Tarpininkus

Tarpininkus is a term used in Lithuania to refer to an intermediary or broker, often in the context of real estate transactions. These individuals act as a link between buyers and sellers, facilitating negotiations and the completion of a sale. A tarpininkus typically possesses knowledge of the local market, legal procedures, and pricing trends. Their role can involve advertising properties, arranging viewings, advising clients on offers, and assisting with the paperwork required for a successful transaction. They aim to streamline the buying or selling process for their clients, who may lack the time, expertise, or desire to navigate these complexities themselves.

The services of a tarpininkus are usually compensated through a commission, a percentage of the final sale price, which is agreed upon beforehand. This commission can be paid by either the buyer, the seller, or sometimes split between both parties. It is important for clients to clearly understand the scope of services provided and the exact commission structure before engaging the services of a tarpininkus. In some cases, their involvement might extend to offering guidance on property valuation, legal due diligence, and even property management. The term "tarpininkus" emphasizes their function as a go-between, bridging the gap between parties in a transaction.