Selling House Through Lawyer

Yachtmaster

Member
Jul 2, 2007
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www.genesisbvi.com
Good day, if selling a house in Santo Domingo using a lawyer to handle the sale between the buyer and seller and not a real estate broker what would be an appropriate commission to pay the lawyer's fees....?
 

drstock

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Oct 29, 2010
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Do you have a buyer ready to go? Otherwise I would guess that the lawyer would sell it to a friend for a very low price and the two of them would split the profit. Agents generally charge around 10% (although I got mine to do it for 5% for an exclusive agency). I would think the lawyer would charge the same.

For just handling the sale, my lawyer is charging me 1% + ITBIS.
 

Yachtmaster

Member
Jul 2, 2007
296
20
18
www.genesisbvi.com
Do you have a buyer ready to go? Otherwise I would guess that the lawyer would sell it to a friend for a very low price and the two of them would split the profit. Agents generally charge around 10% (although I got mine to do it for 5% for an exclusive agency). I would think the lawyer would charge the same.

For just handling the sale, my lawyer is charging me 1% + ITBIS.
Yes we have a potential buyer and the house was valued by an appraiser which we are using as the sale price...
 
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