Registration will be voluntary and professionals must prove their professional training. On February 13, a communiqué was published confirming that the Government Council has approved the decree creating the Real Estate Registry of the Community of Madrid. The main purpose of this registry is to defend and protect the rights ...

Madrid creates the Registry of Real Estate Agents

Real Estate News Real Estate Agents Registration Madrid

The registration will be voluntary and the professionals must prove their professional training.

On February 13 a statement was published confirming that The Government Council has approved the decree creating the Real Estate Registry of the Community of Madrid.

This registry has as main objective to defend and protect the rights of consumers they hire real estate professionals, favoring quality and guarantees in the provision of a service that entails large outlays for citizens.

Since 2000, it was not necessary to have a specific higher degree, a level of degree medium, a specific physical address or liability insurance civil servant to practice as real estate agent (API). That is why the Api graduates have denounced the irruption in the sector of intermediaries without professionalism and measures have been taken to create this registry.

The registration of the agents will be voluntary and will favor transparency in the sector. Consumers can check the register through the website of the Community of Madrid.

These are some of the requirements that the agent must meet to formalize the registration:

-Tener a real estate establishment open to the public in the Community of Madrid or provide this service electronically.

-Acredit professional training to carry out the activity.

- Current professional liability insurance € 100,000 per claim and € 600,000 per year.

-Requirement of solvency, as a guarantee for a minimum amount of € 60,000 per establishment open to the public and year of coverage.

inscription will have a validity of five renewable years for periods of equal duration, and may be canceled in the event that the inaccuracy, falsification or omission of an essential nature is found in the information provided to appear on it.

VIEW COMMUNICATION

5 Ideas to apply to real estate marketing

In such a competitive sector, as it is the one that concerns us, it is essential to be aware of some techniques or ideas to apply to the real estate marketing itself. This will help us achieve our goals and be at the height of such competition. But first let's caution that you have to be careful not to confuse the ......

Social networks for real estate: YouTube

YouTube has become one of the most important social networks, since the possibility of incorporating promotional videos is unlimited and it is also a trend that more and more professionals are turning to. The real estate sector should not be left behind. Having your own Youtube channel opens infinite possibilities when it comes to ......

Real estate news, Claims rejected mortgages clauses on land.

The bank has rejected 60% of the claims it has received in terms of land clauses in the first quarter of this year, affecting almost half a million claimants (around 463,000 customers with more than 2,000 million). Although the bank has insisted that many of the claims do not ......

The reference real estate portals in Spain

Given the importance of the Internet today, real estate portals have become a fundamental tool for real estate agencies, as it is an essential opportunity to reach more customers and users of the network. The numbers do not lie: according to Nielsen Online, more than 5 million people came ......