There is no Multiple Listing Service (MLS) in Paris. With over 3,500 agencies in Paris alone, finding a property is a difficult task for resident or non-resident buyers. A comprehensive property search requires visiting scores of agencies, scanning websites, and pursuing numerous listings in each individual neighborhood. What’s more, about 40% of the properties in Paris are sold directly by the owner. Visiting those properties is yet another challenge.
Paris Property Group’s approach is comprehensive. Working one on one with a search consultant, you access all the best properties on the market, and are assisted with the evaluation, selection, and negotiation. Listing agents represent the seller and do not have an incentive to look after your interests. That is where we can really be of value to you, saving you not only time, but money.
After we’ve found your perfect place, we manage the entire process through to closing. We oversee the signing of the preliminary purchase agreement, then we help you find all the resources you need — mortgage lenders, banks, renovation and decorating experts, legal and tax advice. After the purchase is complete, we set up your utilities, telephone, building management communications and homeowners insurance, all to ensure your smooth transition from property buyer to property owner.
Another important factor to consider: Paris Property group is a licensed real estate agency, unlike many supposed property search agents in Paris,. We carry the requisite insurances and real estate licenses to protect your interests. From an investment perspective, unlicensed “search consultants” fees cannot be included in the purchase agreement, and ultimately are not included in your capital gains basis when you sell the property. Most importantly, when you work with an unlicensed agent, you are not protected by the French real estate laws and regulations that protect you against their errors, missteps or misrepresentations. Your investment is an important one. Don’t trust it to just anyone.
Property search service is a professional activity governed by French law regulating real estate sales. Paris Property Group is fully licensed, bonded, and insured, in accordance with the law.