What is the normal property brokerage in Nagercoil?

There is no single government-fixed rate. Published Indian and Tamil Nadu market examples commonly mention percentage-based fees around 1% to 2% of the completed sale value for each paying party, but the actual rate, payer, services and payment trigger are negotiable and should be recorded in writing before property details are shared.

Do both buyer and seller pay the broker?

Sometimes, but not automatically. One party may pay, both may pay separately, or a promoter may compensate the agent. Each party should receive written disclosure of who the agent represents and every fee or incentive the agent may receive.

When should brokerage be paid?

The parties should agree on the trigger in writing. For a sale, a safer arrangement links payment to a clearly defined completed event such as execution or registration, with treatment of cancellation, title failure and refund stated in advance.

Property Brokerage in Nagercoil and Kanyakumari

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