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beware of estate agents - Page 3

BikerMan BMW

Posted: Fri Feb 22, 2019 8:04am

BikerMan BMW

Helpful member

Posts: 48

51 helpful points

Location: Pinoso / El Pinós

Joined: 21 Oct 2018

Posted: Fri Feb 22, 2019 8:04am

Actually there is nothing wrong with that morally.The seller pays the commission, the agent gets the best price for the seller.  It should be no other way.

Rob C

John56

Posted: Fri Feb 22, 2019 9:51am

John56

Legendary helpful member

Posts: 2995

5635 helpful points

Location: La Zenia

Joined: 7 Jul 2016

Posted: Fri Feb 22, 2019 9:51am

This post that was quoted has been deleted.

Generally it is not Spanish Estate Agents that are the problem but Cowboy corrupt English Agents who would rip off their own dying Grandmother.

Joanneibiza

Posted: Fri Feb 22, 2019 11:18am

Posts: 14

1 helpful points

Location: Beniarbeig

Joined: 15 Sep 2018

Posted: Fri Feb 22, 2019 11:18am

Should the have signed a pre buying agreement that states the price in the contract?

Richard080943

Posted: Sat Feb 23, 2019 1:55pm

Richard080943

Helpful member

Posts: 751

427 helpful points

Location: La Marina

Joined: 21 Jul 2018

Posted: Sat Feb 23, 2019 1:55pm

I ¨sold¨my house through an agent who advertises widely on the radio that his company appeared on the ´Sun, sea and selling house¨ TV program and claims to be a family of professionals - NOT!

He made a complete mess of the whole hose selling process which ended up with a lost sale and a further loss to me of 3 thousand euros.

Do you think that I got an apology or compensation?  Think again!!  

Their female lawyer, one to avoid at all costs, told me that she had sent me an email on the day of completion (!!!!!) to say that the buyer would not be attending the Abogado.  And... they want 5 percent commission.....

You know who I mean - avoid them!

Richard in Crevillent

The engineer 1

Posted: Sun Feb 24, 2019 8:29am

Posts: 4

2 helpful points

Location: Rojales

Joined: 20 Feb 2019

Posted: Sun Feb 24, 2019 8:29am

Although the seller pays a lot of money, we get the bad deal. I was told by an agent last month, sign exclusive contract, it goes on internet etc all stops pulled out for a sale. This is for 5%. For me that's 8k. Had 5 agents price the house, all in the same ball park. Went with this agent as seemed most professional and local. Within days had an offer. 20% below asking. Got quite bolishi when I said no. Wanted me to accept 35k lower than they priced it at. Lots of money, littlework. 

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Pacoboy

Posted: Sun Feb 24, 2019 11:07am

Pacoboy

Original Poster

Helpful member

Posts: 478

317 helpful points

Location: Algorfa

Joined: 11 May 2018

Posted: Sun Feb 24, 2019 11:07am

Normal you shouldn't pay more than 3 pc

Try putting your own sign up that works just as well

Pacoboy

Posted: Sun Feb 24, 2019 11:10am

Pacoboy

Original Poster

Helpful member

Posts: 478

317 helpful points

Location: Algorfa

Joined: 11 May 2018

Posted: Sun Feb 24, 2019 11:10am

I wonder if that agent actually got a higher offer and was about to pocket the rest

John56

Posted: Sun Feb 24, 2019 11:10am

John56

Legendary helpful member

Posts: 2995

5635 helpful points

Location: La Zenia

Joined: 7 Jul 2016

Posted: Sun Feb 24, 2019 11:10am

Pacoboy wrote on Sun Feb 24, 2019 11:07am:

Normal you shouldn't pay more than 3 pc

Try putting your own sign up that works just as well

Many Estate Agents ( LOL ) are charging between 5 and 7 %

Villas

Posted: Sun Feb 24, 2019 11:12am

Villas

Legendary helpful member

Posts: 4349

3527 helpful points

Location: Sax

Joined: 29 May 2017

Posted: Sun Feb 24, 2019 11:12am

" for sale "sign on house" Dependent on the location of property of course.......Mine's on the market..private sale, but with only half dozen people passing by in a week I"m having to resort to other methods. Villas.

Spanielk9

Posted: Tue Jul 9, 2019 8:57am

Posts: 19

6 helpful points

Location: Algorfa

Joined: 7 Jun 2019

Posted: Tue Jul 9, 2019 8:57am

I agree, Most of the UK  estate agents in Spain are nothing more than Opportunistic SPIVS.

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