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Old 27th August 2010, 15:39   #1 (permalink)
Bunny4jeff
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Smile How to sell without estate agents?

If anyone has experience of selling their property privately, without using estate agents or avukat/lawyers, we would love to hear how you did it, what we and the purchasers need to do to get the Tapu changed over, etc. Or if you just know what is required to sell the property privately, thus avoiding commissionfor both parties. If a lawyer is required, then we'll do that, just want to know whats involved. We are having to selling our lovely villa in Calis/Gunlukbasi.
Thanks for any advice :-)
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Old 27th August 2010, 15:42   #2 (permalink)
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Re: How to sell without estate agents?

We sold ours privately. Friends at a hotel advertised it for us (same people who advised us when we bought). Fortunately for us the buyer was a Turkish guy who lives in England. We did not use a lawyer but had to go to the notary (can't remember why) and also had to use a translator at the Tapu office. We shared the fee at the tapu office.
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Old 27th August 2010, 15:49   #3 (permalink)
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Smile Re: How to sell without estate agents?

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Originally Posted by Harem View Post
We sold ours privately. Friends at a hotel advertised it for us (same people who advised us when we bought). Fortunately for us the buyer was a Turkish guy who lives in England. We did not use a lawyer but had to go to the notary (can't remember why) and also had to use a translator at the Tapu office. We shared the fee at the tapu office.
Thanks so much, Harem, that is very useful! It might be easier to sell in this day and age, if commission can be avoided :-). I expect the notary will be to do the translations. We know someone who can help with that.
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Old 27th August 2010, 16:46   #4 (permalink)
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Re: How to sell without estate agents?

We completed the sale of our Villa yesterday. We did not have a contract (but did insist on 10% non-refundable deposit) we did not use notary or an estate agent.

Most agents will take resale on their books at varying commission prices! Our experience is they are more interested in NEW sales as its a bigger return for them but thats to be expected they are in business after all.

Some will use your place simply as a hook to get people interested in the property's they actually want to push!

You will need someone who knows how and where to apply for the Military Search and knows the ropes and the inner workings of the Beledyre. We have a Turkish friend who did this for us and at a fraction of the cost an Emlak would have charged!

Paying the taxes is a doddle (pay direct to bank!!) tax due is 3.4% of the valuation price (this is decided by the Tapu office) we split this 50/50 with our buyer.

A translator is required and cost us 70 TL. Changing water & electricity into new owners names is very easy and the cost for name change on a resale were 118 TL for Water and 95 TL for electricity.

The new owner has to register the property at the Beledyre for council tax (cant have water in their name until they do) also a very simple process even we could understand!

Have plenty of photocopies of every document i.e Tapu , Passport, Tax Number and photgraphs ( sellers need one as well) One other thing which is NEW to us. The new owner had to register at the police station here in Altinkum as being at that address. Something to do with residency? From what they told us it means that when you apply for residency in Aydin they will not in future come a knocking at your door to check you out, as your details will already be at the local police station! Hmmmmm!!!

I should add that this is all very well if you live here and can arrange both parties to be at the right place at the right time! we had an aprroximate date for the Mil Search to come back ( taking less than three months now in most cases) and we were on very good terms with our buyer who came out a few weeks prior and we allowed him to move int the villa till we exchanged. So the upshot being a private sale under the right conditons is great but if your not living here it may be easier to use an Estate Agent!
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Old 28th August 2010, 12:04   #5 (permalink)
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Smile Re: How to sell without estate agents?

Thank you Lillylilly, your infi is very helpful. We do live here, in Gunlukbasi, and we know some Turkish people who will probably help us with the officialdom. When we bought here 3 years ago, we had to register with the local police, so that part is done. It sounds simple enough, its just having someone to help who knows the ropes, like you say, and both parties being able to be in one place at the same time.
Congrats on selling your villa :-) We have no buyer yet, but let's hope.
Many thanks!
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Old 28th August 2010, 14:10   #6 (permalink)
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Re: How to sell without estate agents?

Just helped my wife's uncle buy a place direct from a Turkish seller. Straight forward process once a price is agreed.
Go to the Notary and make a sale agreement. This acts like a charge against the Title Deed during military clearance checks if you are a foreign buyer. Basically it stops the vendor selling the property to someone else put this is OPTIONAL.
The seller and buyer then go to the TAPU office to inform them of the sale (with or without the notary agreement) Inform them of the "official" sale price and if it is deemed to be reasonable they will give you an invoice to pay the sales tax and apply to the military for clearance. To do this they need a translated copy of the buyers passport from the local notary (If the buyer is foreign) & photos etc. They also require the real estate mapping documents. (Our TAPU office gave us a list of required documents and recommended someone who could do the mapping)
The TAPU office will give you a tracking number so you can check the progress of your military clearance.
Once military clearance has come back, pay the sales tax at the tax office and take the receipt to the TAPU office along with the seller, a translator and two witnesses.
The transfer will then take place and a new title deed will be issued in the buyers name.
You can then transfer the utilities but the new owner will require earthquake insurance (DASK) and an Habitation Certificate. If the new buyer is foreign and is already resident in Turkey, but from a different municipality, they will also have to get permission from the local Muchta in order to change their address in their residency permit book and vehicle Rhusats.
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Old 28th August 2010, 16:08   #7 (permalink)
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Re: How to sell without estate agents?

It was the Buyer who had to register with the police!
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