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Estate Agents
Re: Estate Agents
by Jan » Sat Feb 02, 2019 11:02 am
Please remember not to use the Estate Agents Solicitor/Abagado as you want one who will be working in your interest.
There are lots of recommendations from long standing members on this forum.
There are lots of recommendations from long standing members on this forum.
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Re: Estate Agents
by GLASSMAN » Sat Feb 02, 2019 3:51 pm
I would,nt ,I,d choose someone more active in the resales market,from my personal experience,costamama wrote:In answer to the question - I would most certainly recommend Casas Manuel in Benijofar. My husband and personally dealt with them when they sold our second house and we recommended them to friends and they sold their house as well. They were professional at all times and their fee was very competitive. They were very thorough in dealing with the correct documentation required and followed through on every query posed by either us the sellers or the buyers. They therefore deserve recommendation.
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Re: Estate Agents
by Stephanie » Sat Feb 02, 2019 8:21 pm
Watch out for money kept back for non payment of bills. Even if you have paid them you never get your money back.
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Re: Estate Agents
by Norfolk-in-chance » Sun Feb 03, 2019 7:49 am
We’re in the process of selling our property and I found the going rate for an estate agent in Benijófar is a minimum of €5000 or 3% of the sale price if the property is worth over €170,000. One or them wants €6000 commission. What with capital gains taxes, lawyer costs, land tax etc on top of that, it mounts up to a considerable sum.
We opted for Benigest and to be honest they are pushing my property sale extremely well and are excellent to deal with.
We opted for Benigest and to be honest they are pushing my property sale extremely well and are excellent to deal with.
Just do it
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Re: Estate Agents
by costamama » Sun Feb 03, 2019 9:26 am
You can only recommend based on your personal experience. It does appear sometimes that Estate Agents in Spain get paid a lot of money for doing nothing (not my view but a view of many). However having lived here for just over 20 years I believe that I can safely say that I am aware of the Agents that are shall we say less than satisfactory. BUT the volume in house sales in countries like the UK are very high and therefore agents fees can be negotiated down to 2% or 2.5% or thereabouts. Here the story is different. Purely in my opinion - a minimum fee of 5,000 euros (for example if a property is less than 100,000 euros) is well worth it if it gets the property sold and everyone in the transaction is happy. Having a good lawyer will ensure that any agent cannot try and buck the agreement. You get what you pay for is a good mantra to follow. The good agents have access to markets that the personal seller would never have. I am not an Estate Agent and I do not have any connection to any Estate Agent. My experience is based on 20 years of watching many people get caught out and suffer dire consequences by going the ¨cheap¨route. So based on that - is my recommendation for Casas Manuel. I am sure that other people have also had happy experiences with other Agents as well - which is as it should be.
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Re: Estate Agents
by Carolbyron » Sun Feb 03, 2019 9:57 am
Hi. Try Merrymaids quesada they only charge 2% on sales.
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Re: Estate Agents
by Jan » Sun Feb 03, 2019 10:24 am
Stephanie wrote:Watch out for money kept back for non payment of bills. Even if you have paid them you never get your money back.
If you use a reputable Solicitor/Abagado who hold this money you do get it back. It may take a while as they have to check that all bills are paid but it will be given back eventually (less any outstanding bills).
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Re: Estate Agents
by Paulr » Mon Feb 04, 2019 1:12 pm
When I sold my parents' house on La Marina last year, I used:
https://newstartestates.com/
At that time, they were charging 3% or Eu 3,000 minimum.
When comparing services, ask which property portals they advertise on.
Personally, I would steer clear of any agent that doesn't have a clear pricing structure. The types that want to add their commission on top of your agreed selling price don't offer enough transparency and this arrangement can work against the vendor. Friends of ours recently bought a house from a Dutch agent: a few weeks after completion, a chap appeared at their gate, saying he was the brother of the previous owner and would they tell him how much they'd paid for the property. It transpired that the agent had told the owner they needed to reduce the selling price, which they did, but in fact he'd taken that reduction out of the vendor's proceeds whilst protecting his own commission. These types of agent bank on the vendor and purchaser not speaking directly to each other, but my friends discovered that, of the Eu100k they paid for their property, Eu30k went to the agent! When the agent suggested the owners drop their selling price, he wasn't taking a hit on his own commision. No odds to my friends, but needless to say, the vendor's brother was not happy to hear this.
https://newstartestates.com/
At that time, they were charging 3% or Eu 3,000 minimum.
When comparing services, ask which property portals they advertise on.
Personally, I would steer clear of any agent that doesn't have a clear pricing structure. The types that want to add their commission on top of your agreed selling price don't offer enough transparency and this arrangement can work against the vendor. Friends of ours recently bought a house from a Dutch agent: a few weeks after completion, a chap appeared at their gate, saying he was the brother of the previous owner and would they tell him how much they'd paid for the property. It transpired that the agent had told the owner they needed to reduce the selling price, which they did, but in fact he'd taken that reduction out of the vendor's proceeds whilst protecting his own commission. These types of agent bank on the vendor and purchaser not speaking directly to each other, but my friends discovered that, of the Eu100k they paid for their property, Eu30k went to the agent! When the agent suggested the owners drop their selling price, he wasn't taking a hit on his own commision. No odds to my friends, but needless to say, the vendor's brother was not happy to hear this.
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