Commissions and fees

Brokerage commission on sales

Sales commissions are earned when the purchase contract is signed, and payable when the purchase price is transfered to the seller. Our brokerage commission is:

• 3% of the sales price achieved plus VAT. Usually paid by the seller.

Brokerage commission on residential rentals

Rental commissions are earned when a rental contract is signed. The commission plus the VAT is payable upon signing the lease or in the Landlord’s case, upon receipt of the first payment of rent and/or the security deposit. Our brokerage commissions are:

• Long term – 12 months or longer: Fees are paid by both the property owner and the rental client. The fee for each side is the equivalent of one (1) month rent.
• Short term – less than 12 months: Fees are paid by both the property owner and by the rental client. The fee for each side is 15% of the total value of the lease contract for the specified rental period but not to exceed the equivalent of one month rent.

Brokerage commission on commercial lettings

Commissions on commercial lettings are earned when a lease contract is signed. The commission plus the VAT is payable upon signing the lease and upon receipt of the first payment of rent and/or the security deposit. Our brokerage commissions are:

• Office, retail and storage space - 13 % of the overall fee for the first year of rent if the monthly rent is more than 60,000 CZK and 15 % of the overall fee for the first year of rent if the monthly rent is no more than 60,000 CZK. Fees are paid by the property owner.

Property Management:

Management of individual unit (i.e. apartment, house, office, retail) for property owners:

• 500 CZK/month fixed plus VAT
• 8% of the rent monthly plus VAT if rented (standard brokerage commission is included)

Management of buildings for property owners and building owners’ associations:

• Customized packages - fees for building management are determined on a case by case basis depending on the requirements of the property owner and the size and condition of the property. Our fee for the basic management is CZK 8 to CZK 12 plus VAT per square meter. Svoboda & Williams provides the full complement of management services. We look forward to meeting with you and discussing the best management plan for your property or properties.