Generally, when purchasing a real estate in Japan for your residential purpose, the following costs are needed additionally to the property price.
– Brokerage fee
– Acquisition tax
– Registration tax
– Judicial scrivener fee
– Fixed asset and city tax
– Title registration fee (only for newly built house)
– Fire and earthquake insurance
– Inspection fee (when implemented)
– Bank loan fees and guarantee fees
– Stamp fees etc.
Among those costs, Brokerage fee occupies the largest part of the total costs, which is calculated under the Japanese real estate law as maximum 3% of the property price + 60,000 yen + consumption tax.
For example, if the price of property is 50mil JPY, the brokerage fee at typical agent will be maximum 1,716,000 JPY.
But if you choose REDS, the brokerage fee will be discounted for any residential purpose property up to free, and you will save at least 858,000 JPY for this property.
Furthermore, REDS residential expert will assist you all in the English language at no additional cost.
If you are interested, please contact to the following e-mail address.
【REDS】Real Estate Distribution System (REDS) Japan
Hiroki Kano (Mr.)