Popular Estate Agencies
- Al Rajhi Real Estate: Founded in 1977, Al Rajhi Real Estate is one of the oldest and largest real estate companies in Jordan. They offer a wide range of services, including residential and commercial sales, leasing, and property management.
- Amman Properites: This company offers comprehensive real estate services for both local and foreign clients, including residential and commercial sales, leasing, and property management.
- Al-Hussein Real Estate: This is a well-established real estate company that provides services for residential and commercial properties, including sales, leasing, and property management.
Qualifications and Licences in Jordan
In Jordan, estate agents must hold a real estate license from the Ministry of Tourism and Antiquities. They must also pass a real estate examination and have a minimum of two years of experience in the field. In addition, estate agents must be able to speak both Arabic and English fluently.
Breakdown Estate Agent Fees in Jordan
Estate agent fees in Jordan vary depending on the company and the services they provide. Typically, estate agents charge a commission based on the sale price of the property. This commission can range from 2-5% of the sale price. For example, if an estate agent sells a property for JD 100,000, their commission would be JD 2,000-5,000.
Other Ways Finding Property for Sale in Jordan
In addition to estate agents, there are several other sources for finding property for sale in Jordan, including:
- Property websites: Propertyfinder.jo and Zameen.com are popular property websites in Jordan where you can find a wide range of properties for sale.
- Expat websites: Expat.com and InterNations are popular expat websites that have information about real estate in Jordan, including listings of properties for sale.
- Newspapers: The Jordan Times and Al-Ghad are popular newspapers that publish real estate listings.
- Magazines: Cityscape and Jordan Homes are popular magazines that feature real estate listings and articles about the real estate market in Jordan.
The Use of a Buyer’s Agent
The Use of a Buyer’s Agent is not very common in Jordan, but it is becoming more popular as more foreign buyers enter the market. Buyer’s agents typically charge a fee based on a percentage of the purchase price, usually 1-2%. In order to work as a buyer’s agent in Jordan, a real estate license from the Ministry of Tourism and Antiquities is required.
Organizations for Foreign Property Buyers in Jordan
There are currently no organizations specifically for foreign property buyers in Jordan, but there are several organizations that offer information and assistance to foreign buyers, including the Jordan Association of Real Estate Brokers and the American Chamber of Commerce in Jordan. The contact information for these organizations can be found on their websites.