Selling a flat in Schwabing — discreetly, with a local branch

Many owners selling a flat in Schwabing have owned their property for decades: as their own home, as a rental investment, or as a flat belonging to their parents that has passed into the family through inheritance. Each of these circumstances raises its own set of questions. Following an inheritance, several parties often need to reach a joint decision before the sale can be discussed. In the case of a job-related move, the timeline tends to be more pressing than market conditions. And a let flat appeals to a different set of buyers than a property that is about to become vacant, which affects both pricing and the approach taken.

Before marketing the property, therefore, decisions must be made regarding the timing, marketing channel and pricing strategy. All three depend on a realistic assessment of what the property can achieve within its local area. To this end, it is worth taking a close look at the location, the property’s condition and the buyer profile before the first property brochure is drawn up. Those who follow this sequence will be in a strong negotiating position later on and will not need to adjust the price during the sales process.

In the case of owner-occupied flats, the buyer and seller share the estate agent’s commission. This is what the legal provisions on commission sharing stipulate. The specific amount and all terms and conditions are set out in the estate agent’s contract and are discussed during the initial consultation before you commit to anything. There are no hidden side agreements.

The commission corresponds to a defined scope of services: valuation, the collection and verification of documents, a property brochure with professional photography, the organisation and supervision of viewings, the assessment of the buyer’s creditworthiness, price negotiation, and support right through to the notary appointment and handover. The relative importance of each of these elements in any given case depends on the property. The scope of services is agreed upon before work begins.

The Schwabing branch offers the quickest route to existing buyers: it manages search requests from prospective buyers who are specifically looking in the neighbourhood and waiting for a property to come onto the market. Anyone wishing to sell a flat in Munich’s Schwabing district therefore does not have to start from scratch. The first point of contact is with these pre-vetted prospects.

For the high-end market, the reach extends even further: as part of the international property network of Christie’s International Real Estate, RIEDEL Immobilien also reaches buyers outside the Munich market. You can find out more about this reach on the page ‘Luxury Properties in Munich’. High-quality, refurbished flats in period buildings and properties on the edge of the English Garden also meet the premium demand described in more detail on the ‘Luxury Flats in Munich ’ page.

Behind this is a company that brokers residential property in Munich and the Fünfseenland region, is a member of the IVD and was named ‘Estate Agent of the Year 2025’ (Bellevue). The contact person at the Schwabing office is Maximilian Riedel, authorised signatory, partner and property economist (IRE|BS). Consultations take place right where the buyers of your flat call home.

When a flat is put up for sale, buyers (and the banks providing their financing) regularly request the same documents: the declaration of division together with the rules of association, the minutes of the most recent owners’ meetings, service charge statements and the budget, the current balance of the maintenance reserve, the energy performance certificate, as well as the floor plan and the calculation of living space. In addition, a current extract from the land register is required. For let flats, the tenancy agreement should also be included in the file.

This list is intended as a guide, not an exhaustive one. Which documents are required in each individual case depends on the property and the buyer. Missing documents are one of the most common reasons why the period between the offer to purchase and the appointment with the solicitor is prolonged. RIEDEL therefore checks at the outset what documents are available and what can be obtained via the property management company.