
Guide: selling your property
Greater Geneva & Pays de Gex
Valuation & signature of the mandate
Before any sale, it is necessary to have your property valued to set the sale price. It is determined on the basis of similar properties sold in the area. This estimate leads to the signing of the sales mandate, which is a contract that authorises the real estate agency to sell the property.
The owner can choose an exclusive mandate or a simple mandate : the latter allows the owner to entrust his property to several agencies, unlike the exclusive mandate which assumes that the property will be given exclusively to an agency. Granting exclusivity to an agency allows you to have a single interlocutor who will be able to enhance the property and quickly find candidates for purchase.
To put his property up for sale, an owner must provide various diagnoses to the potential buyer, some of which are mandatory. They inform the latter of the condition of the property (energy consumption, state of natural and technological risks, etc.). Most of these diagnoses must be carried out by a certified diagnostic professional.


Signing the preliminary contract
It means that the owner commits to the potential buyer to sell him his property, thus giving him exclusivity for a defined time. In return, the potential buyer pays 10% of the sale amount, which will be deducted from the final sale price if it takes place. Otherwise, the owner will keep this amount as a sign of compensation.
Both parties agree to close the sale. If one renounces it, the other can force it by justice. The signing of the preliminary agreement is accompanied by the payment of a sum of 5% to 10% of the sale price by the future buyer, as a security deposit.

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