0% COMMISSION FOR THE BUYER

Selected ILS offers with professional real estate brokerage services at no commission cost to the Buyer

ILS POLAND GROUP offers selected properties under a special “0% Commission for the Buyer” model.

For offers marked with the 0% commission symbol, the Buyer may enter into a brokerage agreement with ILS and benefit from professional services within the scope specified in the agreement, without bearing the cost of ILS remuneration.

This is possible when, on the basis of separate arrangements and an agreement concluded with ILS, the remuneration related to the transaction is paid by the Seller, developer or another entity offering the property.

As a result, the Buyer receives professional ILS services without an additional commission cost on their side.

What does 0% commission for the Buyer mean?

In the case of a property covered by the promotion:

• the Buyer does not pay ILS any commission or other remuneration for the brokerage service covered by the promotion,
• the Buyer may enter into a brokerage agreement with ILS specifying the scope of services provided to the Buyer,
• ILS manages and coordinates the transaction process within the scope resulting from the concluded agreement and the nature of the particular property,
• ILS remuneration is paid by the Seller, developer or another entity in accordance with the agreed cooperation model.

What may ILS services include?

Depending on the type of property, the country and the nature of the transaction, the services may include, among other things:

• presentation of the property and provision of information concerning the offer,
• coordination of contact with the Seller or developer,
• organisation of the property reservation process,
• coordination of documentation related to the transaction,
• cooperation with a notary, lawyer, developer and other entities involved in the transaction,
• organisation and coordination of the purchase process in person,
• where possible – organisation of a remote purchase process on the basis of an appropriate power of attorney,
• guiding the Client through the successive stages of the process until completion of the transaction.

The detailed scope of services always results from the concluded agreement and the specific nature of the particular property and transaction.

The promotion applies only to selected offers

The designation “0% Commission for the Buyer” is not a standard rule applicable to all properties offered by ILS POLAND GROUP.

The promotion applies exclusively to offers clearly marked with the “0% Commission for the Buyer” symbol.

The possibility of applying this model depends primarily on the terms of cooperation agreed between ILS and the Seller, developer or another entity offering the property.

This means that for one property the Buyer may receive professional ILS services without bearing the cost of our remuneration, while for another offer the standard ILS remuneration rules may apply.

What if an offer is not covered by the 0% promotion?

The Buyer is not required to use paid ILS brokerage services merely because a particular property is included in our portfolio.

If the nature of the particular transaction and the terms of cooperation with the Seller allow it, the Buyer may decide to manage their side of the transaction independently.

In such a case, the Buyer may:

• independently analyse the property and documentation,
• use the assistance of their own lawyer,
• use the services of their own real estate broker or adviser,
• independently organise the activities and formalities related to the purchase.

In such a case, the Buyer does not pay ILS remuneration, but ILS does not provide the Buyer with the professional brokerage service provided to a Client who has concluded an agreement with us.

ILS then performs the activities resulting from the agreement concluded with the Seller and the activities necessary for the proper conduct of the transaction on the side of the entity for which ILS provides its services.

Would you like ILS to act for you as well?

If an offer is not covered by the 0% promotion and the Buyer expects ILS to act on their behalf and provide professional assistance throughout the property acquisition process, it is possible to enter into a separate brokerage agreement with ILS.

In such a case, the scope of services and remuneration are specified in the concluded agreement.

The Buyer then pays not merely for the opportunity to purchase the property, but for the professional work performed by ILS on their behalf and in their interest.

>> Learn about our cooperation rules, procedures and costs

Properties owned by ILS

The 0% commission designation may also be used for selected properties owned by ILS POLAND GROUP or another entity within the ILS group.

In such a case, this is a direct offer from the property owner rather than a brokerage service provided to the Buyer or Tenant.

The Buyer or Tenant does not pay ILS any commission in such a case.

The Buyer or Tenant may independently analyse the terms of the transaction and the documents or use their own lawyer, real estate broker or another adviser.

ILS, acting as the property owner, presents the terms of the sale or lease, specifies the required documents and the rules for concluding the agreement, while the Buyer or Tenant independently decides whether to use additional professional assistance on their side.

Important: 0% commission does not mean there are no other transaction costs

The “0% Commission for the Buyer” promotion applies exclusively to ILS remuneration.

It does not automatically mean that there are no other costs associated with purchasing the property.

Depending on the country and the type of transaction, these may include, among other things:

• taxes,
• notarial fees,
• court or registration fees,
• translation costs,
• bank charges,
• costs of powers of attorney,
• administrative fees,
• other costs applicable to the particular transaction.

Detailed information concerning property purchase procedures and costs is available in the relevant ILS materials for the particular market.

>> Property purchase procedures and costs

Terms and Conditions of the “0% Commission for the Buyer” Promotion

1. Promotion organiser

The promotion is organised by ILS POLAND GROUP and the relevant ILS entity involved in handling the particular offer.

2. Scope of the promotion

The promotion applies exclusively to property offers clearly marked with the “0% Commission for the Buyer” symbol.

3. Principle of the promotion

For an offer covered by the promotion, the Buyer does not bear the cost of ILS remuneration for the brokerage service provided to the Buyer within the scope specified in the concluded agreement.

4. ILS remuneration

ILS remuneration related to the transaction is paid by the Seller, developer or another entity in accordance with separate arrangements and an agreement concluded with ILS.

5. Agreement with the Buyer

The scope of activities performed by ILS for the Buyer is determined by the brokerage agreement concluded with the Buyer and the nature of the particular transaction.

6. Offers not covered by the promotion

The absence of the “0% Commission for the Buyer” designation means that the promotion does not apply to the particular property.

In such a case, the Buyer may enter into a paid brokerage agreement with ILS or, if the nature of the transaction and the terms of cooperation with the Seller allow it, manage their side of the transaction independently or with the assistance of their own lawyer, adviser or real estate broker.

If the Buyer does not enter into a brokerage agreement with ILS and independently manages their side of the transaction, ILS does not assume towards the Buyer the obligations arising from a brokerage service provided to the Buyer.

7. Properties owned by ILS

In the case of properties owned by ILS POLAND GROUP or another entity within the ILS group, the 0% designation may indicate a direct offer from the property owner.

In such a case, ILS does not provide a brokerage service to the Buyer or Tenant solely by virtue of entering into a transaction with them concerning a property owned by ILS.

8. Other costs

The promotion applies exclusively to ILS remuneration and does not constitute an exemption from other costs associated with the transaction, including in particular taxes, notarial, court, registration or bank fees, translation costs, costs of powers of attorney or other charges applicable to the particular transaction.

9. Terms of a particular offer

The detailed terms of the promotion, the scope of services and the rules applicable to a particular transaction may also result from the content of the offer, the brokerage agreement and other documents relating to the particular property.

10. Duration

The promotion is valid for an indefinite period until amended or withdrawn by ILS POLAND GROUP. The inclusion of a particular property in the promotion is determined in each case by whether the offer is marked with the “0% Commission for the Buyer” symbol.