you choose an agent, expect 2% to 3% commission on the sale price (excl. VAT). Some agencies work with a fixed fee. Photography, online listing and viewings are usually included.
Selling privately saves that commission but means you handle marketing, viewings and legal preparation yourself.
Your net proceeds = sale price minus all costs and any outstanding mortgage. Start with a home estimate to know where you stand.
The purchase deed costs are for the buyer. As a seller you do pay the costs for any mortgage cancellation (mortgage release).
In some cases yes, but it depends on your tax situation. Consult your tax adviser for specific advice on capital gains and deductible costs.
Mortgage release costs typically range from a few hundred to about one thousand euros, depending on the outstanding amount and notary costs.
Yes. The commission is a service and subject to 21% VAT. This VAT is not recoverable as a private individual.
Pandwijzer gives an indicative overview. Exact costs depend on your situation, agent and municipality. This is not legal or tax advice.