Notaires in Basse-Normandie have begun selling properties online, as the region becomes the latest in France to join a new digital initiative. The Vente Notariale Interactive aims to boost sales by making it easier for buyers and sellers to negotiate prices in real time. It is well suited to homes that are likely to attract strong interest.
The scheme offers improved transparency, as all the property’s diagnostic reports and cadastral plans are published with the advert. After viewings, a period of a few days is set by the notaire when anyone interested in bidding can contact the seller and exchange offers.
Notaires in Basse-Normandie organised a special week-long campaign in mid-November to explain the concept to potential buyers and sellers, and they say the concept is proving popular.
Pascal Gueugnon, the Basse-Normandie regional delegate at the Institut Notarial de l’Immobilier, said: “Online sales allow the seller to receive offers in real-time on a secure platform and make negotiate a price based on the level of demand.
“It offers better transparency. Potential buyers can see what other people are offering and adjust their offers accordingly. The transaction is concluded afterwards, in the ordinary way, with the signature of a compromis de vente.
“The buyer benefits from the same legal protection as a traditional sale, including a seven-day cooling-off period (délai de rétraction) from the date of signing.”
See www.immobilier.notaires.fr
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