As we have analyzed in previous articles, we know that the largest foreign investors in Spain are the English, although Bréxit is significantly affecting this trend. But in the last few months there has been a marked distrust on the part of the market of our country and this is what Mar Stucklin (British writer) expresses in his ...

A British website advises how to avoid cheating in the Spanish property market

A British website advises how to avoid cheating in the Spanish property market

As we have analyzed in previous articles, we know that the largest foreign investors in Spain are the English, although the Bréxit is affecting this trend remarkably.

But in recent months a notable distrust on the other hand in the market of our country and this is expressed by Mar Stucklin (British writer) in his website spanishpropertyinsight.com, where he has published a series of recommendations for his countrymen on how to avoid being deceived if they go to acquire or sell properties in Spain and thus prevent scams or bulky commissions .

Among some of their advice we read the following: " Do not do real estate in Spain without a lawyer. But please, first verify that you have a degree and that you are registered ".

In addition, the lawyer Raymundo Larrain Nesbitt lists in this page what are the risks for a British investor that intends to sell your property Among them we find:

-The seller relies on a real estate agency 'with reputation' but one of its agents draws a secret contract of sale with a very high commission, which charges even if the operation is not performed.

-A real estate agent asks the owner to allow him some room to maneuver to lower the property because the market is very difficult. But this agent agrees with the buyer to make a lower rebate. The difference stays with the agent.

-The seller sells his house and goes to a notary, where he is paid with fake money. Subsequently there is no way to undo the contract and is left homeless and without money.

-The seller is paid a signal and is convinced to go directly to the notary, without first going through a lawyer. The problem is that the contract contains faults and it is too late to correct them.

-A "British friend" convinces the seller to give him powers to avoid paying lawyers. Over time, the friend disappears with the money from the sale, and the seller is left homeless and without money.

Seen in Idealist.

Keys to being a good real estate agent

In a previous news, we talked about the qualities that a real estate agent should have. We divided the qualities into three large groups: professionalism, values ​​and social skills. This time we will see three keys to be a good real estate agent, related to the price of housing and the agent himself: - 1. ESTABLISH GOOD RELATIONSHIP QUALITY/PRICE ......

Real estate news: Approved eviction law express squatters

Last April, the Congressional Justice Commission approved the proposed PDeCAT law that modifies the Civil Procedure Law in order to speed up the end of illegal housing squatting. One of the priorities is to recover the squatted house within a maximum period of 20 days ......

Interviews and personal sales

1 End of the real estate sale according to the type of interview It is difficult that a sale of high price and risk such as real estate is completed in a single session or interview. More often than not, our sales work is carried out through a series of meetings in which ......

Real estate news Real estate loans have fallen by 9% in the last year, almost 11,000 million euros.

According to the report "Evolution of credit to productive activities in Spain by activity sectors", published by AIS Group (specialist consultant in credit risk management), the portfolio of loans to companies engaged in real estate activities fell more than 10,800 million euros between 2016 and 2017. This fall in credit to this segment means ......