Thursday, July 14, 2011

Relocation 66 - relocation service in Pyrénées Orientales (66)

One of the services we offer to clients is Relocation 66, designed to help ex-patriates and others moving to the Pyrénées-Orientales (66) region to work, and needing to find a suitable home on a short term or more permanent basis. Areas covered include of course Perpignan the department capital, as well as its neighbouring suburbs and attractive coastal towns, most of them less than 25 minutes drive to the city centre.

The service includes initial search for suitable properties for sale or rental, advising on the area, drawing up a short list, accompanying clients on visits with estate agents, and advising on all the formalities of acquisition and moving-in - in short everything from installing a telephone and internet to advising on local shopping.

Our fees are designed either as an all-in package from initial search to completion or can be paid on an hourly, daily or half-daily basis as you wish. We are totally bi-lingual English and French, with ten years experience in the region and the French property business. Contact Peter-Danton de Rouffignac, a former negotiator with one of the area's largest independent estate agencies,  on + 33 (0)4 68 81 16 07 any time.

Parmi les services que nous proposons à nos clients s'appelle 'Relocation 66' qui aide les français et les expatriés à s'installer dans la région, à Perpignan et dans ses environs. Cette service est tout à fait compéhensive - recherche des maisons et appartements à vendre et à louer, accompagnement pendant les visites, assistance avec toutes les formalités administratives pour vous aider vous installer en tout confort.
Je suis anglais mais parle couramment français et j'ai 10 années d'expérience dans la région et dans le métier (inclus 2 ans comme négociateur dans une des plus grandes agences de la région).

Nos tarifs peuvent etre taillés à vos besoins - un 'paquet à prix fixe, ou par jour, par mi-jour ou à l'heure. Veillez me contactet à 04 68 81 16 07 sans obligation et en toute confiance.


Monday, July 4, 2011

French Property News, July 2011

In this month's French Property News I have brought readers up to date about Ian and Lori Sutton's search for a property in France and their plans to creat an organic olive grove. Now the owners of a house and a three-hectare piece of land, Lori has to start the process of improving her French and finding her way round the inevitable bureaucracy in order to achieve her dream.

French Property News July 2011.

The delicate art of price negotiation

At some stage in the process of buying a French property, there comes a time when vendor and purchaser must agree on a price, which may be below that advertised. It can be a difficult moment and writing in the English Daily Telegraph property specialist Christopher Middleton has described the process of buying and selling as 'a war, both psychological and financial. We don't so much purchase a house, so much as prise it out of the hands of the people who own it. We don't so much as sell a house, as surrender it to invaders. And right up to the last minute, the deal can be sabotaged by an act of panic or greed on either side'.

Middleton was writing mainly about the British market, but here in France I have witnessed acrimonious exchanges between vendor and purchaser, largely because neither has mastered the delicate art of price negotiation. And the occasional collapse of a deal for want of a little leeway, when neither side would concede over a matter of two or three thousand euros on a property typically costing a hundred times that sum.

Principal errors on the buyer's side include:

- assuming that property prices in France have dropped dramatically everywhere. They have not and in most areas they are going up.

- assuming there is a magic figure - 5%, 10%, 15% - that the vendor has tacked onto the asking price in order to enable hm to drop the price in negotiation.

- assuming that because a property you like is beyond your budget the owner will reduce the price in order to help you fulfill your dreams.

- you want to add a fourth bedroom or a swimming pool on the back lawn, assuming the owner will help finance these for you by reducing the price.

- making a verbal offer during your first visit; this puts the owner on the spot and your offer is likely to be refused. Difficult then to repeat the same offer this time in writing (the correct procedure, allowing both sides time for reflection).

Common errors on the vendor's side include:

- pricing the property not on its market value but on the amount he wants to receive to pay off his debts or finance his next project.

- not emphasising the property's hidden plusses - a quiet location, ready-to-move-into condition, scope for alteration or expansion, garde or terrace not overlooked and/or with plesant views.

- in a co-ownership building, such as an apartment block, not listing works recently completed (outside painting, interior decor, new lift etc) and paid for by the vendor, which the new owner will enjoy for many years to come.

- announcing in advertising that he is 'open to offers' - a clear sign of incorrect valuation and desperation.

- turning down a verbal offer immediately. Better to ask the vendor to submit a written offer for consideration, preferably through his agent.

Prior research by both the vendor (state of the market, prices of similar local properties) and the buyer (the same but including a maximum budget not to be exceeded) will help ensure that both parties enter into negotiations armed with accurate information to back up their offers and counter offers. An unemotional, business-like approach can go a long awy to reduce the stress of buying and selling French property.

Source: Christopher Middleton, Daily Telegraph,  02 July 2011 See also "101 Things an estate agent should tell you" Greene & Co.