Estate agents

Good morning all,

This might rank as silly question of the week, but as I’ve already been told on here to be very careful of any dealings I’m going to ask it anyway, I’ve been in contact with Spanish life properties in regards to arranging a couple of viewings of property they have on the Rightmove website, now this maybe me just being an old cynic, but during our conversation I was told that if I saw anything else that was listed with another estate agent to let them know as they could arrange the viewing(through them it seemed) this I was told is common practice in Spain as they do things differently, is that so? It just seems a very funny way of doing things!

Thanks Tim

TimT wrote:Good morning all,

This might rank as silly question of the week, but as I’ve already been told on here to be very careful of any dealings I’m going to ask it anyway, I’ve been in contact with Spanish life properties in regards to arranging a couple of viewings of property they have on the Rightmove website, now this maybe me just being an old cynic, but during our conversation I was told that if I saw anything else that was listed with another estate agent to let them know as they could arrange the viewing(through them it seemed) this I was told is common practice in Spain as they do things differently, is that so? It just seems a very funny way of doing things!

Thanks Tim

Yes this is common amongst agents, can be beneficial to buyer instead of going round lots of agents let the agent do the work tell them type and area you are looking for and see what they find,, then the agents split the commission on the sale, this can work well for agents and buyers.

Many thanks, just wanted to check

Regards Tim

Yes I agree, we did our viewings with Home Espania, who then colabratated with other agents so quite often we had 2 agents showing us one property. For example the one we bought was listed with petra honig, on viewing it our home espania agent stopped off at petra honig, picked up an agent, then both showed us round. They then shared the commission.

and boy ho! boy do! they charge a commission,buying and selling.buyer beware.

Our property was advertised on Petra Honig but we purchased through Sapphire Property in Quesada absolutely brilliant service very helpful

You have to accept that Property Purchase and Sales are handled differently in Spain and costs more. It's all a learning curve.

Janjan wrote:You have to accept that Property Purchase and Sales are handled differently in Spain and costs more. It's all a learning curve.

Thanks, I have no problem accepting that, and that's why I asked the question, I'm learning how differently things are done

GLASSMAN wrote:and boy ho! boy do! they charge a commission,buying and selling.buyer beware.

I’ve asked for a rough idea of costs, I was quoted about 13%, made up of 10% government tax, and approximately 3% for conveyance fees, nothing about a buyers commission, and that’s something I certainly wouldn’t pay.!!

When you buy in Spain you have on top of property price IVA and fees, notary etc nothing to do with agents, commission is paid by seller not buyer, I think some people get confused,