Real Estate News: How to secure your tipster commission!
Find out everything about the tipster commission in the real estate industry: amount, conditions and legal aspects.
Real Estate News: How to secure your tipster commission!
Real estate sellers in Germany are currently faced with the challenge of marketing their properties effectively and finding buyers. One way to achieve this is to involve tipsters who refer sellers to brokers or real estate companies. Living happiness reported that those interested in real estate who act as tipsters can receive a commission provided they meet the relevant conditions.
The tipster commission is an attractive model for private agents. However, in order to receive this commission, the property must meet certain criteria. For example, the property may not be up for compulsory auction. It is also essential that the transfer of the seller's contact details must be agreed upon in advance. The seller himself must not act as a tipper, and the property must not have already been offered to the real estate company.
Commission amount and examples
The amount of the tipster commission varies depending on the real estate company or broker and is often between 10% and 20% of the broker commission actually paid. An example makes this clear: With a sales price of 400,000 euros and a commission of 3% (plus VAT), the tipster would receive a net amount of 1,200 euros, which corresponds to 10% of the broker's commission. This regulation enables private tipsters to benefit financially from successful placements.
- Die Immobilie darf nicht zur Zwangsversteigerung stehen.
- Die Weitergabe der Kontaktdaten muss mit dem Verkäufer abgestimmt sein.
- Der Verkäufer darf nicht selbst als Tippgeber fungieren.
- Das Objekt darf nicht bereits der Immobilienfirma angeboten worden sein.
However, it is important that tipsters ensure that the acquisition is done legally and that no anti-competitive methods are used. The owner must also agree to the forwarding of his data in order to ensure transparent tip submission. Private tipsters are also required to keep an eye on tax liability; The commission is considered other income and must be taxed if the exemption amount of 256 euros per year is exceeded.
Risks and contractual aspects
It is also interesting that if the property is not sold, payment of the tipster commission remains disputed. This depends heavily on the contract that the tipster has concluded with the broker. Therefore, all conditions affecting the commission should be clearly regulated in advance to avoid later conflicts. Immonovia highlights that compliance with these framework conditions is crucial for successful cooperation.
In summary, the tipster commission model has both opportunities and risks. Sellers and tipsters must comply with the necessary conditions to benefit from this new approach to real estate brokerage.