SELLING A PROPERTY

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07 Aug 2010 00:00 by Gypsy Star rating in south shields/formen.... 206 posts Send private message

Gypsy´s avatar

i AM THINKING OF USING A FIRM CALLED SELL PROPERTY IN SPAIN TO SELL MY APARTMENT.

THEIR WEBSITE IS www.propertyinspain.com  HAS ANYONE EVER DEALT WITH THIS COMPANY ??

 THEY STATE ON THEIR WEBSITE THAT ONE OF THEIR PACKAGES IS PAY 700 EUROS UP

FRONT OR 500 EUROS NOW AND 500 EUROS WHEN THE PROPERTY IS SOLD.

ANY REPLIES WOULD BE APPRECIATED OR A PRIVATE MESSAGE IF POSSIBLE

 



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GYPSY




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08 Aug 2010 00:53 by Roberto Star rating in Torremolinos. 4523 posts Send private message

Roberto´s avatar

Never heard of them, but followed your link to look at the website. I can't immediately see anything about listing your property for sale with them, let alone the fees you mentioned. Can you post a link to that specific page?

It seems to me that they are acting as a buyer's agent - "WE DON'T SELL SPANISH PROPERTY, WE HELP YOU BUY IT!", which implies to me that they will try to source a property for a buyer, then either claim a portion of the selling agent's fee, or charge the buyer a fee directly - but it's not clear to me at all from their website what they really do. Perhaps it is just a property for sale listing?

Either way, personally I would think you would be better off listing your property with some local agents, who at most will ask you to pay for a nota simple from the land registry (about €15) up front. OK, they will want 3-5% commission if they sell it, but you can allow for that in the advertised sale price, and there's probably a better chance that they will actually find a buyer. With a UK address, and only a Spanish mobile number on their site, I can't help feeling that you won't get very much for your 500-700€. But that's just my hunch......

 



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08 Aug 2010 10:08 by EOS Team Star rating in In Spain of course!. 4017 posts Send private message

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I can't find the info on their site either.

It's not normal to pay the agent something when selling, they tend to take a commission when they sell and it's the buyer who pays this.

I know many agents are being more fussy over the properties they put on their books but I agree with Roberto, you're better off finding a local agent who won't charge you anything.

Justin



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08 Aug 2010 10:29 by Gypsy Star rating in south shields/formen.... 206 posts Send private message

Gypsy´s avatar

thanks Justin and Roberto for the replies.

I will take the advice of both of you and list

it with a local agent when I am back in spain

next week.

THANKS AGAIN.



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GYPSY




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