Selling without an agent

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31 Jan 2011 12:00 AM by coleen Star rating. 84 posts Send private message

 I've read on the forum that it is possible to sell a property without an agent or solicitor providing that is you understand about the plus valia and so on.  Let's say, for example, that I have a buyer, but don't have a clue what to do next (other than approach an agent and/or solicitor) how could I find out about the paperwork that needs to be done?  





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01 Feb 2011 10:01 AM by joanmalaga Star rating in Costa del Sol. 419 posts Send private message

Hi coleen,

All you can do is ask everyone, the problem with that is everyone will say something different.

If i was you i would try and negotiate a good rate with a lawyer and let them take care of it.

Joan





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01 Feb 2011 11:39 AM by Faro Star rating in London. 1139 posts Send private message

Coleen

Yes - if you know what you are doing then you don't need lawyer. But if you don't speak Spanish and you don't know what you are doing then you definitely need a lawyer.

If the buyer has a Spanish lawyer (who does not speak English) how will you communicate with him or know what he is asking you.

Also if there is a mortgage on the property then someone has to deal with the canellation and work with bank etc so there will be discussions on that etc - maybe retentions to be agreed etc

But you don't have to pay scale fees - shop around and get a quote.





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01 Feb 2011 11:58 AM by normansands Star rating in Kent. 1281 posts Send private message

Dear Colleen,

try to obtain the book.............THE CONVEYANCING FRAUD...........Michael Joseph

Regards

Norman



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N. Sands



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01 Feb 2011 12:27 PM by Damatt Star rating in South Wales/Algorfa. 78 posts Send private message

Hi,

I think that yu could sell your property without an agent, but I don't think it would be wise to sell without the use of a solicitor, if you have never done it before, then you could miss something very important.

If you are from the UK, ask yourself the question - would you sell without a solicitor in the UK? - if the answer is no, then why do it in a Country were you do not know the laws and procedures and maybe do not speak the legal language.

Dave



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www.damattproperty.com



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01 Feb 2011 8:01 PM by coleen Star rating. 84 posts Send private message

 Hi one and all,

And very many thanks for your helpful posts.  There are a lot of good and important points there and I shall try and get the book, it is a subject I am interested in!

Looking at that, I will almost certainly go through a solicitor and shop around for fees.  I have bought property in Spain myself and speak the language, having lived here for 10 years but even so, an English speaking solicitor would be a bit more belt and braces if needed, particularly with a view to legal-speak.  

There isn't a mortgage involved and theoretically (!!!) it should be quite straight forward which is why I wondered if we could keep it simple ... but we all know how these things are. 

Thank you!





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