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Romania – Finding Property to Buy

Popular Estate Agencies

-Coldwell Banker Romania: One of the largest and most well-known real estate agencies in Romania, Coldwell Banker Romania provides a wide range of services, including property sales, rentals, and property management. They have a strong presence in Bucharest, as well as other major cities in Romania.
-Imobiliare.ro: Imobiliare.ro is one of the most popular online real estate platforms in Romania. It allows users to search for properties for sale and rent, and also provides a variety of tools and resources for buyers and sellers.
-Century 21 Romania: Century 21 Romania is a franchise of the international real estate agency Century 21. They offer a wide range of services, including property sales and rentals, as well as property management and investment advice.

Qualifications and Licenses for estate agents in Romania

-Estate agents in Romania are required to hold a real estate license, which is issued by the National Agency for Fiscal Administration (ANAF).
-To obtain a license, individuals must pass a real estate exam and also have a minimum of 3 years of experience in the real estate industry.

Breakdown of Estate Agent Fees in Romania

-In Romania, estate agents typically charge a commission based on the sale price of the property.
-The commission rate is usually between 3-5% of the sale price, with the seller typically paying the commission.
-It’s important to note that commission rates can vary depending on the agency and the specific property. It is a good idea to shop around and compare fees before choosing an estate agent.

Other places to find property for sale in Romania

-Online property websites such as Imobiliare.ro, OLX Romania, and Anuntul Telefonic
-Newspapers and magazines such as Ziarul Financiar, Romania Libera, and Capital
-Expat websites such as Expat Romania and Romania Insider
-Word of mouth through friends and family

Use of a Buyer’s Agent in Romania

-The Use of a Buyer’s Agent is not very common in Romania.
-A buyer’s agent would typically charge a fee for their services, which would be separate from any commission paid to the seller’s agent.
-A qualification or license is not required to be a buyer’s agent in Romania.

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Organisations for Foreign Property Buyers in Romania

-Romania Insider (website: https://www.romania-insider.com/) offers information, advice, and support for foreign property buyers in Romania.
-Expat Romania (website: https://www.expat.com/en/guide/europe/romania/) is a website that provides resources and information for expats living in Romania, including information on buying property.

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